Reborn in Hong Kong: The Tycoon Grows Up

Merrill Lynch is one of the world's leading financial management and advisory companies, headquartered in New York, USA. As one of the world's largest financial management consulting firms, it has a place in the financial world. The company was founded on January 7, 1914, when Merrill began his career at 7 Wall Street in New York City.

A few months later, Merrill's friend Lin joined the company, and in 1915 the company was officially renamed Merrill Lynch. In the 1920s, Merrill Lynch's New York office was located at 120 Broadway, and it also had offices in Detroit, Chicago, Denver, Los Angeles, and Dublin.

At this time, Merrill Lynch was also holding a board meeting, and the core content was matters related to the Fucaira Securities Exchange Market.

Elvin Merrill, known as the third generation of Merrill, sits in the chairman's position, and he does not want to miss this opportunity. In fact, well-known Wall Street investment banks and fund companies all know that there are very serious problems in the market. It’s not that they don’t want to make amends, it’s that they feel it’s meaningless; it’s even beyond hope.

Many people choose to invest in Japan, and this is one way. However, companies that started late are worried about the sustainability of Japan's property market and stock market. After all, everything has a price, which cannot be much higher than its actual value. Now the Japanese are on the verge of madness, so they dare not take action easily.

After all, unlike Bao Zixuan, they can't see what the future will be like yet. So in Japan, you can only try it briefly; you don't dare to take it too deeply. But Fucaira is different. It is just starting to establish a stock trading market; this kind of investment is the most favored by capital. After all, as long as you can enter the market, you will not suffer any loss.

The following people began to report the specific situation based on the collected information. This is the minimum work process for an investment institution. If you don’t know anything and invest rashly, the end result will definitely not be good. Hua Erji looked at the number of traders who didn't seem to be many, but he didn't know how many logistics teams were equipped for each of them.

Financial giants' investment in intelligence will not be less than that of a small country. This is why they have first-hand information.

Therefore, the investigation into the content of Bao Zixuan's conversation with Bruce Bowles and his attitude towards William Morgan was very clear. On Wall Street, super projects appear; unicorn companies go public and cannot be hidden from anyone.

Erwin Merrill said with a smile: "This is an opportunity, an opportunity for Merrill Lynch to expand outward. You are all industry elites and know what is happening in the United States. Although we have a lot of funds, But I can’t find an investment direction at all. Japan may be an opportunity, but with the real estate and stock markets at such high levels now, do you want to go over and take over!”

"Fucaira is definitely a good opportunity. Although Bao Zixuan has not contacted Merrill Lynch. But we must take the initiative and never let the Goldman Sachs family be left alone."

"This matter needs to be taken seriously. Merrill Lynch wants to expand outward. This is a very critical step."

The chairman has spoken, so the people below must implement it well. At the same time, they also know that this is a very rare opportunity, an opportunity that allows them to make a lot of money.

At the same time, the same scene was playing out in an office building not far from Merrill Lynch.

Henry Lehman was the son of a cattle merchant. In 1844, the 23-year-old Henry immigrated to the United States from Germany and settled in Montgomery, Alabama, where he opened a dry goods store called H. Lehman. In 1847, with the arrival of Emanuel Lehman, the firm's name was changed to Lehman Brothers. When Meyer Lehman, the youngest brother in the family, also arrived here in 1850, the company name was changed again and named Lehman Brothers.

In the southern United States in the 1850s, cotton was the most important industrial crop. Taking advantage of the high market value of cotton, the three brothers began the raw cotton trade by regularly accepting payment from customers for raw cotton, eventually starting a second commercial transaction in cotton. Over the years this business grew and became an important part of their operations. After Henry died of yellow fever in 1855, the remaining brothers continued to focus on their commodities trading brokerage business.

In 1858, due to many factors, the cotton trade center moved from the South to New York. Lehman opened its first branch office at 119 Liberty Street in Manhattan, New York City. Emanuel, 32, was in charge of the office business.

After the Civil War, the company provided financial support to the state of Alabama to aid in reconstruction. The company's headquarters eventually moved to New York City where the New York Cotton Exchange was founded in 1870. In 1884, Emanuel established a corporate board of directors, and the company also engaged in railroad bond business in emerging markets and entered financial consulting business.

As early as 1883, Lehman had become a member of the Coffee Exchange, and in 1887 the company also joined the New York Stock Exchange. In 1899, Lehman initiated the first public offering of preferred and common stock for the International Steam Pump Company.

Despite providing international steam, it was not until 1906 that the company truly transformed from a trader to a securities issuer. That same year, under the leadership of Philip Lehman, Lehman worked with Goldman Sachs to take Sears, Roebuck and General Cigar Company public.

Philippe Lehmann retired in 1925 and was succeeded by his son Robert Lehmann as company leader. During Robert's leadership, the company weathered the capital crisis of the Great Recession by focusing on venture capital as the stock market recovered. In 1928, the company moved to the famous William Street.

It can be said that this is a company with a long history and brilliant achievements. But at this time, Lehman Brothers' life was really difficult. Of course, it will definitely be much better than when it goes bankrupt in later generations. Just because of a series of mergers and acquisitions and investments, Lehman Brothers was teetering on the edge of losing money.

This is the reality of Wall Street. No matter how brilliant you have been, once you suffer losses, you will naturally lose the trust of investors. Although each investment bank has a lot of funds of its own, it will definitely not be able to do much if it relies solely on its own funds. The bulk still needs investors to provide funds. After all, these funds come from all over the world; there is no upper limit at all.

The main reason why these investment banks are so good is their financing channels. Regardless of whether Bao Zixuan admits it or not, the current Heiyun Group, unless it goes public, really has no other rich financing channels. Hundreds of years of accumulation and brand accumulation are by no means idle.

Now Lehman Brothers has greatly disappointed investors. Moreover, in modern society, information is becoming more and more transparent. In the past, you could rely on deception, but now investors are not stupid. Once an investment bank fails to perform well, the media will inevitably report it overwhelmingly; it is impossible to hide it.

If there are no promising projects, it is almost inevitable for investors to withdraw their capital. And this can easily cause a chain reaction, and in the end the company may cease to exist.

We must know that ten years ago, we will restore the company's image and improve performance in the future. Peter Peterson, a well-known Wall Street broker, was specially hired as CEO; but even such a legendary figure, who had led Lehman Brothers for more than ten years, still could not change anything. In the end, he could only leave sadly, and founded his own investment company the next year.

It can be said that Lehman Brothers looks very big, but it is also very bloated. Maybe everyone in the company knows it, but they just don’t know where to start.

Freezing three times did not happen in one day, otherwise it would not have become the first super investment bank to fail on Wall Street.

Since outsiders cannot do that, members of the Lehman family will do their part to regain control of the company.

And this time the Lehman family is indeed very bold; Stouffenberg-Lehman, only 30 years old today, graduated from the Department of Economics at the University of Pennsylvania. It can be said that both family background and background are very superior. The most important thing is that he has the image of a typical Germanic handsome guy, with blond hair and blue eyes; plus a tall figure; even compared with Hollywood male stars, he is still worthy of concessions.

In fact, the Lehman family made him the person in charge not only because of his ability, but also because they wanted to attract public attention. There is no shortage of talented people on Wall Street, but if you want to make Lehman Brothers unique, you must find other ways.

Stouffenberg-Lehmann's image was so perfect that even female investors found it irresistible. In fact, this has something to do with the richest man Bao. After all, it is precisely because he has achieved great success at such a young age. Major families in the world have just begun to let their young children come out to exercise.

A commoner kid can do so well even if he starts from scratch; a wealthy kid who has been carefully cultivated since childhood will not be that bad. The wish is very good, but when it is executed, it may not feel so perfect. After all, there is only one Bao Zixuan in the world, and there are a lot of rich kids!

It would be better if you have the ability, but someone who has no ability is definitely a cheating master.