Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies, etc.

Federal Register: May 8, 2009 (Volume 74, Number 88)

Notices

Page 21685-21686

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

DOCID:fr08my09-79

FEDERAL RESERVE SYSTEM

Notice of Proposals to Engage in Permissible Nonbanking

Activities or to Acquire Companies that are Engaged in Permissible

Nonbanking Activities

The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and

Regulation Y (12 CFR Part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in

Sec. [thinsp]225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States.

Page 21686

Each notice is available for inspection at the Federal Reserve Bank indicated. The notice also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act. Additional information on all bank holding companies may be obtained from the National Information

Center website at www.ffiec.gov/nic/.

Unless otherwise noted, comments regarding the applications must be received at the Reserve Bank indicated or the offices of the Board of

Governors not later than May 26, 2009.

1. Federal Reserve Bank of New York (Ivan J. Hurwitz, Vice

President) 33 Liberty Street, New York, New York 10045-0001: 1. Morgan Stanley, New York,; to acquire up to 9.9 percent of the voting shares of the outstanding common stock of United Western

Bancorp, Inc., and its subsidiary, United Western Bank, both of Denver,

Colorado, and thereby engage in operating a savings association, pursuant to section 225.28(b)(4)(ii) of Regulation Y.

Board of Governors of the Federal Reserve System, May 5, 2009.

Robert deV. Frierson,

Deputy Secretary of the Board.

FR Doc. E9-10752 Filed 5-7-09; 8:45 am

BILLING CODE 6210-01-S