Reborn Capital Madman

Because his relationship with the Germans is now close and Gao Xian has a higher level of deployment, he responded very straightforwardly to Deutsche Bank's intention to acquire Morgan Jianfu.

"Although Morgan Jianfu is widely questioned and criticized now, the high-end customer resources accumulated by Morgan Jianfu for a long time, such as royal financial advisors, are still very valuable, especially currently managing assets of more than $20 billion.

, is the leader in the asset management business." After Sir Gao said this, the topic changed and a twist that made Alfred Hullhausen smile relaxed on his face, "Gaoyi American Company has already

After acquiring Lehman Brothers, even if the relationship between Gaoyi and Gaoyi is two units with parallel development, from my perspective, Gaoyi's acquisition of JPMorgan Jianfu cannot bring more than Lehman Brothers.

Great value.”

The subtext of this sentence is easy to understand. Gao Yi is not unaware. At this time, Morgan Jianfu was extremely weak and was a great opportunity to take the opportunity to take it into his pocket. But we are good brothers. Obviously, Deutsche Bank needs Morgan more than Gao Yi.

Jianfu can make up for the shortcomings in international investment banking business, so that Sir Gao will become a beautiful person.

Alfred Hullhausen immediately made it clear that after Deutsche Bank acquired Morgan Kinfus, Gao Yi's five-percent interest in Morgan Kinfus was not affected, and Deutsche Bank was also willing to buy back these shares at a high price. In short,

As Sir Gao said, everyone is good brother, everything can be negotiated.

Taking Morgan Jianfu as a bargaining chip, Sir Gao naturally has the conditions. For example, the simplest thing is that some of the employees of Morgan Jianfu are moving to Gaoyi to continue to improve and strengthen Gaoyi's camp in Europe, especially further facilitate the deployment of the Hui.

The encirclement of Fengban's escape from the west.

Alfred Hullhausen agreed and humbly asked Sir Gao for advice to ensure that he won the advice of Morgan Jianfu.

Although Thatcher's government has fully liberalized the British financial market, it has aroused the enthusiasm of international giants to acquire large-scale acquisitions for the City of London Securities, investment banks, etc., even the British own commercial banks and insurance companies,

They have also joined the acquisition tide, but Morgan Jianfu has its own special status after all, and some invisible barriers are inevitably real, and it can be confirmed that it is not only Deutsche Bank, which has the idea of ​​taking advantage of the situation.

On the other hand, London is Gao Yi's base for operating in Europe. In terms of understanding and mastering the British market, it is obvious that it has advantages over Deutsche Bank.

Not disappointing Alfred Hullhausen, Gao Xian analyzed it casually, first of all, Morgan Jianfu must admit one thing, that is, the acquisition by Deutsche Bank, which is a perfect match, because in today's capital market

In the situation, the scale of Morgan Jianfu’s own capital is really a little lower, and it is very disadvantaged in securities underwriting. This is also one of the main reasons why Morgan Jianfu’s securities business department has always performed poorly.

Alfred Hullhausen nodded and smiled. Indeed, what Deutsche Bank lacks the most is financial resources, and this is definitely the card that can be the best.

The reason why Morgan Jianfu is now being criticized is extremely fierce, in addition to the increasing shady scenes of the British financial industry in recent years, even the frequent occurrence of senior players being cheated. It can be said that it aroused public anger, its own mistakes cannot be ignored.

First of all, because there is business competition with Morgan Stanley on the opposite side of the Atlantic, JP Morgan has caused conflicts of interest, and Morgan Jianfu has separated from the Morgan consortium. It is really hard to make a final conclusion between gains and losses. Take the British Central Bank - England

For the bank's board seats, there have been no signs of director Morgan Jianfu for many years.

Secondly, in the successful business of JPMorgan Construction, asset management always ranks first, and emerging mergers and acquisitions ranked second. It can be said that it is progressing rapidly, and the price paid, including selling off the trump card of old customers, comes to the door.

The hostile acquirer, i.e. new customers, who can provide greater benefits, have really lost many character, and the Guinness transaction scandal is a very obvious example.

In addition, while JPMorgan Jianfu was rushing into the acquisition and merger business, he was frigid about several privatization projects promoted by Thatcher's official residence, which made No. 10 Downing Street, London unhappy.

After the Guinness transaction scandal was exposed, the Bank of England made severe criticisms of JPMorgan Jianfu, and the British government did not see a powerful slander. In addition, this year, the UK is in the year of the general election, and JPMorgan Jianfu, who is angry with the public, has

Signs of being sacrificed to heaven.

Gao Xian finally shook his head regretfully. Morgan Jianfu lacks long-term strategy, and short-term gains and losses will not help solve the deeper problems of the company's mechanism. Going into battle lightly and accepting the acquisition of Deutsche Bank should be the best way out.

Alfred Hullhausen said happily that he hoped that the old antiques on Morgan Kentfor's board of directors would be aware of these issues and make informed decisions.

"But, Deutsche Bank would be better off having some patience, because I think Morgan has not yet reached the end of the road." Gao Xian said leisurely: "For Deutsche Bank, the most ideal way to play should be

He appeared as a white warrior and offered a high price to protect Morgan Jianfu, thus convinced those conservative directors.”

"In addition, during this waiting process, Morgan Jianfu would be better able to deal with some non-performing assets, such as the poorly performed securities department and its more than 200 employees, which can reduce Morgan Jianfu by about one-eighth in one go.

redundant staff.”

"The ideal way of appearance that Sir Gao said is really Gao Yi's style." Alfred Hulhausen laughed, "but after Morgan Jianfu dealt with the non-performing assets, it will definitely become a hot topic.

The acquisition target is now.”

Gao Xian shrugged, "That's not right, Deutsche Bank can make a brilliant debut as a white warrior."

Alfred Herhausen thought for a long time and finally asked: "Christopher Reeves doesn't seem to resign from this level. Will he stand on Deutsche Bank's side?"

Gao Xian shook his head, "It's hard to say how long Christopher Reeves can stay in the position of CEO of Morgan Creative Commons. According to the information I have obtained, I don't know if he cherishes his feathers.

The board of directors of JPMorgan Jianfu submitted its resignation twice, but the board of directors of JPMorgan Jianfu did not agree. It is said that it could not find the ideal candidate for MPMorgan Jianfu, who is in a turbulent manner, for a while."

Alfred Hullhausen looked at Sir Gao, "People sitting in the position of CEO of Morgan Kentucky must have enough friendly attitude towards the two strategic investment shareholders, Deutsche Bank and Gao Yi.

”