Lu He finally came from New York, and since meeting with the future president of the Royal Bank of Scotland, Zhou Shi and Lu He have more ideas about the bank. In general, it is greedy, but there is no one in this world who is not greedy. Although it didn't have much to do with Tianhe Securities this time, once the hostile takeover was decided, Lehman's role was still indispensable, so Gregory followed.

"How about the discussion in the meeting of the hundred?" Zhou Shi asked Lu He, they wanted to buy or control East West Bank, naturally they wanted someone to make peace with it, and it would be best if they could win it bloodlessly.

"It's not good, compared to Galaxy Capital, everyone believes in Wu Jianming's ability more!" Lu He

This is not easy to do, the bank operates a relationship, there is no business without a relationship, and they do not have the talent to operate the bank, if Wu Jianming is not allowed to stay, the future development of East West Bank is not easy to say. Although it is possible to re-hire, the turmoil that comes with it may have a serious impact on the company's subsequent development.

"It would be good if we acquired it directly, East West Bank is now worth less than a billion dollars, and it is easy to complete the acquisition with our strength, and we have already acquired a lot of them, and Huamei is now raising more funds in order to replenish the capital, and we have a high probability of success. Gregory doesn't see this as a problem, he has a lot of experience in buying a small company, and their resources are seriously unequal, and there are not many people who can help East West Bank and Wu Jianming in this time period when they avoid all kinds of financial assets.

"But don't forget, our future business strategy is to connect the rich people in mainland China with Europe and the United States, and serve as the best channel for their overseas investment, and if we can't maintain a good cooperative relationship between the two places, it will not make much sense for us to buy East West Bank. Although Zhou Shi knew that the acquisition was not difficult, he still didn't want to do it.

"But we have more than that!" said Gregory

"Oh, is there a better goal?" Zhou Shi

"IndyMack Bank, which went bankrupt last year, is a good example, and its main assets are concentrated in California, with $13.9 billion in assets. "Gregory

"This bank hasn't been bought yet, and no one has done it?" Zhou Shi

"Indymac Bank was taken over by the U.S. government's Federal Deposit Insurance Corporation (FDIC), and Goldman Sachs partner Steven Mnuchin joined forces with Soros, Paulson, the investment firm of billionaire Michael Dell, and J. Sachs. Christopher Floers, among several other former Goldman Sachs executives, has formed an all-star consortium that is buying IndyMack Bank with an offer of $1.5 billion. "Lu He

"Oh, you can make this a post-selection target. Zhou Shi glanced at Gregory and didn't say much, it was normal for Lehman's old department to have hatred for Goldman Sachs. However, Goldman Sachs is one of the biggest winners in the subprime mortgage crisis, and Zhou Shi really does not dare to directly confront them. As a nouveau riche, he could only watch **** buy Washington Mutual, the largest savings bank in the United States. Although it is still within their ability to take down a bank of IndyMac's size, Zhou Shi does not want to be easily offended. Moreover, in their vision, the future customers of Galaxy Capital's banks will mainly be the Chinese community. Based on this, we will gradually expand.

"Even without IndyMac, we have a lot of options, like First National Bank, which is similar in size and market capitalization to East West Bank. Besides, with more than 100 bankrupt banks in the United States, isn't it enough for us to choose?"

"In this case, we are contacting shareholders in the market to acquire the shares of East West Bank, and then directly contacting Wu Jianming. Zhou Shi said to Lu He, Galaxy Capital, which controls tens of billions of funds, can't it take a small bank with a market value of only one billion, then hell.

"Okay, I'll try my best to convince him!" Lu He reluctantly agreed

Zhou Shi knew that the current president of the Committee of 100: Fu Luren, a satisfied person, graduated from Georgetown University, served in the U.S. Army for 33 years, with the rank of major general, and served as the director of the Judge Advocate General's Office. He retired in 1993 and served as President of McDonnell Douglas China and Vice President of Boeing China. In 1985, the Shanghai Aircraft Factory cooperated with the American McDonnell Douglas to assemble and produce the MD82 passenger aircraft. Since 1992, the two sides have started the assembly of the new model MD90. With the acquisition of McDonnell Douglas by Boeing in 1997, the domestic large aircraft was completely cool. Although before Zhou Shi's rebirth, COMAC C919 made a lot of breakthroughs, but the core technology ......

In the end, Zhou Shi and Lu He still made an appointment with Wu Jianming to meet together.

Wu Jianming is actually a very powerful person, born in Xiangjiang, and began to steadily develop East West Bank from a savings and loan bank with only $600 million in assets serving Los Angeles Chinatown into a full-service commercial bank in the 90s of the last century. Later, East West Bank's assets exceeded 30 billion US dollars, and the market value exceeded 10 billion yuan, and his ability should be said to be impeccable, but it may be that there is no capital support, or a conservative style, so they did not get much benefit in the financial crisis.

"Compared with Mr. Wu, we already know the intention of our visit this time. "Zhou Shi

"I do know, but ......" Wu Jianming still wanted to refuse, but he was still very jealous of the strength of Galaxy Capital, especially Lu He Zhoushi's Chinese background, even if they forcibly acquired it, there may be fluctuations in the short term, and in the long run, it may not have a bad impact on the company's business, but will make great progress because of the development of the Chinese economy, which is also the reason why he is a little hesitant.

"Don't worry about this, let me talk about the reason why Galaxy Capital suddenly wants to buy East West Bank, we have the opportunity to acquire some of the assets of RBS in Asia, including RBS's retail banking, personal finance and commercial finance businesses in Taiwan, Singapore, Indonesia and Hong Kong, as well as corporate banking in Taiwan, the Philippines and Vietnam, involving 54 branches, including $3.2 billion in loans and $7.1 billion in deposits, and 2 million wealthy customers. Zhou Shi said slowly in his magnetic voice, Zhou Shi at this time made people unconsciously ignore his current age.

"I think this is a key step for East West Bank to internationalize from a regional bank, if we have the support of funds, East West Bank can also acquire more bankrupt banks in the United States, with Mr. Wu's ability I think there should be no problem in running a bank with assets of 300-50 billion US dollars, and in a few years, a bank with assets of 100 billion yuan will not make Mr. Wu more accomplished than the current Huamei?"

Talking about human favors is not unique to China, and there is a lot that can be written about who the Federal Deposit Insurance Corporation (FDIC) is going to hand over to the bankrupt banks. As a Chinese-American, the difficulties in developing in the financial field are already greater than those of ordinary people, and only strong strength can crush all injustices. Galaxy Capital can't do this, but it's still possible to ensure some fairness. The acquisition of a bankrupt bank will put Huamei's own management into great risks, but Wu Jianming is not so naïve if he wants to grow without taking risks. In many cases, East West Bank doesn't even have the opportunity to participate, but with Galaxy Capital, it may be different!

(End of chapter)