Reborn Capital Madman

Chapter 1259 Big HSBC global brand, small HSBC mainstay

Author: Jie Zuo

Chapter 1259 Big HSBC global brand, small HSBC mainstay

At this time, the New Wellington Bank Group was in such a short-lived state. It successfully acquired the Bank of Midland and was about to privatize the Bank of Midland. It then inherited Bank of Midland's listing status on the London Stock Exchange.

In the transitional stage, therefore, the new Huifeng Bank Group’s reorganization of the board of directors now has relatively fewer constraints than the reorganization of the board of directors after it became a listed company.

For this rare opportunity, with the brains of the people who can enter this conference room, the participants want to fully grasp it.

The faction like Mitlan Bank, relying on the advantage of "local snakes", can't wait to express their opinions on how their many senior executives have both ability and political integrity, and what outstanding role they can play when they join the group's board of directors, and even

Mentioned that Sir So-and-so has a high social reputation in the UK and is a perfect candidate to serve as an independent director, and so on.

One basis for this confidence is the most superficial asset distribution of the New Wellington Bank Group. The Midland Bank faction accounts for about 50%, but in the eyes of other factions, it is a joke of greed and insufficiency.

.

Looking at Pierce talking, a look of dissatisfaction flashed in the eyes of the chairman of the board of directors of the new Huifeng Bank Group, Pu Weishi, because they, a group of Scottish fellows, are the traditional power group and have a limited number of board seats. The English group of Bank of England

If people swarm in, even if they don't seize power, they will easily become unbalanced.

You must know that even if you are repaired to pieces by CEO Gao, and finally have no choice but to surrender completely, the status and interests of the Scots group will still be respected.

According to usual practice, after a large-scale corporate merger and acquisition, a personnel purge is indispensable. It is not surprising that even president-level executives will be kicked out; but after the New Huifeng Bank Group acquired the Bank of Midland, there was no such thing.

There was a plan to abolish the bank, but the Bank of England faction was still greedy!

However, Pu Weishi was not in a hurry to express his position, because after all, he is the chairman of the board of directors. This position itself determines to be stable. According to the tacit division of labor, he has his own relatively young young men to show his momentum!

After Pierce finished his impassioned speech like a member of the British Parliament, Wen Zhiqiang raised a question, "How long does it take for Midland Bank to turn a profit?"

"This..." Pierce replied with a sigh: "It's not important. You have to know the status of the Bank of Midland..."

"We are a company. If profit is not important, what is important? At least it is very important now!" Wen Zhiqiang interrupted Pierce's words rudely, "I also want to remind everyone here that in order to successfully acquire the Bank of Midland

, Xiangjiang Hui Feng Bank has made a decisive and great contribution, and the debt pressure at the group level and the United States Ocean Millennium Bank cannot be ignored. The time for Millennium Bank to turn losses into profits cannot be judged. It is completely foreseeable that the next

In order to meet the capital turnover needs to deal with debts, Midland Bank can only rely on Heungkong Hui Feng Bank for the blood transfusion that is indispensable for getting out of trouble."

At this point, Wen Zhiqiang looked around the crowd, emphasized his tone, and expressed his opinion, "As the saying goes, contribution corresponds to power. Heungkong Hui Feng Bank's status as the mainstay of the group's board of directors must be respected, at least ranked among the group's member banks.

If you are not convinced that Bank of America and Bank of America are in the first place, you can compare their performance."

Seeing Pierce's speechless embarrassment, Ma Yongxiang, who represents the interests of Gaoyi Group, and naturally also represents the interests of Xiangjiang Capital, showed a faint sneer at the corner of his mouth.

After the stock market crash broke out, I spent nearly 200 million pounds to buy about 10% of Midland Bank shares from the stock market. I really just made a strategic value. Even the new Huifeng Bank Group fully acquired Midland Bank at a premium.

The bank's money has been deferred. Bank of Milan, which has an empty asset shelf, has the nerve to grab a board seat that has too much talent and is not qualified for it!

After a brief and slightly embarrassing silence in the conference room, it was the turn of Pu Weishi, the chairman of the board of directors, to appear.

He first appeased the Midland Bank faction represented by Pierce.

Pierce, you support the acquisition of Bank of Midland by the New Wellington Bank Group, instead of supporting the acquisition of Bank of Midland by Lloyds Bank. We see it in our eyes and remember it in our hearts. Therefore, as a reward, you join the group's board of directors.

,no problem.

Pierce finally didn't have to be so embarrassed, because he couldn't continue what Wen Zhiqiang had written before.

In terms of profitability, the current Bank of England and Ocean Bank of America combined are not as good as Hui Feng Bank. Ocean Bank of the United States survived through the difficult years by relying on blood transfusions from Hui Feng Bank.

.Can the British Bank of Midland dare to issue a military order and survive the current operating difficulties by relying on itself alone?

It was precisely because of the special characteristics of Heungkong Hui Feng Bank that President Gao Xiangao prevented the old Hui Fung Bank Group from running away with its money and its plan to relocate to London.

Of course, Pierce could also taste the subtext behind Pu Wei Shi's remarks.

We can all see that your motive, Pierce, for supporting New Wellington Bank Group's acquisition of Bank of Midland is not that simple. If Lloyds Bank acquires Bank of Midland, you group of executives will definitely be purged, and

New Hui Feng Bank Group will use you, but you have to know how to keep your position.

"Whatever plan Sir Puwes has, we will definitely support it," Pierce said knowingly.

Pu Weishi nodded slightly in a helpful way, besides that Sir Gao, who am I afraid of? Is your authority as the boss a plaything?

He smoothly proposed the new board structure of the new Huifeng Bank Group that had been planned for a long time. The chairman and president of the board of directors of Midland Bank, including Pierce, would join the board of directors of Huifeng Bank Group, plus a vice president in charge of finance.

, but this candidate needs to be re-appointed by the group.

Seeing that his status was officially guaranteed, Pierce breathed a sigh of relief and waited until Mittenland Bank turned a profit before thinking about how to change this situation.

Ocean Millennium Bank, like Midland Bank, has executives with three corresponding positions on the board of directors of Huifeng Bank Group.

In addition to the executives corresponding to these three positions, Heungkong Hui Feng Bank also has two board seats.

There are four directors under the old board of directors of the New Wellington Bank Group, including Mr. Puvis himself, who is from the Scots group, and has joined the new board of directors of the New Wellington Bank Group.

In addition, the Asia-Pacific region where Hong Kong Hui Feng Bank is located, the Americas region where the American Ocean Bank is located, and the European region where the British Ocean Bank is located, will each hire an independent director from the outside.

Finally, the new board of directors of New Huifeng Bank Group consists of 18 people.

By the way, the Huifeng brand globalization plan has also been proposed. Huifeng Bank of Hong Kong will no longer need to be moved. Ocean Millennium Bank of the United States will be renamed Huifeng Bank of the United States, and Midland Bank of the United Kingdom will be renamed Huifeng Bank of the United Kingdom. The rigor of the group

There is no need to distinguish between the names of the old Hui Feng Banking Group and the new Hui Feng Banking Group, which were separated by the failure of the plan to flee and relocate to London. It is accurate enough to just use Hui Feng Banking Group.

The reorganization of the Huifeng Bank Group’s board of directors is of great significance and has laid a solid foundation for the next work. In addition to the Huifeng brand globalization plan, there is also the Huifeng Bank Group plan to inherit the former Mitte

The Bank's listing status on the London Stock Exchange will make Hua Feng Bank Group a constituent stock of the FTSE 100 Index, similar to how Hui Feng Bank is a constituent stock of the Hang Seng Index.

As Huifeng Bank Group gradually announces the latest developments, the reaction from the outside world, including the financial media, is quite surprising. The management of Huifeng Bank Group, which is mainly composed of the Scottish gang, is a bit aggressive and puts it on the balance sheet.

The Mitland Bank group, which occupies half of the country, is very tight-lipped.

Looking at the size of the board of directors of Huifeng Bank Group, considering the size of the world's top ten banks, it is normal to have more than 20 people, but the result is only 18 people, which seems to convey a sense of leanness and efficiency.

Amidst such discussions, Huifeng Bank Group has entered a new stage along the route mentioned by Gao Xian, at least temporarily, and can calm down for a while.

(End of chapter)