Citicorp and Chase Manhattan Corp. have begun to market accounts aimed at upscale retail customers that compete directly with the investment management accounts offered by brokerage firms.

Citibank N.A. is doing a nationwide rollout this month and next of its product, CitiGold. Marketed in New York since the spring, it is designed for customers with at least $100,000 in Citi accounts.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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