[Federal Register Volume 63, Number 224 (Friday, November 20, 1998)] [Notices] [Page 64511] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 98-31018] ----------------------------------------------------------------------- FEDERAL RESERVE SYSTEM Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities; Correction This notice corrects a notice (FR Doc. 98-30096) published on page 63055 of the issue for Tuesday, November 10, 1998. Under the Federal Reserve Bank of Minneapolis heading, the entry for U.S. Bancorp, Minneapolis, Minnesota, is revised to read as follows: A. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen, Assistant Vice President) 90 Hennepin Avenue, P.O. Box 291, Minneapolis, Minnesota 55480-0291: 1. U.S. Bancorp, Minneapolis, Minnesota; to acquire Libra Investments, Inc., Los Angeles, California, through this acquisition, U.S. Bancorp will acquire an equity interest in Libra Investors, LLC, LFM, LLC, Libra Investors II, LLC, and LFC, LLC, all of Los Angeles, California, and thereby engage in underwriting and dealing in, to a limited extent, all types of debt and equity securities other than open-end investment companies. J.P. Morgan & Co., Incorporated, 75 Fed. Res. Bull. 192 (1989). Engaging in financial advisory activities pursuant to Sec. 225.28(b)(6) of Regulation Y; providing agency transactional services for customer investments, pursuant to Sec. 225.28(b)(7) of Regulation Y; acting directly or indirectly through subsidiaries or affiliates, as general partner for a series of limited partnerships and limited liability companies now existing or to be established in the future, that are excluded from the definition of ``investment company'' under the Investment Company Act of 1940 and are exempt from registration and the prospectus requirements of the Securities Act of 1933, which may invest in securities or other assets eligible for investment by U.S. Bancorp and may make, service and invest in discounted bank loans and other debt securities (other than discounted debt securities collateralized by shares of banks and bank holding companies), including secured and unsecured debt in the form of bank loans, privately placed and publicly-traded debt instruments, bonds, notes, debentures and discounted receivables. Dresdner Bank AG, 84 Fed. Res. Bull. 361 (1998); Letter to Swiss Bank Corporation from the Federal Reserve Bank of New York (March 28, 1995); Meridian Bancorp, Inc., 80 Fed. Res. Bull. 736 (1991). Comments on this application must be received by November 24, 1998. Board of Governors of the Federal Reserve System, November 16, 1998. Robert deV. Frierson, Associate Secretary of the Board. [FR Doc. 98-31018 Filed 11-9-8; 8:45 am] BILLING CODE 6210-1-