[Federal Register Volume 60, Number 227 (Monday, November 27, 1995)]
[Notices]
[Pages 58360-58361]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-28821]



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[[Page 58361]]


FEDERAL RESERVE SYSTEM


Grupo Financiero Banamex Accival, S.A. de C.V.; Acquisitions of 
Shares of Banks or Bank Holding Companies; Correction

    This notice corrects a notice (FR Doc. 94-467) published on pages 
1400 and 1401 of the issue for Monday, January 10, 1994.
    Under the Federal Reserve Bank of San Francisco heading, the entry 
for Grupo Financiero Banamex Accival, S.A. de C.V., is revised to read 
as follows:
    1. Grupo Financiero Banamex Accival, S.A., de C.V., Mexico, D.F., 
Mexico; to become a bank holding company by acquiring 100 percent of 
the voting shares of Banco Nacional de Mexico, S.A., Mexico, D.F., 
Mexico, and thereby indirectly acquire Banamex US Bancorp, Los Angeles, 
California.
    In connection with this application, Applicant proposes to acquire 
ACCI Securities, Inc., New York, New York, and thereby engage in full 
service securities brokerage activities, pursuant to Secs.  
225.25(b)(4) and (b)(15) of the Board's Regulation Y. Applicant also 
proposes to engage in the following activities which the Board 
previously has determined by order to be closely related to banking: 
(1) acting as agent in the private placement of all types of 
securities; and (2) acting as a riskless principal in the purchase and 
sale of all types of securities on the order of investors. Applicant 
has stated that it will conduct the proposed activities within the 
limitations and prudential guidelines established by the Board in its 
previous orders. See Bank of Nova Scotia, 76 Federal Reserve Bulletin 
545 (1990); J.P. Morgan & Co., Incorporated, 76 Fed. Res. Bull. 26 
(1990); Bankers Trust New York Corporation, 75 Fed. Res. Bull. 829 
(1989).
    Comments on this application must be received by December 2, 1995.

    Board of Governors of the Federal Reserve System, November 20, 
1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-28821 Filed 11-24-95; 8:45 am]
BILLING CODE 6210-01-F