Federal Reserve Board announces approval of notice by Sumitomo Mitsui Trust Holdings, Inc., and Sumitomo Mitsui Trust Bank, Limited

[kreslik.news]

The Federal Reserve Board on Friday announced its approval of the notice under section 4 of the Bank Holding Company Act by Sumitomo Mitsui Trust Holdings, Inc., and Sumitomo Mitsui Trust Bank, Limited, both of Tokyo, Japan, to acquire 50 percent of the voting shares of Marubeni Rail Transport, Inc., a Delaware corporation, and thereby indirectly acquire Midwest Railcar Corporation, an Illinois corporation.

Attached is the Board's order relating to this action.

For media inquiries, call 202-452-2955.

Attachment (PDF)

Board Votes

2016 Orders on Banking Applications