[Federal Register Volume 65, Number 237 (Friday, December 8, 2000)]
[Notices]
[Page 77030]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-31282]


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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 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 22, 2000.
    A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior 
Vice President) 33 Liberty Street, New York, New York 10045-0001:
    1. Bayerische Hypo- und Vereinsbank AG, Munich, Germany; to acquire 
Bank Austria Securities, Inc., New York, New York; and thereby 
indirectly acquire CAIB Securities (New York) Inc., New York, New York; 
Creditanstalt International Asset Management, Inc., New York, New York; 
Bank Austria Creditanstalt Corporate Finance, Inc., Greenwich, 
Connecticut; Bank Austria Commercial Paper, LLC, Greenwich, 
Connecticut; Bank Austria Creditanstalt Community Development, Inc., 
Greenwich, Connecticut; Bank Austria Creditanstalt Holdings Corporation 
(Railcar Leasing), Greenwich, Connecticut; Bank Austria Creditanstalt 
Equipment Leasing, Inc., Greenwich, Connecticut; and Bank Austria 
Creditanstalt Property Corporation (Leasing), Greenwich, Connecticut, 
and thereby engage in corporate finance and commercial lending 
activities, pursuant to Sec.  225.28(b)(1) of Regulation Y; investment 
advisory activities, pursuant to Sec.  225.28(b)(6) of Regulation Y; 
securities brokerage, private placement and riskless principal 
activities, pursuant to Sec.  225.28(b)(7) of Regulation Y; community 
development activities, pursuant to Sec.  225.28(b)(12) of Regulation 
Y; and in equipment leasing activities, pursuant to Sec.  225.28(b)(3) 
of Regulation Y. These activities will be conducted worldwide.

Board of Governors of the Federal Reserve System, December 4, 2000.
Robert deV. Frierson
Associate Secretary of the Board.
[FR Doc. 00-31282 Filed 12-7-00; 8:45 am]
BILLING CODE 6210-01-S