Pending megamergers will put two U.S. banking companies among the world's top 10, a distinction no domestic institution has had in a decade.

An American Banker survey of world banks based on yearend 1997 figures indicates that Citigroup, the combination of Citicorp and Travelers Group that may be consummated as early as next month, would rank second in the world, with $697.5 billion of assets.

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