[Federal Register Volume 63, Number 211 (Monday, November 2, 1998)]
[Notices]
[Page 58740]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-29195]


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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 November 16, 1998.
    A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior 
Vice President) 33 Liberty Street, New York, New York 10045-0001:
    1. Deutsche Bank AG, Frankfurt (Main), Federal Republic of Germany; 
to acquire through its subsidiary, German American Capital Corporation, 
New York, New York, up to 100 percent of the voting shares of Boullioun 
Aircraft Services, Inc., Bellevue, Washington, and thereby indirectly 
engage in leasing, pursuant to Sec.  225.28(b)(3) of Regulation Y; in 
furnishing general economic information and advice, pursuant to Sec.  
225.28(b)(3) of Regulation Y; in making, acquiring, brokering, or 
servicing loans, pursuant to Sec.  225.28(b)(1) of Regulation Y; in 
collection of assets, pursuant to Sec.  225.28(b)(2) of Regulation Y; 
and in certain asset management and financial advisory services, 
permissible by the by previous Board order. See, The Dai-Ichi Kangyo 
Bank, Ltd., 79 Fed. Res. Bull. 131 (1993).

    Board of Governors of the Federal Reserve System, October 27, 
1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-29195 Filed 10-30-98; 8:45 am]
BILLING CODE 6210-01-F