Citicorp and Travelers say the company they are creating would be a leading asset management firm, with more than $262 billion of assets under management.

That would vault them past other large U.S. investment managers, including Alliance Capital, American Express Retirement Services, Chase Manhattan Corp., Capital Management and Research, and Putnam Investments.

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.