[Federal Register Volume 68, Number 228 (Wednesday, November 26, 2003)]
[Notices]
[Pages 66435-66436]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-29469]


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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

[[Page 66436]]

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. 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 the applications must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than December 9, 2003.
    A. Federal Reserve Bank of New York (Jay Bernstein, Bank 
Supervision Officer) 33 Liberty Street, New York, New York 10045-0001:
    1. Bayerische Hypo- und Vereinsbank AG, and Munchener 
Ruckversicherungs-Gesellschaft AG, both of Munich, Germany; to acquire 
through Indentrus, LLC, eFinance Corporation, San Francisco, 
California,and thereby engage in credit bureau services, including 
maintaining customers' credit history and providing that information to 
credit grantors, pursuant to section 225.28(b)(2)(v) of Regulation Y; 
furnishing general economic information and advice, general economic 
statistical forecasting services or industry studies, pursuant to 
section 225.28(6)(ii) of Regulation Y; and in management consulting 
services, pursuant to section 225.28(b)(9) of Regulation Y.

    Board of Governors of the Federal Reserve System, November 19, 
2003.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc.03-29469 Filed 11-25-03; 8:45 am]
BILLING CODE 6210-01-S