85 FR 210 pg. 68579 - Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

Type: NOTICEVolume: 85Number: 210Page: 68579
FR document: [FR Doc. 2020–23930 Filed 10–28–20; 8:45 am]
Agency: Federal Reserve System
Official PDF Version:  PDF Version
Page: 68579

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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 applied to the Board for approval, pursuant to the Home Owners' Loan Act (12 U.S.C. 1461 et seq. ) (HOLA), Regulation LL (12 CFR part 238), and Regulation MM (12 CFR part 239), and all other applicable statutes and regulations to become a savings and loan holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a savings association.

The public portions of the applications listed below, as well as other related filings required by the Board, if any, are available for immediate inspection at the Federal Reserve Bank(s) indicated below and at the offices of the Board of Governors. This information may also be obtained on an expedited basis, upon request, by contacting the appropriate Federal Reserve Bank and from the Board's Freedom of Information Office at https://www.federalreserve.gov/foia/request.htm. Interested persons may express their views in writing on whether the proposed transaction complies with the standards enumerated in the HOLA (12 U.S.C. 1467a(e)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 10(c)(4)(B) of the HOLA (12 U.S.C. 1467a(c)(4)(B)). Unless otherwise noted, nonbanking activities will be conducted throughout the United States.

Comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors, Ann E. Misback, Secretary of the Board, 20th Street and Constitution Avenue NW, Washington, DC 20551-0001, not later than November 13, 2020.

A. Federal Reserve Bank of Minneapolis (Chris P. Wangen, Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:

1. Ameriprise Financial, Inc., Minneapolis, Minnesota, to engage, through its subsidiaries Threadneedle Asset Management Holdings Limited; Threadneedle Portfolio Services Limited; Threadneedle Property Investments Limited, all of London, United Kingdom; Threadneedle Investments (Channel Islands) Limited, St. Helier, Jersey; and Lionstone Partners, LLC, Houston, Texas; in real estate activities permissible under sections 238.53(b)(4)-(b)(8) of Regulation LL.

Board of Governors of the Federal Reserve System, October 23, 2020.

Yao-Chin Chao,

Assistant Secretary of the Board.

[FR Doc. 2020-23930 Filed 10-28-20; 8:45 am]

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