"I was on the board of the bank holding company when we needed to go through a management change," he said.

The bank holding company already has offices in the building.

The merger would create the nation's 12th-largest bank holding company.

The combined bank holding company will have about $16 billion in assets.

Under the Greenspan plan, bank holding companies would rule the market.

The two bank holding companies agreed to merge in July.

The bank holding company's vice chairman and its chief executive also resigned.

It would be the fifth-largest bank holding company in Texas.

Under the plan now being discussed, the Fed would give up its authority over all 6,444 bank holding companies.

Wall Street officials said that the bank holding company was already seeking to sell the stake.

The bank holding company priced $150 million of three-year 8 percent notes.

But 150 bank holding companies will have to raise an additional $14.1 billion of capital so that they themselves can meet the higher requirements.

Irving has been fighting the takeover, which would create the 12th-largest bank holding company in the nation.

Under Federal law, an investor must seek permission to buy more than 10 percent of a bank holding company.

Today the company is one of the 30 largest bank holding companies in the United States.

Comerica is the nation's 26th-largest bank holding company, with $32 billion in assets.

The acquisition created a bank holding company with nearly 600 branches and $30 billion in assets.

Bank holding companies have mostly been absent from the rally in the corporate market.

Many bank holding companies in the state made the cost-saving adjustment last year.

Citicorp, along with several other bank holding companies, also pushed for this change.

The Treasury's plan initially won support from large bank holding companies that report to several regulators.

But the Fed made several significant changes in how the guidelines will apply to small banks and bank holding companies.

It has acquired eight smaller bank holding companies since February 1986, all in neighboring states.

The bank holding company attributed the drop to lower net interest margins.

After the sale, Ford will still retain about $1.2 billion of assets in the bank holding company.