"Good morning, boss!"

After seeing Xia Yu, Wang Qi immediately stood up and greeted respectfully.

Xia Yu nodded, and after sitting down, he went straight to the point and asked, "Which bank did you find?"

"Boss, you see, it's this, Guang'an Bank, this is the details of Guang'an Bank. ”

Wang Qi said and gave the investigation report to Xia Yu.

After Xia Yu flipped through it, he pondered it and found that it did meet the requirements.

In Xiangjiang, there are hundreds of large and small financial institutions, of which there are hundreds of banks alone, but most of them are small banks, accounting for about 75% of the total, medium-sized banks account for 20%, and large banks account for about 5%.

Guang'an Bank is a small bank, and its main business is commercial banking and asset management, and it has not obtained other business chain licenses such as securities issuance and insurance, but there is a subsidiary financial audit company under Guang'an Bank.

Kwong On Bank was established in 1938 by Mr. Leong Kai Yee, a former councillor and chairman of the Urban Council, and was taken over by Dr. Leong Teng Pong after his death in 1972.

Historically, Guang'an Bank would have been listed on the Hong Kong Stock Exchange in 1996 and acquired by the Development Bank of Singapore in 1998, before being forcibly delisted and renamed DBS Guang'an Bank, and in 2003, the bank was merged into DBS Bank (Heung) Limited.

However, at present, the capital of Guang'an Bank is about 200 million Hong Kong dollars, but the debt is 190 million Hong Kong dollars, the load rate is too high, the operation is average, and it has a total of 5 branches, which are located in Hong Kong Island, Kowloon, the New Territories, Omen and Singapore, but the branch in Singapore was just established the year before last, and the business is still in the pioneering period.

Although Guang'an Bank has many disadvantages and its business situation is not good, Xia Yu doesn't care at all, but is more satisfied, because the price of this acquisition will be lower!

Don't forget Xia Yu's original intention of acquiring the bank, the most important thing is to own the bank and let yourself have a capital turnover center.

To put it bluntly, Xia Yu just needs a banking license!

But if you want to apply for a banking license, it will take a while, and Xia Yu doesn't want to wait.

Even if you get a license, it will take a while to start all over again to set up a bank.

But Xia Yu is now alone and lacks time, he has no time to build a bank from scratch, his plan is almost about to be executed, and the bank is stuck.

So owning a bank in the cheapest way has become Xia Yu's first choice.

As for how bad the bank was before the acquisition, Xia Yu didn't care, as long as it wasn't insolvent, he wasn't afraid!

For example, Guang'an Bank has a capital of 200 million yuan and a debt of 190 million yuan, and the debt ratio is as high as 95%, which has exceeded the bank's normal debt ratio line below 92%, and the net assets are 10 million Hong Kong dollars.

But Xia Yu didn't pay attention to it at all, like his funds, there are more than one billion Hong Kong dollars, as long as they are put in, the debt ratio of Guang'an Bank can directly drop to more than ten percent.

And don't forget that Xia Yu still has a few large companies, if the capital turnover is also put in Guang'an Bank, then Guang'an Bank will definitely be able to become a medium-sized bank, and it is not the bottom of the kind!

As for the incomplete license of Guang'an Bank, almost only the two licenses of commercial bank and asset management, Xia Yu does not care.

Guang'an Bank does not have this license, it does not mean that Xia Yu does not!

Guang'an Bank lacks a license, Jiuding Securities Company almost has, as long as the acquisition is in hand, the two complement each other, more is also a waste, and Xia Yu has to spend a higher price.

Speaking of which, we have to say about the difference between banks.

In the world, except for those special institutions such as the World Bank, central banks, and policy banks, banks are mainly divided into two categories: commercial banks and investment banks.

The duties of commercial banks are financial institutions that act as credit intermediaries through deposits, loans, exchanges, savings, and other businesses, and their main business scope is to absorb deposits from the public, issue loans, and handle bill discounting.

General commercial banks do not have the right to issue currency, of course, because of the special nature of some places, there are exceptions, such as HSBC and Standard Chartered Bank, which have the right to issue Hong Kong dollars.

The counterpart to commercial banks is investment banks.

Investment banks are non-bank financial institutions mainly engaged in securities issuance, underwriting, trading, corporate restructuring, mergers and acquisitions, investment analysis, venture capital, project financing and other businesses, and are the main financial intermediaries in the capital market.

Investment banks are the term for the United States and continental Europe, merchant banks in the United Kingdom, and securities companies in island countries and continents.

So in fact, Jiuding Securities Company, owned by Xia Yu, is an investment bank!

There are three main organizational forms of investment banks: one is independent professional investment banks, which have many institutions all over the world, and they have their own business directions, such as Goldman Sachs and Morgan Stanley in the United States.

The second is the investment bank owned by commercial banks, mainly commercial banks through mergers and acquisitions of other investment banks, equity participation or the establishment of subsidiaries to engage in investment banking business, this form is very typical in Britain and Germany and other countries, such as HSBC Group, later UBS Group.

Third, the all-round bank directly operates the investment banking business, this form mainly appears in Europe, and the bank is engaged in the investment banking business at the same time as the commercial banking business, which is relatively rare now, and will not appear on a large scale until the United States implements the "Financial Services Modernization Act" in March 1999.

In the United States, the Glass-Steagall Act of 1933 stipulates that commercial banks must be separated from investment banking.

The purpose is to prevent commercial banks from harming the interests of depositors and diverting funds for investment while making depositors bear huge risks.

This system has been replicated and emulated by almost most of the world's most active financial industries and developed countries.

However, since the 70s, due to the development of mathematics, finance, statistics and other disciplines, as well as the development of science and technology and social changes, the operation of commercial banks has been difficult, and many banks have fallen into operational difficulties and even collapsed.

In particular, the world economic crisis of 1997 led to the gradual collapse of this system.

In 2000, Chase Manhattan Bank of the Rockefeller Consortium Financial Center and J. Morgan of the Morgan Consortium were the Chase Manhattan Bank. P Morgan merged with the company, and successively acquired several other banks, and finally there was an all-round hybrid **** group.

The emergence of Europe and the United States, island countries and other countries set off a wave of bank mergers and acquisitions, in order to better cope with the competition, a number of all-round hybrid banks appeared.

However, in this era, even in the special situation of Hong Kong, the emergence of all-round hybrid banks is not allowed.

But Xia Yu doesn't care, isn't it that after acquiring commercial banks, Jiuding Securities Company is not allowed to merge with it, and it doesn't matter to Xia Yu.

Even if you really want to do it, imitate the second model, like HSBC, let commercial banks hold a part of the shares of Jiuding Securities Company, and hand over the business to Jiuding Securities Company?

However, there is no need for this, because when the time comes, the commercial bank will be acquired as the financial center of its enterprises, and the shares will never be transferred, so it is a left-handed relationship, and there is no need to make more of such a move, as long as it can implement his will.

After such an analysis, Guang'an Bank is indeed a very suitable target for acquisition.

I just don't know how difficult it is to acquire?

Thinking of this, Xia Yu asked, "Wang Qi, are you sure that the Liang family will sell Guang'an Bank?"

When Wang Qi heard this, he nodded heavily and said, "Be sure!"

"Boss, the Liang family does intend to make a move, I have already found someone to verify this news, there is a reason for this, I will report it to you. ”

After the death of the head of the Liang family in 1972, the new head of the bank, Leung Ting-pong, is now in charge of the bank, but Leung Ting-pong's aspiration is to be in politics, and he has now obtained a barrister in private practice and is ready to join the Hong Kong government. ”

"And the Liang family is withering, and Liang Dingbang's only younger brother has no financial talent, that is, in this case, Guang'an Bank will develop like this, when it was in the hands of the old head of the Liang family, Guang'an Bank's debt ratio was about 90%, not to reach 95% now!"

"So if we want to buy Guang'an Bank, the Liang family should be willing to let go. ”

After Wang Qi reported in one breath, he hesitated, but continued stubbornly: "Of course, Liang Dingbang plans to enter politics, with the strength of the boss, you can completely use it as a help behind him, when they don't agree, if you throw out this condition, it should be no problem." ”

After speaking, Wang Qi lowered his head a little apprehensively, not daring to look at the deep gaze of the boss Xia Yu.

Although his starting point is good, he is still a little suspected of overstepping the road anyway, and it is really inappropriate to arrange the road for the boss.

After Wang Qi finished speaking, Xia Yu looked at him trembling expressionlessly, not knowing what he was thinking.

For a long time, when Wang Qi was about to lose his hold, Xia Yu said lightly: "Don't take it as an example!"

"Yes, yes!"

Wang Qi was like being amnesty, and his head was lit like a chicken pecking rice.

In fact, Xia Yu was not angry, but just reminded Wang Qi.

But then again, Wang Qi's brain is really good, and his vision and outlook are also greater.

Supporting Liang Dingbang is indeed beneficial to Xia Yu, making Liang Dingbang one of his spokespersons in the political circles, which is very beneficial to Xia Yu and can stabilize and expand his influence.

And now it can also be used as a condition for the Liang family to let go of Guang'an Bank.

For Liang Dingbang, Xia Yu also remembered who he was, who later ascended to the position of chairman of the Xiangjiang Securities Regulatory Commission, also served as the chief adviser of the Huaxia Securities Regulatory Commission, and also served as the assistant director of the Independent Commission Against Corruption, a temporary judge of the High Court, and an independent non-executive director of Huaxia Bank, Huaxia Life, and Xinhua Insurance.

So, this is a talent who has not yet risen!

If he can be gathered under his command and let him become his political agent, with Xia Yu's support, it is really possible to help him climb to the highest position, the worst, the top three positions can also be considered.

At that time, if the political circles have the support of Liang Dingbang, Xia Yu's Jiuding enterprises will be absolutely stable!

Of course, the premise is to be able to bring Liang Dingbang under his command!

"It seems that when you buy Guang'an Bank, you can ask him out to meet him!"

Xia Yu thought secretly and kept this matter in his heart.

"Wang Qi, the acquisition of Guang'an Bank will be carried out by you, and when it comes to the critical time, you can do it according to the method you said. ”

Xia Yu said lightly.

Wang Qi was overjoyed, and immediately nodded and said, "Okay!"

"Be careful with secrecy!"

Xia Yu reminded.

"Understood!"

Wang Qi solemnly assured.