A Jan. 8 article on page 1, "Travelers Veteran Sharpens the Knife for Lagging Citigroup Consumer Lines," understated Citigroup's student lending portfolio.

Citicorp held $8.3 billion of student loans at midyear. The lower figure in the story and an accompanying chart actually tallied Citicorp's student loan originations during the first half.

As the chart correctly showed, Citicorp was No. 2. in the business at that time. However, Citigroup says it has now passed Chase Manhattan Corp.

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