[Federal Register Volume 63, Number 81 (Tuesday, April 28, 1998)]
[Notices]
[Pages 23288-23289]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-11193]
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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, including the
companies listed below, that engages either directly or through a
subsidiary or other company, in a nonbanking activity that is listed in
Sec. 225.28 of Regulation Y (12 CFR 225.28) 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. The notice also will 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 May 12, 1998.
A. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. National Australia Bank Limited, Melbourne, Australia; to
acquire indirectly through Homeside Lending, Inc., Jacksonville,
Florida, certain assets and assume certain liabilities of Banc One
Mortgage Corporation, Indianapolis, Indiana, and thereby engage in
mortgage banking activities and servicing loans, pursuant to Secs.
225.28(b)(1) and (b)(2) of the Board's Regulation Y.
B. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager
of Analytical Support, Consumer Regulation Group) 101 Market Street,
San Francisco, California 94105-1579:
1. Palm Desert Investments, Palm Desert, California; to engage de
novo in acting as a ``finder'' in bringing together buyers and sellers
in connection with the sale of automated teller machines (``ATMs'') or
management rights with respect to such ATMs, pursuant to Sec.
225.28(b)(14) of the Board's Regulation Y.
[[Page 23289]]
Board of Governors of the Federal Reserve System, April 22,
1998.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 98-11193 Filed 4-27-98; 8:45 am]
BILLING CODE 6210-01-F
