[Federal Register Volume 80, Number 65 (Monday, April 6, 2015)]
[Notices]
[Page 18404]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-07792]


=======================================================================
-----------------------------------------------------------------------

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 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 applications will also 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 (12 U.S.C. 1843). 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 May 1, 2015.
    A. Federal Reserve Bank of San Francisco (Gerald C. Tsai, Director, 
Applications and Enforcement) 101 Market Street, San Francisco, 
California 94105-1579:
    1. PacWest Bancorp, and Pacific Western Bank, both in Los Angeles, 
California; merge with Square 1 Financial, Inc., and thereby indirectly 
acquire Square 1 Bank, both in Durham, North Carolina.
    In connection with this application, Applicants have also applied 
to acquire Square 1 Venture Management 1, L.P., Durham, North Carolina, 
and thereby engage in funds management, investment advisory, and 
private placement activities, pursuant to sections 225.28(b)(6)(i), 
(b)(7)(i) and (b)(7)(iii), respectively.

    Board of Governors of the Federal Reserve System, April 1, 2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-07792 Filed 4-3-15; 8:45 am]
BILLING CODE 6210-01-P