Mellon Bank Corp. says its will move swiftly to quell concerns on Capital Hill about the bank's purchase of mutual fund giant Dreyfus Corp.

The Pittsburgh bank has little choice: Its plans to purchase the nation's sixth-largest mutual fund company come at a time when legislators and regulators have never been more concerned about bank's involvement with uninsured investment products. Mellon indicates it will work up a post-merger policy statement "designed to implement the spirit of recent congressional proposals."

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