[Federal Register Volume 65, Number 71 (Wednesday, April 12, 2000)]
[Notices]
[Page 19766]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-9055]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other 
applicable statutes and regulations to become a bank holding company 
and/or to acquire the assets or the ownership of, control of, or the 
power to vote shares of a bank or bank holding company and all of the 
banks and nonbanking companies owned by the bank holding company, 
including the companies listed below.
    The applications listed below, as well as other related filings 
required by the Board, are available for immediate inspection at the 
Federal Reserve Bank indicated. The application also will be available 
for inspection at the offices of the Board of Governors. Interested 
persons may express their views in writing on the standards enumerated 
in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the 
acquisition of a nonbanking company, the review also includes whether 
the acquisition of the nonbanking company complies with the standards 
in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, 
nonbanking activities will be conducted throughout the United States. 
Additional information on all bank holding companies may be obtained 
from the National Information Center website at www.ffiec.gov/nic/.
    Unless otherwise noted, comments regarding each of these 
applications must be received at the Reserve Bank indicated or the 
offices of the Board of Governors not later than May 5, 2000.
    A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior 
Vice President) 33 Liberty Street, New York, New York 10045-0001:
    1. The Dai-Ichi Kangyo Fuji Trust & Banking Co., Ltd., Tokyo, 
Japan; to acquire 100 percent of the voting shares of DKF Trust Company 
(USA), New York, New York.
    2. Mizuho Holdings, Inc., Tokyo, Japan; to become a bank holding 
company by acquiring 100 percent of the voting shares of The Dai-Ichi 
Kangyo Bank of California, Los Angeles, California; The Fuji Bank and 
Trust Company, New York, New York; The Industrial Bank of Japan Trust 
Company, New York, New York; IBJ Whitehall Bank & Trust Company, New 
York, New York; and DKF Trust Company, (USA) New York, New York. Upon 
conversion to a ``bank'' as defined by the Bank Holding Company Act.
    In connection with this proposal, Mizuho Holdings, Inc., Tokyo, 
Japan has applied to acquire a variety of nonbanking activities in the 
United States performed by subsidiaries of The Dai-Ichi Kangyo Bank, 
Limited, The Fuji Bank, Limited, The Industrial Bank of Japan, Limited, 
all located in Tokyo, Japan, including companies that engage in, 
including lending activities pursuant to section 225.28(b)(1) and 
(b)(2) of Regulation Y; leasing activities, pursuant to section 
225.28(b)(3), trust services, pursuant to section 225.28(b)(5), 
providing investment advice, pursuant to 225.28(b)(6), data processing 
pursuant to 225.28(b)(14); and securities activities pursuant to 
225.28(b)(8) of Regulation Y. These nonbanking activities and companies 
are described in the notice filed with the Federal Reserve Bank of New 
York. Mizuho Holding, Inc., also proposes to engage de novo indirectly 
in industrial loan company activities, pursuant to Section 225.28(b)(4) 
of Regulation Y.
    B. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. SouthernBank Holdings, Inc., Buford, Georgia; to become a bank 
holding company by acquiring 100 percent of the voting shares of 
SouthernBank, N.A. (in organization), Buford, Georgia.

    Board of Governors of the Federal Reserve System, April 6, 2000.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 00-9055 Filed 4-11-00; 8:45 am]
BILLING CODE 6210-01-P