Chapter 530: A Losing Business

Since the establishment of the Third International Bank, although its profitability is not weak, even more than that of most banks, it is based on the bank's own investment projects, and the fund custody and investment custody business that can truly reflect the characteristics of the banking industry is still zero so far.

Now Chen Dahe brought this business order, well, let's just think that some mysterious client handed it to the bank through him, this huge entrusted investment business with a budget of up to 500 million US dollars will be the first investment business of the Third International Bank, although there is a high security risk, but Jerome still wants to do it well.

Receiving the document bag into the briefcase, Jerome showed a hint of hesitation on his face, but it was better to endure it and stand up to say goodbye to Chen Dahe.

He knew that Chen Dahe still had to report to school today, and he only had a meeting with him at one o'clock in the morning, and now that the matter was over, he would naturally not occupy the boss's time anymore.

However, just a few seconds ago, Chen Dahe noticed his face, and immediately beckoned him lightly, signaling him to wait, "Mr. Jerome, it seems that you still have any questions?"

"This," a look of hesitation appeared on Jerome's face again, and after a pause of two or three seconds, he finally gritted his teeth and asked softly, "Sir, if there was a business that could foresee losses, would you choose to invest it?"

"Can you predict a loss?" Chen Dahe raised his eyebrows slightly, his heart became a little interested, and he raised his hand again to signal Jerome to take a seat, and then said curiously, "You want to recommend such a business to me? Then, it must have something very unique, right?"

If it weren't for that, Jerome wouldn't have recommended this business to him, well, in fact, Jerome really didn't recommend it just now, and only said this question under his questioning, but this at least means that he has considered it.

"Yes, the transaction amount of this business is not high, probably only about 20 million US dollars, but in the short term, it may make us lose about 300 to 5 million US dollars a year until it is profitable, but if we can master it, the Third International Bank will become famous in Europe, and it will be of great benefit to the development of the bank," Jerome showed a hint of yearning in his eyes, "Because, this is a supercar company, Lamborghini, do you know?!"

"What?" Chen Dahe sat up straight suddenly, his eyes full of shock, "Lamborghini is going to be sold?"

The world's top supercar, on par with Ferrari, is not only a sports car, but also a luxury item that is difficult for the world to touch, and such a company will be sold?

"Yes," Jerome nodded affirmatively, As early as the year before last, that is, in the 80s, Lamborghini Automobile Manufacturing Company declared bankruptcy, when it was acquired by the Swiss Mimran Brothers Automobile Company, but in the two years after taking over, Mimran has not been able to improve Lamborghini's business situation, and the annual investment in it is as high as two or three million US dollars, which is still the result of restricting the use of the company's funds, otherwise with the Lamborghini R & D team burning money, the cost will be at least 50 percent higher, and the investment of this fee has greatly dragged down the profitability of Mimran Company, making many shareholders of the company very dissatisfied with this, just last month, at a banking industry receptionMr. Mimran revealed that he wanted to sell Lamborghini, but none of the bank's executives at the time dared to make a positive promise, so I wondered if this would be an opportunity for the Third International Bank. ”

Now the competition in the automotive industry is becoming increasingly fierce, taking the United Kingdom as an example, at most there are more than 500 car brands in the UK, after a large number of bankruptcy mergers and acquisitions, now only less than one-tenth of the brand is still surviving, which shows the cruelty of the automotive industry, and Lamborghini is a hot potato in the industry, as early as the early seventies, the supercar brand dragged Mr. Lamborghini to sell the tractor company he relied on, and then insisted on operating in debt, until finally he could no longer borrow a penny, and had to declare bankruptcy。

Even the Mimran company was acquired, not for the sake of acquisition, but because they are the largest creditor of Lamborghini, if you don't take over this mess, this debt will become a bad debt, in order to give yourself a hope, you have to take over, of course, the attractiveness of this supercar brand also accounts for a little factor, but the reality tells them that Lamborghini is not so easy to take over, and now they only have two choices, either PUBG and save this company, or simply sell it, maybe lose a lot of money, but it is much better than losing all the time。

If the Third International Bank can win Lamborghini, it will inevitably attract the attention of the automotive industry and banking industry all over Europe, including the wealthy who pay attention to supercars, and the existence of this bank will also be discovered.

However, after being thrown by Chen Dahe today to invest a huge amount in the custody business, he decided to dispel this idea after consideration, although Lamborghini is good, but this is a mess is also an indisputable fact, opportunities and risks coexist, if it can be turned around, the Third International Bank can certainly be famous, but if it fails, it will inevitably become a laughing stock, now that there is a better choice, there is naturally no need to gamble on this.

But under Chen Dahe's questioning, coupled with the attraction of Lamborghini's words, he still said this idea, and now it depends on how the boss chooses.

And Chen Dahe's face was full of excitement at this time, what kind of risk to make money can manage so much, he only knew that this was a Lamborghini, everything was thrown aside first, and then the rest was taken down, and then he immediately pointed to Jerome and said, "Jerome, your idea is very good, now please put everything aside, the first task is to take down the Lamborghini, remember, in the name of the Third International Bank, I want all the shares!"

"No problem, now all the shares of Lamborghini are in the hands of the Mimran Brothers Automobile Company, since they have the idea of selling, they naturally will not keep it," Jerome was also a little excited, he didn't expect things to go so smoothly, he thought that Chen Dahe would not be interested in such a business that was destined to lose money.

"However, sir," said Jerome, "the opinion of the Lamborghini management team is also important, and without their support, the deal may not be completed, or if the deal is completed, they will leave, which would be a great disservice to the company." ”

"I understand what you mean," Chen Dahe said with a smile on his face, lying back on the sofa, "Tell them that the R&D fund of five million US dollars a year is not capped, and they do not need to be responsible for profits, and I only have one condition, that is, to build the fastest and best sports car in the world!"

"There is no cap, are you sure?" Jerome looked at him in surprise, "Sir, automobile research and development is a very money-burning industry, if they still experiment without scruples, maybe this cost will be several times, maybe more than 10 million, or even more than 20 million!"

Although he is not proficient in the automotive industry, it does not prevent him from understanding that car research and development burns money, after all, the financial annual report disclosed by large automobile companies every year is an astronomical amount in terms of research and development funds, although Lamborghini is only a small car company, but everyone knows that the research and development of this supercar is the most money-burning, in fact, if it is not limited by the number of research and development teams, I am afraid that this number he estimated will be doubled.

"Of course, sure," Chen Dahe nodded without hesitation, "just talk to them, as long as every penny is really used where it is needed, even if it is 30 million a year, I will give it, in addition, we will not interfere with their research and development progress, we will only send a management team to settle in, this management team has two roles, one is to serve them, and to supervise the use of funds, and the other is to sell the products they have developed, that's all." Mr. Jerome, you will be in charge of assembling this management team. ”

"Understood," Jerome nodded vigorously, as soon as he could not sit still at the thought of taking a Lamborghini into his pocket, he immediately stood up and said, "Sir, I will go to the Mimran company now, and promise to complete the deal as soon as possible." ”