After some haggling, Link and Chairman Jiang reached a preliminary agreement.

Link will buy new shares in the Meiya Group for $100 million. After that, he will own a 15% stake in Meiya Media Group. However, it will take five years for those shares to get their rightful rights.

However, that is only a preliminary intention, and if this agreement can really be established, it needs to be approved by the board of directors of Meiya Media Group before it can take effect.

It's the next thing, and Link can entrust a lawyer to handle it. McCully was in New York, and Link could take care of the rest.

After having a lunch with Chairman Jiang, Link sent the other party out of the hotel. Not long after he returned to his hotel room, a waiter brought an envelope, which was an invitation to a birthday reception. This should be the same party that Furlen mentioned yesterday.

Because the invitation reads: Dear Mr. Link Hans, I sincerely invite you to Linda Layton's sixteenth birthday reception, with not only the name of the birthday boy but also the name of a husband and wife. Of course, there is also a time and place on it.

He saw that the reception was in the banquet hall of the Hilton hotel where he was staying, which was convenient.

He put the invitation halfway through for now, and then called McCully. Entrusting the affairs of Meiya Media to him, he signed a carte blucca. With this power of attorney, McCully was able to handle the follow-up as his representative.

Provided, of course, that the board of directors of AIG Media agrees with him to buy those shares.

After that, he took a nap and then went to several famous business districts in New York to buy some gifts for his family and friends. By the way, I also bought a birthday gift for the birthday party I will be attending tonight.

At around four o'clock in the afternoon, he received a call from Claire. Claire told him that the bank they were going to open in Texas needed enough investment to start planning at any time.

He left the matter to Claire. He didn't need to do that right now.

Fren arrives at the hotel to have dinner with Link, as he is also coming to the hotel for a cocktail party in the evening. At the same time, he also had something he wanted to talk to Link.

The two had dinner at the restaurant before returning to Link's room.

Flen sipped his coffee and said, "I got a call from Claire in the afternoon. He said that the Bank of Texas had all the investments. ”

"Yes. I also got a call from him. Link nodded. "This matter has always been operated by Claire. It was only today that I learned that there were enough funds. ”

Fren and Link have always been partners, and they have a good relationship with Neil Claire. Claire, in particular, was exempted from the lawsuit because of the $200 million that Fllen had borrowed. And he has money, and Link's banking plans certainly won't forget about him.

However, Flren can only invest a maximum of $300 million in his own name.

And the new bank plans to raise six billion dollars in principal. Link's company will contribute a total of $3 billion, and then other investors will contribute a total of $3 billion.

Other investors include Fllen, Kempner Holland, Claire and Neil. The rest of the investors were none of Link's previous acquaintances.

Link's shares will be mainly assigned to the name of Ozette Bank. After discussions with Claire and Neil, they decided to put 20% of the shares in the name of Ozette Bank, and the other 30% in the names of Link, Jessica, Benehans, Ozette Finance, Hans Investment, and Thomas Investment. By doing so, the problem of five shareholders adding up to more than 50% of the shares will be avoided.

As for the other people's investments, Flren and Kempner are of course planning to contribute $300 million. Neil and Claire originally planned to contribute $300 million together because of lack of funds. But Link decided to lend them money personally and let them contribute 300 million each.

The remaining $1.8 billion was joined by six investors.

Link thought to himself, it seems that his attraction is still very large, so that those six people are willing to contribute 300 million dollars.

After receiving an affirmative reply, Flren said, "I've heard Claire talk about the bank's future plans. But I want to know, what do you really think?"

"What do you really think?"

"No bank is going to limit its reach to just a few states. Flon said with a smile. "But you've made it possible for the new banks to be limited to a few southern states. This in itself is very abnormal. ”

Link heard his question, picked up his coffee, and said with a smile, "That's just the early planning." Who knows?"

"I've heard that you're planning to set up similar banks in other states in the same way. Aren't you worried about competition in the future?"

In Fren's view, banks need to expand their business to survive. At the end of the day, Link's banks are sure to clash over their business. That kind of conflict is likely to take a toll on them.

He didn't think Link and Neil would have thought about it.

"Or is your plan to merge the banks after they've grown to a certain extent?" he said tentatively, "but you know, the merger of the banks is much more complicated." ”

Link thought about it for a moment and decided to reveal his and Claire's plans to him, "Fren, of course we thought about the competition you said. Merger is indeed an option for us. But we don't think a merger is necessarily the best option. ”

"What's your better solution?"

"In our planning, we have the potential to open six new banks. Mainly in the eastern and central regions. We, the people, will have a major stake in these banks, and we can make alliances with them. Each of them has its own scope of business, but it is possible to cooperate with other banks in their sphere of influence and open other businesses to support each other and improve their competitiveness. ”

"And then?"

After occupying the market, the banks will exchange and integrate their businesses with each other. Each bank is responsible for its own main business, ensuring that each bank has its own profit point. And it is guaranteed to be highly competitive in each state. ”

"You mean that those banks are likely to end up as specialized credit banks or some other type of retail bank?"

Of course, it is possible for one or two banks to merge. But it is not possible to merge them all. Because we have our own alliance for our needs. ”

own alliances. When Flren heard this phrase, he couldn't help but feel amused. The shareholders of each bank will probably be more or less the same. Can it not be an alliance?

Link put away his smile and said seriously, "It's not that I have delusions of persecution! But no Chinese-dominated bank can become a major bank in the United States." He paused and said. "It's a phenomenon that disturbs me. ”

Flon admits that his concerns are justified: "The major banks in the United States are actually run by those conglomerates, and they are very closely connected to each other. The rejection of competitors is also very solidar. ”

"So, I need to have several different banks. ”

Link clearly wants to build a banking group in the United States that can stand at the top of the American financial pyramid. If it's just a bank, it's hard to do.

Not that it can't be at all, but it's obviously going to be very hard.

For example, any bank may have liquidity problems. If there is help from other banks at this time, such a problem is not a problem at all. How can other banks help? The most direct way is to lend funds between banks.

The so-called borrowing is very easy. Because it is the flow of bank funds, the bank that lends the funds does not have to provide margin for this money. In other words, the flow of money between banks can be very large if you want to.

This liquidity makes it easy for banks to grow quickly.

If no bank is willing to lend money to your bank, you will have to rely on your own funds on your own. But how much money can you have in a bank?

That's the main reason why Link didn't dare to let Ozette Bank run the way the big banks did. If there is a problem with the Ozette bank, those banks will like to hear about it, and they will even fall into the trap and will never lend a helping hand.

If he can own several banks at the same time, the funds between these banks can help each other.

He has plans to take those banks public. In other words, the amount of money in those banks is most likely much larger than that of Ozette Bank. With those funds backing up, Ozette Bank's agricultural lending program does not have to worry about running out of funds.

The insurance business and other businesses of other banks are combined with the agricultural loan business of Ozette, which can allow customers to have better adhesion. It can also allow his banks to support each other when competing in the industry.

Link didn't say it explicitly, but Fren probably guessed Link's plan. This also cleared his doubts. "It's a really good idea," he laughs. Hopefully those banks won't see it. ”

Link frowned and said, "I'm just worried about this right now. If they see it. We can only implement the first option, which is for the banks to concentrate their efforts on competing for the market in their respective business regions. Finally try to merge. When the banks are big enough, even the federal government has to protect them. But it will also make them find ways to weaken us. That's not the outcome I want to see the most. ”

"There's always a solution. Fren said with relief. "Listen to Claire and they're trying to convince those states to allow banks to do business. ”

"Yes. With local money, I don't think it would be too much of a problem. And it's not a difficult application either. "Although the procedures for setting up a bank are more cumbersome than those for setting up a general business, it is easier to start a business after it is established. Claire: What they are going to apply for is actually to set up branches in those states.

Claire said that if all goes well, perhaps next week she could prepare for the bank's inauguration ceremony. ”

"Yes, he made it necessary for me to be there. ”

"Haha, anyway, you personally own 5% of the shares, and you are still the real boss of the bank's largest shareholder, Bank Ozette. If you don't attend, it's too bad. ”

In fact, Link alone controls 45% of the shares, Jessica also has 5% in his hands, and the two of them control half of the shares of the new bank, and also have full control of the new bank.