[Federal Register Volume 63, Number 124 (Monday, June 29, 1998)]
[Notices]
[Page 35231]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-17253]
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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. 98-13790) published on pages
28385-28386 of the issue for Friday, May 22, 1998.
Under the Federal Reserve Bank of Richmond heading, the entry for
NationsBank Corporation and NationsBank (DE) Corporation, both in
Charlotte, North Carolina (collectively NationsBank), is revised to
read as follows:
A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
1. NationsBank Corporation and NationsBank (DE) Corporation, both
in Charlotte, North Carolina (collectively, NationsBank); to merge with
BankAmerica Corporation, San Francisco, California (BankAmerica), and
thereby acquire the following bank subsidiaries of BankAmerica: Bank of
America National Trust and Savings Association, San Francisco,
California; Bank of America Texas, National Association, Dallas, Texas;
Bank of America National Association, Phoenix, Arizona; and Bank of
America Community Development Bank, Walnut Creek, California. On
consummation of the proposed transaction, NationsBank would be renamed
BankAmerica Corporation. NationsBank may form one or more intermediate
bank holding companies.
In connection with the proposed transaction, NationsBank has
provided notice to acquire all of the nonbank subsidiaries of
BankAmerica and to engage, directly or indirectly through such nonbank
subsidiaries, in a variety of nonbanking activities that previously
have been determined to be permissible for bank holding companies.
NationsBank also would continue to control all of its existing bank and
nonbank subsidiaries.
The comment period on this application has been extended. Comments
on this application must be received by July 9, 1998.
Board of Governors of the Federal Reserve System, June 24, 1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-17253 Filed 6-26-98; 8:45 am]
BILLING CODE 6210-01-F
