[Federal Register Volume 64, Number 95 (Tuesday, May 18, 1999)]
[Notices]
[Pages 26966-26967]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-12407]
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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 June 1, 1999.
A. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President)
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
1. Community Financial Group, Inc., Nashville, Tennessee; through
its subsidiary bank, The Bank of Nashville, Nashville, Tennessee, to
acquire an 80 percent joint venture interest in
[[Page 26967]]
Machinery Leasing Company of North America, Inc., Nashville, Tennessee,
and thereby engage in leasing activities, pursuant to Sec. 225.28(b)(3)
of Regulation Y. The co-venturer is Sky Masters, LLC, Nashville,
Tennessee.
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. Dai-Ichi Kangyo Bank, Limited, Tokyo, Japan; to acquire Newcourt
Credit Group, Inc., Toronto, Canada, and thereby engage in extending
credit and servicing loans, pursuant to Sec. 225.28(b)(1) of Regulation
Y; engaging in activities related to the extension of credit, pursuant
to Sec. 225.28(b)(2) of Regulation Y; leasing personal or real property
or acting as agent, broker, or adviser in leasing such property,
pursuant to Sec. 225.28(b)(3) of Regulation Y; financial and investment
advisory activities, pursuant to Sec. 225.28(b)(6) of Regulation Y; and
providing agency transactional services for customer investments,
pursuant to Sec. 225.28(b)(7) of Regulation Y.
Board of Governors of the Federal Reserve System, May 12, 1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-12407 Filed 5-17-99; 8:45 am]
BILLING CODE 6210-01-F
