[Federal Register Volume 64, Number 122 (Friday, June 25, 1999)]
[Notices]
[Page 34257]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-16170]
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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 July 9, 1999.
A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior
Vice President) 33 Liberty Street, New York, New York 10045-0001:
1. Credit Lyonnais, Paris, France; to engage de novo through its
subsidiary, Credit Lyonnais/PK Airfinance, Senningerberg, Luxembourg,
in asset management, servicing and collection activities, pursuant to
Sec. 225.28(b)(2)(vi) of Regulation Y; financial and investment
advisory activities, pursuant to Sec. 225.28(b)(6) of Regulation Y;
and data processing activities, pursuant to Sec. 225.28(b)(14) of
Regulation Y.
B. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. Mahaska Investment Company, Oskaloosa, Iowa; to acquire Midwest
Bancshares, Inc., Burlington, Iowa, and thereby indirectly acquire
Midwest Federal Savings & Loan Association, Burlington, Iowa, and
thereby engage in operating a savings and loan association, pursuant to
Sec. 225.28(b)(4)(ii) of Regulation Y.
C. 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 Yasuda
Bank and Trust Company (U.S.A), Toronto, Canada, and thereby engage in
performing functions or activities that may be performed by a trust
company, pursuant to Sec. 225.28(b)(5) of Regulation Y.
Board of Governors of the Federal Reserve System, June 21, 1999.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 99-16170 Filed 6-24-99; 8:45 am]
BILLING CODE 6210-01-F
