[Federal Register Volume 63, Number 145 (Wednesday, July 29, 1998)]
[Notices]
[Pages 40527-40528]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-20181]
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FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and Mergers of Bank Holding
Companies
The companies listed in this notice have applied to the Board for
approval, pursuant to the Bank Holding Company
[[Page 40528]]
Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR
Part 225), and all other applicable statutes and regulations to become
a bank holding company and/or to acquire the assets or the ownership
of, control of, or the power to vote shares of a bank or bank holding
company and all of the banks and nonbanking companies owned by the bank
holding company, including the companies listed below.
The applications listed below, as well as other related filings
required by the Board, are available for immediate inspection at the
Federal Reserve Bank indicated. The application also will be available
for inspection at the offices of the Board of Governors. Interested
persons may express their views in writing on the standards enumerated
in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the
acquisition of a nonbanking company, the review also includes whether
the acquisition of the nonbanking company complies with the standards
in section 4 of the BHC Act. Unless otherwise noted, nonbanking
activities will be conducted throughout the United States.
Unless otherwise noted, comments regarding each of these
applications must be received at the Reserve Bank indicated or the
offices of the Board of Governors not later than August 21, 1998.
A. Federal Reserve Bank of San Francisco (Maria Villanueva, Manager
of Analytical Support, Consumer Regulation Group) 101 Market Street,
San Francisco, California 94105-1579:
1. Banque Nationale de Paris, Paris, France; to acquire 45 percent
of First Hawaiian, Inc., Honolulu, Hawaii, and thereby indirectly
acquire First Hawaiian Bank, Honolulu, Hawaii, and Pacific One Bank,
Portland, Oregon.
2. First Hawaiian, Inc., Honolulu, Hawaii; to merge with Banc West
Corporation, San Francisco, Calfornia, and thereby indirectly acquire
Bank of the West, Walnut Creek, California.
Board of Governors of the Federal Reserve System, July 23, 1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-20181 Filed 7-28-98; 8:45 am]
BILLING CODE 6210-01-F
