[Federal Register Volume 60, Number 245 (Thursday, December 21, 1995)]
[Notices]
[Page 66275]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-30992]



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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 the notices (FR Doc. 94-467 and FR Doc. 95-
28824) published on pages 1400 and 1401 of the issue for Monday, 
January 10, 1994, and on page 58361 of the issue for Monday, November 
27, 1995.
    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 City, 
Mexico; to become a bank holding company by acquiring 100 percent of 
the voting shares of Banco Nacional de Mexico, S.A., Mexico City, 
Mexico, and thereby indirectly acquire 100 percent of the voting shares 
of California Commerce Bank, 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 Fed. Res. Bull. 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 January 19, 1996.

    Board of Governors of the Federal Reserve System, December 15, 
1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-30992 Filed 12-20-95; 8:45 am]
BILLING CODE 6210-01-F