[Federal Register Volume 63, Number 113 (Friday, June 12, 1998)]
[Notices]
[Page 32214]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-15637]


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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. 98-13033) published on pages 
27085-27086 of the issue for Friday, May 15, 1998.
    Under the Federal Reserve Bank of New York heading, the entry for 
Travelers Group, Inc., New York, New York, is revised to read as 
follows:
    A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior 
Vice President) 33 Liberty Street, New York, New York 10045-0001:
    1. Travelers Group Inc., New York, New York (Travelers), to become 
a bank holding company by acquiring Citicorp, New York, New York, and 
thereby indirectly acquiring Citibank, N.A., New York, New York; 
Universal Bank, N.A., Columbus, Georgia; Citibank (New York State), 
Perinton, New York; Citicorp Holdings, Inc., New Castle, Delaware; 
Citibank Delaware, New Castle, Delaware; Citibank (Nevada), N.A., Las 
Vegas, Nevada; and Citibank (South Dakota), N.A., Sioux Falls, South 
Dakota. Upon consummation of the proposed transaction, Travelers would 
be renamed Citigroup Inc.. Travelers also may form one or more 
intermediate bank holding companies.
    In connection with the proposed transaction, Travelers also has 
provided notice to acquire all of the nonbank subsidiaries of Citicorp 
and to engage, directly or indirectly through the nonbank subsidiaries 
of Travelers and Citicorp, in a variety of nonbanking activities that 
have been previously determined to be permissible for bank holding 
companies.
    The comment period on this application has been extended. Comments 
on this application must be received by June 25, 1998.

    Board of Governors of the Federal Reserve System, June 8, 1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-15637 Filed 6-11-98; 8:45 am]
BILLING CODE 6210-01-F