Citicorp Chairman John S. Reed said his...

Citicorp Chairman John S. Reed said his bank remains interested in possibly acquiring the insolvent First RepublicBank Corp. of Texas but that the next step was up to the Federal Deposit Insurance Corp. Reed gave no details of Citicorp’s plans, but when asked he told reporters, “We are expressing interest. We would be interested in looking at the next step.” He made the remarks in Washington following a news conference to discuss efforts by a group he heads to bring banking and other service industries under the aegis of the General Agreement on Tariffs and Trade.