Chapter 606: Three Banks
Tie Gerard Pat to the chariot, Xia Yu felt a lot more at ease.
This means that in British politics, he finally has a pawn that can give him a certain boost at many critical times.
Although he has a good relationship with the Howard family, the strength of the Howard family is too strong, and Xia Yu is not sure to tie it to the chariot for the time being, so when he uses his power, he has to be secretly wary.
In the face of interests, no matter how good the relationship is, it is possible to break down, as the head of a consortium, he must be cautious and cautious in this regard, and give himself more back roads and chips, so as not to be caught by others and cause irreparable losses!
He only believes in his own strength!
Relying on the sky and the earth, after all, it is better to rely on yourself!
For the next period of time, Xia Yu put his mind on the Bright Fund.
His career is still in the early stages of development, and he seems to have a huge amount of money now, but it is not enough to put it in front of a real big consortium, and every penny should be worth as much as possible.
There's nothing wrong with investing in the strategy of holding shares in large UK companies.
But there are too many large companies in the UK, and there are not only British companies listed on the London Stock Exchange, but also large companies from European countries, and Xia Yu's three billion US dollars can bubble up if they are put on it.
And he has a memory wealth of infinite value, and he puts his money in the stock market to invest in it to preserve its value, but it falls into the inferiority, and his purpose is to expand his influence from the beginning to the end, or to bury an opportunity for possible future acquisitions.
This kind of strategic planning exists in the previous acquisitions of shares in companies such as the Centric Group, South Scotland Power, and the National Grid of the United Kingdom.
As long as you catch a company that will increase tenfold or dozens of times in the future, you will make a lot of money.
Therefore, when Bright Fund wanted to invest in bank stocks, Xia Yu also participated, and selected the stocks of three companies.
HSBC Holdings, Standard Chartered Bank and Royal Bank of Scotland!
HSBC Holdings, which has several subsidiaries, including HSBC in Hong Kong, has a huge influence.
At this time, HSBC Holdings is among the top five banks in the UK, both in terms of capital and market capitalization.
Although HSBC Holdings' shares are relatively scattered, these shares are in the hands of major British families or consortia, and he heard that Duke Howard has a small part, so if he wants to acquire HSBC Holdings, even if the capital is sufficient, he will face the major family consortia in the United Kingdom, which is not something that money can solve, with his current strength, connections, status and influence, it is too difficult.
But that doesn't stop him from becoming a shareholder of HSBC Holdings, and it would be ideal if he could hold a 5% stake and win a seat on the board.
Fortunately, HSBC Holdings has already been listed and has absorbed 5% of the equity in the secondary market, which is still possible if you spend a lot of money.
As long as Bright Fund becomes a director of HSBC Holdings, then Xia Yu will be able to use the energy of HSBC Holdings to accelerate his rise in the future.
If one day, his strength is extremely strong, it is impossible to covet HSBC Holdings.
The second is Standard Chartered Bank, which is much worse than HSBC Holdings, and now the total capital cannot even enter the top ten positions of British domestic banks.
Not to mention the foreign banks.
Standard Chartered Bank, also known as Standard Chartered Bank, was formed in 1969 by the merger of two British overseas banks, namely Standard Bank of British South Africa and Standard Chartered Bank of India.
In the UK, Standard Chartered Bank is very weak, that is, after the merger and listing in 1969, it acquired the local Hodge Group and Wallace Brothers Group in the UK, so that it has a certain influence in the UK, but it is not strong.
Standard Chartered's strengths lie in Asia, Africa, the Middle East and Latin America.
In Africa, for example, Standard Chartered now has more than 900 branches and offices, which shows its horror.
If Xia Yu can buy Standard Chartered Bank, then his financial tentacles can instantly reach into Asia, Africa, Latin America and the Middle East, and with the help of Standard Chartered Bank's advantages, there are certain advantages in energy, mining and other fields in these places.
Not to mention that Standard Chartered Bank also has the right to issue 10% of the Hong Kong dollars, and it is also the second largest bank in Hong Kong.
If the acquisition is successful, with Standard Chartered Bank and Jiuding Bank in hand in Xiangjiang, Xia Yu can definitely compete with HSBC and become one of the two hegemons, and his influence will also skyrocket, and he will become the No. 1 Chinese tycoon in Xiangjiang at that time.
Because Standard Chartered Bank has business and loan relationships with more than 60% of companies in Heungjiang, such a high proportion is also because a company may have loans from several banks, and it can be a customer of Standard Chartered Bank and a customer of HSBC.
Of course, this is not important, as long as Xia Yu becomes the owner of Standard Chartered Bank, then he will instantly become the god of wealth and the big creditor of 60% of the companies in Xiangjiang.
At that point, it will be easy for him to buy any company he wants, and he will even be pleasantly surprised to find that Standard Chartered Bank has a stake in the company he wants to buy.
Just think about it!
Coincidentally, Standard Chartered Bank was not listed in Xiangjiang, but in London, England, which was extremely beneficial to Xia Yu's acquisition, and Xia Yu became their boss before the Standard Chartered Bank in Xiangjiang could react.
The last target, the Royal Bank of Scotland, is what Xia Yu values the most, and the same difficulty is estimated to be the largest, but it is also the most valuable.
The future Royal Bank of Scotland was once the largest commercial bank in the UK, the second largest in Europe and the fifth largest in the world.
In 2004, the market value rose to nearly 50 billion pounds, and the group's total assets reached 520 billion pounds, and by 2009, the total assets reached 3.5 trillion pounds.
However, the Royal Bank of Scotland, which will dominate in the future, is still only a little-known British regional commercial bank in the world at this time, ranking among the hundreds in the World Bank rankings.
Still, the Royal Bank of Scotland is not too bad, this ancient bank founded in 1727 is the largest bank in the Scottish region of the United Kingdom, with more than 700 branches and a 40% market share in the Scottish region.
The second largest market share in Scotland is the Bank of Scotland, at least the word Royal.
Both of these banks have a characteristic, which is that the capital is small, but it is very well managed and the fee income rate is particularly low.
At this time, the fee income rate of the Royal Bank of Scotland was only 54%, while the second largest bank of Scotland was even lower, only 48%, and now Lloyds Bank and Barclays Bank have a fee income rate of more than 60%.
It is precisely because of the low fee income rate that it is more conducive to the management and operation of the bank, although because of the small capital scale, it is undeniably a high-quality potential bank in the banking industry.
In the future, the Royal Bank of Scotland will be able to resound around the world, which is a big contribution.
Of course, from this point of view, the Bank of Scotland has a greater advantage than the Royal Bank of Scotland, why doesn't Xia Yu target the Bank of Scotland?