Citicorp has awarded contracts totaling $750 million to two technology vendors for one of the biggest system implementation projects ever undertaken by a banking company.

Citicorp said it called in Digital Equipment Corp. and Electronic Data Systems Corp. to "accelerate ... a global technology standardization program" linking thousands of personal computers around the world.

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.