People in Hong Kong create super chaebols
Chapter 147
Chapter 147
"Boss, why didn't you say hello to me in advance when you came over? I'll go pick you up." Ouyang Hai was a little surprised when he saw Su Cheng.
After he took over Cali Bank, he actually met with Sioux City only once.
Of course, they had communicated many times on the phone. For some decisions that required Su Cheng's consent, he would call Su Cheng.
"Don't bother me. I came here this time because I have something important for you to do, so I came to you this time." Su Cheng pulled up a chair and placed it opposite Ouyang Haizheng, then sat down and said .
"Boss, please tell me, if there is anything you need me to do, I will do it perfectly!" Ouyang Haibian said while pouring drinking water for Su Cheng from a disposable cup.
"Don't worry, please tell me about the current situation of Bank of Cali." Su Cheng said with a smile.
“Okay boss, let me tell you briefly.
Since the change of business direction of Bank Clearley, I have carried out a major overhaul of Bank Clearley.
All previous ordinary customers have withdrawn their deposits, and we have completely terminated this business.
Our bank's previous loans, except for a few customers who were unable to repay their loans in time due to financial difficulties, other users currently repay their loans to our bank on time every month.
These are all businesses left over from the previous boss and can be easily solved.
Last month, before the business adjustment, I cooperated with Hutchison Decoration Company to renovate the bank, and then published the announcement of the business adjustment of Clear Bank in the newspaper. In addition, boss, you agreed that I would renovate the bank. The announcement of your bank has also laid a solid foundation for the operations of our subsequent banks.
At present, Kali Bank has hundreds of high-quality customers, and the huge amount of customer funds stored has exceeded HK$[-] million.
In addition, boss, except for Hutchison Whampoa Group, all the financial receipts and expenditures of your companies are handled by our bank, so the assets of our bank have now exceeded one billion Hong Kong dollars. "
Ouyang Hai briefly reported to Su Cheng, and at the same time, his face was full of smiles.
In the past two months, Bank Cali has undergone tremendous changes.
The previous Cali Bank had assets of less than 1000 million Hong Kong dollars, so it couldn't be any smaller.
But now, it has easily exceeded one billion Hong Kong dollars, and he has become a general manager in charge of assets worth one billion. Such a change in status is very astonishing.
Su Cheng nodded. There were some things he already knew.
For example, when Jiali Bank needed to be renovated, Ouyang Hai called him to report it very early. Then Su Cheng contacted Wei Li directly, and Wei Li arranged for his construction company to do it in the fastest and most affordable way. Helped to renovate the Bank of California.
"One billion Hong Kong dollars in funds is still too little, but next, our bank will make a big leap forward." Su Cheng said with a smile.
It's a pity that Hutchison Whampoa is temporarily unable to store the group's funds in its home bank. Otherwise, Cleary Bank's manageable assets will exceed HK$50 billion every minute.
However, it is already very good that Kali Bank can develop hundreds of customers in such a short period of time.
You know, since they changed the position of the bank from a general public bank to a private bank, the threshold for customers has increased significantly.
In Europe, the threshold for some private banks may be set at 100 million US dollars, but in Hong Kong, of course, it is in Hong Kong dollars, so the customer threshold set by Jiali is that the funds must reach 100 million Hong Kong dollars.
However, this is also due to the fact that Sioux City's reputation in recent months has been so loud. He is one of the super rich men who is on par with the charter king. Who doesn't trust the bank he opens?
Therefore, when Calibank reopened, it quickly accumulated a number of high-quality customers.
This is why Ouyang Hai feels that the future prospects of Jiali Bank are promising.With Sioux City as its big partner, it will be difficult for Calibank to develop even if it doesn't!
"What's the Great Leap Forward?" Ouyang Hai's eyes lit up and he became curious.
Su Cheng handed the intelligence information of Wandehan Bank to Ouyang Hai, and then said: "I came to you this time to ask you to do something.
My branch in the UK helped me find a bank that was for sale and I was ready to buy it.
At present, the bank information I have is written in the information you have.
Their bid of 1000 million pounds is a bit high. In addition, their conditions need to be changed. We cannot include the loan funds that have not yet been recovered into the selling price. Instead, we will give them to them when they are recovered.
So I am going to form a negotiation team and you will lead it to the UK for acquisition negotiations. I will give you several professional negotiation experts at that time.
If the acquisition goes well, our banking industry will begin to expand. Branches will be built in Singapore, Wanwan, Haojiang and other places. I will leave all branches in Asia to your management! "
According to information, Wandehan Bank currently has about 330 million pounds of loans that have not been recovered. Their boss’s sincerity in selling is that although the sale price is as high as 1000 million, this unrecovered loan will be included in the 1000 million pounds. Within that, they actually only sold it for £670 million.
In other words, if the conditions of Sioux City are followed, when will the money be recovered and when will the money be given to the current owner of Wandehan Bank? Assuming that the transaction is really completed at 1000 million pounds, Sioux City will only need to pay 670 million pounds.
Of course, Sioux City also hopes that the final transaction price will be as low as possible.
After all, 670 million pounds, converted into Hong Kong dollars, is more than 6000 million Hong Kong dollars. Su Cheng feels that today's Wandehan Bank is not worth this price.
After Ouyang Hai heard this, he was a little disappointed. It seemed that the future head of the head office was someone else.
But think about it, being able to be the general person in charge of Asia is already pretty good. People can't be too greedy. Now there is more hope than before.
"Boss, please rest assured that I will definitely do a good job in this matter. I am also familiar with the British side. I graduated from Oxford University and worked in a bank in London for five years. I am very familiar with the financial structure there. I just don't know Boss, what's your base price?" Ouyang Hai asked.
When negotiating, there must be a bottom price. He must have a bottom line in mind about how much the boss is willing to pay to acquire the bank. Otherwise, if the boss is not satisfied with the outcome of the negotiation, Ouyang Haike will burst into tears.
"Speaking of this, let me give you a number. The most I can offer is 900 million pounds. Of course, the lower the better. It will depend on your negotiation results. On the basis of 1000 million pounds, every 100 million less , I will give the 5% less to your negotiation team as a reward, so you don’t need to be under too much pressure." Su Cheng said with a smile.
"Okay, I promise to complete the task perfectly!" Ouyang Hai's eyes lit up when he heard the reward.
This reward is not small for him.
With his current basic salary, excluding performance awards and the like, it is only more than 2 Hong Kong dollars a month. After all, Bank Cali is a small bank, and the basic salary of the general manager cannot be that high.
Even if the negotiation is only 100 million pounds short, there will still be 5 pounds to be divided. The negotiation team will only have five people at most. If it is divided equally, each person can share 1 pounds, which is a full 9 Hong Kong dollars.
What's more, it's not that you can't negotiate a lower price. With the help of professional negotiators, you'll have a better chance!
Under the heavy gold, there must be a brave man.
Su Cheng believes that with huge rewards, this negotiation team will bring him beautiful results.
(End of this chapter)
"Boss, why didn't you say hello to me in advance when you came over? I'll go pick you up." Ouyang Hai was a little surprised when he saw Su Cheng.
After he took over Cali Bank, he actually met with Sioux City only once.
Of course, they had communicated many times on the phone. For some decisions that required Su Cheng's consent, he would call Su Cheng.
"Don't bother me. I came here this time because I have something important for you to do, so I came to you this time." Su Cheng pulled up a chair and placed it opposite Ouyang Haizheng, then sat down and said .
"Boss, please tell me, if there is anything you need me to do, I will do it perfectly!" Ouyang Haibian said while pouring drinking water for Su Cheng from a disposable cup.
"Don't worry, please tell me about the current situation of Bank of Cali." Su Cheng said with a smile.
“Okay boss, let me tell you briefly.
Since the change of business direction of Bank Clearley, I have carried out a major overhaul of Bank Clearley.
All previous ordinary customers have withdrawn their deposits, and we have completely terminated this business.
Our bank's previous loans, except for a few customers who were unable to repay their loans in time due to financial difficulties, other users currently repay their loans to our bank on time every month.
These are all businesses left over from the previous boss and can be easily solved.
Last month, before the business adjustment, I cooperated with Hutchison Decoration Company to renovate the bank, and then published the announcement of the business adjustment of Clear Bank in the newspaper. In addition, boss, you agreed that I would renovate the bank. The announcement of your bank has also laid a solid foundation for the operations of our subsequent banks.
At present, Kali Bank has hundreds of high-quality customers, and the huge amount of customer funds stored has exceeded HK$[-] million.
In addition, boss, except for Hutchison Whampoa Group, all the financial receipts and expenditures of your companies are handled by our bank, so the assets of our bank have now exceeded one billion Hong Kong dollars. "
Ouyang Hai briefly reported to Su Cheng, and at the same time, his face was full of smiles.
In the past two months, Bank Cali has undergone tremendous changes.
The previous Cali Bank had assets of less than 1000 million Hong Kong dollars, so it couldn't be any smaller.
But now, it has easily exceeded one billion Hong Kong dollars, and he has become a general manager in charge of assets worth one billion. Such a change in status is very astonishing.
Su Cheng nodded. There were some things he already knew.
For example, when Jiali Bank needed to be renovated, Ouyang Hai called him to report it very early. Then Su Cheng contacted Wei Li directly, and Wei Li arranged for his construction company to do it in the fastest and most affordable way. Helped to renovate the Bank of California.
"One billion Hong Kong dollars in funds is still too little, but next, our bank will make a big leap forward." Su Cheng said with a smile.
It's a pity that Hutchison Whampoa is temporarily unable to store the group's funds in its home bank. Otherwise, Cleary Bank's manageable assets will exceed HK$50 billion every minute.
However, it is already very good that Kali Bank can develop hundreds of customers in such a short period of time.
You know, since they changed the position of the bank from a general public bank to a private bank, the threshold for customers has increased significantly.
In Europe, the threshold for some private banks may be set at 100 million US dollars, but in Hong Kong, of course, it is in Hong Kong dollars, so the customer threshold set by Jiali is that the funds must reach 100 million Hong Kong dollars.
However, this is also due to the fact that Sioux City's reputation in recent months has been so loud. He is one of the super rich men who is on par with the charter king. Who doesn't trust the bank he opens?
Therefore, when Calibank reopened, it quickly accumulated a number of high-quality customers.
This is why Ouyang Hai feels that the future prospects of Jiali Bank are promising.With Sioux City as its big partner, it will be difficult for Calibank to develop even if it doesn't!
"What's the Great Leap Forward?" Ouyang Hai's eyes lit up and he became curious.
Su Cheng handed the intelligence information of Wandehan Bank to Ouyang Hai, and then said: "I came to you this time to ask you to do something.
My branch in the UK helped me find a bank that was for sale and I was ready to buy it.
At present, the bank information I have is written in the information you have.
Their bid of 1000 million pounds is a bit high. In addition, their conditions need to be changed. We cannot include the loan funds that have not yet been recovered into the selling price. Instead, we will give them to them when they are recovered.
So I am going to form a negotiation team and you will lead it to the UK for acquisition negotiations. I will give you several professional negotiation experts at that time.
If the acquisition goes well, our banking industry will begin to expand. Branches will be built in Singapore, Wanwan, Haojiang and other places. I will leave all branches in Asia to your management! "
According to information, Wandehan Bank currently has about 330 million pounds of loans that have not been recovered. Their boss’s sincerity in selling is that although the sale price is as high as 1000 million, this unrecovered loan will be included in the 1000 million pounds. Within that, they actually only sold it for £670 million.
In other words, if the conditions of Sioux City are followed, when will the money be recovered and when will the money be given to the current owner of Wandehan Bank? Assuming that the transaction is really completed at 1000 million pounds, Sioux City will only need to pay 670 million pounds.
Of course, Sioux City also hopes that the final transaction price will be as low as possible.
After all, 670 million pounds, converted into Hong Kong dollars, is more than 6000 million Hong Kong dollars. Su Cheng feels that today's Wandehan Bank is not worth this price.
After Ouyang Hai heard this, he was a little disappointed. It seemed that the future head of the head office was someone else.
But think about it, being able to be the general person in charge of Asia is already pretty good. People can't be too greedy. Now there is more hope than before.
"Boss, please rest assured that I will definitely do a good job in this matter. I am also familiar with the British side. I graduated from Oxford University and worked in a bank in London for five years. I am very familiar with the financial structure there. I just don't know Boss, what's your base price?" Ouyang Hai asked.
When negotiating, there must be a bottom price. He must have a bottom line in mind about how much the boss is willing to pay to acquire the bank. Otherwise, if the boss is not satisfied with the outcome of the negotiation, Ouyang Haike will burst into tears.
"Speaking of this, let me give you a number. The most I can offer is 900 million pounds. Of course, the lower the better. It will depend on your negotiation results. On the basis of 1000 million pounds, every 100 million less , I will give the 5% less to your negotiation team as a reward, so you don’t need to be under too much pressure." Su Cheng said with a smile.
"Okay, I promise to complete the task perfectly!" Ouyang Hai's eyes lit up when he heard the reward.
This reward is not small for him.
With his current basic salary, excluding performance awards and the like, it is only more than 2 Hong Kong dollars a month. After all, Bank Cali is a small bank, and the basic salary of the general manager cannot be that high.
Even if the negotiation is only 100 million pounds short, there will still be 5 pounds to be divided. The negotiation team will only have five people at most. If it is divided equally, each person can share 1 pounds, which is a full 9 Hong Kong dollars.
What's more, it's not that you can't negotiate a lower price. With the help of professional negotiators, you'll have a better chance!
Under the heavy gold, there must be a brave man.
Su Cheng believes that with huge rewards, this negotiation team will bring him beautiful results.
(End of this chapter)
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