California's real estate sector is booming and hot, but lately there have been signs of extreme badness, with soaring home prices no longer rising and home sales declining. Many of the real estate sector figures are dismal and even unsettling.

for a few days.

Tang Bao, Nick, and Robert visited a lot of places in California, and everything he saw with his own eyes made him feel at ease, and even secretly happy.

His memory is not wrong, and the real estate industry in California is showing signs of crisis.

The detonation of the crisis in the real estate industry is also the beginning of the death of many banking institutions, and at the same time, it is also the first opportunity period for Tang Bao to expand East West Bank.

……

East West Bank, inside the President's Office.

"Uh, boss, you're saying you're moving East West Bank's headquarters out of Redwood City?" Robert was very surprised, as if he didn't expect Tang Bao to bring up this matter.

"Yes."

Tang Bao smiled and nodded. In the last few days, he has traveled a lot in Redwood City, and he has a deeper understanding of this small city! Overall, Redwood City is a small city with little influence, and it is difficult to attract high-end financial talent. There is also a lack of large-scale financial institutions, and in addition, it is far away from the financial center of the United States, and various industry news is also relatively "closed". East West Bank has its headquarters in Redwood City, which is not conducive to its own expansion! =

got Tang Bao's affirmative answer.

Robert's mood is extremely mixed, with a mixture of excitement and a deep sense of loss.

But.

Robert quickly suppressed his mixed emotions, and he also knew that East West Bank was going to move forward, and sooner or later it would leave Redwood City.

"Boss, where did the headquarters of East West Bank move?"

Tang Bao smiled.

He didn't rush to give an answer, in fact, the relocation of the headquarters was just a sudden idea for him, and he didn't think about it carefully.

After pondering for a while, Tang Bao spoke: "San Francisco, New York." Think about it. ”

San Francisco is the financial center of the western United States, with a very developed economy, population, and transportation, and the most exciting thing for Tang Bao is that there are a large number of overseas Chinese gathered here, and it is also the target customer that Tang Bao wants to collect the most.

As for New York......

It is the financial center of the world, and there are banks, securities companies, fund companies, etc., and East West Bank has more development opportunities there. Moreover, Phoenix Investment Group is also in New York, and Tang Bao has also lived there for a long time, so he can better control the headquarters of East West Bank by moving its headquarters there.

Soon.

Tang Bao will put his thoughts. Said it.

"Well, boss, East West Bank hasn't established itself in New York yet, ......not even a branch," Robert reminded helplessly.

It is not so difficult for banks to expand within the state, but it is not so easy to expand across states.

Therefore.

As for when East West Bank will be able to expand its various businesses to New York, Robert himself does not have the slightest confidence in his heart.

Subconsciously, he was inclined to choose San Francisco.

"Huh. There's no rush on this matter, and I didn't say that I would move the headquarters immediately, so I can study it slowly. In addition, East West Bank's most important task at the moment is mergers and acquisitions. Tang Bao smiled and waved his hand. For San Francisco and New York, he did not rush to make a choice.

"I've been here for almost a week, so it's okay for you to accompany me all day long, pay more attention to the merger and acquisition negotiations......"

"Boss. You can rest assured that the negotiation has not been delayed, and there is a special negotiation team in charge of contact. Robert explained with a smile.

He can still tell the priorities. Knowing that Tang Bao was very concerned about the progress of East West Bank's merger and acquisition, how could he relax.

"That's good."

Tang Bao nodded.

"Boss, ...... I'm going to be busy?" Seeing that Tang Bao was fine, Robert said.

"Hmm."

Tang Bao hummed softly, which was a response.

Robert leaves.

Then.

Tang Bao's gaze fell on Nick and said, "Nick, if you choose one of the two cities of San Francisco and New York, which do you think is appropriate?" ”

"New York!"

Nick replied quickly and crisply.

"Oh?"

Tang Bao was slightly surprised by Nick's unhesitating reaction. He thought Nick would think it over before answering.

It was faster than he expected.

"Boss, Phoenix Investment Group's account should be set up in another bank, right?" Nick hadn't been at Phoenix Investment Group and didn't know much about it.

"Hmm. At Citibank! ”

"That's it. As an investment group, the confidentiality of capital circulation is very important, and Phoenix Investment Group's mobilization of funds through Citibank does not guarantee confidentiality, at least Citibank wants to track it very easily. Had the boss his own East West Bank been able to close this loophole, making Phoenix Investments' actions more secretive and more comfortable. On the other hand, Phoenix Investment Group has capital exchanges with many companies, and the flow of funds is frequent, and if the transfer of these funds is completed by East West Bank, it can help East West Bank quickly attract a number of high-quality large customers. "Nick is talking." Obviously, East West Bank's headquarters in New York will make it easier for this cooperation to be further promoted. ”

"San Francisco is good, but it's not as good as New York. Although there are a large number of Chinese people gathered there, these potential customers have long been carved up by other banks. East West Bank is only a young bank, and it doesn't always have the buy-in and trust of these people quickly...... Nick said.

A slight change of breath.

Nick continued: "Banks founded by Chinese have long appeared in the United States, and they have developed very well, but the customer base that can be targeted is too narrow, which also suppresses its development. At a certain point, there will be a bottleneck in development. Therefore, I don't think it's necessary for the boss to deliberately put too much emphasis on this customer base. San Francisco could have a larger branch, but with the headquarters there, there would be no need. ”

"Hmm."

In this regard, Tang Bao only smiled and did not argue.

……

……

Bang.

Winnieburg sat in his office, his face gloomy, and he slammed the folder on the desk in anger, and then, with a limp, sat down.

He muttered, "It's over." It's all over......"

And the subordinates standing on the opposite side also fell silent, as Winnieburg said, F.B.N.K Financial Company was about to finish.

Maybe.

At this point, they should think about how to get a new job after losing their job......

It's been a long time.

Ponieburg gradually regained his cool head, and no matter how difficult it was, he couldn't let F.B.N.K Financial sit and wait for death.

"President, President Aris has called and wants to meet with you to discuss the new loan!" That's when Winnieburg's secretary walked in. debriefed.

Aris?

Hearing this name, Vinnieberg's face turned blue again, and then he yelled angrily, "Let him die." ”

Belch.

The secretary was stunned, obviously not expecting Winnieburg, who often regarded himself as a gentleman, to be so excited. He wondered if the boss had misheard.

Aris is the closest partner to his boss.

Call.

Now that he can't protect himself, how can he take care of Aris, and if it weren't for Aris's bastard and liar, F.B.N.K Financial Company would not have ended up in such a field.

After adjusting his unsteady mood slightly, Vinnieburg felt that there was nothing abnormal, so he picked up the phone on his desk and dialed it.

"Hey. Hello President Robert, I'm Winnieburger. Well, I thought about it carefully. Interested in your acquisition proposal. ”

"Okay." "Hmm." "Then we'll ...... meeting," Winnieberg hung up, a relieved smile on his face.

Then.

Veneberg urgently convened a shareholder meeting to disclose to shareholders the plight of F.B.N.K Financial and to propose a takeover by East West Bank.

Soon.

It has been affirmed by many shareholders.

Authorized by the shareholders. Winnieburg and his subordinates hurried to the headquarters of East West Bank in Redwood City, trying to get it done as soon as possible.

……

"Huh? Why is Veniburg so active this time? In the evening, Robert received a call from Winnieberg. Said that he had arrived in Redwood City, and hoped to formally negotiate tomorrow.

on this.

Robert naturally has no reason to refuse, and now, his boss Tang Bao is staying here, and he also wants to make achievements as soon as possible.

But.

Robert didn't rush to achieve and ignored something else. This time, Vieniberg's unusually positive behavior made him a little suspicious. Previously, Veneberg's proposal to buy East West Bank was not so aggressive, and although it promised to negotiate, it was slow to progress.

"Is there something wrong with F.B.N.K Finance?" Robert, who was in shock, couldn't help but have this terrible thought in his mind.

No way.

Robert had already done an exhaustive investigation of F.B.N.K finance, and if the real estate crisis predicted by his boss broke out, they would certainly be killed.

Recently, real estate in California has shown signs of deterioration, and Robert can't help but think about it.

"Paul. I'm going to investigate F.B.N.K financials again, and I'm going to find out what they're doing lately. Robert grabbed the phone and commanded.

……

Next.

Robert and Vieneberg formally met in the conference room of East West Bank.

Negotiations have just begun.

Vieniburg was unusually proactive, quickly signaling his willingness to accept East West Bank's offer. "President Robert, the shareholders think your $500 million offer is good and acceptable!"

And at this time.

Robert didn't rush to reply, instead with a playful smile on his face.

See here.

Winnieberg's heart tightened, and he secretly thought, could it be that East West Bank got some news, no, this news is still in lockdown and has not been exposed.

But.

Robert's words quickly shattered Winnieberg's unrealistic illusions, and the news he thought he was hiding well was not so mysterious. "$500 million is just our previous offer, and given the state of F.B.N.K finance, we need to re-evaluate the ...... of the purchase price" (to be continued......) R1292