[Federal Register Volume 64, Number 166 (Friday, August 27, 1999)]
[Notices]
[Page 46916]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-22282]
-----------------------------------------------------------------------
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 September 10, 1999.
A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior
Vice President) 33 Liberty Street, New York, New York 10045-0001:
1. J.P. Morgan & Co. Incorporated, New York, New York; to acquire
up to approximately 25 percent of the voting shares of TP Group
Limited, Grand Cayman, Cayman Islands, and thereby indirectly acquire
additional voting shares in its subsidiary, Tradepoint Financial
Networks plc, London, United Kingdom, and thereby engage in securities
brokerage services and other agency transactional services for customer
investments, pursuant to Sec. 225.28(b)(7) of Regulation Y.
B. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. GreatBanc Inc., Aurora, Illinois; to acquire ANB Financial
Services, Inc., Aurora, Illinois, and thereby engage in making,
acquiring, brokering and servicing loans, pursuant to Sec.
225.28(b)(1) of Regulation Y.
Board of Governors of the Federal Reserve System, August 23,
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-22282 Filed 8-26-99; 8:45 am]
BILLING CODE 6210-01-F