[Federal Register Volume 64, Number 122 (Friday, June 25, 1999)]
[Notices]
[Page 34257]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-16170]


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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 July 9, 1999.
    A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior 
Vice President) 33 Liberty Street, New York, New York 10045-0001:
    1. Credit Lyonnais, Paris, France; to engage de novo through its 
subsidiary, Credit Lyonnais/PK Airfinance, Senningerberg, Luxembourg, 
in asset management, servicing and collection activities, pursuant to 
Sec.  225.28(b)(2)(vi) of Regulation Y; financial and investment 
advisory activities, pursuant to Sec.  225.28(b)(6) of Regulation Y; 
and data processing activities, pursuant to Sec.  225.28(b)(14) of 
Regulation Y.
    B. Federal Reserve Bank of Chicago (Philip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. Mahaska Investment Company, Oskaloosa, Iowa; to acquire Midwest 
Bancshares, Inc., Burlington, Iowa, and thereby indirectly acquire 
Midwest Federal Savings & Loan Association, Burlington, Iowa, and 
thereby engage in operating a savings and loan association, pursuant to 
Sec.  225.28(b)(4)(ii) of Regulation Y.
    C. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager 
of Analytical Support, Consumer Regulation Group) 101 Market Street, 
San Francisco, California 94105-1579:
    1. Dai-Ichi Kangyo Bank, Limited, Tokyo, Japan; to acquire Yasuda 
Bank and Trust Company (U.S.A), Toronto, Canada, and thereby engage in 
performing functions or activities that may be performed by a trust 
company, pursuant to Sec.  225.28(b)(5) of Regulation Y.

    Board of Governors of the Federal Reserve System, June 21, 1999.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 99-16170 Filed 6-24-99; 8:45 am]
BILLING CODE 6210-01-F