Approval of proposal by Mitsubishi UFJ Financial Group

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Approval of proposal by Mitsubishi UFJ Financial Group

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The following press release was published by the Board of Governors of the Federal Reserve System on June 14, 2011. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced its approval of the proposal by Mitsubishi UFJ Financial Group, Inc., Tokyo, Japan, to acquire up to 24.9 percent of the voting shares of Morgan Stanley, New York, New York, and thereby indirectly acquire an interest in Morgan Stanley's subsidiary banks, Morgan Stanley Bank, National Association, Salt Lake City, Utah; and Morgan Stanley Private Bank, National Association, Purchase, New York.

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

Source: Board of Governors of the Federal Reserve System

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