2016-07277. Formations of, Acquisitions by, and Mergers of Bank Holding Companies  

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    The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below.

    The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The applications will also be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States.

    Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than April 25, 2016.

    A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528. Comments can also be sent electronically to or Comments.applications@rich.frb.org:

    1. BCP Fund I Virginia Holdings, LLC, The BankCap Association, which consists of BankCap Equity Fund, LLC, BankCap Partners GP, L.P., and BankCap Partners Fund I, L.P.; and BankCap Partners Opportunity Fund, L.P., all in Dallas, Texas; to acquire up to 7.1 percent of the voting shares of Hampton Roads Bankshares, Inc., and thereby indirectly acquire voting shares of Bank of Hampton Roads, both in Virginia Beach, Virginia.

    2. CapGen Capital Group VI LP, CapGen Capital Group VI LLC, both in New York, New York, and Hampton Roads Bankshares, Inc., all in Virginia Beach, Virginia; to merge with Xenith Bankshares, Inc., and thereby indirectly acquire Xenith Bank, both in Richmond, Virginia.

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    Board of Governors of the Federal Reserve System, March 28, 2016.

    Michael J. Lewandowski,

    Associate Secretary of the Board.

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    [FR Doc. 2016-07277 Filed 3-30-16; 8:45 am]

    BILLING CODE 6210-01-P

Document Information

Published:
03/31/2016
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
2016-07277
Pages:
18627-18627 (1 pages)
PDF File:
2016-07277.pdf