As it closed in on the acquisition of AT&T Universal Card Services, Citicorp had the rest of the credit card industry contemplating the breaking of a new size barrier.

The two companies' combined card receivables would exceed $60 billion, leaving MBNA Corp. a distant second at $42 billion. Only two other banking companies would be as much as half Citicorp's size.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.