With Brexit, the financial market has been in turmoil, and a large amount of Galaxy Capital has flowed into the European continent, such as the Netherlands, the base of Galaxy Capital in Europe, and Germany, the regional economic center.

The Netherlands has already said that this is one of the financial centers in Europe, one of the most suitable places for the headquarters of multinational companies, and a typical offshore center. The German economy is the engine, the driving force of the EU economy. It is one of the most important sectors on the entire continent, and industries such as Saab Cars and Saab New Energy are moving to Germany. Yahoo, where Time has established an important division.

Britain is no longer suitable for the headquarters of Brexit, after all, it is a lot of trouble to get a visa or something, so why bother? Taking advantage of the fact that the ship is now small and has turned around, Galaxy Capital has returned to the European continent after a round of searching.

Of course, the UK is a land that is hard to give up, and its advanced technology and financial level here are extremely attractive. So East West Bank, a subsidiary of Galaxy Capital, has targeted the Royal Bank of Scotland, which he has a long-standing relationship with.

East West Bank's business outside of the Lighthouse is almost always taken over from the Royal Bank of Scotland except for the Chinese market, and they have great connections.

Compared to East West Bank's thriving, the Royal Bank of Scotland has not yet been privatized, and even in 2012 the Queen ordered the former Royal Bank of Scotland CEO Goodwin to be stripped of his knighthood, which before the financial crisis cost a huge sum of 71 billion euros or about $100 billion (70 percent of which was cash) to buy ABN AMRO. In 2008, it caused a huge loss of $34 billion.

Then the British court injected 45 billion pounds, which was basically nationalized, and began to sell assets to pay off debts, and East West Bank bought the retail banking business of Royal Bank of Scotland in Asia Pacific and India. In 2014, it was also preparing to sell the Citizen Financial Group Company in the lighthouse country to Huamei, but Huamei, which was in the digestion period, did not have enough funds, manpower and material resources, so it gave up the thirteenth in the United States, with a market value of more than $10 billion, 1,200 branches and more than 3,200 ATMs in 11 states, and 90 retail and commercial non-branches.

By now, Huamei has digested these acquired banks, and with the help of time, it has a complete IT system, and its credit card and online banking business has grown rapidly, with an increase in revenue, and a market value of more than $20 billion, ranking among the top 10 in the United States.

However, although it has operations in Asia Pacific and India, as a multinational bank or financial institution, Huamei does not have many international outlets, and it is not strong enough. If you can buy a company like the Royal Bank of Scotland, it will undoubtedly be able to greatly supplement your strength.

So in this time of chaos, East West Bank appeared, and he did not directly sweep the stock market, because at this time the British court was the largest shareholder of the Royal Bank of Scotland, and if East West Bank wanted to buy RBS, it had to contact the British court.

So Huamei contacted the RBS board of directors directly and contacted the British court.

According to the market capitalization, East West Bank is only more than $20 billion, RBS is close to $30 billion, and if we want to talk about history, it is even more difficult to compare; although RBS was a regional bank in the 20th century, it had hundreds of billions of dollars of acquisitions before the subprime mortgage crisis! Although this acquisition was a failed case, it can barely be said that "our ancestors were once arrogant!"

The story of an upstart pursuing a down-and-out aristocrat is a good story, but as an aristocrat, how could he be willing to marry himself? Fortunately, it is the time of Brexit, the pound has fallen badly, the stock market has fallen badly, and there may be more crises to come. It needed such a big acquisition to boost morale, so East West Bank got a response.

It is important to know that cross-border mergers and acquisitions, especially in some sensitive industries, such as high-tech and financial industries, are very risky. For example, Ping An invested 23.8 billion soft sister coins in the case of Fortis Bank.

The incident was linked to the huge losses of the Royal Bank of Scotland, when Fortis, RBS and Banco España joined forces to buy ABN AMRO for about $100 billion, of which there was about $70 billion in cash. The huge cash outlays brought the three banks to the brink of bankruptcy. RBS was nationalized by the British government, and the Belgian government made the decision to nationalize Fortis by buying all of Fortis Group's banking business, and subsequently sold 75% of its banking stake to BNP Paribas, and compensated investors in the EU, but not to Ping An, the largest shareholder (about 5%). By last year, even Ping An's request for compensation from the Belgian court had been denied.

The risks of cross-border acquisitions are significant, and East West Bank is no less risky. Fortunately, the British court needed some representative things to boost morale. They could even forgive News Corp.'s Murdoch for agreeing to their takeover of Sky. It can be seen that this time is indeed a good time.

East West Bank's acquisition of RBS, just a few days after July, the news came out, but not many people in China paid attention to it, mainly in Europe and the United States!

"East West Bank, a bank that has risen in the dark!"

"The representative of the digitalization of the bank!"

"Banks in the Information Age!"

If Goldman Sachs and Da Morgan, two banking groups that have transformed into investment banks, do not include Goldman Sachs and Da Morgan, then East West Bank can actually be ranked among the top 10 banks in North America, but unfortunately the transformation of the regulatory system in the lighthouse country has caused East West Bank's ranking to drop a lot.

East West Bank is promoting itself in the European Union, and the British court is also publicizing this important event! By the way, the news of News Corporation's acquisition of Sky TV was involved, and for a time the pound depreciated, and the news that the value of the enterprise was even more valuable was boiling in the capital market, so that the pound rose somewhat.

To be honest, the market value of RBS is less than $30 billion, which is really cheap, and as long as the EU region abandons monetary easing and raises bank interest rates, then bank profits will inevitably rise sharply. However, the EU economy is a whole, and low interest rates are beneficial to real enterprises, which is one of the inevitable choices for the EU to restore its economic strength. It should be decided according to the economic development of the EU region. There is no hope in the short term!

But it's really bold for such a big bank to buy it for $30 billion. If such a large enterprise can be acquired according to the market value of the company, then can Deutsche Bank, which also has a market value of only two or three billion US dollars, also buy at this price?

It's like if A-shares plummet and ICBC's market capitalization is less than $50 billion, how much hope is there for buying ICBC for $50 billion at this time?

Zhou Shi is not optimistic about the possibility of East West Bank acquiring RBS, but this kind of opportunity for the British court to cooperate with the propaganda is rare! Everyone is acting, see who is more exciting! Read the latest chapter of "The Rebirth of the Post-80s Legend Claw Book House" for free for the first time.