After thinking about it, Chen Hui continued: "After all, there are a large number of non-performing assets in the Portuguese banking industry, and a crisis may break out at any time! I know that they are short of funds! What do you think of the method I just mentioned?"

Mike Rees pondered for a long time and said: "Chairman, this may be okay, at present, the Portuguese banking industry is in a serious crisis, many loans have begun to default, and the banks have a lot of bad debts! Maybe they will really sell!"

Chen Hui nodded and said, "Then this matter will be handed over to you!"

The Portuguese banking world is indeed in crisis right now, and it won't be long before there will be a storm!

Mike Reese immediately spoke: "Okay, chairman, I will work hard to promote this matter, I know that some of them are experiencing a serious personal financial crisis, I think a reasonable price, plus a lot of honorarium, they will definitely be very excited!"

"Well, then I wish you success in advance!" Chen Hui said with a smile,

Mike Reese said: "I wish Standard Chartered Bank success, and I wish the chairman victory!"

The two chatted, and Chen Hui and Mike Reese began to talk about business in Europe.

At this time, Mike Rees said: "Chairman, in Europe, there are Barcco Bank, France New Bank, Deutsche Bank, HSBC, UBS, Union Bank of Italy, Dutch Commercial Bank... It's very difficult for us to do business, and the banking sector in Europe is almost saturated, and it's hard for us to squeeze in!"

"If Standard Chartered has enough money, then we can buy some big banks!

"At present, in Europe, many big banks have begun to encounter a crisis, they have a large number of non-performing assets! bad debts, I heard that the European Central Bank is considering monetary easing, otherwise the economic consequences of the euro area will become more and more serious, except for Germany, all euro zone countries have to follow in the footsteps of Greece..."

"Even if we have sufficient acquisition funds now, we need to wait for their market value to fall before we act!

Mike Reese immediately analyzed.

After hearing Mike Reese's remarks, Chen Hui nodded and said, "You are right, but it is imperative for Standard Chartered Bank to enter Europe!"

"Mike, you know Europe so well, then this burden will be handed over to you!" Chen Hui looked at Mike Rees and continued: "Mike, you have been promoted, from now on you will be the CEO of Standard Chartered Bank Europe, and concurrently the Executive Vice President of Standard Chartered Bank!"

Chen Hui immediately gave Mike Reese a level of promotion, which is a moat, and he is now on the same level as Bill Winster of Standard Chartered Bank.

Bill Winster is the Chief Executive Officer of Standard Chartered Bank Asia and Deputy Chief Executive Officer of Standard Chartered Bank!

Mike Reese immediately said solemnly: "Chairman, I will not let you down!", although Standard Chartered Bank's business in Europe is very small, but it is also the stage for him to show his talents, since the chairman wants Standard Chartered Bank to enter the European market so much, then it is also the time for him to play himself!

In the past, Standard Chartered Bank's strategic focus was on Asia, the Middle East, Africa, and in Europe, Standard Chartered Bank did not have any branches except in the United Kingdom!

Now Standard Chartered Bank has also begun to deploy globally!

He is also very much looking forward to the day when Standard Chartered Bank will become a world bank giant!

"Okay, Mike, let's have a drink!" Chen Hui immediately took out the wine he didn't finish last time from his wine cabinet, Islay Whisky Limited Edition! There is still half a bottle left!

Mike Reese looked at the wine bottle plated with platinum and crystal inlay, stunned for a while, reacted, and said excitedly: "Chairman, this $6 million bottle of wine was originally bought by you, hehe, I also have the honor to taste it today!"

"Here, cheers!"

After lunch, Chen Hui had lunch with Bill Winster, Chief Executive Officer of Standard Chartered Bank Asia, and Mike Reese, the newly appointed Chief Executive Officer of Standard Chartered Bank Europe.

At this time, Bill Winster said: "Chairman, the Swiss private banking division has found a buyer!"

Standard Chartered's Swiss private banking division now suffered heavy losses last quarter, squeezing it and making it unsustainable. And recently, tax authorities in countries such as the United States have been actively seeking to crack down on undeclared assets, which has led many banks to withdraw from the Swiss market, and Standard Chartered is no exception.

"Oh, who is it?" Chen Hui asked, "Since the business in Switzerland can't be carried out, let's sell which small private bank in Switzerland?"

"A private wealth bank owned by UBS!" Bill Winster looked at the chairman's face a little heavy, and continued: "After our investigation, it was UBS Group that handed over the evidence that our Swiss private banking department helped the American billionaires launder money to the US Department of Justice!"

"I don't know why they're doing this? They've been investigated by the U.S. Department of Justice, but this time they're going to get our Standard Chartered Bank into the water!"

Bill Winster said: "They seem to have taken a fancy to our clients! We charge lower interest and management fees than them, and this time we took advantage of the US Department of Justice to investigate money laundering and attack our banking business in Switzerland!"

Now that Standard Chartered Bank CEO John has left for Malaysia, Bill Winster has temporarily taken over John's job and has asked for a "full review" of the Swiss private banking division's business before selling it!

Mike Reese: "They're kicking us out of the European market completely!"

Today, Standard Chartered has no branches in Europe except for one head office in the United Kingdom, and the only Swiss private banking division is also being liquidated.

Chen Hui said: "Then let them be proud for a while, we can now narrow our focus to wealthy customers in Asia, Africa and the Middle East! Bill needs you to pay more attention to this! Don't let them grab customers anymore!" Singapore's sovereign wealth fund is one of the shareholders of UBS Group and has a certain say in UBS Group. Naturally, Singapore's sovereign wealth fund and UBS Group made a ghost, and this blow really hit the sore spot of Standard Chartered Bank!

"Okay, chairman, after careful investigation, it was found that the leak was because there was an internal ghost in the branch of Standard Chartered Bank in Switzerland!

Chen Hui also did not expect that Standard Chartered Bank would have an internal ghost in the Swiss private banking branch!!