[Federal Register: August 23, 2007 (Volume 72, Number 163)]
[Notices]               
[Page 48286]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr23au07-61]                         

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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. [thinsp]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 Web site at http://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 September 7, 2007.
    A. Federal Reserve Bank of San Francisco (Tracy Basinger, Director, 
Regional and Community Bank Group) 101 Market Street, San Francisco, 
California 94105-1579:
    1. Mitsubishi UFJ Financial Group, Inc., and The Bank of Tokyo-
Mitsubishi UFJ, Ltd., both of Tokyo, Japan; to acquire up to 12 percent 
of the voting shares of Visa, Inc., San Francisco, California, and 
thereby indirectly engage in the operation of electronic funds transfer 
systems; the operation of authorization, clearing, and settlement 
systems; and data processing, pursuant to section 225.28(b)(14) of 
Regulation Y.

    Board of Governors of the Federal Reserve System, August 20, 
2007.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc.E7-16678 Filed 8-22-07; 8:45 am]

BILLING CODE 6210-01-S