June 14, 2011
Approval of proposal by Mitsubishi UFJ Financial Group
For immediate release
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.