Legal Interpretations
Bank Holding Company/Change in Control - 2011 Letters
December 30, 2011 (PDF)
Letter to Craig D. Miller, Esq., advising that Triodos Bank NV and its sole shareholder Stichting Administratiekantoor Aandelen Triodos Bank, both of Zeist, the Netherlands, would not be deemed to control New Resource Bank, San Francisco, California, under the Bank Holding Company Act, as amended, if the transactions described in the letter are conducted according to the terms and conditions described in the letter and related correspondence.
December 30, 2011 (PDF)
Letter to Robert L. Tortoriello, Esq., advising that Bank of America, Inc., New York, New York, would not be deemed to control BlackRock, Inc., New York, New York, under the Bank Holding Company Act, as amended, if the transactions described in the letter are conducted according to the terms and conditions described in the letter and related correspondence.
June 29, 2011 (PDF)
Letter to Michael T. Escue, Esq., advising that The Goldman Sachs Group, Inc., New York, New York, would not be deemed to control Carver Bancorp and its subsidiary, Carver Federal Savings Bank, New York, New York, under the Bank Holding Company Act, as amended, if the transactions described in the letter are conducted according to the terms and conditions described in the letter and related correspondence.
June 29, 2011 (PDF)
Letter to Peter Heyward, Esq., advising that Morgan Stanley, New York, New York, would not be deemed to control Carver Bancorp and its subsidiary, Carver Federal Savings Bank, New York, New York, under the Bank Holding Company Act, as amended, if the transactions described in the letter are conducted according to the terms and conditions described in the letter and related correspondence.
June 29, 2011 (PDF)
Letter to Carl V. Howard, Esq., advising that Citigroup, Inc., New York, New York, would not be deemed to control Carver Bancorp and its subsidiary, Carver Federal Savings Bank, New York, New York, under the Bank Holding Company Act, as amended, if the transactions described in the letter are conducted according to the terms and conditions described in the letter and related correspondence.
April 22, 2011 (PDF)
Letter to H. Rodgin Cohen, Esq., advising that Mitsubishi UFJ Financial Group, Inc., Tokyo, Japan, would not be deemed to control Morgan Stanley, New York, New York, under the Bank Holding Company Act, as amended, if the actions described in the letter are taken in accordance with certain conditions described in the letter and related correspondence.
April 4, 2011 (PDF)
Letter to Brian Christiansen, Esq., advising that Fortress Investment Group LLC, Oaktree Capital Management, L.P., Stone Point Capital LLC, and Pine Brook Road Associates, LP, would not be deemed to control Alostar Bank of Commerce, under the Bank Holding Company Act, as amended, if the transactions described in the letter are conducted according to the terms and conditions described in the letter and related correspondence.
February 17, 2011 (PDF)
Letter to Andrew S. Baer approving the notice by Bank of Nova Scotia, Toronto, Canada, to engage on a limited basis in physical commodity trading activities.