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                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 4

                  STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
       Section 17(a) of the Public Utility Holding Company Act of 1935 or
               Section 30(f) of the Investment Company Act of 1940

[_]  Check box if no longer  subject of Section 16. Form 4 or Form 5 obligations
     may continue. See Instruction 1(b).

________________________________________________________________________________
1.   Name and Address of Reporting Person*

     Banque Nationale de Paris
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   (Last)                           (First)             (Middle)

     16, Boulevard des Italiens
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                                    (Street)

     75009, Paris, France
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   (City)                           (State)              (Zip)


________________________________________________________________________________
2.   Issuer Name and Ticker or Trading Symbol

     BancWest Corporation (BWE)
________________________________________________________________________________
3.   IRS Identification Number of Reporting Person, if an Entity (Voluntary)

     94-1677765
________________________________________________________________________________
4.   Statement for Month/Year

     July, 1999
________________________________________________________________________________
5.   If Amendment, Date of Original (Month/Year)


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6.   Relationship of Reporting Person to Issuer
     (Check all applicable)

     [_]  Director                             [X]  10% Owner
     [_]  Officer (give title below)           [_]  Other (specify below)
________________________________________________________________________________
7.   Individual or Joint/Group Filing (Check applicable line)

     [X]  Form filed by one Reporting Person
     [_]  Form filed by more than one Reporting Person
________________________________________________________________________________


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           Table I -- Non-Derivative Securities Acquired, Disposed of,
                             or Beneficially Owned
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                                                                                                                6.
                                                                 4.                              5.             Owner-
                                                                 Securities Acquired (A) or      Amount of      ship
                                                    3.           Disposed of (D)                 Securities     Form:     7.
                                                    Transaction  (Instr. 3, 4 and 5)             Beneficially   Direct    Nature of
                                      2.            Code         ------------------------------- Owned at End   (D) or    Indirect
1.                                    Transaction   (Instr. 8)                   (A)             of Month       Indirect  Beneficial
Title of Security                     Date          ------------     Amount      or     Price    (Instr. 3      (I)       Ownership
(Instr. 3)                            (mm/dd/yy)     Code     V                  (D)             and 4)         (Instr.4) (Instr. 4)
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Explanation of responses:

                                                                          (Over)
                                                                  (Form 4-07/98)

FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================ 10. 9. Owner- Number ship of Form 2. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature or Derivative 6. of Underlying 8. ities Secur- of Exer- 4. Securities Date Securities Price Bene- ity: In- cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner- Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 0.00 7/26/99 P 4,300 (1) (1) Class A 4,300 USD 40.9375 286,000 (D) Common Stock - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 0.00 7/26/99 P 5,300 (1) (1) Class A 5,300 USD 40.875 286,000 (D) Common Stock - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 0.00 7/27/99 P 13,100 (1) (1) Class A 13,100 USD 41.6875 286,000 (D) Common Stock - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 0.00 7/27/99 P 5,000 (1) (1) Class A 5,000 USD 41.5625 286,000 (D) Common Stock - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 0.00 7/27/99 P 17,400 (1) (1) Class A 17,400 USD 41.5 286,000 (D) Common Stock - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 0.00 7/27/99 P 2,000 (1) (1) Class A 2,000 USD 41.375 286,000 (D) Common Stock - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 0.00 7/27/99 P 1,000 (1) (1) Class A 1,000 USD 41.25 286,000 (D) Common Stock - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 0.00 7/27/99 P 300 (1) (1) Class A 300 USD 41.125 286,000 (D) Common Stock - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 0.00 7/28/99 P 30,000 (1) (1) Class A 30,000 USD 41.75 286,000 (D) Common Stock - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 0.00 7/29/99 P 4,800 (1) (1) Class A 4,800 USD 41.8125 286,000 (D) Common Stock - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 0.00 7/29/99 P 9,800 (1) (1) Class A 9,800 USD 41.75 286,000 (D) Common Stock - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 0.00 7/29/99 P 15,400 (1) (1) Class A 15,400 USD 41.6875 286,000 (D) Common Stock - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 0.00 7/30/99 P 16,600 (1) (1) Class A 16,600 USD 41.75 286,000 (D) Common Stock - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 0.00 7/30/99 P 3,500 (1) (1) Class A 3,500 USD 41.6875 286,000 (D) Common Stock ==================================================================================================================================== - ------------------------- Explanation of responses: (1) The shares of Common Stock are convertible, at the option of Banque Nationale de Paris, into an equivalent number of shares of Class A Common Stock in accordance with the terms described in the Amended and Restated Certificate of Incorporation of the Issuer, and in the Standstill and Governance Agreement by and between Banque Nationale de Paris and First Hawaiian, Inc., dated as of November 1, 1998. ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Signature of Reporting Person /s/ Jacques Ardant - ----------------------------------- Jacques Ardant Directeur de Succursale Attache Date: August 6, 1999 Page 2