[Federal Register Volume 63, Number 113 (Friday, June 12, 1998)]
[Notices]
[Page 32214]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-15637]
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FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and Mergers of Bank Holding
Companies; Correction
This notice corrects a notice (FR Doc. 98-13033) published on pages
27085-27086 of the issue for Friday, May 15, 1998.
Under the Federal Reserve Bank of New York heading, the entry for
Travelers Group, Inc., New York, New York, is revised to read as
follows:
A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior
Vice President) 33 Liberty Street, New York, New York 10045-0001:
1. Travelers Group Inc., New York, New York (Travelers), to become
a bank holding company by acquiring Citicorp, New York, New York, and
thereby indirectly acquiring Citibank, N.A., New York, New York;
Universal Bank, N.A., Columbus, Georgia; Citibank (New York State),
Perinton, New York; Citicorp Holdings, Inc., New Castle, Delaware;
Citibank Delaware, New Castle, Delaware; Citibank (Nevada), N.A., Las
Vegas, Nevada; and Citibank (South Dakota), N.A., Sioux Falls, South
Dakota. Upon consummation of the proposed transaction, Travelers would
be renamed Citigroup Inc.. Travelers also may form one or more
intermediate bank holding companies.
In connection with the proposed transaction, Travelers also has
provided notice to acquire all of the nonbank subsidiaries of Citicorp
and to engage, directly or indirectly through the nonbank subsidiaries
of Travelers and Citicorp, in a variety of nonbanking activities that
have been previously determined to be permissible for bank holding
companies.
The comment period on this application has been extended. Comments
on this application must be received by June 25, 1998.
Board of Governors of the Federal Reserve System, June 8, 1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-15637 Filed 6-11-98; 8:45 am]
BILLING CODE 6210-01-F
