8-K

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                                  UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


                        Date of Report: September 3, 1999




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




       Maryland                       1-7436                   13-2764867
 (State or other jurisdiction       (Commission              (IRS Employer
   of incorporation)                File Number)            Identification No.)



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


       Registrant's telephone number, including area code: (212) 525-6100
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ITEM 5.  OTHER EVENTS

         Republic New York Corporation is hereby filing the document listed
under Item 7 below. Such document is hereby incorporated herein by reference in
this Current Report on Form 8-K and a copy of the same is attached hereto as an
exhibit.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
               INFORMATION AND EXHIBITS.

     c.  Exhibits

          99   Press Release dated September 1, 1999 reporting an investigation
               of the Futures Division of Republic New York Securities
               Corporation.
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                                    SIGNATURE


         Pursuant to the requirement of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                          REPUBLIC NEW YORK CORPORATION


                                          By:        /s/  Paul L. Lee
                                                --------------------------------
                                                            Paul L. Lee
                                                      Executive Vice President


Date:  September 3, 1999

EX-99

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                                                                      Exhibit 99


 REPUBLIC NEW YORK CORPORATION
 News Release
   FOR IMMEDIATE RELEASE                 PRESS CONTACT: MELISSA M. KRANTZ (212)
   NYSE SYMBOL: RNB                    525-3800
 TO REQUEST RELEASE BY E-MAIL:          INVESTOR CONTACT: STEPHEN J. SAALI (212)
 MARIA.ALBA@RNB.COM                    525-5593
  PRESS RELEASES: HTTP://WWW.RNB.COM



                    REPUBLIC NEW YORK CORPORATION CONDUCTING
             INVESTIGATION OF THE FUTURES DIVISION OF REPUBLIC NEW
                          YORK SECURITIES CORPORATION

New York - September 1, 1999: Republic New York Securities Corporation
("RNYSC"), a wholly owned subsidiary of Republic New York Corporation
(Republic), has received a letter from the Financial Supervisory Agency of Japan
("FSA") concerning an inspection that the FSA is conducting of the Tokyo branch
of an affiliate of a client of RNYSC's Philadelphia office. The letter requested
confirmation of certain information concerning RNYSC's business with that
client.

Upon the receipt of the FSA letter, Republic promptly commenced an
investigation. Based upon the initial findings of the investigation and pending
its results, Republic has replaced the management of the Futures Division of
RNYSC and has suspended the chief executive officer of RNYSC. The investigation
relates to the accuracy of certain net asset valuations and confirmations
provided to the client of RNYSC.

Republic has advised the relevant U.S. regulatory and law enforcement
authorities, and together with its outside counsel and external auditors is
working in full cooperation with them.
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With respect to Republic's previously announced merger with HSBC, Republic has
advised HSBC of these developments and continues to work towards a closing.

As of June 30, 1999, Republic New York Corporation, the parent of RNYSC, is a US
Bank Holding Company with assets of $51.2 billion and stockholders' equity of
$3.3 billion. RNYSC has assets of $205 million and stockholder's equity of $76
million.

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