BANKERS TRUST NEW YORK CORP
8-K, 1995-06-23
STATE COMMERCIAL BANKS
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<PAGE>
 
                                 UNITED STATES


                      SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C. 20549

                                 F O R M   8-K

                                 CURRENT REPORT

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

Date of Report (Date of earliest event reported) June 22 1995
                                                 ------------
                       BANKERS TRUST NEW YORK CORPORATION
- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

                                   NEW YORK
- --------------------------------------------------------------------------------
                (State or other jurisdiction of incorporation)

            1-5920                                       13-6180473
- -------------------------------------     --------------------------------------
   (Commission file number)                 (IRS employer identification no.)

                    280 PARK AVENUE, NEW YORK NEW YORK      10017
- --------------------------------------------------------------------------------
                 (Address of principal executive offices) (Zip Code)


    Registrant's telephone number, including area code (212) 250-2500
                                                       --------------
<PAGE>
 
ITEM 5. OTHER EVENTS

          On June 22, 1995, Bankers Trust New York Corporation issued a press
     release announcing that Timothy T. Yates, chief financial officer and
     controller of Bankers Trust New York Corporation, announced his intention
     to retire in the summer of 1996.


ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

     (c) Exhibits

         99.1 Press Release of Bankers Trust New York Corporation, dated 
     June 22, 1995.
<PAGE>
 
                                   SIGNATURES
 
     Pursuant to the requirements 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.


                                        BANKERS TRUST NEW YORK CORPORATION


                                        By /s/ Gordon S. Calder, Jr.
                                           ---------------------------------
                                               Gordon S. Calder, Jr.
                                               Assistant Secretary

date: June 23, 1995
<PAGE>
 
                               INDEX TO EXHIBITS

        99.1 Press release of Bankers Trust New York Corporation, dated 
June 22, 1995,

<PAGE>
 
                                                                    EXHIBIT 99.1

BANKERS TRUST ANNOUNCES INTENTION OF CFO TO RETIRE

New York, June 22, 1995 -- Timothy T. Yates, chief financial officer and 
controller of Bankers Trust New York Corporation, plans to retire next summer, 
it was announced today by Bankers Trust Chairman Charles S. Sanford, Jr.

"After a rewarding 24-year career with the company, I have decided that I would 
now like to spend more time with my family and pursue other personal interests,"
Mr. Yates said. "Over the coming months, I look forward to working closely with 
my colleagues, particularly Charlie Sanford and Gene Shanks, to finish the 
implementation of the many initiatives that we currently have in progress."

"Tim has done a great job with every responsibility that he's been given over 
the past 24 years, especially in his current role as chief financial officer," 
said Mr. Sanford. "Management and the Board of Directors are deeply appreciative
of his contributions to the firm's success."

Mr. Yates, who is also chief financial officer and controller of Bankers Trust 
Company, joined Bankers Trust in 1971. Prior to assuming his current 
responsibilities in 1991, he was chief of staff for the bank's Global Markets 
business and, before that, headed the Loan Syndications and High-Yield Debt 
Securities unit.

Mr. Yates earned a BA degree from Yale University in 1969 and an MBA degree at 
the Harvard Business School in 1971. He is 48 years old.



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