Spring Thunder Chapter 0270 Bank Strategy
"Ah, Nansheng, why are you here?" Ruan Mei, who walked out of the room and to the door, exclaimed when she saw Nan Yi.
Ruan Mei had a very good impression of Nan Yi. He was polite, spoke slowly and calmly, had an attractive voice, was knowledgeable, quoted from classics, and was very knowledgeable about lipstick colors.
Nan Yi smiled and said, "The New Year is coming soon, so I'll give Teacher Ruan some New Year gifts. Teacher Ruan, and Auntie, I have something else to do today, so I won't bother you anymore. I'll invite you to my home when you're free some other day."
"You're leaving so soon? Don't you want to stay for a while?" Ruan Mei said a little disappointed.
"Some other time. I'm really busy today. Bye, Auntie."
Nan Yi turned and left after saying this. It wasn't that he disliked Ruan Mei's family, but he was not sure whether he should sit for a while before leaving, or leave immediately.
Some people don't mind others pointing fingers at their poverty, while some people don't want others to witness their poverty at all. These are two extremes. Nan Yi couldn't judge which category Ruan Mei's mother belonged to.
She had been holding the door and had not welcomed Nan Yi into the house, which made him tend to make the second judgment. That was why he left quickly in a rather impolite manner, using his own impoliteness to satisfy the self-esteem of others.
After leaving Nan Yi in Sham Shui Po, he went to Nan's Building. Liang Huiwen, who had already returned from Australia, took a report from the Hong Kong Bank and placed it on his desk.
Hawkeye and Bats have been able to play their roles and are adept at collecting relatively public information.
According to the report, there are 307 commercial banks of all sizes in Hong Kong. Except for the Hong Kong branches of HSBC, Standard Chartered, Chen Bank and some other foreign banks, the others are regional banks, which basically have only one head office and few branches.
Among them, the Chen Bank is worth mentioning. It was a bank established by three Chinese from Taiwan. Due to coincidence and through a series of efforts and opportunities, the Chen Bank finally became the number one bank in Taiwan in the 1960s.
By the 1970s, Chen Bank had become one of the top banks in Asia.
Although it is not as well-funded and well-connected as HSBC or Standard Chartered Bank on a global scale, let alone banks like Citigroup and Credit Suisse.
But in Asia, in the Chinese community, Chen Bank is the number one bank.
In Southeast Asian countries, including Taiwan, more than 60% of business tycoons received support from Chen Bank when they started their businesses. The richest people in various regions and countries basically have business dealings with Chen Bank, and in a series of business activities, they rely on Chen Bank to achieve cash flow turnover.
Then, after they turned around, they handed over their financial business to Chen Bank to manage, which can be regarded as a kind of feedback.
The Chen Bank is growing stronger and stronger. It has become a well-known brand and a financial guarantee among the Chinese.
Through the relationship with Chen's Bank, everyone shared what they had, helped and supported each other, and fought together with outside capital, gradually forming a huge Chinese business alliance.
This is also one of the most important reasons why, since the 1970s and 1980s, the richest people in various countries and regions in Southeast Asia have basically become Chinese.
Such an alliance gradually disintegrated due to various disagreements in the future, restrictions of various countries' policies, the loss of its spiritual leader, and the death of the founder of Chen's Bank. Later generations rarely knew about the reputation of Chen's Bank.
The branch of Chen Bank in Xiangkeng also adhered to the purpose of the head office and continued to work together with Chinese businessmen, but their approach did not work in Xiangkeng.
Commercial banks in Hong Kong began to flourish in the 1950s, and many Chinese businessmen accepted their favors. However, due to the large number of financial institutions in Hong Kong, and the fact that the Chaoshan and Ningpo gangs were relatively close-knit;
In addition, Shen Bi, the boss of HSBC, is more inclined towards the Chinese and has good relations with Li Tongban and Bao Yugang. Chen's bank from the Republic of China has no chance to show its strength.
In addition, Chen Youqin, the head of Chen's Bank in Xiangkeng, although he is the eldest son of Chen Bizhou, the largest shareholder of Chen's Bank, is not the successor that Chen Bizhou has chosen, so Chen's Xiangkeng branch does not receive much support from the head office.
Even the current chairman of the board of directors of Hong Kong Commercial Bank, Chen Youqin, is Chen Bizhou's eldest son, but he is not Chen Bizhou's ideal successor and has not received much support from Chen's Bank.
Nan Yi had also heard of Chen's Bank. He remembered that the head of this bank should be called Chen Youyu. As for why it was Chen Youyu instead of Chen Youqin, Nan Yi was not sure. Perhaps Chen Youyu was more powerful.
However, judging from the report, Chen Youqin was a simple and honest man, and his business skills were not very smooth. It might be because of his personality that Chen Bizhou did not choose him as his successor.
Chen Youqin is a hardworking man who works diligently. His partners think highly of him and it is very reassuring to do business with him. He will not put your investment at risk, nor will he force you to sell your possessions to pay off your debts when you are in trouble. He always remains friendly.
There are not many businessmen with his temperament.
Nan Yi tapped on the table, thinking secretly in his mind that Chen's Bank was a good target for acquisition. Although it was considered a large bank in Asia, it did not have much capital of its own. The key point was that there were so many Chinese businessmen standing behind Chen's Bank, which would not be easy to deal with.
It is better to pick a softer target. Chen Bank can wait a few years before making any plans.
Leaving Chen Bank aside for the moment, Nan Yi continued to look at the information of other banks. He looked very carefully, and until seven o'clock in the evening, he had only read less than 25% of the information.
Taking the information with him, Nan Yi returned to Repulse Bay to continue reading it.
After three days of searching, on the morning of the fourth day, Nan Yi had finally finished reading all the bank information. He also identified the most suitable acquisition target, a small bank called Yongbang.
Yongbang Bank is a relatively small bank with a small amount of savings deposits from its customers, totaling less than HK$800 million, and even less equity capital, totaling less than HK$100 million.
Such a small bank actually has Hong Kong dollar cross-border settlement business, which means that Nan’s funds can easily flow in and out through Yongbang Bank.
According to Nan Yi's plan, Nan's banks include Adam Bank and Southland Bank.
Adam Bank's business includes corporate financing, assisting clients in raising funds through the issuance of stocks and/or bonds, mergers and acquisitions consulting and real estate financial services; sales and trading of stocks and bonds; securities research; direct investment department; private wealth management; and asset management.
Simply put, Adam Bank's benchmark is Morgan Stanley.
Southland Bank is a traditional bank that conducts the same business as other banks. Apart from the name and owner, there is no other difference.
Adam Bank does not need to make any external acquisitions, it only needs to set up its own business. From the banks acquired from outside, except for the businesses suitable for Adam Bank, the rest will form Southland Bank.
"Yamei, let Hawkeye and Bats dig deeper into the information of Yongbang Bank, especially the situation . We must investigate it thoroughly."
"Hayi."
Ueto Masami bowed and left.
After she left, Nan Yi sorted out the documents and put them aside, then walked out of the office. At noon, he made an appointment with Chen Youqin to play golf at the Royal Xiangkeng Golf Club.
Although Chen Youqin is a prince of the Chen Empire, he is almost the same age as Charles , already in his early fifties. The difference is that Charles still has hope of succession, but Chen Youqin has no hope at all, as his younger brother Chen Youqi has already begun to act as regent.
When Nan Yi met Chen Youqin, he saw a man not in a neat suit, but in a red and black Tang suit. He had a very gentle temperament, and a bit of shrewdness in his gentleness.
Nan Yi was looking at Chen Youqin, and the other party was also looking at him, and then they walked towards each other with smiles on their faces almost at the same time.
"Mr. Chen, I have heard of you for a long time."
"Nansheng, you are a real hero in your youth!" Chen Youqin shook hands with Nan Yi, and then they walked towards the court together. "When I was your age, I was still studying at the New York Institute . I only spent my family's money. How could I be as talented as you?"
"Mr. Chen, you are too kind." Nan Yi said modestly, "There is no such thing as a person who is born with knowledge. I just have a good grandmother who can use her sign to bully others. Compared with Mr. Chen's success that has been achieved step by step, my success is not worth mentioning at all."
Chen Youqin smiled, "Based on this sentence, I don't think Nansheng is an ordinary person, but I don't know how I can help you."
Chen Youqin brought the conversation to the point.
Nan Yi invited Chen Youqin out under the banner of being Fang Mengyin's grandson. Being low-key is mostly an advantage, but sometimes it has disadvantages, like at this time.
"Actually, there's nothing to do. I just want to see Mr. Chen's demeanor. Your Chen family has the demeanor of a Jinxi bank. I've admired you for a long time."
"Hahaha, you are flattering me. Chen's Bank dare not be compared with Jinxi Piaohao. Among Jinxi Piaohao, the one I admire most is Qiao Zhiyong's Qiao Family Piaohao. Back then, he resolutely refused to do the business of exchanging old bills for new bills or exchanging old bills for new bills like Yan Laoxi did.
No matter how much was issued at the beginning, they had to grit their teeth and pay the people in the end instead of doing so according to the new exchange rate. As their assets shrank thousands of times, they were forced to decline into obscurity.
What a big picture this is, what kind of feeling this is.
Although the Shanxi merchants were able to rise to prominence by selling their wealth for fame, their integrity is indeed worthy of praise. "
"Mr. Chen, you are right. The reputation of Jinxi Piaohao is indeed very strong. Needless to say, your Chen family is not bad either. You put integrity first and support Chinese merchants. The Chinese merchants in Southeast Asia can gain a firm foothold thanks to your Chen family."
"Hahaha, not really, not really. Our Chen family is far behind."
