Chapter 999 New Prey
For the "prey" of Citibank, Standard Bank Group has never really moved the "murderous intention", he is just a "trick".
Indeed, in the "battle sequence" of the Standard Bank Group, Citibank is definitely not the indispensable one, and the presence or absence of him has no influence on the Standard Bank Group.
This is really not sour, nor is it bragging, mainly because there are indeed too many "soldiers" under the Standard Bank Group.
Standard Chartered Bank, Wells Fargo Bank, Mitsui Sumitomo Bank, Industrial Bank of Japan, Royal Bank of Scotland, National Westminster Bank, etc., none of which are much worse than Citibank. In particular, with the ownership of Wells Fargo, Standard Bank Group's influence in the United States is completely sufficient, and there is no need to swallow Citi to strengthen itself.
So, Standard Bank Group has never shown much interest in Citibank!
It's just that what Jamie Dimon didn't expect was that his "mentor" Sandy Weir and the Travelers Group actually wanted to merge with Citibank, so he had to intervene. In a word, as long as it can make Sandy Weir and the Travelers Group unhappy, Jamie Dimon feels that he has an obligation.
Therefore, Standard Bank Group decisively joined the battle for Citibank, and, in order to show its "sincerity", the price was quite high, and it was not afraid of losing money at all. It's very simple, Jamie Dimon just calculated that Citibank would never sell itself to Standard Bank Group, and it didn't matter how high the price was.
What's more, the higher the price, the more attention it attracts and the more sensation it causes, and the better it is for Standard Bank Group – they are about to hunt for a new prey.
Yes, Standard Bank Group is indeed eyeing a new prey, a "poor worm" that is about to be crushed.
Although this new prey can be regarded as a "pitiful worm", how can the "prey" that can be looked down upon by the Standard Bank Group be an ordinary "poor worm"? Even if it will eventually become a "pitiful worm", then it will definitely be a big man, otherwise it will not even be qualified to be favored by the Standard Bank Group.
Metropolitan Group, the world's top insurance company and the largest life insurance company in the United States – this is the goal of Standard Bank Group.
For the insurance industry, Standard Bank Group has always been coveted, there is no way, this is really a super profitable industry, and no financial group can turn a blind eye. However, because Standard Bank Group has been busy with the layout of commercial banks, investment banks, funds, securities trading and other financial services, it has neglected insurance for a while.
However, Standard Bank Group does not really have any insurance business at all, after all, Wells Fargo, Standard Chartered Bank, National Westminster Bank, etc. also have corresponding insurance businesses. It's just that these insurance businesses are all in the hands of its major commercial banks, and they are also valued.
Therefore, Standard Bank Group decided to set a flag in the insurance industry, and then integrated all its insurance businesses, so as to enter the insurance industry in a big way.
How to quickly intervene in an industry, Su Chenyu should know better than anyone else, after all, he is a skilled "greedy snake".
Originally, Standard Bank Group was ready to attack AIG, that is, American International Group, you know, AIA, which is wholly owned by AIG, is the largest insurance company in the pan-Asian region. Not only that, AIA and Suning Insurance are inseparable in China, so as long as AIG is done, AIA can be done once and for all.
However, I have to admit that AIG is indeed a difficult bone to gnaw, because this guy's shareholder background is too complicated, not only is it listed in many places, but the US government is also one of the major shareholders. As a result, it is basically impossible for Standard Bank Group to wholly own this big guy, and the U.S. government is not so easy to pass.
Therefore, the "prey" of the American Metropolitan Group flashed into the sight of the Standard Bank Group, although this guy is a little worse than the American International Group, but it is easy to get it.
Of course, Standard Bank Group is not without thinking about engaging in other insurance giants, such as Prudential, Aviva, AXA, Allianz, etc. Hehe, just think about it, none of these insurance giants are good at stubble, there are not only government forces of various countries behind them, but also major consortium forces, none of which are easy to mess with.
In the end, after choosing, Su Chenyu and Jamie Dimon found that the guy Metropolitan Group in the United States is the most "pure", as for the scale is a little small, it doesn't matter, take the aircraft carrier of Standard Bank Group, and worry about not being able to develop?
However, even if the American Metropolitan Group is "small", it can be regarded as an insurance boss, and countless people are staring at it. Besides, Standard Bank Group's acquisition of Metropolitan Group is an acquisition of more than $20 billion, and it is impossible not to attract people's attention. Therefore, if Standard Bank Group wants to deal with this "new prey" as calmly as possible, then someone has to be in front of it as a target to attract the attention of outsiders.
Citibank, the "target" chosen by Jamie Dimon, no one is more suitable than him, and the sensation caused by the $70 billion acquisition absolutely shocked Wall Street and the global financial circle.
In fact, Citibank did the task of "targeting" appropriately, attracting all the attention. You know, almost everyone's eyes are on Citibank, after all, the combination of Standard Bank Group and Citibank, the two major traffic explosions, brings more than just a 1+1 effect.
In addition, with the addition of this guy from the Traveler Group, Sandy Weir's master-apprentice "World War II" against Jamie Dimon is simply the rhythm of a bloody romance drama. In this way, how can anyone care about Standard Bank Group's secret acquisition of the American Metropolitan Group, coupled with the strong blockade of the SS media, so the whole thing has not leaked out at all.
It is no exaggeration to say that until the Standard Bank Group was about to eat the "new prey" of the Metropolitan Group, no one thought that the Standard Bank Group had actually given up its goal, and everyone had already been rubbed on the ground by Jamie Dimon's "mentor".