97-8331. Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities  

  • [Federal Register Volume 62, Number 63 (Wednesday, April 2, 1997)]
    [Notices]
    [Pages 15711-15712]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 97-8331]
    
    
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    FEDERAL RESERVE SYSTEM
    
    Notice of Proposals to Engage in Permissible Nonbanking 
    Activities or to Acquire Companies that are Engaged in Permissible 
    Nonbanking Activities
    
        The companies listed in this notice have given notice under section 
    4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and 
    Regulation      Y, (12 CFR Part 225) to engage de novo, or to acquire 
    or control voting securities or assets of a company that engages either 
    directly or through a subsidiary or other company, in a nonbanking 
    activity that is listed in Sec.  225.25 of Regulation Y (12 CFR 225.25) 
    or that the Board has determined by Order to be closely related to 
    banking and permissible for bank holding companies. Unless otherwise 
    noted, these activities will be conducted throughout the United States.
        Each notice is available for inspection at the Federal Reserve Bank 
    indicated. Once the notice 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 on the 
    question whether the proposal complies with the standards of section 4 
    of the BHC Act.
        Unless otherwise noted, comments regarding the applications must be 
    received at the Reserve Bank indicated or the offices of the Board of 
    Governors not later than April 16, 1997.
        A. Federal Reserve Bank of New York (Christopher J. McCurdy, Senior 
    Vice President) 33 Liberty Street, New York, New York 10045-0001:
        1. Credit Suisse Group, Zurich, Switzerland, and Credit Suisse 
    First Boston Corporation, New York, New York; to acquire 34.88 
    TradeWeb, L.L.C., New York, New York, and thereby engage in data 
    processing activities, pursuant to Sec.  225.25(b)(7) of the Board's 
    Regulation Y.
        2. Swiss Bank Corporation, Basel, Switzerland; to acquire 9.3 
    percent of TradeWeb, L.L.C., New York, New York, and thereby engage in 
    data processing activities, pursuant to Sec.  225.25(b)(7) of the 
    Board's Regulation Y.
    
    
    [[Page 15712]]
    
    
        Board of Governors of the Federal Reserve System, March 27, 
    1997.
    Jennifer J. Johnson,
    Deputy Secretary of the Board.
    [FR Doc. 97-8331 Filed 4-1-97; 8:45 am]
    BILLING CODE 6210-01-F
    
    
    

Document Information

Published:
04/02/1997
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
97-8331
Pages:
15711-15712 (2 pages)
PDF File:
97-8331.pdf