[Federal Register Volume 60, Number 9 (Friday, January 13, 1995)]
[Notices]
[Page 3235]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-901]
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FEDERAL RESERVE SYSTEM
National Westminster Bank PLC.; Acquisitions of Companies Engaged
in Permissible Nonbanking Activities
The organizations listed in this notice have applied under
Sec. 225.23(a)(2) or (f) of the Board's Regulation Y (12 CFR
225.23(a)(2) or (f)) for the Board's approval under section 4(c)(8) of
the Bank Holding Company Act (12 U.S.C. 1843(c)(8)) and Sec. 225.21(a)
of Regulation Y (12 CFR 225.21(a)) to acquire or control voting
securities or assets of a company engaged in a nonbanking activity that
is listed in Sec. 225.25 of Regulation Y as closely related to banking
and permissible for bank holding companies. Unless otherwise noted,
such activities will be conducted throughout the United States.
Each application is available for immediate inspection at the
Federal Reserve Bank indicated. Once the application has been accepted
for processing, it will also be available for inspection at the offices
of the Board of Governors. Interested persons may express their views
in writing on the question whether consummation of the proposal can
``reasonably be expected to produce benefits to the public, such as
greater convenience, increased competition, or gains in efficiency,
that outweigh possible adverse effects, such as undue concentration of
resources, decreased or unfair competition, conflicts of interests, or
unsound banking practices.'' Any request for a hearing on this question
must be accompanied by a statement of the reasons a written
presentation would not suffice in lieu of a hearing, identifying
specifically any questions of fact that are in dispute, summarizing the
evidence that would be presented at a hearing, and indicating how the
party commenting would be aggrieved by approval of the proposal.
Unless otherwise noted, comments regarding each of these
applications must be received at the Reserve Bank indicated for the
application or the offices of the Board of Governors not later than
January 27, 1995.
A. Federal Reserve Bank of New York (William L. Rutledge, Senior
Vice President) 33 Liberty Street, New York, New York 10045:
1. National Westminster Bank PLC, London, England, and NatWest
Holdings, New York, New York; to acquire BRS Capital Management, Inc.,
Boston, Massachusetts, and thereby engage in investment advisory
activities, pursuant to Sec. 225.25(b)(4) of the Board's Regulation Y.
A. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice
President) 925 Grand Avenue, Kansas City, Missouri 64198:
1. First National of Nebraska, Inc., Omaha, Nebraska; to acquire
Platte Valley Finance Company, North Platte, Nebraska, and thereby
engage in consumer finance lending, pursuant to Sec. 225.25(b)(1) of
the Board's Regulation Y, and credit insurance activities pursuant to
Sec. 225.25(25(b)(8)(i) of the Board's Regulation Y.
Board of Governors of the Federal Reserve System, January 9,
1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-901 Filed 1-12-95; 8:45 am]
BILLING CODE 6210-01-F