Extraordinary Genius

Chapter 1869: Bank's core goal

Kirilenko is eager to contact the chairman of the Lituo Group. Although the Lituo Group has a lot of business in Australia and Canada, it is a British company, so the headquarters is also in London. It is not special to see one side. difficult. ??

Feng Yu took a break and let Kirilenko's people arrange for the British banking industry to be very successful, thanks to the prosperity of the London financial industry. More than half of the investment banking business in Europe is in London.

London is also one of the world's major private banking markets. The value of private securities has already exceeded 300 billion pounds. Even in o7, it once claimed 500 billion pounds, but now it is less than 200 billion. Sterling, because many securities are already worthless.

London is also the city with the largest number of bank branches in the world, more than 300, the world, and New York are not comparable.

If the bank exhibition is good, then major financial markets such as New York, London, Tokyo, and Xiangjiang must not be missed. Feng Yu has acquired a number of financial institutions in North America, but there are no commercial banks.

The commercial bank in London is very popular with Feng Yu and has great benefits for the expansion of Minsheng Bank.

The reason why this bank suffered a serious loss in this financial crisis is because they are also one of the top mortgage lenders in the UK.

Although it has a lower status than the Leiman Brothers Bank in the country, its influence in Europe is not small. The bank's total storage capacity is close to 30 billion pounds. It is absolutely excellent when it comes to storage capacity.

It is a pity that the investment has been a little bit worse, and too many subordinated bonds have been invested, resulting in great losses.

However, with the help of the British political axe, the Bank of England provided emergency liquidity support. The British Minister of Finance and Politics also announced that it would guarantee the deposit of the bank, and did not let the bank be swayed by the crowd. bankrupted.

To this end, the UK is still negotiating to introduce the latest Bankruptcy Law to prevent this situation from happening again.

In the financial crisis of the country, the loss in the country is very large, but the same loss in the UK is not small. Who makes the UK and the country close to each other, and many industries learn from each other?

Like the other side of the country, the political axe in the UK has to take over some financial institutions and temporarily turn many private enterprises into state-owned enterprises. When the crisis is over, they will find ways to sell them.

The commercial bank that Feng Yu wants to acquire is currently held by the British political axe with many preferred stocks. The British political axe is very keen to get rid of it, and they are also short of money.

When Ralph contacted the person in charge of the bank, they were actually very moved. This time I heard that Feng Yu came over personally, and the eo of this bank was even more excited.

Their bank's market value at this time is less than 10 billion pounds. For the world's rich, it is absolutely affordable. And they still have a lot of good assets, but the worry is that the bank is carrying a lot of debt and bad assets, Feng Yu will hesitate.

However, the political axe has already asked them to take over the bank as soon as possible, even if it loses some, it does not hesitate. In their hands, there is no money to solve the problem, then they can only watch the bank's constant depreciation, and the quality assets are continuously lost and become inferior assets.

With the value of selling, this is the most correct choice, not to mention allowing the political axe to withdraw funds and help other companies get out of trouble.

"Mr. Feng, hello, I am Gary Porter, the eo of the British West Commercial Bank, and the person in charge of this acquisition negotiation shareholder, you can call me Porter."

Feng Yu looked at Mr. Porter in front of him, wearing a meticulous look, even the beard was neatly neat, but fortunately did not bring black-rimmed glasses, otherwise Feng Yu could not help but think of Harry.

"Potter, sit, my intentions should be very clear, I will give you five minutes, and you will convince me why I want to buy your bank."

Potter looked at Feng Yu with some surprises. Isn't the person around him not a translator? He clearly remembers that Feng Yu was a Chinese, and did not expect English to be so good.

However, at this time he can not consider too much, look at Feng Yu's meaning, if he can not give enough reasons, Feng Yu is likely to give up the acquisition.

But at the same time, he also said that as long as he persuaded Feng Yu, there would be a great possibility of acquisition.

“Mr. Feng, our bank still has more than 26 billion pounds of storage. This figure is enough to prove our ability to absorb reserves and prove that our bank is still trusted by depositors.”

"We have world-class high-end talents. In the talent selection system, we are eclectic. If we have the ability to create high profits for banks, then we will be entrusted with heavy responsibility."

"We adopt a radiation-fired organizational structure, where both centralization and decentralization coexist. Banks can be spread across the globe through the network. They can also share information and resources, and they can have a centralized scale effect."

"Our organizational structure is absolutely not bloated, all for the customer to consider, under the premise of safety, to meet the requirements of customers as quickly as possible, in the shortest possible time, to provide customers with the most convenient financial services, so our customer satisfaction It has been very high."

"We have an accurate strategic positioning and target market, aiming at serving customers, adhering to the principle of first doing first and then making bigger, which makes us very advanced in the concept of business management..."

Feng Yu looked at the watch and arrived in five minutes. He interrupted Potter’s words directly.

"Okay, five minutes have arrived. Do you think that the words you just said can touch me?"

Feng Yu's expression was grim, his tone was very stiff, and Potter was very embarrassed. He regretted some regrets in his heart. There are still many advantages that have not been said. Wouldn’t Feng Yu be dissatisfied with him?

"You are not sure, then let me talk about some of my views. You said that you have a storage of 26 billion pounds, then what about the money? How much cash reserves do you have? The deposits of most depositors have turned you into There are other securities in the loan contract. In the event of a run on the run, you can't get the money, you can only borrow at a high interest rate, which is one of the root causes of your losses."

"You said that as long as you can create high profits for the banks, you will be entrusted with heavy responsibilities. I think this time your losses are not related to this system. Do you think that the securities you buy can bring High profits? But what about the results?"

“You said that your business can be spread all over the world, but how many of your business branches or business outlets are there? How many employees? How many of them are new employees, and how many are retired, you have not said.”

"It is very funny to target customers. The first goal of the bank is to achieve the same goal. That is to make money, and making money is the core goal."

"Potter, you and I said, do you accept?"

Porter was stunned and his eyes were hollow. He felt that the talks might have failed again. Isn’t their bank really can’t sell it?

……8

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