Chapter 462 Traditional Banking
White Bank completed the business integration, and the investment business was completely abandoned. It is a traditional savings bank.
Wall Street was stunned by the sudden emergence of this large financial institution, knowing that William White had been buying the bank, but not that it had become a behemoth.
The consortium was taken aback and relieved at the same time. They don't care about those traditional banks, it's not their favorite area.
Of course, it's not that William White is unwilling to engage in investment banking, it's just that the water is too deep. Moreover, you can only choose between traditional banks and investment banks, and if you want to do everything, being spun off is the only outcome.
Today's major investment banks in the United States were originally comprehensive banks, but it is because of anti-monopoly that they have become more professional investment banks.
Naturally, there are many benefits, and without the spread income of drought and flood protection, they began to pay attention to various financial innovations. They did succeed in the end, and the United States became a financial freak.
The subprime mortgage crisis itself did not hurt much, and the US imperialists could definitely bear it. Add in the various products that have been derived, and it will be terrible. Don't talk about American imperialism, the world is enough to carry together.
All kinds of financial derivatives are not just starting to exist in the past few years. The elite of Wall Street is best at this kind of game.
Math is rubbish, which is a common phenomenon in the United States, and this does not include those who are Jewish. They are really proficient in all kinds of research on mathematical models.
Don't think that Lao Mei is really so generous and willing to let Jews occupy a place, in fact, they have no choice. Cowboys are good at robbery, but they don't know how to run a business.
William White didn't understand those complex financial derivatives either. Although he is already very powerful, he is still worried about being caught. On the surface, the more secure the investment, in fact, there are pitfalls everywhere, don't look at his money now, these pits, the world's richest man can't fill them.
Absorb deposits, then lend to people or businesses that need them, and have excess positions to buy various treasury bonds. In the face of such a conservative business strategy, Filson is really powerless to complain.
"Boss, this is too conservative, in the face of the current economic situation, we don't need to do this, right?" Filson still plans to advise you to at least two hedge funds or something.
"Filson, in my opinion, a bank is a bank, and I have my own investment fund, and there will be investment companies in the future, and the only one that will not participate is the investment bank. William White said in his heart, buddy is so hated now, if you really engage in any investment banking, if you can't co-opt yourself, you will definitely collapse yourself.
Only by returning to traditional business will they be helpless. No matter what kind of pit you have, buddy just won't participate.
"Well, that's fine. Filson had no choice but to accept it.
"Filson, if we do any kind of investment banking, it will not only destroy the current balance, but also make that group of consortia jealous, and most importantly, the Mi Fed is not very friendly to me. William White still trusted this chief staff member and thinker, and it didn't hurt to tell him that he was jealous.
"These old guys, do you say, they ......"
"Hehe, Filson, believe me, as long as the profit is enough, those greedy bed bugs will do nothing more than death. ”
This is not William White's alarmism, if White Bank becomes an investment bank. He has clearly become another consortium. If a bank has a problem, its assets will inevitably suffer.
How good it is now, the most traditional conservative banks are almost like the banks of the last century.
"Traditional banks, are you sure?"
"Yes, boss, it's not just a traditional bank, it's very traditional. ”
Seeing the strange expressions of his subordinates, the old guy couldn't help but laugh. Of course, William White won't do any investment banking, but what the hell is this very traditional?
"Is it necessary for him to internationalize such a bank?"
"I don't know, looking at that posture, he doesn't plan to go public, this will be a private bank through and through. Our analysis and Citi's analysis have no way of judging this behavior of it. ”
has played with the bank's Da Mo and Citi all his life, but there is no way to figure out William White's purpose, and the people who eat melons are even more at a loss. One thing is very clear, the level of risk is very low when you keep your money here, and of course, the return will be very low.
In the United States, not all deposits are protected, and if the bank fails, depositors can only consider themselves unlucky, and heavy losses are necessary. Now it looks like this one is good, and most of the deposits are protected.
The makeover of White Bank did not cause waves in the market. Depositors are even a little happy, and the wave of bank failures in the past two years has really hurt a lot of people.
William White is rich, which is not news at all in the United States. Don't you see people's PS2 need to queue up to buy? There is still a limit to purchase, Nima, what kind of money-making speed is this!
And that Tesla car, it seems to be very powerful. Although you don't have to say anything about queuing, you will have to wait at least a month.
Someone said that William White was engaged in hunger marketing, that was the case with game consoles, that was the case with Comic Weekly, that with cars, and that the things he produced were always lower than the actual market demand.
William White will not comment on this kind of complaint, it is really difficult for you to come up with such a concept as hunger marketing now. If you find it unambiguous, you can also try it.
The problem of overcapacity has never left this continent. All farms are trying to raise as many cattle as possible, and all factories are producing as much as possible.
Now that it's okay, there's a weird guy who sells everything and controls the inventory of everything, which is really hateful.
We produce things that we don't need in the market, and you obviously have market demand here, but you deliberately control the production capacity. Boss, can you give some orders, we can also produce that car, can OE do it?
Tesla's A-class car information has long been no secret, and the car companies of the United States and the footbasin have come to a conclusion that this car is very modest.
The most surprising thing is the foot basin, this Tesla is too strange. Neither as rough as the Mi country car, nor as refined as the European car. It's very similar to their products, but the biggest difference is that it seems to pay special attention to the safety performance of the vehicle.
The footbasin man can be sure that the sales of this car will not be too bad. Especially after Tesla announced the price, they were more sure of their judgment.
Tesla's A series is simply attached to the Corolla, and the price is only higher than the Corolla 5.
The Automobile Association of the United States of America was very angry, and this brand under the banner of the United States really made them very speechless.
Can we have a face? Do you, the so-called Tesla, have a dime to do with the United States?
I don't know if it has anything to do with it, but the consumers in the United States are very satisfied. They think that their country finally has a good car company, they are fed up with that kind of oil tiger, and they don't want to continue to pay for expensive maintenance costs.
。