"Hmm."

Horst's performance has become more and more satisfactory to Tang Bao, and he has managed Phoenix Investment Group in an orderly manner, and has become more and more of a large company. And he is also very smart, knows how to figure out the boss's mind, and the stocks he presides over for new investments are very similar to the companies on the list provided by Tang Bao or are highly related to the industries. And Tang Bao did not get involved in the industry stocks, he rarely bought, or only bought a very small amount.

Apparently.

Horst has carefully studied the list of companies, and has worked very hard to maintain the same thinking as Tang Bao's thinking in terms of investment decisions.

……

Now.

Although Tang Bao has invested a large amount of money in the stock markets of the United States, Japan, and Hong Kong, he still has more than $10 billion of circulating funds. He was not at ease with the money in the bank, and even the Swiss bank, which had the best reputation and security measures in the world, could not dispel his doubts. For some things, it's more convenient to have your own bank. Therefore, the establishment of some banks was urgently put on the agenda by Tang Bao.

Originally, this thing had been wanted to be done for a long time, but because it was hyped by the news some time ago, Tang Bao had to postpone the plan to make way for the successful investment in Cisco.

Alas.

When it comes to banks, Tang Bao really doesn't know how to operate, banks are a huge and complex financial system, not something that a layman can play. It is best to buy a bank and restructure and expand on it, and it is also the easiest and most convenient way.

Buying a bank is no small thing, though.

The financial industry is one of the most developed industries in the United States, with tens of thousands of large and small banks blooming everywhere, and bank establishments and failures are very common. It seems to be open and loosely regulated, but that is only for local capital, and the acquisition of American banks by European and Japanese foreign investors will still attract attention, not to mention Tang Bao from China!

With a lot of dollars in your hand, you want to buy a bank, and you have to smash it, but you can't catch it?

If you think so, you are very wrong.

Tang Bao was very sure that if he waved a check to buy a bank in the United States with great fanfare, it would definitely attract a backlash and obstruction from the United States. The fact that the United States has improved its relations with China in order to contain the Soviet Union does not mean that the United States has relaxed its vigilance and vigilance against China.

In this era, it is unthinkable for Chinese to buy American banks. Once it is revealed that Tang Bao wants to buy a bank in the United States, it will inevitably cause an uproar. If this thing is to succeed, it has to come quietly and avoid the eyes of the news media.

So.

Tang Bao was afraid of the acquisition of a U.S. bank, and never revealed the slightest rumor to anyone, and it was impossible for Phoenix Investment Group to lead the acquisition. In order to facilitate covert operations, Tang Bao created another new company, Huamei Holding Group.

……

Soon.

Tang Bao found a target for the acquisition, a small bank in California, Redwood Community Bank.

At this time, the bank encountered a lot of trouble, several large loan projects due to the bankruptcy of the loan company and could not recover the loan, the capital chain was broken, fell into the bank bankruptcy on the verge of bankruptcy, for which last week also caused a large-scale bank run, depositors due to panic and have withdrawn deposits, in just three days, Redwood Community Bank was taken away, which is undoubtedly a fatal blow to Redwood Community Bank.

The banks are out of money.

Desperate, Robert the president of Redwood Community Bank, sought to inject liquidity into several banks, but no one was willing to contribute.

In the end, there is only one way to meet them, to file for bankruptcy in the courts.

"Hello, I would like to see Mr. Robert, the president of your bank, where is his office?" At this time, a tall Asian boy wearing a black trench coat appeared in front of Robert, and asked Robert in a flat but polite tone.

Who is this teenager? He asked me about Robert's office, and he must not have known me. Why are you looking for me? Such doubts rose in Robert's heart.

That's right.

This teenager is Tang Bao, who has been in California for several days, and he has seen with his own eyes what happened to Redwood Community Bank and Robert these days, the bank is deserted, there are no customers, the staff is absent-minded, and he doesn't know when he will lose his job due to the bank's bankruptcy. Some depositors came to withdraw money, only to be told that there was no money left in the bank...... Robert sought financing everywhere, but he hit a wall at every turn.

There is no way out but to wait for bankruptcy.

So.

Tang Bao appeared!

"Who are you, and what are you looking for me?" Robert was already exhausted by the Redwood Community Bank affair and was in no mood to think.

Yes.

Tang Bao was slightly stunned, and he found someone to ask for directions and actually ran into the main owner, but he didn't think much about it, and said with a slight smile, "Let me introduce myself first, my name is Tang Bao, well, from New York, I think Mr. Robert and Redwood Community Bank are in trouble, I can help." ”

"Hello, I'm Robert, President of Redwood Community Bank!"

Robert looked at the Asian teenager in front of him, he couldn't figure out anything, he couldn't help but feel a little curious about this person who suddenly ran out to "help" the Redwood Community Bank, but more doubts also rose in his heart. But he is also the president of the bank, and he can't let the guests who come from afar stand in the hall.

"Shall we go to my office and talk?" Robert invited.

Tang Bao smiled slightly, nodded slightly, and since the main owner had been found, he was naturally not in a hurry for a while, so he slowly followed Robert in.

After taking a seat.

"I don't know, what do you mean by helping?" After a moment of silence, Robert stared at Tang Bao in front of him and asked bluntly.

"I knew there was a problem with Redwood Community Bank's money chain......"

"Yes, there's nothing to hide, and there's nothing to hide, we're in an unprecedented predicament." Robert shrugged helplessly. It is a well-known fact that there is a run on Redwood Community Bank and depositors come to withdraw their money every day without success. Robert wouldn't be naïve enough to think that he could fool the teenager in front of him with a few fools, there was no reason, it was just his instinct.

"I'm going to buy Redwood Community Bank, $60 million, how about it?" Tang Bao asked straight to the point.

"Uh."

Robert seemed to be a little unable to keep up with Tang Bao's thinking rhythm, but he quickly reacted and understood that the young man in front of him was here to buy the Redwood Community Bank, and couldn't help but be secretly surprised, after the Redwood Community Bank had problems, he also sought a buyer to get rid of this hot potato, but no one was willing to take over. But before the sudden peak turn, someone took the initiative to come to the door to buy Redwood Community Bank.

To tell the truth, Robert was already very satisfied with Tang Bao's purchase price, but since the other party took the initiative to buy it, he naturally had to bargain and strive for a better price, "Tang, Redwood Community Bank is a very powerful regional bank in California, it has more than 1.2 million customers, and the bank's assets exceed $2 billion, so it can't be worth only $50 million!" ”

"Hey, Mr. Robert, can you tell me what the bank liabilities are?" $50 million, I think the price is very fair, and if Mr. Robert misses this opportunity, maybe tomorrow Redwood Community Bank will have to file for bankruptcy, and then it won't even have $50 million. Tang Bao still said with a faint smile, but there was a faint hint of undoubted strength.

Robert was slightly embarrassed.

He did not refute Tang Bao's words, and said in good conscience that it was God's favor that Redwood Community Bank could sell for 50 million dollars.

"Well, I agree with your acquisition. However, I have one condition, I want to keep the name of the bank. "Robert, as the founder of Redwood Community Bank, still has a lot of affection for Redwood Community Bank, and he doesn't want Redwood Community Bank to be lost in history.

"Impossible!"

Tang Bao shook his head mercilessly and refused, and said slowly, "After Redwood Community Bank is wholly acquired, it will inevitably be adjusted, including changing the name of the bank, and I need to rebuild a bank brand!" After all, the run on Redwood Community Bank is very bad, and so far there are still some depositors who have not been able to withdraw their money. Keeping the name Redwood Community Bank is detrimental to the bank's development......"

Robert also had to admit that the run on Redwood Community Bank would be difficult to eliminate in the short term, and changing the bank's name and rebuilding the brand image after the new owner took over was the cleanest way. Of course, the most important thing is that the brand of Redwood Community Bank is not seen by the other party, and it is not worth keeping and saving!

"That ......"

"The bank will not lay off employees, well, if Mr. Robert wants to, he can still be the president of the new bank." Tang Bao said with a smile. He had just bought some banks, and he didn't want to purge the original management directly, even Robert, the president who bankrupted the bank. The point is that he has not yet found a suitable manager, and the temporary retention of Robert can reassure people on the one hand, and on the other hand, the lack of personnel changes can quickly bring the bank back on the right track.

"Really?"

Robert asked, also very impressed.

"Of course. I am so honored to see Mr. Robert here! Tang Bao said with a smile.

……

The acquisition negotiations went very well.

Tang Bao invested US$50 million in the name of Huamei Holding Group to wholly acquire Redwood Community Bank, and the former president Robert remained in office.

Redwood Community Bank changed its name to East West Bank, and Tang Bao directly injected a billion dollars with a wave of his hand.

A week later.

On the same day, Robert Chunfeng proudly held a press conference to announce that Redwood Community Bank was acquired by East West Bank Holding Group, renamed East West Bank with immediate effect, and received a billion US dollars of capital injection from the parent company. East West Bank keeps savings safe in their original bank accounts, allowing depositors who were previously unable to withdraw their money due to a run to withdraw their deposits at any time.

East West Bank has money, I'm not afraid of you to withdraw it, so you don't have to worry about the safety of your savings! This was the most obvious signal Robert sent at the press conference.