Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

District: 2
Federal Reserve Bank of: New York

Filings received during the week ending April 4, 2020

Filer

Filing Type

Filing Proposal

End of Comment Period

BESSEMER GROUP, INCORPORATED, THE

CIC

Notice by Martha Phipps Maguire, as trustee of: (i) JGD III (J. Gordon Douglas, III) & DESC UA 8 A3 UW MB (Margaret Boegner) BGI Trust, New York, New York; (ii) Andrew P. Sidamon-Eristoff 2003 Grantor Retained Annuity Trust ("GRAT"); (iii) Elizabeth Sidamon-Eristoff 2003 GRAT; and (iv) Simon Sidamon-Eristoff 2003 GRAT, all of Woodbridge, New Jersey; to acquire a controlling interest in Bessemer Group, Inc., Woodbridge, New Jersey, and thereby indirectly acquire Bessemer Trust Company, Woodbridge, New Jersey, and Bessemer Trust Company, N.A., New York, New York, pursuant to section 225.41 of Regulation Y.

Newspaper:	04/16/2020
Federal Register:	04/22/2020

ICICI BANK LIMITED

FBSEA

ICICI Bank Limited, Mumbai, India, to establish a representative office in Sunnyvale, California, and a representative office in Irving, Texas, pursuant to Section 10(a) of the International Banking Act of 1978, as amended, and Section 211.24(a)(2)(i)(B)(2) of Regulation K.

Newspaper:	Not available
Federal Register:	Not applicable

MORGAN STANLEY

4c8

Morgan Stanley, New York, New York, to acquire 100 percent of the voting shares of E*TRADE Financial Corporation, Arlington, Virginia, and thereby indirectly acquire E*TRADE Bank and E*TRADE Savings Bank, both of Arlington, Virginia, and thereby operate a savings association, pursuant to Section 4(c)(8) of the Bank Holding Company Act.

Newspaper:	04/24/2020
Federal Register:	05/01/2020

Availability of CRA Public Evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.

Institution / Location	RSSD ID	Exam Date	CRA Public Date	CRA Rating	Exam Method
NONE

CRA Examinations scheduled for Quarter of

Institution	Location	Quarter
NONE

* Subject to the provisions of the Community Reinvestment Act

District: 2 Federal Reserve Bank of: New York

Filings received during the week ending April 4, 2020

Availability of CRA Public Evaluations

CRA Examinations scheduled for Quarter of

District: 2
Federal Reserve Bank of: New York