[Federal Register Volume 67, Number 169 (Friday, August 30, 2002)]
[Notices]
[Pages 55843-55844]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-22203]


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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 September 23, 2002.
    A. Federal Reserve Bank of Chicago (Phillip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Merchants & Manufacturers Bancorporation, Inc., New Berlin, 
Wisconsin, and Merchants Merger Corp., New Berlin, Wisconsin; to merge 
with Fortress Bancshares, Inc., Westby, Wisconsin, and thereby 
indirectly acquire Fortress Bank of Westby, Westby, Wisconsin; Fortress 
Bank, National Association, Houston, Minnesota; and Fortress Bank of 
Cresco, Cresco, Iowa.

[[Page 55844]]

    B. Federal Reserve Bank of San Francisco (Maria Villanueva, 
Consumer Regulation Group) 101 Market Street, San Francisco, California 
94105-1579:
    1. Sumitomo Mitsui Financial Group, Inc., Tokyo, Japan; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Manufacturers Bank, Los Angeles, California.
    In connection with this application, applicant also has applied to 
acquire SMBC Capital Markets, Inc., New York, New York, and thereby 
engage in lending activities, pursuant to Sec.  225.28(b)(1) of 
Regulation Y; acting as a financial or investment advisor, pursuant to 
Sec.  225.28(b)(6) of Regulation Y; engaging in transactional services 
for customers, pursuant to Sec.  225.28(b)(7)(v) of Regulation Y; and 
engaging in investing and trading activities, pursuant to Secs.  
225.28(b)(8)(ii)(A), (b)(8)(ii)(B); and (b)(8)(ii)(C) of Regulation Y; 
SMBC Leasing and Finance, Inc., New York, New York, and thereby engage 
in leasing activities, pursuant to Sec.  225.28(b)(3) of Regulation Y; 
SMBC Securities, Inc., New York, New York, and thereby engage in agency 
transactional services for customers, pursuant to Secs.  
225.28(b)(7)(i), (b)(7)(ii), (b)(7)(iii), and (b)(7)(v) of Regulation 
Y; Daiwa SB Investments (USA), Ltd., New York, New York, and thereby 
engage in lending and related activities; financial advisory 
activities; and investment activities as principal, pursuant to Secs.  
225.28(b)(2)(vi), (b)(6)(i), and (b)(8)(i) of Regulation Y; and JRI 
America, Inc., New York, New York, and thereby engage in data 
processing activities, pursuant to Secs.  225.28(b)(14)(i) and 
(b)(14)(ii) of Regulation Y.

    Board of Governors of the Federal Reserve System, August 26, 
2002.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 02-22203 Filed 8-29-02; 8:45 am]
BILLING CODE 6210-01-S