[Federal Register: July 6, 2005 (Volume 70, Number 128)]
[Notices]
[Page 38931]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr06jy05-108]
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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. Additional information on all
bank holding companies may be obtained from the National Information
Center website at http://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 21, 2005.
A. Federal Reserve Bank of New York (Jay Bernstein, Bank
Supervision Officer) 33 Liberty Street, New York, New York 10045-0001:
1. Fubon Financial Holding Co., Ltd., Taipei, Taiwan; to acquire
Fubon Securities USA LLC, Pasadena, California, and thereby indirectly
acquire Fubon Asset Management USA, LLC, Arcadia, California, and
engage in limited securities activities, pursuant to sections
225.28(b)(6), (b)(7)(i), (b)(7)(ii), (b)(7)(iii), (b)(7)(v), and
(b)(8)(i) of Regulation Y.
B. Federal Reserve Bank of St. Louis (Glenda Wilson, Community
Affairs Officer) 411 Locust Street, St. Louis, Missouri 63166-2034:
1. German American Bancorp, Jasper, Indiana; to engage de novo
through its subsidiary, German American Reinsurance Company, Ltd.,
Phoenix, Arizona, in reinsuring credit life and credit disability
insurance, pursuant to section 225.28(b)(11)(i) of Regulation Y.
Board of Governors of the Federal Reserve System, June 29, 2005.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc.05-13211 Filed 7-5-05; 8:45 am]
BILLING CODE 6210-01-S