Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 71420-71421 [2014-28356]

Download as PDF 71420 Federal Register / Vol. 79, No. 231 / Tuesday, December 2, 2014 / Notices First as-of date First submission date 5 Report No. Reporter description Frequency FR 2052a .......................... U.S. chartered firms with total assets <$700 billion and with assets under custody of <$10 trillion but, total assets ≥$250 billion or foreign exposure ≥$10 billion. U.S. chartered firms with total assets ≥$50 billion but, total assets <$250 billion and foreign exposure <$10 billion. FBOs with U.S. assets ≥$50 billion and U.S. brokerdealer assets ≥$100 billion. FBOs with U.S. assets ≥$50 billion and U.S. brokerdealer assets <$100 billion. U.S. BHCs (not controlled by FBOs) with total consolidated assets of between $10 billion and $50 billion. Monthly ............................ Daily ................................. 7 07/31/2015 07/01/2016 08/02/2015 07/03/2016 Monthly ............................ 01/31/2016 02/02/2016 Monthly ............................ Daily ................................. Monthly ............................ Monthly 9 .......................... Quarterly .......................... 03/31/2015 07/01/2015 01/31/2016 07/31/2016 12/31/2014 04/02/2015 07/03/2015 02/02/2016 08/02/2016 01/15/2015 FR 2052a 8 ........................ FR 2052a .......................... FR 2052a .......................... FR 2052b 10 ....................... rljohnson on DSK3VPTVN1PROD with NOTICES The parent company for those firms with less than $250 billion in total consolidated assets and with less than $10 billion of on-balance sheet foreign exposure would submit data for the following entities: The global consolidated entity and the parent only (ignoring consolidated subsidiaries). Respondents should consult their supervisory teams to determine if the parent company should also separately report any consolidated banks or nonbanks that are material contributors to the firm’s funding and liquidity operations. The parent company for those firms with $250 billion or more in total consolidated assets or $10 billion or more of on-balance sheet foreign exposure would submit data for the following entities: The global 5 For U.S. bank holidays and weekends, no positions should be reported. For data reported by entities in international locations, if there is a local bank holiday, submit data for those entities using the data from the previous business day. 6 These firms must comply with the transitions set forth in the LCR, which requires an LCR calculation monthly starting in January 2015. However, these firms do not need to report on 2052a until this reporting as-of date. 7 These firms must comply with the transitions set forth in the LCR, which requires an LCR calculation monthly starting in January 2015. However, these firms do not need to report on 2052a until this reporting as-of date. 8 The frequency of the FR 2052a monthly report may be temporarily adjusted to daily on a case-bycase basis as market conditions and supervisory needs change to carry out effective continuous liquidity monitoring. The Federal Reserve anticipates frequency adjustments to be a rare occurrence. 9 These FBOs would be required to have the ability to report on each business day. If the FBO consolidates a U.S. chartered firm that would independently have to report daily, then the FBO must report daily. The Federal Reserve would test these FBOs for their ability to report daily. 10 FR 2052b will not change for U.S. BHCs (not controlled by FBOs) with total consolidated assets of between $10 billion and $50 billion, so the frequency and as-of date will be the same as it is currently. VerDate Sep<11>2014 15:30 Dec 01, 2014 Jkt 235001 consolidated entity, the parent only (ignoring consolidated subsidiaries), and, separately, each consolidated bank and non-bank entity that is a material contributor to the firm’s funding and liquidity operations. For these firms, all bank entities with total consolidated assets of $10 billion or more would be considered material legal entities. Respondents should consult their supervisory teams to determine other material legal entities that should also be reported. FBOs with U.S. assets of $50 billion or more would report for their consolidated U.S. assets, as well as for all material entities managed within the U.S. For FBOs that own U.S. entities subject to the LCR, material entities include at least those entities subject to the LCR. Respondents should consult their supervisory teams to determine other material entities that should also be reported. Some firms that are currently filing on FR 2052b would be required to file on the updated 2052a, pursuant to the proposed schedule set forth in the transition table. The firms currently filing on FR 2052b would cease filing the 2052b once they begin filing the updated 2052a. Firms currently filing the FR 2052a would be required to file the updated 2052a, pursuant to the proposed schedule set forth in the transition table. The firms currently filing on FR 2052a would cease filing on the current 2052a once they are filing daily on the updated 2052a. Additionally, there are some firms that are not currently filing either the 2052a or 2052b, but would be required to file the updated 2052a, pursuant to the proposed schedule set forth in the transition table. Among these companies are SLHCs that are subject to the LCR and nonbank financial companies that the Financial Stability Oversight Council has determined PO 00000 Frm 00045 Fmt 4703 Sfmt 4703 under section 113 of the Dodd-Frank Act (12 U.S.C. 5323) shall be supervised by the Board and for which such determination is still in effect, where the Board has applied the requirements of the LCR to such company by rule or order. The Board consulted outside the Federal Reserve System with other U.S. regulatory authorities including the Office of the Comptroller of the Currency and Federal Deposit Insurance Corporation in the development of FR 2052a. In addition, data sharing agreements will be constituted with other U.S. regulatory agencies with supervisory responsibilities over subject institutions to monitor compliance with the LCR and to ensure there are no redundant data collections. Also, the Federal Reserve has held general discussions with financial institutions regarding the proposed revisions. Board of Governors of the Federal Reserve System, November 26, 2014. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2014–28351 Filed 12–1–14; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at E:\FR\FM\02DEN1.SGM 02DEN1 Federal Register / Vol. 79, No. 231 / Tuesday, December 2, 2014 / Notices the offices of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than December 16, 2014. A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23261–4528: 1. GCP III EVB LLC, a limited liability company; Greenhill Capital Partners III, L.P., a limited partnership; Greenhill Capital Partners (Cayman Islands) III, L.P., a limited partnership; Greenhill Capital Partners (GHL) III, L.P., a limited partnership; Greenhill Capital Partners (Employees) III, L.P., a limited partnership; GCP Managing Partner III, L.P., a limited partnership; GCP Managing Partner III GP, L.P., a limited partnership; GCP Capital Partners Holdings LLC, a limited partnership; GCP Capital Partners Holdings Inc., a corporation; GCP Capital Partners LLC, a limited partnership; Robert H. Niehaus, all of New York, New York, and Boris Gutin, Montclair, New Jersey; to acquire voting shares of Eastern Virginia Bankshares, Inc., and thereby indirectly acquire voting shares of EVB, both in Tappahannock, Virginia. Board of Governors of the Federal Reserve System, November 26, 2014. Michael J. Lewandowski, Associate Secretary of the Board. trading in a range from 0 to 1⁄4 percent. The Committee directs the Desk to undertake open market operations as necessary to maintain such conditions. The Desk is directed to conclude the current program of purchases of longerterm Treasury securities and agency mortgage-backed securities by the end of October. The Committee directs the Desk to maintain its policy of rolling over maturing Treasury securities into new issues and its policy of reinvesting principal payments on all agency debt and agency mortgage-backed securities in agency mortgage-backed securities. The Committee also directs the Desk to engage in dollar roll and coupon swap transactions as necessary to facilitate settlement of the Federal Reserve’s agency mortgage-backed securities transactions. The System Open Market Account manager and the secretary will keep the Committee informed of ongoing developments regarding the System’s balance sheet that could affect the attainment over time of the Committee’s objectives of maximum employment and price stability. rljohnson on DSK3VPTVN1PROD with NOTICES Federal Open Market Committee; Domestic Policy Directive of October 28–29, 2014 In accordance with Section 271.25 of its rules regarding availability of information (12 CFR part 271), there is set forth below the domestic policy directive issued by the Federal Open Market Committee at its meeting held on October 28–29, 2014.1 Consistent with its statutory mandate, the Federal Open Market Committee seeks monetary and financial conditions that will foster maximum employment and price stability. In particular, the Committee seeks conditions in reserve markets consistent with federal funds 1 Copies of the Minutes of the Federal Open Market Committee at its meeting held on October 28–29, 2014, which includes the domestic policy directive issued at the meeting, are available upon request to the Board of Governors of the Federal Reserve System, Washington, DC 20551. The minutes are published in the Federal Reserve Bulletin and in the Board’s Annual Report. VerDate Sep<11>2014 15:30 Dec 01, 2014 Jkt 235001 Board of Governors of the Federal Reserve System, November 26, 2014. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2014–28357 Filed 12–1–14; 8:45 am] BILLING CODE 6210–01–P FEDERAL TRADE COMMISSION [File No. 122 3252] Deutsch LA, Inc.; Analysis of Proposed Consent Order To Aid Public Comment [FR Doc. 2014–28302 Filed 12–1–14; 8:45 am] ACTION: BILLING CODE 6210–01–P The consent agreement in this matter settles alleged violations of federal law prohibiting deceptive acts or practices. The attached Analysis of Proposed Consent Order to Aid Public Comment describes both the allegations in the draft complaint and the terms of the consent order—embodied in the consent agreement—that would settle these allegations. DATES: Comments must be received on or before December 29, 2014. ADDRESSES: Interested parties may file a comment at https:// ftcpublic.commentworks.com/ftc/ deutschlaconsent online or on paper, by following the instructions in the Request for Comment part of the SUPPLEMENTARY INFORMATION section below. Write ‘‘Deutsch LA, Inc.— Consent Agreement; File No. 122 3252’’ on your comment and file your comment online at https:// ftcpublic.commentworks.com/ftc/ deutschlaconsent by following the instructions on the web-based form. If you prefer to file your comment on paper, write ‘‘Deutsch LA, Inc.— Consent Agreement; File No. 122 3252’’ on your comment and on the envelope, and mail your comment to the following address: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Avenue NW., Suite CC– FEDERAL RESERVE SYSTEM 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. PO 00000 Frm 00046 Fmt 4703 Federal Trade Commission. Proposed consent agreement. AGENCY: SUMMARY: Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities FEDERAL RESERVE SYSTEM 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 December 26, 2014. A. Federal Reserve Bank of Cleveland (Nadine Wallman, Vice President) 1455 East Sixth Street, Cleveland, Ohio 44101–2566: 1. WesBanco, Inc., Wheeling, West Virginia; to acquire 100 percent of the voting shares of ESB Financial Corporation, and indirectly acquire ESB Bank, both in Ellwood City, Pennsylvania, and thereby engage in operating a savings association, pursuant to section 224.28(b)(4)(ii). By order of the Federal Open Market Committee, November 20, 2014. William B. English, Secretary, Federal Open Market Committee. [FR Doc. 2014–28356 Filed 12–1–14; 8:45 am] BILLING CODE 6210–01–P 71421 Sfmt 4703 E:\FR\FM\02DEN1.SGM 02DEN1

Agencies

[Federal Register Volume 79, Number 231 (Tuesday, December 2, 2014)]
[Notices]
[Pages 71420-71421]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-28356]


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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of a Bank 
or Bank Holding Company

    The notificants listed below have applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank 
holding company. The factors that are considered in acting on the 
notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. The notices also will be available for 
inspection at

[[Page 71421]]

the offices of the Board of Governors. Interested persons may express 
their views in writing to the Reserve Bank indicated for that notice or 
to the offices of the Board of Governors. Comments must be received not 
later than December 16, 2014.
    A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. GCP III EVB LLC, a limited liability company; Greenhill Capital 
Partners III, L.P., a limited partnership; Greenhill Capital Partners 
(Cayman Islands) III, L.P., a limited partnership; Greenhill Capital 
Partners (GHL) III, L.P., a limited partnership; Greenhill Capital 
Partners (Employees) III, L.P., a limited partnership; GCP Managing 
Partner III, L.P., a limited partnership; GCP Managing Partner III GP, 
L.P., a limited partnership; GCP Capital Partners Holdings LLC, a 
limited partnership; GCP Capital Partners Holdings Inc., a corporation; 
GCP Capital Partners LLC, a limited partnership; Robert H. Niehaus, all 
of New York, New York, and Boris Gutin, Montclair, New Jersey; to 
acquire voting shares of Eastern Virginia Bankshares, Inc., and thereby 
indirectly acquire voting shares of EVB, both in Tappahannock, 
Virginia.

    Board of Governors of the Federal Reserve System, November 26, 
2014.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2014-28356 Filed 12-1-14; 8:45 am]
BILLING CODE 6210-01-P
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