78 FR 172 pg. 54648 - Notice of Proposals to Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

Type: NOTICEVolume: 78Number: 172Page: 54648
FR document: [FR Doc. 2013-21576 Filed 9-4-13; 8:45 am]
Agency: Federal Reserve System
Official PDF Version:  PDF Version
Page: 54648

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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 § 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 applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than September 30, 2013.

A. Federal Reserve Bank of San Francisco (Gerald C. Tsai, Director, Applications and Enforcement) 101 Market Street, San Francisco, California 94105-1579:

1. PacWest Bancorp, Los Angeles, California, CapGen Capital Group II LLC, CapGen Capital Group II LP, both of New York, New York; to acquire CapitalSource, Inc., Chevy Chase, Maryland, and indirectly acquire CapitalSource Bank, Los Angeles, California, and thereby engage in operating a nonbank depository institution, pursuant to section 225.22(b)(4).

Board of Governors of the Federal Reserve System, August 30, 2013.

Michael J. Lewandowski,

Associate Secretary of the Board.

[FR Doc. 2013-21576 Filed 9-4-13; 8:45 am]

BILLING CODE 6210-01-P