Exhibit 12.2

Ratio of Earnings to Fixed Charges and Preferred Stock Dividends

	Twelve Months Ended December 31,
(dollar amounts in thousands of dollars)	2011			2010			2009			2008			2007
Earnings:
Income (loss) before income taxes	$	707,234		$	352,311		$	(3,678,183	)	$	(296,008	)	$	22,643
Add: Fixed charges, excluding interest on deposits and preferred stock dividends		97,035			102,969			155,269			351,672			431,320
Earnings available for fixed charges, excluding interest on deposits		804,269			455,280			(3,522,914	)		55,664			453,963
Add: Interest on deposits		260,051			439,049			674,101			931,679			1,026,388
Earnings available for fixed charges, including interest on deposits		1,064,320			894,329			(2,848,813	)		987,343			1,480,351
Fixed Charges:
Interest expense, excluding interest on deposits		81,004			87,537			139,754			334,952			415,063
Interest factor in net rental expense		16,031			15,432			15,515			16,720			16,257
Preferred stock dividends		30,813			172,032			174,756			46,400			—
Total fixed charges, excluding interest on deposits		127,848			275,001			330,025			398,072			431,320
Add: Interest on deposits		260,051			439,049			674,101			931,679			1,026,388
Total fixed charges, including interest on deposits	$	387,899		$	714,050		$	1,004,126		$	1,329,751		$	1,457,708
Ratio of Earnings to Fixed Charges and Preferred Stock Dividends
Excluding interest on deposits		6.29	x		1.66	x		(10.67	)x		0.14	x		1.05	x
Including interest on deposits		2.74	x		1.25	x		(2.84	)x		0.74	x		1.02	x