10-K/A

                       



                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                   FORM 10-K/A

                                 AMENDMENT NO. 1
                                       TO
                                  ANNUAL REPORT

                   For the fiscal year ended December 31, 1997

                           Commission File No. 1-7436

                          REPUBLIC NEW YORK CORPORATION
             (Exact name of registrant as specified in its charter)

           MARYLAND                                        13-2764867
(State or other jurisdiction                            (I.R.S. Employer
 of incorporation or organization)                       Identification No.)

  452 Fifth Avenue, New York, New York                         10018
(Address of principal executive offices)                     (Zip Code)

                                 (212) 525-6100
              (Registrant's telephone number, including area code)






         Republic New York  Corporation  (the  "Corporation")  hereby amends its
Annual  Report on Form 10-K for the year ended  December  31,  1997,  to include
Restated  Financial  Data Schedules for (i) the year ended December 31, 1996 and
(ii)  the year  ended  December  31,  1995.  The  Amendment  is a result  of the
Corporation's  adoption of Statement of Financial  Accounting Standards No. 128,
"Earnings Per Share."

         Accordingly,  the  undersigned  registrant  hereby amends the following
items, financial statements,  exhibits or other portions of its Annual Report on
Form  10-K for the year  ended  December  31,  1997,  as set  forth in the pages
attached hereto:

         Exhibit  27.1 - Financial  Data  Schedule  Restated  for the Year Ended
December 31, 1996.

         Exhibit  27.2 - Financial  Data  Schedule  Restated  for the Year Ended
December 31, 1995.





                                   SIGNATURES

         PURSUANT TO THE  REQUIREMENTS  OF SECTION 13 OR 15(D) OF THE SECURITIES
EXCHANGE ACT OF 1934,  THE REGISTRANT HAS DULY CAUSED THIS AMENDMENT NO. 1 TO BE
SIGNED ON ITS BEHALF BY THE UNDERSIGNED THEREUNTO DULY AUTHORIZED.

Dated: June 5, 1998                              REPUBLIC NEW YORK CORPORATION


                                           By:   WALTER H. WEINER
                                               --------------------------------
                                                       Walter H. Weiner
                                                   (Chairman of the Board)


         PURSUANT TO THE  REQUIREMENTS  OF THE SECURITIES  EXCHANGE ACT OF 1934,
THIS AMENDMENT NO. 1 HAS BEEN SIGNED BELOW BY THE FOLLOWING PERSONS ON BEHALF OF
THE REGISTRANT AND IN THE CAPACITIES AND ON THE DATES INDICATED.


                                                            
Singnature                              Title                       Date

Walter H. Weiner                 Director and Chairman            June 5, 1998
- ---------------------------            of the Board
(Walter H. Weiner)            (Principal Executive Officer)                           
                                                

Stan Martin                    Executive Vice President and       June 5, 1998
- --------------------------      Chief Financial Officer -
(Stan Martin)                 Financial Reporting and Control             
                                  (Principal Financial and              
                                    Accounting Officer)                    
                                                     

Kurt Andersen                          Director                   June 5, 1998
- --------------------------- 
(Kurt Andersen)


Robert A. Cohen                        Director                   June 5, 1998
- ---------------------------
(Robert A. Cohen)

- ---------------------------            Director
(Cyril S. Dwek)

Ernest Ginsberg                        Director                   June 5, 1998
- ---------------------------
(Ernest Ginsberg)

Nathan Hasson                          Director                   June 5, 1998
- ---------------------------
(Nathan Hasson)

Peter Kimmelman                        Director                   June 5, 1998
- ---------------------------           
(Peter Kimmelman)                                        

Richard A. Kraemer                     Director                   June 5, 1998
- ---------------------------
(Richard A. Kraemer)






                                                            
Leonard Lieberman                      Director                   June 5, 1998
- ---------------------------
(Leonard Lieberman)

William C. MacMillen, Jr.              Director                   June 5, 1998
- ---------------------------
(William C. MacMillen, Jr.)

Peter J. Mansbach                      Director                   June 5, 1998
- ---------------------------
(Peter J. Mansbach)

Martin F. Mertz                        Director                   June 5, 1998
- ---------------------------
(Martin F. Mertz)

James L. Morice                        Director                   June 5, 1998
- ---------------------------
(James L. Morice)

- ---------------------------            Director
(E. Daniel Morris)

Janet L. Norwood                       Director                   June 5, 1998
- ---------------------------
(Janet L. Norwood)

John A. Pancetti                       Director                   June 5, 1998
- ---------------------------
(John A. Pancetti)

Vito S. Portera                        Director                   June 5, 1998
- ---------------------------
(Vito S. Portera)

Thomas F. Robards                      Director                   June 5, 1998
- ---------------------------
(Thomas F. Robards)

William P. Rogers                      Director                   June 5, 1998
- ---------------------------
(William P. Rogers)

                                       Director                   June  , 1998
- ---------------------------
(Elias Saal)

Dov C. Schlein                         Director                   June 5, 1998
- ---------------------------
(Dov C. Schlein)

George T. Wendler                      Director                   June 5, 1998
- ---------------------------
(George T. Wendler)

EX-27.1

 

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE  CONTAINS SUMMARY FINANCIAL  INFORMATION  EXTRACTED FROM
THE CURRENT REPORT ON FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1996 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE  TO SUCH  FINANCIAL  STATEMENTS  AND
ACCOMPANYING DISCLOSURES.

<MULTIPLIER>                 1,000
       
                                       
<PERIOD-TYPE>                             YEAR
<FISCAL-YEAR-END>                                                    DEC-31-1996
<PERIOD-END>                                                         DEC-31-1996
<CASH>                                                                   710,183
<INT-BEARING-DEPOSITS>                                                 5,909,195
<FED-FUNDS-SOLD>                                                       2,109,109
<TRADING-ASSETS>                                                       4,807,788
<INVESTMENTS-HELD-FOR-SALE>                                           13,040,445
<INVESTMENTS-CARRYING>                                                 8,135,068
<INVESTMENTS-MARKET>                                                   8,144,518
<LOANS>                                                               11,721,936
<ALLOWANCE>                                                              350,358
<TOTAL-ASSETS>                                                        52,298,851
<DEPOSITS>                                                            31,725,579
<SHORT-TERM>                                                           5,446,841
<LIABILITIES-OTHER>                                                      218,910
<LONG-TERM>                                                            4,248,710
<COMMON>                                                                 275,048
<PREFERRED-MANDATORY>                                                          0
<PREFERRED>                                                              555,800
<OTHER-SE>                                                             2,475,772
<TOTAL-LIABILITIES-AND-EQUITY>                                        52,298,851
<INTEREST-LOAN>                                                          919,230
<INTEREST-INVEST>                                                      1,372,483
<INTEREST-OTHER>                                                         541,370
<INTEREST-TOTAL>                                                       2,833,083
<INTEREST-DEPOSIT>                                                     1,282,205
<INTEREST-EXPENSE>                                                     1,870,898
<INTEREST-INCOME-NET>                                                    962,185
<LOAN-LOSSES>                                                             32,000
<SECURITIES-GAINS>                                                        23,247
<EXPENSE-OTHER>                                                          785,754
<INCOME-PRETAX>                                                          590,546
<INCOME-PRE-EXTRAORDINARY>                                               418,840
<EXTRAORDINARY>                                                                0
<CHANGES>                                                                      0
<NET-INCOME>                                                             418,840
<EPS-PRIMARY>                                                               7.15
<EPS-DILUTED>                                                               7.07
<YIELD-ACTUAL>                                                              2.48
<LOANS-NON>                                                              105,093
<LOANS-PAST>                                                              20,099
<LOANS-TROUBLED>                                                          34,993
<LOANS-PROBLEM>                                                                0
<ALLOWANCE-OPEN>                                                         300,593
<CHARGE-OFFS>                                                             43,038
<RECOVERIES>                                                              18,043
<ALLOWANCE-CLOSE>                                                        350,358
<ALLOWANCE-DOMESTIC>                                                     212,594
<ALLOWANCE-FOREIGN>                                                      137,764
<ALLOWANCE-UNALLOCATED>                                                        0
        

 

EX-27.2

 

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL  INFORMATION EXTRACTED FROM THE CURRENT
REPORT ON FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1995 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS AND ACCOMPANYING DISCLOSURES.


<MULTIPLIER>                 1,000
       
                                       
<PERIOD-TYPE>                             YEAR
<FISCAL-YEAR-END>                                                    DEC-31-1995
<PERIOD-END>                                                         DEC-31-1995
<CASH>                                                                   675,683
<INT-BEARING-DEPOSITS>                                                 6,094,495
<FED-FUNDS-SOLD>                                                       1,749,268
<TRADING-ASSETS>                                                       4,035,606
<INVESTMENTS-HELD-FOR-SALE>                                           11,751,523
<INVESTMENTS-CARRYING>                                                 4,487,022
<INVESTMENTS-MARKET>                                                   4,595,454
<LOANS>                                                                9,843,960
<ALLOWANCE>                                                              300,593
<TOTAL-ASSETS>                                                        43,881,554
<DEPOSITS>                                                            24,919,633
<SHORT-TERM>                                                           3,890,768
<LIABILITIES-OTHER>                                                      193,645
<LONG-TERM>                                                            3,961,551
<COMMON>                                                                 281,298
<PREFERRED-MANDATORY>                                                          0
<PREFERRED>                                                              575,000
<OTHER-SE>                                                             2,151,510
<TOTAL-LIABILITIES-AND-EQUITY>                                        43,881,554
<INTEREST-LOAN>                                                          749,719
<INTEREST-INVEST>                                                      1,017,484
<INTEREST-OTHER>                                                         679,468
<INTEREST-TOTAL>                                                       2,446,671
<INTEREST-DEPOSIT>                                                     1,138,075
<INTEREST-EXPENSE>                                                     1,627,772
<INTEREST-INCOME-NET>                                                    818,899
<LOAN-LOSSES>                                                             12,000
<SECURITIES-GAINS>                                                        25,663
<EXPENSE-OTHER>                                                          821,665
<INCOME-PRETAX>                                                          398,115
<INCOME-PRE-EXTRAORDINARY>                                               288,649
<EXTRAORDINARY>                                                                0
<CHANGES>                                                                      0
<NET-INCOME>                                                             288,649
<EPS-PRIMARY>                                                               4.77
<EPS-DILUTED>                                                               4.65
<YIELD-ACTUAL>                                                              2.61
<LOANS-NON>                                                               67,872
<LOANS-PAST>                                                               6,316
<LOANS-TROUBLED>                                                          14,383
<LOANS-PROBLEM>                                                                0
<ALLOWANCE-OPEN>                                                         319,220
<CHARGE-OFFS>                                                             51,491
<RECOVERIES>                                                              20,215
<ALLOWANCE-CLOSE>                                                        300,593
<ALLOWANCE-DOMESTIC>                                                     166,733
<ALLOWANCE-FOREIGN>                                                      133,860
<ALLOWANCE-UNALLOCATED>                                                        0