394. Standard Chartered Bank's General Meeting of Shareholders (One Shift) Smashes the Vote!
Now they only own 29% of the shares, without the 10% support of HSBC, but only add 10% of Bank of America, that is, 39%, Temasek Holding Company owns 25% of the shares, and nearly 20% of the other shareholders support Temasek Holdings, which is a total of 45% of the right to speak, and they may completely pull themselves down! They have obtained the operation and management rights of Standard Chartered Bank, and as the largest shareholder, they can only sit and wait for death, and they will pay dividends every year.
"Mr. Chen, you don't have to be polite, we are friends, and my son is still working under you, and our HSBC is a competitor of Standard Chartered Bank, and the relationship with Temasek Holdings is also very poor," Ou Zhihua said with a smile.
This time, he helped Chen Hui so much, and Chen Hui will give him a very big reward in the future, and his son is also working under Chen Hui, so he should help Chen Hui with this favor. Moreover, HSBC is a competitor to Standard Chartered Bank in Asia, and it also has a very bad relationship with Temasek Holdings. Now the people of the HSBC consortium have also spoken out, fully supporting Chen Hui to completely sweep Temasek Holdings out of the company, as well as to stabilize the relationship with Chen Hui.
The two smiled and toasted again.
Chen Hui also glanced at George gratefully, this time he was able to win Standard Chartered Bank, and George also contributed a lot.
And he also needs George to support himself on the board of directors of Standard Chartered Bank.
"George, my brother, thank you for your great kindness, what will happen in the future..." Before Chen Hui could finish speaking, he was immediately interrupted by George
"My brother, I need your help in the future, don't shirk it when the time comes!" George laughed
For Chen Hui, this friend is indeed in line with his appetite, he is the person who has witnessed Chen Hui's rise all the way, when Chen Hui only had a few hundred million dollars, he took the initiative to befriend Chen Hui, and specially gave Chen Hui a black card! Step by step support, friendship plus human investment.
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Two days later, on January 3, 2014, Standard Chartered Chairman John held a press conference and announced the dismissal of Richard Martin, the group's executive director and chief financial officer, who had worked for the bank for more than 10 years.
At the same time, it was announced that in order to streamline the regional structure and achieve the purpose of activating new business growth momentum, the personal banking and corporate banking departments will be merged from January 9, and the internal division will be re-divided according to three different customer groups, and the three business modules are corporate and institutional customers, commercial and private banking customers, and retail customers, of which corporate and institutional customers will account for more than 60% of the new business. On this basis, it offers five categories of global products: Financial Markets, Corporate Finance, Trade Banking & International Settlements, Wealth Management, and Retail Banking.
John Chairman, Standard Chartered Bank, said: "The restructuring of corporate and personal banking will help lay the foundation for the next step in seeking new growth opportunities. โ
Today, Standard Chartered has been focused on serving emerging markets, with double-digit net profit growth over the past 10 years. However, since the end of 2012, the bank's development has encountered many difficulties, first due to heavy fines related to Iran sanctions, and at the end of last year in the South Korean market, Standard Chartered Bank has halted its rapid growth.
Standard Chartered Bank's announcement that it would restructure its core business unit and changes at the top caused the bank's stock to take a heavy hit, falling more than 5% on the day.
The next day, Standard Chartered announced the dismissal of Standard Chartered Bank's chief executive, Sin Bode, and the board of directors was ready to sue himยทยทยทยทยทยทยท
He immediately rushed to John's office in a rage, grabbed John by the collar, and yelled, "You bastard!!!Who did ????you do this?"
"Answer me!!"
"Do you know what you're doing!"
John immediately pushed away Zebod and said in a cold voice: "Of course I know what I'm doing! Now you've been fired, and I'll call the security guard!"
"You bastard, son of a bitch! Despicable villain! traitor!!"
"You won't succeed! Wait, Lao Tzu will call Temasek Holdings now to hold a shareholders' meeting!!!!!! you wait to step down!!"
"You traitor!!" Zebald shouted
"Please!" John shook his head with a sneer, the mall was like a battlefield, it was full of intrigue, full of betrayal, trickery, and unfortunately, this time Wash and Richard Martin became scapegoats and victims.
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ยทยทยทยทยทยทยทยท The next day, the general meeting of shareholders of Standard Chartered Bank was held!
Shareholders from all over the world gathered at the Standard Chartered Building headquarters. Unlike previous years, this time everyone saw a new face, too young to speak.
As the chairman of Standard Chartered Bank, John presided over the general meeting of shareholders.
"I am not suitable to be the chairman of Standard Chartered Bank, and now I choose to resign from this chairmanship!"
John's words immediately shocked shareholders large and small.
What do you want to do today!Is this guy an idiot!!! would say such a thing, and these shareholders who had supported John at the shareholders' meeting suddenly felt a burst of incredulity.
"John, did you take the wrong medicine!"
"John, are you having a problem with your head!"
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"Gentlemen, I'm sorry that I don't have the capacity to hold this position, and now I recommend a man of great ability to be the chairman!" said John again
As soon as John's words came out, everyone immediately understood
"Bastard, John, do you know what you're doing!! one shareholder yelled
"John, you traitor!!"
"Traitor!!"
"You despicable villain!"
At this time, the shareholders, who had always opposed John, also looked at all this with puzzlement.
A shareholder representative from Singapore looked at John with a look of affection and said, "John, good, good, you did a great job!
John didn't bird him, and immediately said: "Gentlemen, I recommend Mr. Chen Hui as the chairman of Standard Chartered Bank!"
"Next, I would like to invite Mr. Chen to come up..."
Before John could finish speaking, he immediately provoked a wave of opposition from below
"I'm against it!"
"I'm against it!"
"I'm against it too!"
"Against!!"
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In the entire shareholders' meeting, the vast majority of shareholders were opposed.
The shareholder representative of Singapore looked at John with a sneer, and the whole person looked like he was in control.
This John didn't know what medicine he had in his head, and he dared to be a traitor!
He glanced at Chen Hui and John with a sneer, shook his coffee cup gently, and took a sip with a smug expression. didn't care about this new face, and there was disdain between his eyebrows.
This shareholders' meeting has now become a vegetable market, and it is no longer possible......
At this time, Chen Hui walked up to the front desk without hurry, and he shouted loudly in a very cold tone: "Is it all ????? after he finishes speaking?"
Then Chen Hui looked down on all the shareholders who were opposed!
The originally noisy scene was suddenly silent, and Chen Hui's sudden outburst was shocked.