Chapter 777: It's Not Worth It
George LaVine naturally hopes that Standard Chartered Bank will always be the overlord of Hong Kong, but now the situation has changed, and Standard Chartered Bank no longer has the strength to continue to maintain its position in Hong Kong.
In the past, due to the care of the British government and the Hong Kong government, they and HSBC received a lot of policy support, which allowed them to become the overlord of the financial industry in Hong Kong.
At present, not only the two flagship banks of the Lee Consortium and the Heung Kong Consortium, but also the East Asia and Heung Kong Asia Commercial Banks are also very strong, and once their advantages in the government disappear, their two major banks may not be able to compete with them in Heung Kong.
Moreover, there is another bank that has begun to show its hideousness, and the Bank of China has also begun to show its identity and status in Xiangjiang, and this bank will definitely compete for the hegemony of the financial industry in Xiangjiang in the future.
Once Xiangjiang returns to the mainland, then they Standard Chartered and HSBC will have no advantage at all, and they are ready to gradually focus on other areas of development.
There is no need for him to take such a risk, after all, he is only the chairman of Standard Chartered Bank in Xiangjiang, he is just an employee, and George Lavine does not want to bury his life in Xiangjiang.
He is different from Shen Bi, Shen Bi is the chairman of the board of directors of HSBC, responsible for the affairs of the entire HSBC Bank, and the current headquarters of HSBC is in Xiangjiang, Xiangjiang is where their foundation is, Shen Bi naturally does not want to see them suppressed by other banks in Xiangjiang.
George LaVine said: "Shen Bi, I can understand your feelings, it's just that we are just professional managers, there is no need to do such a risky thing, don't let yourself be ruined here for the rest of your life, once something happens, you and I are the best scapegoats." You're just getting paid, and HSBC isn't yours, so why bother?"
Shen Bi was very unwilling, he worked in HSBC for decades, after he took the helm of HSBC, the bank's performance was booming, and he was about to beat Standard Chartered and ascend to the throne of the First Bank of Xiangjiang, and the Li consortium entered the financial industry and gave him a painful blow.
When the Li consortium was just starting out, he was also optimistic about the development of the Li consortium, and he also promoted Li Guangyu, hoping to bring greater returns to HSBC in the future.
It turns out that his vision is indeed very good, whether it is Bao Yugang or Li Ka-shing and Li Guangyu in the back, they are all top Chinese figures in Xiangjiang, and they are all prosperous in Xiangjiang.
It's just that Li Guangyu's ambition is too big, and he Shen Bi knew that the Li consortium would enter the financial field, but he didn't expect it to come so quickly and so violently, and what shocked him the most was Li Guangyu's growing circle of allies.
In the past, the Xiangjiang Chinese family was more based on marriage and blood relationship, and such a force was not too strong, and the scope was not too large.
Now, the Li consortium mainly relies on the relationship of interests to form alliances, attracting a number of top family alliances in Hong Kong, so that the business of HSBC and Standard Chartered continues to decrease.
Shen Bi expects that when he retires from HSBC, HSBC will still be the overlord bank in Xiangjiang, and if he misses this opportunity, he is afraid that he will not be able to keep HSBC's position in Xiangjiang.
Unlike George LaVine, he has a lot of affection for HSBC, and he wants it to grow and become a hegemon in the world, which is why he proposes to do so.
He himself is well aware of the consequences of doing so, and the power of the Li Consortium should not be underestimated, once the government really agrees to their demands, the Li Consortium will soon be able to find out the reason, and then the media under the Li Consortium will directly point the finger at the two major banks and the Xiangjiang Monetary Authority.
At that time, it was time for them to engage in a public opinion war with the Li consortium, Shen Bi was not worried about this, they had countless reasons for suppressing the policy, as long as they could hit Tianyu Bank.
It's a pity that no matter how Shen Bi persuaded him, George LaVine was unwilling to participate in this matter.
He didn't believe that the ending would be as good as Shen Bi said, the Li consortium had told those forces who wanted to dig holes for them many times over the years, and it was they themselves who were cheated in the end.
He didn't want to be infamous for this, he only hoped that he could be transferred out of Xiangjiang as soon as possible and to other regions, he didn't want to get involved in these disputes, he had been physically and mentally exhausted for more than two years.
George Laven said when he got up to leave: "Shen Bi, you still have to leave a way back for yourself, not to mention that your proposal is very likely to be rejected by the Xiangjiang government, even if it is passed, I am afraid that you will not be able to get your wish, you think about the terrifying profitability of the Li consortium, most of their industries are in other regions, and they are directly settled in US dollars, which is enough to fill the loopholes in this regard, and our major banks are not within the business scope of Tianyu Bank." ”
"Laven, the reason why our Xiangjiang British-funded consortium is so miserable is because we have too many concerns, and we don't have the courage to break the cauldron and we all sweep the snow in front of the door, resulting in our British-funded consortium being broken by the Li consortium one by one, and now there are only two of our two major banks in front of the British-funded consortium, if we are still like this, I am afraid that you and I will fall next." ”
Shen Bi still hopes that George LaVine can make a statement to the Xiangjiang Monetary Authority with him, so that the success rate can be greater, and the probability of their HSBC alone being able to postpone the policy is too small.
George LaVine was unmoved by Shen Bi's words, he didn't want to fall into such a dead situation, Shen Bi was taking the interests of the entire Xiangjiang in exchange for an opportunity to attack the Li consortium, such a move was too crazy in his opinion, he was not so crazy, Standard Chartered Bank was not worth it to be able to give everything for it.
George LaVine said: "Shen Bi, Hutchison Whampoa Group was personally given to the Xiangjiang Consortium by your HSBC Bank, and the Wheelock Group is also your death and cannot be saved, and the Jardine Matheson Consortium can only give it to others because of many of your HSBC groups, and your HSBC Bank is not just sweeping the snow in front of the door, but it is still a stab in the back, so that the Chinese-funded consortium can easily acquire our British-funded enterprises." ”
Shen Bi was speechless by George LaVine, the only enemy of HSBC was Standard Chartered Bank, and in order to win over the Chinese family, he favored that side in many ways, causing the British consortium to suffer heavy losses, but it was too late to suppress the Chinese family.
The fault is that Li Guangyu is too ambitious, otherwise he HSBC would not be like this, most of the Chinese family banking business was in HSBC in the past, and now most of these businesses have been lost, especially the few people he is optimistic about, and all the business has gone to Tianyu Bank and Xiangjiang Bank, which has caused HSBC heavy losses.
Shen Bi said: "I really didn't think it through at the beginning, and I didn't expect that in just a few years, the Li Consortium would force our Xiangjiang British Consortium to this extent, and now I hope that the two of us can work together to deal with the challenges of the Li Consortium and the Xiangjiang Consortium." ”
"Shen Bi, this fact is a big matter, I can't agree with your suggestion, this matter will not do us any good, but may be burdened with infamy, and you have not thought about it later. Once you do this, the mainland market will always close the door to us, and you can only hope to enter the mainland market. You think about it, I'll go first. ”
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