Board of Governors of the Federal Reserve System

Bank of New York 33 Liberty Street New York, NY 10045 Dear Mr. Hurwitz...Bank Corporation ("M&T" or the "Applicant"), enclosed please find a response

Bank System"), a bank holding company within the meaning of the Bank Holding...Currency ("OCC") recently approved a5/ proposal by U.S. Bancorp to merge

Banks. Enclosures Authorized for public release by the FOMC Secretariat

Banks exhausted Treasury funds on deposit at the Federal Reserve Bank ...Banks on the basis of the ratio of each Bank's proportion of the hold

BANK OF PHILADELPHIA PHILADELPHIA. PENNSYLVANIA 19105 OFFICE OF THE PRESIDENT...Bank Presidents and Chairman Burns Governor Partee Vice Chairman Gardner

Finance and Economics Discussion Series Divisions of Research & Statistics and Monetary Affairs Federal Reserve Board, Washington, D.C. Un-Fortunate

banks would receive funds on a favored basis relative to other banks. ...bank dealers as well as other banks and other customers of the nonbank

bank holding companies in nonfinancial companies. The capital proposal...bank holding company under any of its equity investment authorities, including

Bank of New York. 2 In the fourth quarter of 2008, the Desk routinely ...bank back to the FRB’s account at the clearing bank (funds will flow from

Bank of New York 33 Liberty Street New York, NY 10045 Dear Mr. Hurwitz...Bank’s application pursuant to Conn. Gen. Stat. § 36a-411 and § 36a-412