[Federal Register Volume 71, Number 130 (Friday, July 7, 2006)]
[Notices]
[Pages 38644-38645]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-10626]


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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. [thinsp]225.28 of Regulation Y (12 CFR 225.28) or that the Board 
has

[[Page 38645]]

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 July 25, 2006.

    A. Federal Reserve Bank of New York (Anne McEwen, Financial 
Specialist) 33 Liberty Street, New York, New York 10045-0001:
    1. NRW.Bank Duesseldorf, and WestLB Beteiligungsholding GmbH 
Duesseldorf, both of Duesseldorf, Germany; to engage through its 
subsidiaries NY Credit Real Estate GP LLC, New York, NY; New York 
Credit Real Estate Fund, L.P., New York, NY; New York Credit Advisors 
LLC, New York, NY; and BOA Lending L.L.P., Las Vegas, NV, in extending 
credit and servicing loans and acting as a financial or investment 
advisor, through a joint venture, pursuant to section 225.28(b)(1) and 
225.28(b)(6) of Regulation Y.

    Board of Governors of the Federal Reserve System, July 3, 2006.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E6-10626 Filed 7-6-06; 8:45 am]
BILLING CODE 6210-01-S