Chapter 538: The division of labor is clear

Chapter 538 has a clear division of labor

……

For a day, Guo Shouyun was holding an integration meeting between Phoenix Company and the National City Bank of the United States, and dozens of executives had problems. Wait until he answers them one by one, and after dealing with them, the time is also evening.

The high-intensity and long-term meetings made him physically and mentally exhausted. After a casual dinner, I went to bed. The next day, continue to work at the headquarters of the Phoenix Company, no, what should now be called the Phoenix Bank.

"Boss!"

Seeing Stephen pushing the door in, Guo Shouyun put down the documents in his hand and pointed to the seat across the desk.

"Sit!"

"Thank you!"

"Stephen, although the merger between Phoenix and National City Bank has just begun, this matter is a foregone conclusion. The latter details are not a problem to be handled in your ability. So, I would like to ask you, what are your plans for the next development of the company?"

As the CEO of the company, in addition to the daily affairs of the company's management, he should also have his own thoughts and opinions on the company's future development strategy.

"Originally, I was going to write a document to submit to my boss in a few days, but now that you asked, I'll talk about it briefly. … For the focus of the company's next development, I think it can be divided into two parts: domestic and foreign. ”

"Domestically, in terms of business, we must continue to strengthen Phoenix's investment in 'real estate subordinated bonds' and 'real estate secured debentures', and we have an advantage in this regard and should be strengthened. In terms of scale, we want to expand our bank network and assets by continuously merging community banks and small commercial banks. ”

"Why choose community banks and small banks?"

"Because these two types of banks operate more conservatively, they have fewer high-risk assets and are more closely connected to customers. In addition, the acquisition of small banks is convenient for integration into our corporate culture and development strategy, and reduces unnecessary internal friction. ”

Guo Shouyun nodded and motioned for him to continue.

"Abroad, we have to focus on China in business. At present, China is the country with the fastest economic development and the largest market scale in the world. The possibilities are endless. Almost all the investment banking and financial giants of Da Mo, Goldman Sachs, Merrill Lynch, Seymour, Citi are vying for business here. Moreover, China's major national banks and industry giants have recently sought to go public abroad, which is a once-in-a-lifetime opportunity for any investment bank. We must catch it. ”

Hearing this, Guo Shouyun couldn't help but sigh in his heart after nodding. From 2005 to 2010, in order to introduce overseas capital to make up for their own lack of funds, and to introduce international investment banks and financial consortia to improve their management experience and facilitate international investment, the four major state-owned banks in China began to list in Magic City and Hong Kong, and the underwriters were international investment banks and financial giants such as Goldman Sachs, Seymour, and Citigroup.

Goldman Sachs, for example, bought a 7% stake in ICBC for $2.58 billion when it went public, and after five reductions, it cashed out in 2013, making a profit of nearly $8 billion.

Compared with Goldman Sachs' return on investment, ICBC only got an 80% stake in the little-known Bank of East Asia in 2011 to obtain a license to operate a commercial bank in the United States.

It's hard to say whether it's worth paying such a price for the sake of an international bank!

There are also companies such as Ping An, PetroChina, and Sinopec that have the same choice as the four major banks. It can be said that the listing of China's state-owned capital is the world's largest capital feast in the first decade of the 21st century.

Some people say that this is the price that China must pay for opening up and moving towards internationalization. Others say that this is a mistake on the part of management. But no matter what, from Guo Shouyun's point of view, since it can't change the historical events, it can't let Phoenix Bank miss this opportunity.

"Do you have a goal?"

"Huaxia Industrial and Commercial Bank!"

Guo Shouyun touched his chin, "In this case, our competitor is probably the most powerful." ”

"If you want to choose, you will choose the best, and as for the competition, the boss's Chinese identity is our advantage. And going public can raise a lot of money for us, which is also our advantage. The only weakness is that compared with Goldman Sachs and Da Mo, our influence in the financial industry is inferior, and we may not be able to enter the eyes of the Chinese people. ”

Guo Shouyun nodded and pondered for a moment, "Let's contact the other party first to see the situation." If there is an opportunity, take the preferred stock first, and the price can be a little higher. ”

"Understood!"

"Also, ICBC can be the main target, but don't give up on the others. Also, since Huaxia is the focus of our international business, let Michael go to Huaxia. ”

"I'm afraid you'll need to call him personally. ”

"I'll cook a few dishes in the evening, you, Michael, and Reuben, go and eat them at my place together. We'll talk about it when the time comes. Guo Shouyun nodded and said.

Before Michael Moretz takes over Merrill Lynch, Stephen Bryan and Ruben d'Estaing will be at the heart of the management of the Phoenix Bank he created.

"It's a rare opportunity for the boss to do it himself, and it seems that I have to prepare a good bottle of wine. ”

"If you don't prepare, do you still want to eat white food?"

After a few words of laughter, Stephen Bryan was about to leave. The merger had just begun, and he had a lot of things going on there.

"Wait a minute, Stephen. ”

"This is Ivanka Trump's profile, which you transferred to Tim in the HR department to add her to the company's internship program this year. ”

Stephen Bryan nodded and took it.

"Wharton? That's good. But after looking at the photo, he turned his head to look at Guo Shouyun and smiled, "Boss, this Miss Trump is very beautiful, and she has a good figure." ”

Guo Shouyun could easily guess his thoughts from his tone and the expression on his face. But the things of men and women have always been darker and darker, and he doesn't bother to explain.

"Let her choose which department she wants to work in. … Go get busy!"

“OK!”

Stephen Bryan answered, then turned and left.

Looking at his back, Guo Shouyun couldn't help but shake his head.

"With Phoenix Bank, the cash flow will be much easier and more private in the future. However, the combined network of Phoenix Bank and Hanhua Bank still cannot cover the whole world, and more efforts will be needed in the future. ”

……

The dinner in the evening, under the deliberate guidance of Guo Shouyun, was naturally enjoyed by the guests and hosts. The future of Phoenix Bank has also been basically decided.

As Chairman of the Board, Guo Shouyun is responsible for the company's strategic planning and major decisions of the company. Stephen Bryan is responsible for the day-to-day management of the company, and Ruben d'Estaing is responsible for the United States, especially for the mergers and acquisitions and expansion of small and medium-sized banks and community banks.

In this regard, he can be described as experienced and skillful. In the last century, the National City Bank of the United States was able to soar from a medium-sized bank in Ohio with total assets of no more than $40 billion to the thirteenth largest bank in the United States in terms of total assets in just six or seven years. Ruben d'Estaing's ability to make successive acquisitions and optimize integrations has been invaluable. Leaving the company's mergers and acquisitions and expansion business to him is considered to be a good use of talents.

Finally, Michael Moretz is in charge of investment banking in emerging markets in Asia, especially in ChinaAMC. Michael has a keen eye in the investment field and has extensive experience and knowledge in the financial sector, but lacks experience in managing large companies. Giving him the fledgling business of Phoenix Bank is both a tempering and a test.

In this way, the division of labor among the core leadership of Phoenix Bank was completed.

……

"Boss, Jacques Vaughn, a reporter for Time magazine, wants to interview you. ”

Looking at the interview invitation handed over by Wang Jue, Guo Shouyun chuckled and said, "This guy is really persevering, this is the first time he has been invited?"

"It's the 19th time!"

"19 times, that's a rarity. After a moment's silence, "Where is he now?"

"Reception room at the headquarters of the Phoenix Bank. ”

Guo Shouyun nodded, compared to those reporters who just sat in his company's office, faxed him, and invited him for interviews. This Jacques Vaughn almost always had to go to his house, or to the company headquarters in the city where he was at the time. From mid-2001 to the present, Wang Jue has served as his assistant 19 times. But Guo Shouyun himself can't remember how many times.

"You reply to him, and I am willing to be interviewed by him. ”

"You... Accepted?" Wang Jue said in surprise.

"I like those who have perseverance!" Guo Shouyun nodded and said, "Also, let him bring a set of sportswear, and I will invite him to play golf." ”

"Okay, I'll call right away. ”

"There are some things that are just spread through the influence of "Time"!"

……

In the backyard of Upper Forest Garden, there is a nearly one-acre piece of turf that serves as both a landscape and a golf course attached to the villa. It's not big, but it's enough for a family.

"Mr. Guo, thank you very much for accepting my interview!"

Looking at the middle-aged man in front of him, with a thin face and a happy expression, Guo Shouyun shook his hand with a smile.

"Don't thank me, it was you who moved me with your perseverance. Otherwise, I wouldn't be interviewed. ”

"Mr. Guo, forgive me for taking the plunge. Why are you reluctant to be interviewed? Many celebrities see interviews as a way to promote their company or product. ”

"I don't like life in the spotlight. I don't like monkeys like circus people watching around. As for promoting the company or product, I think for them, what they really need to pay attention to is the management model, corporate culture and attitude of excellence, rather than focusing on publicity. Although the latter is important, the continuous improvement of 'internal construction and product quality' is the fundamental guarantee for the long-term prosperity of an enterprise. ”

"This is the fundamental reason why Mr. Guo's companies have grown rapidly and achieved an astonishing level of development."