Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

Federal Register, Volume 81 Issue 28 (Thursday, February 11, 2016)

Federal Register Volume 81, Number 28 (Thursday, February 11, 2016)

Notices

Page 7341

From the Federal Register Online via the Government Publishing Office www.gpo.gov

FR Doc No: 2016-02781

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FEDERAL RESERVE SYSTEM

Notice of Proposals To Engage in or To Acquire Companies 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.

Unless otherwise noted, comments regarding the notices must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than February 26, 2016.

1. Federal Reserve Bank of New York (Ivan Hurwitz, Vice President) 33 Liberty Street, New York, New York 10045-0001. Comments can also be sent electronically to Comments.applications@ny.frb.org:

1. Sumitomo Mitsui Trust Holdings, Inc., and Sumitomo Mitsui Trust Bank, Limited, both in Tokyo, Japan; to acquire 50 percent of the voting shares of Marubeni Rail Transport, Inc., Wilmington, Delaware, and indirectly acquire voting shares of Midwest Railcar Corporation, Maryville, Illinois, and thereby engage in personal property leasing, incidental fleet management, and consulting activities, pursuant to sections 225.28(b)(3) and 225.28(b)(9).

Board of Governors of the Federal Reserve System, February 8, 2016.

Michael J. Lewandowski,

Associate Secretary of the Board.

FR Doc. 2016-02781 Filed 2-10-16; 8:45 am

BILLING CODE 6210-01-P