LATEST UPDATES

Published at 25th of December 2023 05:07:46 AM


Chapter 629: 【Chiba Bank】

If audio player doesn't work, press Stop then Play button again








Chapter 629【Chiba Bank】

In a villa in Tokyo, Wu Guangyao and his family are reuniting;

For a long time, Keka Kusano, Haruko, and the children of the two daughters have been very united, and they are no different from a family.

At this point, Lin Yueru and Li Cui are far behind, and Chris and Mrs. Sutton are also far behind.

Wu Guangyao and Hisano Keika and Haruko, two daughters, there are seven children in total:

Hisano Keika’s fertility status is: the eldest son Wu Xianying (1953), the eldest daughter Wu Feifei (1955), the second son Wu Xiandong (1959), and the third son Wu Xianchuan (1963);

The fertility status of   Haruko is the eldest son Wu Xiansen (1960), the eldest daughter Wu Jin (1965), and the second son Wu Xianlin (1978);

(These names are not on the certificate, used internally!)

Wu Xianying is married and has a son and a daughter;

Wu Feifei is married and has a daughter.

This is the situation of the members of the Wu family in Japan!

The next day, Wu Guangyao took Hisano Keika, Haruko, and Wu Xianying to the family office in Ginza.

When they came to the meeting room, the people were already there, including Morse, Peter Lynch and others from the family office, and Andri, Leihong, and Liu Yu from the Finance Department of Everbright.

"Good boss! Good lady!" "BOSS!"

Everyone got up to greet each other, and the identities of Keika Hisano and Haruko are naturally well-known to the top of the family office.

"Well, everyone!"

Wu Guangyao sat in the main seat, looking at everyone in a cheerful mood!

"Peter Lynch, I heard that you have a breakthrough about the family's entry into the Japanese financial industry?"

Peter Lynch nodded seriously, and said, “After our preliminary investigation and analysis, we have selected a bank as the starting point for the family to leverage Japan’s financial industry!”

As soon as I listen to the bank, everyone is coming!

Wu Guangyao said with a smile: “Japan’s major banks are basically controlled by consortia. It’s not easy to find a suitable partner!”

Peter Lynch said:

"Not bad! It is really hard to find a bank with a certain scale while avoiding large consortia;

But we did find a bank with good conditions in all aspects as a starting point for entering Japanese finance!

This bank is called Chiba Bank, which is a regional bank in an island country;

The bank was listed in 1971 and is a constituent stock of the Nikkei 225 Index.

Chiba Bank’s headquarter is located in the island nation of Chiba Prefecture, which is the largest bank in Chiba Prefecture.

Chiba Prefecture, on the other hand, is an important part of the Tokyo Metropolitan Area, one of the three major metropolitan areas in the island country. The sixth place among all counties.

Chiba Prefecture is the most important industrial concentration area in the island country, but it is in this place that Chiba Bank occupies 40% of the loan market share in Chiba Prefecture and more than 25% of the deposit market share in Chiba Prefecture.

In addition, Chiba Bank also has branches in Osaka, New York, London, and Hong Kong.

It has not been infiltrated by any of the six major consortia of the island nation!

In other words, there is no consortium behind it! "

Hearing this, everyone is very excited. Isn't such a good prey a godsend!

This kind of bank is an excellent acquisition target!

Wu Guangyao suddenly had some fragmentary memories in his mind. Chiba Bank seems to have developed into the ninth largest bank in Japan in later generations, with assets reaching 100 billion US dollars, ranking one of the two hundred largest banks in the world.

Such a good thing fell on Wu's head, Wu Guangyao couldn't help but get up and clap his hands!

"In this way, this bank can't escape our palms!"

Morse echoed: "We have a lot of liquidity, and we have no problem buying a bank with a market value of less than US$1 billion! However, in order to reduce unnecessary troubles and benefit the future development of Chiba Bank, we recommend this acquisition. In name, in the name of the Dongying family."

Hisano Keika, Haruko, and Wu Xianying flashed with joy on the faces of the three, and then looked at Wu Guangyao.

Wu Guangyao said with a smile: "What you said makes sense, so let's put all the shares acquired this time on the side of the Japanese family; of course, it is not that China Everbright Bank and the family office do not take the shares, and after the acquisition is completed, Then slowly enter the ranks of shareholders of Chiba Bank, which also reduces the chance of exposure!"

Acquiring and investing in a country’s banks, there are no legal issues;

In the past few years, there have been examples of Japanese banks acquiring banks in Hong Kong. Later, the second shareholder of Bank of East Asia is Sumitomo Bank of Japan.

But Wu Guangyao still decided to adopt the most stable method, that is, to purchase in the name of a woman and a son, and first become a major shareholder of Chiba Bank in one fell swoop;

After that, Everbright Bank will increase its stake in Chiba Bank a little bit, and finally become the second shareholder;

After that, the two banks conducted an exchange between allies!

Family offices do the same, the shares don’t need to be more, 5% is almost enough!

Acquiring overseas banks is not to make much money;

But if there is any change in the family in the future, then these family-holding banks located all over the world can borrow funds for emergency rescue;

Moreover, even if the family does not need financial support, the acquired bank will facilitate the family to carry out a series of business activities in this country.

Morse was very happy to see that his opinions were adopted;

"In this case, we have recently formed an acquisition team, first absorb some shares from the stock market, and then initiate the acquisition!"

Simple and rude, this kind of operation is exactly what you have money!

A hostile takeover is okay, anyway, Keika Hisano and his son Wu Xianying are out-and-out Japanese and will not be targeted!

After thinking for a while, Wu Guangyao said: "What is the current price of gold?"

Everyone was taken aback, wondering what the boss was doing when he suddenly changed the subject!

Peter Lynch quickly said: “Today should be around 490 US dollars per ounce, which is a full 300 US dollars per ounce drop from January’s 800 US dollars per ounce!”

Wu Guangyao nodded and said, “I will arrange for Sony to purchase 500 million US dollars of gold from Chiba Bank. After that, we will make a large loan from Chiba Bank to purchase real estate in Tokyo.”

Morse and others quickly reacted, what is Wu Guangyao’s move!

Morse said: "The boss thinks that the price of gold will skyrocket, and that Chiba Bank will misappropriate the funds we bought to buy gold, and finally expose the news in the media, which will affect the stock price?"

this?

The people in the conference room are confused for a while. Is this plan too naive?

Not to mention that Chiba Bank is not fooled, but why did the price of gold rise?

You must know that the reason why the price of gold fell from US$800 to about US$490 was that in addition to rising and falling, the President of the United States also intervened to crack down on some gold merchants and stabilize the US dollar.

Wu Guangyao said with a smile: "Will we proceed in our direction? It's just a gamble! But if we don't engage in Chiba Bank, the current management will definitely be in a firm position, which is not conducive to our subsequent entry into the core of the bank. Layer. Moreover, we’d better set this acquisition for a one-year period; during this year, we will slowly acquire part of the shares, so as to reduce some costs!"

Seeing Wu Guangyao's understatement, everyone will think that the price of gold will definitely skyrocket!

As for the misappropriation and not misappropriation of funds by Chiba Bank, then it can only be resigned!

While Wu Guangyao decided that the decisive battle for the acquisition of Chiba Bank will be one year later, there is another meaning;

That is, the price of gold this year will climb from US$500 to US$700 (affected by the Iran-Iraq War), but then it will fall to US$500 per ounce in March next year (After the Reagan administration took office, the high interest rate policy was implemented to make the US dollar exchange rate strong. A big blow to gold investors).

Repeatedly temptation and temptation at Chiba Bank, do not believe it is not fooled!

Even if it is not fooled, it is very reasonable to spend a year to deploy the acquisition.

Moreover, a detailed investigation is needed for the management of Chiba Bank;

After the new major shareholder comes to power, invite some banking professionals from outside to join the management of Chiba Bank;

Naturally, Wu Guangyao is unwilling to be just an investor. The influence of the Wu family will slowly penetrate Chiba Bank.

(End of this chapter)




Please report us if you find any errors so we can fix it asap!


COMMENTS