Rebirth of the Strongest Tycoon

"Boss, good morning!"

After seeing Xia Yu, Wang Qi immediately stood up and greeted respectfully.

Xia Yu nodded. After sitting down, he went straight to the topic and asked, "Which bank did you find?"

"Boss, look, it's this one, Guang'an Bank. This is the detailed information of Guang'an Bank."

Wang Qi said, and gave the investigation report to Xia Yu.

After Xia Yu read it, he thought about it and found that it did meet the requirements.

In Xiangjiang, there are hundreds of financial institutions, large and small, of which there are hundreds of banks alone, but most of them are small banks, accounting for about 75% of the total, and medium-sized banks accounting for 20%. Large banks accounted for about 5%.

Guang'an Bank is a small bank, and its main business is commercial banking and asset management. It has not obtained other business chain licenses such as securities issuance and insurance, but Guang'an Bank has an affiliated financial audit company.

Guang An Bank was established in 1938 by Mr. Leung Chi-Yi, a former municipal council member and chairman. After Mr. Leung Chi-Yi passed away in 1972, Dr. Leung Ting Pong took over the family business.

According to historical development, Guang An Bank would have been listed on the Hong Kong Stock Exchange in 1996 and acquired by Singapore Development Bank in 1998. After that, it was forcibly delisted and renamed dbs Guang An Bank. In 2003, the bank was merged into DBS Bank ( Hong Kong) Co., Ltd.

However, at present, Guang An Bank has a capital of about 200 million Hong Kong dollars, but its debt is 190 million Hong Kong dollars. However, the sub-branch in Singapore was just established the year before, and the business is still in the pioneering period.

Although Guang'an Bank has many disadvantages and its business situation is not good, Xia Yu doesn't care at all, but is more satisfied, because the price of this acquisition will be lower!

Don't forget Xia Yu's original intention to acquire the bank. The most important thing is to own the bank, so that he can have a capital turnover center.

To put it bluntly, Xia Yu just needs a bank license!

But it takes a while to apply for a bank license, and Xia Yu didn't want to wait.

Even with a license, it would take a while to start a bank from scratch.

But now Xia Yu is alone and lacks time,

He simply doesn't have time to build a bank from scratch, his plan is almost on the way, and it's at the point where the bank gets stuck.

So owning a bank in the cheapest way became Xia Yu's first choice.

As for how bad the acquired bank was before, Xia Yu didn't care, as long as it wasn't insolvent, he wasn't afraid!

For example, Guang'an Bank has a capital of 200 million yuan and a debt of 190 million yuan. The debt ratio is as high as 95%, which has exceeded the normal debt ratio line of the bank below 92%, and the net assets are only 10 million Hong Kong dollars.

But Xia Yu didn't care about it at all. Like his funds, he had more than one billion Hong Kong dollars. As long as he put it in, the debt ratio of Guang'an Bank could directly drop to more than ten percent.

And don't forget that Xia Yu has several big companies. If the capital turnover is also put into Guang'an Bank, then Guang'an Bank can definitely become a medium-sized bank, and it is not the bottom one!

As for Guang'an Bank's lack of licenses, there are almost only two licenses for commercial banking and asset management, and Xia Yu doesn't care.

Guang'an Bank does not have this license, it does not mean that Xia Yu does not!

Most of the licenses that Guang'an Bank lacks, Jiuding Securities Co., Ltd. has almost all of them. As long as they are acquired, the two complement each other. If they are more, they will be waste, and Xia Yu will have to pay a higher price.

Speaking of which, I have to talk about the difference between banks.

In the world, in addition to those special institutions such as the World Bank, the Central Bank, and the Policy Bank, banks are mainly divided into two categories: commercial banks and investment banks.

The responsibility of commercial banks is to undertake credit intermediary financial institutions through deposits, loans, exchange, savings and other businesses. The main business scope is to absorb public deposits, issue loans, and handle bill discounting.

General commercial banks do not have the right to issue currency. Of course, there are exceptions due to special circumstances in some places. For example, HSBC and Standard Chartered Bank have the right to issue Hong Kong dollars.

The counterpart of commercial banks is investment banks.

Investment banks are non-bank financial institutions mainly engaged in securities issuance, underwriting, trading, corporate restructuring, mergers and acquisitions, investment analysis, venture capital, project financing, etc. They are the main financial intermediaries in the capital market.

Investment bank is the title of the United States and the European continent, the United Kingdom is called the merchant bank, in the island country and the mainland it refers to the securities company.

So in fact, Jiuding Securities Company owned by Xia Yu is an investment bank!

There are three main organizational forms of investment banks: First, independent professional investment banks. There are many institutions of this type, all over the world. They have their own business directions, such as Goldman Sachs and Morgan Stanley in the United States.

The second is investment banks owned by commercial banks, mainly commercial banks through mergers and acquisitions of other investment banks, equity participation or establishment of subsidiary companies to engage in investment banking business, this form is very typical in Britain and Germany and other countries, such as HSBC Group, the later UBS Group .

The third is the direct operation of investment banking by universal banks. This form mainly occurs in Europe. Banks are engaged in investment banking as well as commercial banking. This type is relatively rare now, and it can even be said that there are almost few. It will only appear on a large scale after the United States implemented the Financial Services Modernization Act in March 1999.

Since the Glass-Steagall Act of 1933, commercial banking must be separated from investment banking.

The purpose is to prevent commercial banks from harming the interests of depositors, transferring funds to investment and making depositors bear huge risks.

This system has been learned and imitated by almost most of the world's financially active and developed countries.

However, since the 1970s, due to the development of mathematics, finance, statistics and other disciplines, as well as the development of science and technology and social changes, the operation of commercial banks has been difficult, and many banks have fallen into operational difficulties and even collapsed.

In particular, the world economic crisis in 1997 led to the gradual disintegration of this system.

In 2000, the Chase Manhattan Bank of the Rockefeller Consortium Financial Center merged with the J.P. Morgan Company of the Morgan Consortium, and successively acquired several other banks, and finally an all-round hybrid **** group appeared.

The emergence of **** is the beginning. Countries such as Europe, the United States, and island countries have set off a wave of bank mergers and acquisitions. In order to better cope with the competition, all-round hybrid banks have appeared one by one.

However, in this era, even in the special circumstances of Xiangjiang, the omnipotent hybrid bank is not allowed to appear.

But Xia Yu didn't care either. After the acquisition of the commercial bank, Jiuding Securities Company was not allowed to merge with it. It didn't matter to Xia Yu.

Even if you really want to do it, imitating the second model, just like HSBC, let the commercial bank hold a part of the shares of Jiuding Securities Company, and hand over the business to Jiuding Securities Company, right?

But there is no need for this, because when the commercial bank is acquired, it is the financial center of its subsidiary company, and the shares will never be transferred, so it is a left-handed relationship.

After such analysis and consideration, Guang'an Bank is indeed a very suitable target to be acquired.

Just don't know how difficult it is to acquire?

Thinking of this, Xia Yu asked, "Wang Qi, are you sure the Liang family will sell Guang'an Bank?"

When Wang Qi heard the words, he nodded heavily and said, "I'm sure!"

"Boss, the Liang family does intend to take action. I have already asked someone to verify the news. There is a reason for this. I will report it to you."

"After the death of the old head of the Liang family in 1972, the new head of Guang'an Bank, Liang Dingbang, is now in charge. However, Liang Dingbang's volition is to become a politician. Now he has obtained the qualification of a private practice barrister, and is ready to join the Hong Kong government to pursue a career."

"And the Liang family is withered, and Liang Dingbang's only younger brother has no financial talent. That is to say, in this case, Guang'an Bank will develop into this way. When it was in the hands of the old family owner of the Liang family, Guang'an Bank's debt ratio was Around 90%, it won't reach the current 95%!"

"So if we want to acquire Guang'an Bank, the Liang family should be willing to let it go."

After Wang Qi reported it in one breath, he hesitated for a while, but he continued to bite the bullet and continued: "Of course, Liang Dingbang intends to enter politics, and with your strength, boss, you can completely serve as his backing force. With this condition, it should be fine.”

After speaking, Wang Qi lowered his head a little nervously, not daring to look at the deep eyes of the boss Xia Yu.

Although his starting point is good, he is still suspected of overstepping anyway, and it is really inappropriate to arrange the way for the boss.

When Wang Qi finished speaking, Xia Yu looked at him with a blank expression, wondering what he was thinking.

After a long time, when Wang Qi was about to be unable to hold it, Xia Yu said lightly, "This is not an example!"

"Yes Yes!"

Wang Qi was granted amnesty, his head lit like a chicken pecking at rice.

In fact, Xia Yu was not angry, he just reminded Wang Qi.

But having said that, Wang Qi's brain is really good, and his vision and view of the situation are also bigger.

Supporting Liang Dingbang is indeed beneficial to Xia Yu, making Liang Dingbang one of his spokespersons in the political world is very beneficial to Xia Yu, and it can stabilize and expand his influence.

And now it can also be used as a condition for the Liang family to let go of Guang'an Bank.

As for Liang Dingbang, Xia Yu also remembered who it was. Later, he was the chairman of the Hong Kong Securities Regulatory Commission, the chief consultant of the China Securities Regulatory Commission, the assistant director of the Independent Commission Against Corruption, and the deputy ** officer of the High Court. Independent non-executive director of Hua Xia Bank, Hua Xia Life Insurance, and New China Insurance.

So, this is a great talent that has not yet risen!

If he can be brought under his command, let him become his political agent, with the support of Xia Yu, it is really possible to help him reach the highest position, the worst, the top three positions are also conceivable.

At that time, if the political circles have the support of Liang Dingbang, Xia Yu's Jiuding series enterprises will be absolutely as stable as Mount Tai!

Of course, the premise is that Liang Dingbang can be brought under his command!

"It seems that when we acquire Guang'an Bank, we can invite him out to meet him!"

Xia Yu thought to himself, and kept this matter in his heart.

"Wang Qi, the acquisition of Guang'an Bank is up to you to execute. When the time comes, you can follow the method you said."

Xia Yu said lightly.

Wang Qi was overjoyed and nodded immediately and said, "Okay!"

"Pay attention to confidentiality!"

Xia Yu reminded.

"clear!"

Wang Qi solemnly assured.