Reborn Capital Madman
Chapter 1107 Top hat of systemically important financial institutions
Regarding the latest developments of Standard Chartered, Xiangjiang media basically do not have the ability to obtain information from Pu Weishi and Ge Lai, Huifeng senior executives, who are one step behind, have higher enthusiasm. One manifestation is that they are proud and proud of Xiangjiang Huazi.
Yan, It can’t help but remind people of the land acquisition war and the Hutchison Whampoa acquisition war that many years ago, the rise of the Xiangjiang Chinese capital has set off a new high.
In fact, since Sir Gao got off the plane at Kai Tak Airport, the focus of public opinion in Xiangjiang is centered on Sir Gao. The every move of the Hong Kong financial circle has been, such as entertainment circle gossip, grievances of wealthy families, etc., which can best attract the appetite of the general public.
The materials are all faded and lose their appeal.
Sir Gao answered the reporter's first question at the airport, "Whoever feels about the banquet event of the London Ritz Hotel is so simple that it can't be simpler, but anyone who understands the profoundness of Chinese can taste it.
, the resentment, anger, murderous intent in it...
This is like when Sir Gao answered the second question, thanking Davis and Huo Liyi, who resigned and ran away, for their work achievements in the position of Chairman of the Xiangjiang Securities Industry Review Committee and President of the Xiangjiang Stock Exchange. You think,
Is it really thank you?
So, the media are closely following it. The thunderous anger caused by Sir Gao's calm appearance may have caused huge waves. The final restructuring plan of Standard Chartered Bank was interpreted as the end of one of the revenge. Who will be the turn next
, it is a strange thing that can only be understood but not expressed in words.
Why is it weird?
One manifestation is that no one is entangled. In the careful calculation of the failed Liz Hotel Banquet Incident in London, who was not involved in it, and it was too unfair to settle the accounts in the autumn. Even the people who worked hard all day long for survival can speak.
Let’s comment a few words, who most hopes that Sir Gao will collapse, and who will benefit and who will be the most suspicious of the most logical relationship is obviously not to challenge everyone’s IQ.
However, few people can figure out how Sir Gao plays cards.
For example, this time, the news of the restructuring plan of Standard Chartered Bank was moved to the front page of the news on the second day after the headlines of the front page, Sir Gao published an article entitled "The Establishment of a Systematic Important Financial Institution Mechanism" and accepted people from the financial media industry.
Joint interview.
What is a systemically important financial institution?
Sir Gao's explanation of this concept is that commercial banks, investment banks, insurance companies, and other financial institutions that are huge in size, highly complex in business and widely associated with other financial institutions are in trouble when their own operations are in trouble.
Even when it is out of control, it will have a significant impact on the stability of the entire financial system and economic activities.
How to define systemically important financial institutions, there is naturally a profound comprehensive index system. Most people do not need to spend time to comprehend, but there is the simplest sensory way to quickly understand the concept of systemically important financial institutions, that is,
It’s too big to fall! It’s too important to fall!
Sir Gao clearly pointed out that in the current commercial banking field of Xiangjiang, Huifeng Bank, Yili Bank, Standard Chartered Bank, Bank of China, Hengsheng Bank, and Youya Bank are systemically important financial institutions for the Xiangjiang financial system.
As for the driving force for establishing a systemically important financial institution mechanism, Sir Gao also explained.
As we all know, since the 1960s, the banking industry in Xiangjiang has experienced several life-and-death crises, and the impression that only small and medium-sized banks will have an accident. The large banks have strong capital and perfect management, so they can rest assured. But this time
The incident in which Standard Chartered Bank's Mumbai Branch secretly embezzled deposits and entered stock market speculation reflects that it may not be!
How did Standard Chartered Bank react to being named by Sir Gao, president of the Hong Kong Monetary Authority?
After the game between the new chairman of the Board of Standard Chartered Bank Group Sir Bao at the London headquarters was settled, he returned to Xiangjiang with silence and went to visit the Xiangjiang Financial Administration without stopping, and then said goodbye with a relaxed face.
Surrounded by the reporters, Sir Bao smiled and made the following speech.
Standard Chartered deeply apologizes for its previous mistakes and is carrying out thorough rectification. It has reached an understanding and disposal plan with the regulatory authority of the Mumbai branch. It has also been trusted again by the Xiangjiang Financial Administration, the regulator of Standard Chartered's most important market.
Standard Chartered's Board of Directors is deeply honored to be included in the list of important financial institutions in the Xiangjiang system and deeply feels a great responsibility. Next, it will operate legally within the constraints of various regulatory agencies in the global market.
In short, Standard Chartered was completely convinced and will be honest and do things steadily in the future.
The Xiangjiang Financial Administration also confirmed at a later regular media communication meeting that the bad things about Standard Chartered Bank were considered a complete story for Sir Gao.
What reaction would the Hong Kong government do when they saw Standard Chartered being disguised?
No response!
Strictly speaking, there are also actions, that is, the Legislative Yuan stated that it would amend the "Issuance of Legal Currency Bank" and agree to the issuance rights of Standard Chartered Bank to transfer the right to Standard Chartered Bank to Hong Kong Bank.
That's all!
Following the systemic importance of financial institutions proposed by Standard Chartered Bank to Sir Gao, it was beneficial to the bank and the Right Asia Bank expressed its support.
The Bank of China's reaction must be mature and persistent, but it is not a problem. This inevitably involves the complex reactions of all walks of life to the systemic importance of financial institutions proposed by Sir Gao.
First of all, from a relatively simple perspective, there is almost no criticism in the global central bank circle. Many central bank officials can't help but praise Sir Gao for being admired. They creatively came up with this mechanism and then communicated with peers that had already been established.
In terms of mechanism, come here to learn advanced experience.
The capital circle, which has always been the most sensitive to market freedom, has the most complex response. Overall, it has doubts about the systemic importance of financial institutions.
For example, will the institutions that are on the list be held back?
Will institutions that are not on the list be in an unfavorable competitive position because the institutions that are on the list receive support from further supervision?
There are even high-sounding discussions on whether it is reasonable to be too big to fall, to confuse the public.
But there is one thing. While Sir Gao proposed the systemic importance financial institution mechanism, he did not say that how to define the systemic importance financial institution mechanism is determined by the Xiangjiang Financial Administration. This standard can be completely handed over to a professional third party
Authoritative institutions identify it as if Huifeng Bank, Yili Bank, Standard Chartered Bank, Bank of China, Hengsheng Bank, and Youya Bank are listed as systemically important financial institutions in the field of Xiangjiang Commercial Bank. If there is anything wrong, you can put it forward.
Well.
You say it, you should say it quickly...
But the mystery is here. Once the systemically important financial institution mechanism is put on, it will not be easy to remove!
If someone jumps out, Huifeng Bank, Yili Bank, Standard Chartered Bank, Bank of China, Hengsheng Bank, and Youya Bank, who is not worthy of becoming a systemically important financial institution, I guess the parties involved will be anxious. What, you dare to question a certain company
Status of the world?
Therefore, the doubts of the capital circle cannot be confronted in one sentence.
Amidst such turmoil, the old man has been resolutely resolutely. The Bank of China did not delay and quickly expressed its support for Sir Gao’s systemic importance of financial institutions.
So, the highlight is coming, what about the attitudes of Huifeng Bank and Hengsheng Bank?
You'll Also Like
-
Others control beasts, I control monsters
Chapter 334 9 hours ago -
I'm picking up rags in the survival game
Chapter 1804 9 hours ago -
On the occasion of rebirth Zhou Sui
Chapter 625 9 hours ago -
In the era of mythology, I evolved into a star-level beast
Chapter 377 9 hours ago -
Siheyuan starts from a better life
Chapter 340 9 hours ago -
Global humanity shrinks
Chapter 185 9 hours ago -
The Boss of Yan's Family in Siheyuan
Chapter 179 9 hours ago -
Cultivate the Great Sun Demon Flower at the beginning of the game and get Retinazer
Chapter 271 9 hours ago -
Farming in the last days: I rely on space to store millions of goods
Chapter 144 9 hours ago -
Soul of Chess: At the beginning of the game, I bought the chessboard from Shi Guang's family
Chapter 205 9 hours ago