94-5691. Waterhouse Investor Services, Inc., et al.; Formations of; Acquisitions by; and Mergers of Bank Holding Companies

[Federal Register Volume 59, Number 48 (Friday, March 11, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-5691]


[[Page Unknown]]

[Federal Register: March 11, 1994]


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FEDERAL RESERVE SYSTEM
 

Waterhouse Investor Services, Inc., et al.; Formations of; 
Acquisitions by; and Mergers of Bank Holding Companies

    The companies listed in this notice have applied for the Board's 
approval under section 3 of the Bank Holding Company Act (12 U.S.C. 
1842) and Sec.  225.14 of the Board's Regulation Y (12 CFR 225.14) to 
become a bank holding company or to acquire a bank or bank holding 
company. The factors that are considered in acting on the applications 
are set forth in section 3(c) of the Act (12 U.S.C. 1842(c)).
    Each application is available for immediate inspection at the 
Federal Reserve Bank indicated. Once the application has been accepted 
for processing, it will also be available for inspection at the offices 
of the Board of Governors. Interested persons may express their views 
in writing to the Reserve Bank or to the offices of the Board of 
Governors. Any comment on an application that requests a hearing must 
include a statement of why a written presentation would not suffice in 
lieu of a hearing, identifying specifically any questions of fact that 
are in dispute and summarizing the evidence that would be presented at 
a hearing.
    Unless otherwise noted, comments regarding each of these 
applications must be received not later than April 4, 1994.
    A. Federal Reserve Bank of New York (William L. Rutledge, Vice 
President) 33 Liberty Street, New York, New York 10045:
    1. Waterhouse Investor Services, Inc., New York, New York, to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Waterhouse National Bank, White Plains, New York, a de novo 
bank.
    In connection with this application, Applicant has also applied to 
acquire Waterhouse Investor Services, Inc., and Washington Discount 
Brokerage Corp., both of New York, and thereby engage in providing 
securities brokerage services restricted to buying and selling 
securities solely as agent for the account of customers pursuant to 
Sec.  225.25(b)(15)(i) of the Board's Regulation Y.

    Board of Governors of the Federal Reserve System, March 7, 1994.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-5691 Filed 3-10-94; 8:45 am]
BILLING CODE 6210-01-F