Immediately there was a lot of discussion and a loud talk.

"What kind of fierce man is this, dare to beat Li Sijie directly at the shareholders' meeting!"

"Yes, Li Sijie didn't say anything at the shareholders' meeting?"

"Well played, I already saw that Li Sijie was unhappy!"

"Yes, this Li Sijie deserves to be beaten!"

·········

"What a domineering guy..." A female shareholder also looked at Chen Hui in surprise.

"People naturally came prepared, and they didn't overturn Li Sijie's strength, how could he be so arrogant and domineering!" another shareholder analyzed

"Yes, I heard John say just now that he has sold 9% of his shares to Chen Hui, and now he has 29% of the shares, and he is the largest shareholder of Standard Chartered Bank!"

"I see, plus 10% of HSBC, then you have 39% of the right to speak!"

"But 39% of the right to speak, not 50%, where is his confidence?"

"Yes, the representatives of Bank of America always abstained from voting!"

···············

Chen Hui looked at everyone with a sneer, and shouted loudly: "It's all !!! after the hell is finished."

"That's it, hurry up and vote! Don't waste Lao Tzu's time!"

At this time, John also stood up and said in a loud voice: "Gentlemen, then start voting now! Elect the new chairman of Standard Chartered Bank!" ············

"My 1% vote for Mr. Chen Hui!"

At this time, all shareholders began to vote, and while voting, they discussed privately

"I will never vote for him!"

"Me too!"

"I firmly oppose this guy being the chairman of Standard Chartered Bank!"

"I'm against it too!" How can this impulsive and rude guy be worthy of being the chairman of Standard Chartered Bank!"

"I'm against it too!"

There are also people who hesitate and hesitate, for them, the scene just now really scared them

"I'd better vote for him, this time Li Sijie will definitely lose the control of the board of directors!"

"This Li Sijie is a waste, this time Lao Tzu doesn't support him!"

"I also voted for him, Li Sijie, I didn't like him early!"

"Vote for him too!"

·············

An hour later, it showed that Chen Hui's approval rating was 55%, 38% were against, and 7% abstained!

Representatives of HSBC and Bank of America did not say a word halfway through, but just voted for Chen Hui.

There are also a small number of shareholders who originally supported Li Sijie also supported him Chen Hui, but most of them still supported Li Sijie.

Some centrists voted for Chen Hui, while others abstained.

Originally, Li Sijie's opposition had voted for Chen Hui's support, some voted against, and some abstained!

Chen Hui got his wish and sat in the position of chairman of Standard Chartered Bank, and secretly rejoiced: "The effect of beating Li Sijie today is really good! 5% more votes support me!"

·····

Li Sijie looked at Chen Hui angrily and muttered, "I didn't expect the representatives of Bank of America to directly support this bastard this time!!

Li Sijie not only clenched his fists!

"We warmly welcome Mr. Chen to the position of Chairman of Standard Chartered Bank!" John exclaimed, and then began to applaud.

At this time, only more than half of the shareholders applauded, and the rest did not make the slightest move.

Chen Hui, the new chairman of Standard Chartered Bank, slowly walked to the front desk, looked at the group of shareholders who did not applaud with a sneer, and said: "The next board of directors will be re-elected and the election of directors will begin..."

·········

After rounds of directors, after the election, Li Sijie was kicked out of the board of directors, Malaysian shareholders, South Korean shareholders, South African shareholders, Australian shareholders, Canadian shareholders, and Dongying shareholders all lost their positions on the board of directors, and all were proposed to the board of directors!

All shareholders who did not vote for Chen Hui before were also put forward to the board of directors.

Being kicked out of the board of directors means that they are only shareholders of Standard Chartered Bank, and they have no management rights and management rights, so they can only sit and wait for dividends.

They will no longer be able to receive any benefits from Standard Chartered Bank other than dividends...

Li Sijie and others left Standard Chartered Bank with a dejected face, like a group of gray wild dogs, and were kicked out of Standard Chartered Bank...

Before leaving, they all glanced at Chen Hui resentfully, but Chen Hui made a posture of a winner, and then gave Li Sijie and the others a hard middle finger!

········

The next day, Standard Chartered Chief Executive John held a press conference to announce the reduction of one-half of the positions in the bank's top management as part of the bank's measures to reverse the trend of declining profits in the past two years, which means that the original 1,000 directors of Standard Chartered Bank are now only 500, and as many as 1,000 senior managers will be eliminated.

The vast majority of the list of high-level layoffs at Standard Chartered are spokesmen for the interests of shareholders who were previously kicked out of the board.

At the same time, Standard Chartered Bank announced that it plans to lay off 20,000 employees and reduce expenses, and in the future, Standard Chartered Bank will target to shift to capital-intensive businesses, such as retail, private banking, wealth management, etc., and withdraw from institutional and corporate banking businesses in order to expand profits. More than $100 billion will be used to restructure the business. Tier 1 common equity capital ratio increased from 12% to 13%.

Standard Chartered expects to achieve cost reductions of US$2.9 billion between 2015 and 2018. The bank wants to restructure its costs to accommodate the new strategy, including liquidating losses on non-strategic assets and reducing book value, to achieve a total of about $3 billion by the end of 2016. In addition, a new risk tolerance framework will be put in place to reduce banks' exposure to China, India and commodities markets.

··········

This time can be described as a complete reshuffle and a major change of blood for Standard Chartered Bank.

John, the chief executive of Standard Chartered Bank, was dubbed the "cruel and ruthless executioner" by the internal staff of Standard Chartered Bank, and took up the big black cauldron!

Chen Hui sat elegantly in the chairman's office of the Standard Chartered Building for the past two days, personally asking Standard Chartered Bank to quickly break the wrist of a strong man, reorganize the business, reduce expenses, reduce costs, and those branches that have been losing money and are not operating well, some of them are directly cut down, or sell their business to other banks...

In addition to the restructuring, Standard Chartered also plans to implement a multi-year investment plan, including a plan to continue to expand its network, transform the retail banking sector and invest in a wealth management platform for private banks.

This time, in order to acquire Standard Chartered Bank, Blackshirt Capital used a total of $8 billion, which was just enough to make up.