[Federal Register Volume 63, Number 145 (Wednesday, July 29, 1998)]
[Notices]
[Page 40527]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-20180]
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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. 98-15776) published on pages
32661-32662 of the issue for Monday, June 15, 1998.
Under the Federal Reserve Bank of Chicago heading, the entry for
Banc One Corporation and Banc One Corporation (DE), both of Columbus,
Ohio, is revised to read as follows:
A. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. Banc One Corporation (``Banc One'') and Banc One Corporation
(DE) (``Banc One DE'') both of Columbus, Ohio; to merge with First
Chicago NBD Corporation, Chicago, Illinois (``FCNBD''), and thereby
acquire all of FCNBD's subsidiary banks: American National Bank and
Trust Company, Chicago, Illinois; FCC National Bank, Wilmington,
Delaware; NBD Bank, Detroit, Michigan; NBD Bank, NA, Indianapolis,
Indiana; First National Bank of Chicago, Chicago, Illinois; NBD Bank,
Venice, Florida; and NBD Bank, Elkhart, Indiana. Banc One and Banc One
DE also have requested the Board's approval to hold and exercise
options to purchase up to 19.9 percent of the voting shares of FCNBD,
if certain events occur. Banc One and Banc One DE may form one or more
intermediate bank holding companies.
In connection with the proposed transaction, Banc One and Banc One
DE also have provided notice to acquire all of the nonbanking
subsidiaries of FCNBD and to engage, directly or indirectly, in all of
the nonbanking activities that FCNBD is currently authorized by the
Board to conduct. The nonbanking activities, and the subsidiaries of
FCNBD engaged in these activities, are described in the notice filed by
Banc One and Banc One DE with the Board.
Banc One and Banc One DE also would continue to engage in all of
the nonbanking activities in which Banc One is currently authorized by
the Board to conduct. The nonbanking activities and the companies
conducting these activities are described in the notice filed with the
Board.
The comment period on this application has been extended until
August 13, 1998.
Board of Governors of the Federal Reserve System, July 23, 1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-20180 Filed 7-28-98; 8:45 am]
BILLING CODE 6210-01-F
