Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Board Actions PDF
Actions taken during the week ending March 28, 2026
Banks, Foreign
HSBC Bank plc (HSBC), London, England -- to have a state member bank serve as the depository bank holding the capital equivalency deposits of HSBC's proposed branch in New York, New York.*
Approved: March 12, 2026
*Addition
Other Actions
Morgan Stanley Bank, N.A. (Morgan Stanley), Salt Lake City, Utah -- determination that a proposed internal reorganization whereby Morgan Stanley would acquire Morgan Stanley Europe SE and Morgan Stanley Bank AG, both of Frankfurt am Main, Germany, would be in the public interest and consistent with the purposes of section 23A of the Federal Reserve Act.*
Approved: March 5, 2026
*Addition