At seven o'clock in the evening, Masayoshi Kishimoto was already sitting in one of the best private rooms of the Kiraku Haute Japanese Restaurant. When he waited until the door was beaten open again, Yamada Mirai personally led the two men in.

One of the two men is older and entering old age, and the other is much younger and has entered middle age. They are the people Kishimoto wants to meet.

The two men sat cross-legged in front of and behind Kishimoto directly across from Yoshimoto. Before they sat down, he took the initiative to bow deeply towards Masayoshi Kishimoto, who was sitting without getting up.

In Japan, the act of the elderly taking the initiative to bow to the younger only indicates that the person has a higher social status. They straightened their backs, and the expressions on their faces were quite serious.

Even if the dishes were served on the table one after another, and the wine was filled with the empty cups in front of Yamada Mirai himself, it didn't make the two relax for a moment.

They knew very well in their hearts that tonight's meal could be described as a veritable Hongmen banquet. Even so, we had to make a final fight.

The old man suddenly moved his body backwards, and directly bowed his hands to the tatami mat and said, "Please let us go!"

Subsequently, the middle-aged man on one side also imitated the appearance of the elderly, and also bowed to the tatami mat with both hands and said, "Please." ”

"If it's really useful for you to do this, then why should I bother?" Kishimoto showed complete indifference.

In the world of capital, the law of the jungle is the most basic law of survival. The reason why I stared at this small bank called Sanye was to integrate and improve my current financial chain.

Hard Capital is his entrepreneurial work and the largest wholly-owned subsidiary of Hard Gold Group. Hard capital companies are actually an investment bank, or investment bank for short.

In Japan, investment banks tend to come in the form of securities firms. At the beginning, Miyazaki Tatsui joined a medium-sized securities company after graduating from Waseda University, not because he was at the bottom of the Waseda University graduates, but because he was the best.

That's a job that requires layers of selection and successful people who have passed five hurdles and six generals, after all, investment banking in the financial field is extremely difficult to enter.

It's just that the other party's luck was not very good, and it encountered the Asian financial crisis in 1997, so the original company went bankrupt.

Prior to this, the most famous Shanyi Securities also collapsed and went bankrupt. Although the bankruptcy and collapse of Yamaichi Securities was not directly related to the Asian financial crisis in 1997, it was also because this last straw broke the donkey's back.

The root cause of the real bankruptcy and collapse of Yamaichi Securities is that the economic bubble that began to collapse in Japan in the late 80s brought huge losses to it.

In 1989, Yamaichi Securities and Hanwa Kogyo were involved in improper securities trading, which was also to make up for the losses concealed.

In January 1992, Yamaichi Securities' losses had reached 109.3 billion yen. In December 1996, it lost another 150 billion yen due to the disposal of non-performing loans.

In July of the same year, under the forced search of the Japan Securities and Exchange Supervision Commission and the Tokyo District Public Prosecutor's Office, it was found that Yamaichi Securities Company had provided illegal funds to the "head office" with the nature of a criminal syndicate, resulting in the arrest of the general manager of Yamaichi Securities Company.

At the end of August, 11 senior management leaders, including Chairman Yukehei and Manager Miki, resigned, discrediting Yamaichi Securities in the eyes of customers.

Moody's also declared that its bonds were not creditworthy, and Fuji Bank, the closest ally of Yamaichi Securities, also left it, and without Fuji Bank's capital injection, Yamaichi gradually came to an end.

Although Mitsuba Bank is a small bank located in Nakano Ward, it is a commercial bank. There is an essential difference between an investment bank and a commercial bank.

In the process of playing the role of financial intermediation, investment banks are financial intermediaries for direct financing, while commercial banks are financial intermediaries for indirect financing.

Large commercial banks or all-round commercial banks will also carry out investment business, that is, play the role of investment banks.

The general small commercial bank generally does not have this business item, that is, its own capital is not enough to support it to carry out this kind of high-risk and high-return business, and even the investment period is still long.

Once the investment fails, it will directly affect the safety of its own liquidity funds, and there will be a run. This is also the thing that commercial banks fear the most.

Their main financial project is to absorb deposits from depositors, large and small, and then lend the deposits through the credit department to companies or factories that need funds, and use the interest rate difference to make a profit.

In addition, it is to promote financial wealth management products to earn commissions for some depositors of the bank, and use the depositors' funds to buy and sell stocks, securities, foreign exchange, gold, and futures to a certain extent...... Or, when peers lack funds, they use the overnight lending rate to make a profit, etc.

Kishimoto is to forcibly eat the Shamrock Bank and make a hostile takeover by bullying the small. The two men who bowed in front of him at this moment, one was the president of the Trimrock Bank, and the other was the special manager of the Triumpa Bank.

Masayoshi Kishimoto picked up the sake on the table and drank it as soon as he raised his head and said, "Let's talk about the most practical things!"

"We didn't lose money at Shamrock. You're a hostile takeover. The president of the Shamrock Bank stood up and plucked up courage.

"I've never denied that my actions were hostile takeovers. There are two ways to force me to give up, one is MB0, which is a management buyout.

Another method is the White Knight (when a company becomes a target of mergers and acquisitions by other companies, it is usually a hostile takeover. The company's management, in order to prevent a hostile takeover, sought out a "friendly" company to merge, and this "friendly" company became known as the "white knight".

In general, there is a high probability that a "white knight" with management support will succeed, and the company's managers, with the support of institutional investors, may even become "white knights" themselves and implement a management buyout. Kishimoto said unabashedly.

He paused at this point, raised his right index finger, and then said, "I remember that the two of you have worked for the Trimrock Bank for many years.

Here you can also give the two of you one more choice, that is, the golden parachute (also known as the golden parachute, which refers to the senior management of the company, after losing their original job, the company gives them rich financial security, which was first produced in the United States.

"Gold" means generous compensation, and "parachute" means that executives can avoid the shock of a change in control of the company and achieve a smooth transition.

This strategy of making the acquirer "bleed" is one of the "poison pill plans" of anti-takeovers. The principle can be extended to the retirement compensation of various reasons for the operator. And these compensation include stock options, bonuses, severance pay, etc. ）。 ”