Archived Financial Talent

Chapter 512 Lin Feng Takes Action Against Citibank

Country M, Wall Street, Citibank headquarters.

Charlie looked at the dozen or so company executives sitting beside the conference table with a dark face. At this moment, they all lowered their heads and looked at the black conference table like frosted eggplants. People who didn't know thought there was something on the table. nice things.

"Why don't you talk anymore? The company usually pays you such a high salary, why can't you come up with some ideas now that something happened?"

At this time, only Charlie, sitting at the head of the conference room, kept roaring angrily in the entire conference room, and everyone else lowered their heads and dared not make a sound.

Charlie, the new CEO of Citibank.

At this time, the reason why he was furious in front of so many senior executives of Citibank was because the stock price of Citibank kept falling recently.

"David, tell me what good ideas you have for the current situation."

Charlie shouted at a middle-aged man sitting on his right, at this time the people below all turned their heads and focused their eyes on that man.

David, Citibank Risk Officer, is 50 years old and has worked for Citibank for decades.

David raised his head and looked at Charlie next to him. His eyes stretched out and flashed a helpless look, but finally he turned on the microphone in front of him and moistened his throat.

"I think the current company's stock price decline is also a good opportunity, and we can start the repurchase at this time."

Charlie's hair would explode at the suggestion.

"Of course I know that it is a good time to start the repurchase at this time, but don't you know that our bank is currently facing liquidity difficulties?"

Charlie's eyes fixed on David, like a hungry wolf staring at a sheep. It could be seen from the green light that he wanted to eat the man in front of him.

"You also know that the last time we had a bank run, it was the cash we borrowed from the central bank at a great price. Now you plan to let our company use a large amount of funds to return Do you want to buy shares on the market?"

David was uncomfortable being stared at by Charlie, and his whole body was cold. If it weren't for the fact that there were many people around, and the sun was shining outside the window at this time, he would have felt as if he was being stared at by a ghost.

"Charlie, what I mean is, we can find an ally outside all the time, let the other party buy a stake in Citibank, so that we can not only get a new ally, but also pull the stock price back up without spending money."

Charlie heard what David said behind him. Although his face was still stern, he didn't continue to growl loudly. Instead, he quickly thought about the feasibility of the suggestion David just said in his mind.

Originally, Charlie became the CEO of Citibank because the board of directors specially asked him to solve the current crisis of Citibank, so he also felt a huge pressure in his heart, especially the stock price of Citibank has been falling recently. The percentage is [-]%, and the shareholders on the board of directors are in a hurry.

Charlie knew that if he couldn't think of a way to solve the current problem, then he would end up the same as his predecessor, pack up and leave.

Charlie didn't want to leave. After all, he had coveted this seat for a long time. When Dave sat in this seat, he never had a chance to take his turn. Now that Dave had an accident because of the illegal loan to the Morgan family, the board of directors thought of it. he.

Although Charlie was very upset that the board of directors took him as a back-up staff, but after sitting on the CEO seat of Citibank, all the unhappiness has disappeared, and the most practical thing is to get benefits.

But Charlie knows that whether he can keep his CEO position depends mainly on whether he can solve the current crisis of Citibank. If Charlie can't solve the crisis of Citibank, then he will eventually Get out the chair under your butt.

"Please explain your thoughts carefully."

After thinking quickly in his mind for a few minutes, Charlie immediately felt that David's idea was not bad. If it could be done well, it might really be able to solve the current crisis of Citibank.

Although there was no emotion in Charlie's words, the senior executives present were all fools. As soon as they heard Charlie's question, they immediately knew that the attention David just said had attracted Charlie's attention.

Although everyone knows that if the current crisis of Citibank cannot be resolved, Citibank will not go bankrupt. In the end, it will be taken over by the government, and it is impossible for the government to fire all the employees.

But the people present here are all senior executives of Citibank. Once Citibank is really taken over by the government, their fate will not be very good. Even if they are not fired, they will definitely be demoted. After all, Citibank is in their What boss would dare to believe in their abilities when something happened to them.

Now that they realized that Charlie was interested in the new power that David mentioned just now, their faces were filled with joy.

If the plan David said is really feasible, then the crisis of Citibank can be resolved, and then they don't have to worry about losing their seats.

There was also a trace of joy on David's face. On the one hand, he didn't have to worry about being fired by Charlie as incompetent. On the other hand, once the plan he just made was really implemented, then he, as the proposer, would , how can I say that it is a great achievement, and the promotion and salary increase should not be too much.

David soon noticed that there was a hint of impatience in Charlie's eyes staring at him, so David quickly stopped the fantasy in his heart, and quickly said the method in his heart.

Although David's idea is still in its infancy, the people here are all elites in the financial industry. Although they have held high positions in the past few years and made themselves fat and fat, their brains are still very good. After David's lecture, they immediately perfected David's idea in their minds.

When David finished talking about the whole plan, the entire conference room was so quiet that even someone farting quietly could be heard.

At this time, everyone's eyes were on Charlie who was sitting in the first place. Although they had already calculated the feasibility of this plan in their minds, the final decision still needs to be decided by Charlie. If Charlie disagrees, then There is nothing they can do here.

Of course, Charlie knows what it means to focus on himself. He also deduced it in his mind many times just now, and thinks that David's plan is a good solution for the current Citibank.

It's just that the biggest problem at present is who to find to invest in Citibank.

After all, the composition of Citibank's shareholders is very complicated, so Charlie can't just find a rich person to buy shares at will. If this is the case, it will definitely be strongly opposed by the board of directors.

The person Charlie is looking for must be strong on the one hand. After all, Citibank's current liquidity gap is a bit large. If the person he finds is not strong enough, it will be useless.

Secondly, in addition to abundant funds, the most important thing is that this person also has abundant resources in other aspects, which can bring benefits to Citibank. In this case, it is the last and best choice for Citibank. After all, this is the reason why many companies choose to continue mergers and acquisitions, and it is for this reason that the opposition from the board of directors will be a little bit smaller.

The most important point is which force is willing to invest in Citibank at this time.

After all, the current global economy is not very good. Many giant companies are constantly shrinking their investment quotas. Even Citibank spent a lot of money when it applied for cash support from the central bank. In exchange for enough cash on hand to deal with the run on.

"Talk about it, how about David's proposal?" Charlie's eyes wandered around the conference room.

When the people below heard Charlie's words, they turned their heads to each other and made brief eye contact with the people around them. No one spoke. After all, they have worked together for so many years, and there is still a tacit understanding of eye contact.

"Boss, I think David's proposal is fine. The current situation at Citibank really requires an outside ally to help us."

At this time, a white man who looked older said, it seems that this man is more important in the crowd, otherwise he would not be allowed to start.

Charlie focused his eyes on the white man who was speaking, and said softly in his tone, "Then Mr. Rockefeller, tell me who we should ask for a shareholding?"

The man Charlie called Rockefeller was not only an old man of Citibank, he held an important position in the bank, and he also had a lot of power in his hands. He was also the spokesperson of the second shareholder of Citibank.

Just when Rockefeller was about to say something, the conference room was suddenly opened by a loud voice, and the eyes of the people in the conference room were all focused on the door.

At this time, a young Caucasian guy in his 20s was standing at the door with a flustered expression, probably because he was suddenly watched by so many big guys who couldn't get in touch with him all of a sudden, and there was bean big sweat on the young man's forehead The beads slowly slid down the cheeks.

"Who are you? What department are you in? Don't you know we're in a meeting?"

There was deep anger in Charlie's tone, and the veins on his forehead were bulging. If he hadn't taken his identity into consideration, he would have slapped the table and yelled.

At this time, the young man standing at the door had not had time to speak when a cold voice came in from outside the door.

"It's none of his business. I made him smash the door."

As soon as the words fell, an Asian man appeared in everyone's sight with several bodyguards.

(End of this chapter)