It is anticipated that a meeting of the Board of Governors of the Federal Reserve System on Monday, July 16, 2001, will be held under expedited procedures, as set forth in section 26lb.7 of the Board's Rules Regarding Public Observation of Meetings, at the Board's offices at 20th Street and C Streets, N.W., Washington, D.C. The following items of official Board business are tentatively scheduled to be considered at that meeting.
Meeting date: July 16, 2001
Matters to be Considered: |
1. |
Application by Citigroup, Inc., Citigroup Holdings Company, and Citicorp , all in New York, New York, to acquire Grupo Financiero Banamex, Accival, S.A., de C.V., Mexico City, Mexico, and thereby indirectly acquire Banamex USA Bancorp and its subsidiary, California Commerce Bank, both in Los Angeles, California.
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A final announcement of matters considered under expedited procedures will be available in the Board's Freedom of Information and Public Affairs Offices and on the Board's Web site following the closed meeting.
Contact Person for More Information: Michelle A. Smith, Assistant to the Board;
202-452-3204.
Supplementary Information: You may call 202-452-3206 beginning at approximately 5 p.m. two business days before this meeting for a recorded announcement of any bank and bank holding company applications scheduled for the meeting; or you may contact the Board's Web site at http://www.federalreserve.gov for an electronic announcement about applications and other expedited items, as well as procedural and other information about the meeting.
Dated: July 12, 2001
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