Rebirth
Chapter 1008 The Super Black Hand Behind Wall Street
For CSCB (Standard Chartered Bank of the Century), there is indeed a lack of a top leader who can control the global banking industry. To be honest, Wu Jianmin does not have shortcomings, or else the three major banks will be reorganized after the merger and resume listing. Waiting for things, it will not be so long without a clear time.
After all, Wu Jianmin was just the president of a small California bank, and he was suddenly given control of the business of Standard Chartered and Standard Bank. Especially these two companies focused on Asia, Africa and other places. For Wu Jianmin, it was a little bit more than that. Ability category.
Wu Jianmin is also a savvy figure, and he is very self-aware. After clearing his own strengths and weaknesses, he offered to step down as president of the new bank group. He and Li Feng are also old friends, and he knows Li Feng's mind.
In fact, Li Feng did not treat others badly, and he has already entered the ranks of billionaires, and after waiting for Jamie Dimon to join, he will serve as the chief executive and president of the bank's retail business. He is the second person in the banking group. .
After drinking tea instead of wine with everyone, Li Feng turned his head and finally said to Larry Funk: "Larry, I think Bill has been in contact with you for a while, and we know the general situation. Although BlackRock is now independent, PNC holds nearly 8 floors of shares. In fact, BlackRock is still a subsidiary of PNC. Now it depends on you."
"John, I just need a word from you, the new BlackRock, can you guarantee that I will be in power?" Larry Fink asked with a serious face at this time.
"Larry, I think you should know my character. As long as you can guarantee my sincerity, I am very decentralized in meeting with my subordinates. You can look at Dominic, Bill, and the presidents of other companies under my umbrella. I'm complaining about why I didn't take power by myself and let them all get busy all day long. I think maybe you will'complain' like this in the future."
"I can testify about this. After the BOSS lets me control the bank, it basically doesn't care about how I do it. I just need to report my work to the BOSS by email every day. Of course, reporting needs to be truthful, not falsifying." Wu Jianmin also explained with a smile.
"BOSS is the person who knows how to delegate power best, and I can assure you." Bill Weilibei also interjected with a smile on the side.
...
"Since this is the case, John, do you have any intentions to completely take over the business of PNC Group?"
"Huh..., are you saying that PNC Financial Group wants to withdraw directly?"
"I can convince them, but I want John to exchange shares in Microsoft and Cisco in your hands."
"Can it be guaranteed that the previous PNC merged with BlackRock's business will be preserved?"
"Of course, BlackRock now controls 120 billion assets. Although most of these assets are raised, for most investors, they trust BlackRock to join instead of PNC.
Switching from PNC to Tianya Investment or St. John's Lee is no different for investors. Besides, nowadays, who doesn't know the name of your John's investment tycoon may be more convincing."
"You mean that PNC Financial Group has taken a fancy to the shares of Cisco and Microsoft in my hands?" Li Feng replied with a smile.
"Yes, since you proposed the merger, I have reported the content to the board of directors, and PNC Financial Group wants your shares in the two major companies. Of course, it is obviously not enough to rely on the shares of BlackRock now. , The details, you need to talk to them in person."
"OK, I'm very interested in this proposal, so it's so decided, Bill, Larry, you two will contact the PNC Group first to see what they think they are. Several technology stocks in my hands The value is not small, if they really want it, the cost is huge."
"Boss, don't worry, I will cooperate with Larry." Bill Willibe also responded with a smile.
"Haha... Today is really a double happiness. Don't leave today. Have dinner together tonight and you'll be ready at home. You can also try the cooking skills of the private kitchen at home."
"I have long heard that the chefs in the BOSS's house are all invited by the Michelin restaurant, so I'm very happy now."
"Then we have to taste it!"
"..."
...
No wonder Li Feng is excited. The joining of Jamie Dimon means that his banking group finally has a person who can truly control the overall situation. The top financial banker like Jamie Dimon controls the CSCB, which can guarantee the future of the bank. The road to expansion becomes smoother.
Similarly, if BlackRock can be controlled, it will be a consortium with assets of 5 to 6 trillion US dollars in the future. Compared with a super banking giant, it is not inferior. There are two major financial giants in hand. Li Feng is really a bit The feeling that can call the wind and rain.
In the two financial conglomerates, Li Feng himself will not hold any position in them. Even his personal shares only occupy less than 5% of the shares in CSCB Bank. At least his wealth is hidden in name.
As for whether both of them are willing to join, it is actually Li Feng's luck. Recently, it has been a critical period for both of them. Jamie Dimon will not say anything. The relationship with his former boss and the president of Citigroup has turned bad. Forced to leave Citigroup, and Li Feng's invitation was just right.
For Larry Fink, he wants to eagerly get rid of the control of PNC. Although it seems that BlackRock is just a new boss, Li Feng promised to ensure his position and comprehensiveness in BlackRock. Supported their own control of BlackRock; secondly, they also promised to dilute their shares in the future.
These are very attractive conditions for Larry Fink. Larry Fink is a true professional manager. Although BlackRock was founded by him, Larry Fink’s personal shares are not enough. 1%, what he wanted was only the right to take charge of the company, not the shares behind the scenes, but Li Feng met all his conditions.
These Li Fengs have been guaranteed, and will sign a detailed private agreement at that time, and there are more and more conflicts between the BlackRock management and the PNC management, and it is precisely under this premise. , Larry Fink will promote the possibility of Li Feng becoming a major shareholder of BlackRock.
It can be said that Li Feng chose the right time to cooperate with the two
...
And Li Feng happens to have the shares of Cisco, Microsoft and other companies that PNC Financial Group wants. Today’s Nasdaq technology stocks are surging, and Cisco and Microsoft are the most eye-catching among them. Gates students rely on Microsoft shares. For 4 consecutive years, he has slapped No. 1 on the richest man list.
Cisco’s stock and market value are even stronger than Microsoft’s. Yes, today’s Cisco’s market value has already caught up with Microgroup. Originally, in 1999, Cisco’s market value first exceeded 500 billion and became At that time the world's number one company by market capitalization.
Almost all financial institutions are optimistic about Internet technology stocks. After all, according to the current number of Internet users, compared with the global population, the current Internet users are only a fraction of the individual population. Does that mean the prospects of these technology companies are unlimited?
The market value of 100 million netizens is 200 billion. If it is 1 or 2 billion netizens, is it just trillions or trillions? It is estimated that under such blind optimism, it has led to the emergence of Internet bubbles around the new century. , And finally the bubble shattered.
In short, Li Feng’s shares in Microsoft, Cisco, and Sun Systems have become fragrant and coveted targets of all financial institutions. PNC Financial Group is no exception. They did not expect that this time because of BlackRock’s relationship, Li Feng would automatically It was delivered.
After roughly reaching an agreement framework with the two, Li Feng was also secretly proud that he would eventually become one of the super black hands behind Wall Street.
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