NEW YORK—The Federal Reserve Bank of New York Friday approved the notice by Suez Lyonnaise des Eaux, Paris, France, Societe Generale de Belgique, Brussels, Belgium, and Generale de Banque, Brussels, Belgium, pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956, to acquire 51 percent of the voting stock of Harbor Capital Management, Inc., Boston, Massachusetts, an investment advisor and money manager.
The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.