[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