Citibank completed its acquisition of Mellon Bank's credit card business on March 31.

As announced March 23, the Citigroup unit agreed to acquire $1.9 billion of receivables and establish an agent bank relationship with Mellon, marketing cards under the Mellon and Dreyfus brands. It also agreed to take over the Mellon card operations center in Pike Creek, Del.

Citibank said the acquisition was in keeping with its strategy to focus on the core strengths of its consumer business.

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