East West Bank's $12 million acquisition of the Iowa State Commercial Bank!

East West Bank's $7.9 Million Acquisition of Colorado Integrity Bank!

East West Bank Acquires BIOC Financial Bank for $5 Million!

East West Bank's $1-dollar acquisition of Northern City Bank!

East West Bank's $1 Acquisition of America's No. 1 Secure Bank!

……

East West Bank acquires ......

……

East West Bank's acquisition frenzy has swept through all states in the United States, and news of a deal has been reached almost every day. Although the transaction amount of the acquisition is not very large, it is not enough. Frequent acquisitions have become the focus of U.S. news.

Of course.

It also caused panic, and many political elites jumped out to accuse Tang Bao of the hostile takeover, and strongly demanded that the U.S. government veto the acquisition of East West Bank.

"Hoo ......"

After Tang Bao and Robert successfully acquired another bank, they left each other's headquarters, and reporters who had been waiting outside immediately flocked to them.

Now.

Many reporters almost follow Tang Bao, and wherever Tang Bao goes, they follow him, and they all want to get the news as soon as possible.

"Don, may I ask if East West Bank has successfully acquired FIOD Financial Holdings?" A reporter took the microphone and asked first.

"Huh. I will not come forward if I am not sure of the negotiation! Tang Bao smiled slightly, indirectly admitting that the acquisition had been successfully completed.

"What is the purchase price?" The size of FIOD Financial Holding Bank is not small in South Carolina, and reporters are curious about what the transaction price is.

"A dollar!"

Tang Bao stretched out a finger and replied with a smile.

"...... Uproar"

The surrounding reporters exploded in an instant, this price is really far from their expectations, and everyone is unwilling to accept it, which is true.

Buying FIOD Financial Holding Bank for a dollar is too bullying.

"Don. Excuse me, how do you feel about buying the eleventh largest bank in South Carolina for a dollar? A reporter asked.

"Thoughts?"

Tang Bao was slightly stunned, and then said with a smile: "I think the U.S. government should thank East West Bank for solving a big trouble for them." Everyone at FIOD Financial Holding Bank should rejoice that I have agreed to take them in...... Everyone who has feelings for FIOD Financial Holding Bank should be grateful to me for saving it. ”

Forehead.

Grateful?

The reporters were shocked by Tang Bao's remarks, you can buy such a big bank with one dollar, as if you are not happy.

Shameless......

For the first time, the reporters felt that Tang Bao, who was always smiling, was very shameless.

It is no wonder that city councilors and state legislators across the United States have come forward to accuse Tang Bao of being a shameless bandit who is robbing the American banking system.

"Don. After the acquisition of FIOD Financial Holdings, does East West Bank have any follow-up acquisition plans? Although he was angry at Tang Bao's "gratitude" remarks, he didn't bother with these things, and was more eager to know about East West Bank's follow-up plans.

"Yes."

Tang Bao replied bluntly.

The content of the interview was quickly reported, and Tang Bao once again bought a bank for one dollar, which naturally attracted the attention and criticism of many people. In particular, the South Carolina legislator came forward to strongly condemn Tang Bao's banditry and threatened to introduce a bill to veto the acquisition.

And Tang Bao's "gratitude" remarks. It also stimulated the nerves of the American people, and many people were outraged.

Veto?

East West Bank is not in a hurry, but FIOD Financial Holding Bank is in a hurry, and hurriedly asked the lobbying company. Lobbying the state government not to block the acquisition. Their bank has a large number of non-performing assets, and it is very difficult to find someone else to take over.

……

Two days later.

The state of South Carolina issued a statement. Supported East West Bank's one-dollar acquisition of FirstWisconsin International Bank.

And the state lawmaker who threatened to ask the state legislature to veto the takeover is not jumping out. Apparently persuaded by the people of the FIOD Financial Holding Bank.

Therefore.

Public opinion on East West Bank's acquisition of FIOD Financial Holding Bank has been met with great resistance, and it has even been subjected to malicious smear attacks. But the state government did not put any pressure on it.

……

FirstWisconsin International Bank.

Feitner sat in his office and watched as East West Bank's acquisition of FIOD Financial Holding Bank was easily approved, without any surprises.

Maybe.

Many people can't understand why FIOD Financial Holding Bank only sold for a symbolic dollar, but he knows why.

"Hey......"

Feitner put down the newspaper and couldn't help but sigh. The severity of this crisis was indeed beyond his expectations, and he regretted his carelessness. Now, as the situation continues to deteriorate, FirstWisconsin International Bank may also be in danger.

The news of bank failures and acquisitions by competitors could not help but come to Fiitner's mind, as if it were a movie.

Call.

Feitner shook his head, swept away the scene in his mind, and became unusually irritable.

"President, the lobbying company said that the progress is not going well, and the White House does not have any intention of bailing out the bank, not even a plan."

Syllable.

"Damn, these bastards, do they have to wait for the banks in the United States to be bought by that Chinese before they sell?" Feitner slapped the table and roared.

Government bailouts are his greatest hope.

FirstWisconsin International Bank is so large and in a very serious situation that it is difficult to survive this crisis on its own.

Unless......

The U.S. real estate market is picking up rapidly, with high housing prices and a surge in home sales! But, apparently, this is just a beautiful thought.

The secretary flinched slightly.

Now.

The president's temper is getting worse and worse, almost every day he slaps the table, throws things, and scolds, and he, the secretary, should also be frightened.

"Go get busy."

Feitner, who was relieved, waved his hand and motioned for the secretary to go out.

……

"Hi, Henry." Feitner picked up the phone. Dial.

"Feitner, ha, how do you have time to find me?" The person on the other end of the phone said with a smile, as if he was very happy.

"Henry, I would like to ask you how likely it is that FirstWisconsin International Bank will successfully issue corporate bonds. Ten years, twenty dollars! Feitner asked.

"Issuing bonds? Feitner, you also see that U.S. bank stocks are weak these days, and no investor is willing to take risks. They prefer to choose investments that are safe with lower yields...... The same is true for the stock market. The same is true for the bond market. The three bond sales plans planned by our company have been cancelled temporarily. I'm not afraid to tell you that almost all those who have a relationship with real estate and banks will be affected. Henry introduced. FirstWisconsin International Bank wants to take it slow if the cost of financing skyrockets during this period, and it may not even be possible to find enough buyers. Investors are waiting to ......"

"Huh? Fitna, Could it be FirstWisconsin International Bank is also in trouble. Henry suddenly thought of something and asked in surprise.

"Nope."

Feitner hastened to deny it. Even if Henry was one of his best friends, he didn't dare to risk revealing everything.

After all.

FirstWisconsin International Bank is, at least on the surface, a very high-quality bank. Not affected by the crisis.

The stock price is fairly stable......

"Well, you know, banking is very chaotic right now, but it's a lot of opportunity. I want to raise capital and expand. Feitner further explained, hoping to dispel Henry's suspicions.

"Oh."

Henry nodded. He also knows that in this kind of financial turmoil, some powerful banks will take advantage of this to merge with the weak banks. As far as he knows, East West Bank is not the only one that is merging and expanding at this time, and many banks are not idle.

It's just that East West Bank's pace of expansion is even crazier......

"It's a pity, Fettner. Your plan is good, but investors may not feel comfortable taking out their money and letting you buy those 'distressed assets'. Also, I know that some bank acquisitions may fuel your ambitions, but it's best to keep ......your head above water," Henry kindly reminded.

"I know, thank you, Henry." Feitner chatted with Henry for a while before hanging up the phone, and at the same time, the smile on his face gradually lost.

"Hey, John, I'm Feitner......" adjusted his mood, and Feitner began to look for a new relationship again, and then used the same reason to make a request to raise money.

"Fiitner, you should understand that there are many banks that are going around raising money at this time...... But investors are not happy to lend money to banks. ”

"I know. That's why I'm looking for you. John, you'll have a way! Feitner said.

"Wait a minute!"

"Okay."

Fettner was overjoyed, John didn't refuse, and asked him to wait a while, which meant that there was hope for success.

"It's a pity, Feitner, I did my best. No one wants to buy FirstWisconsin International Bank's bonds, and if you force a bond to sell, you may face the embarrassment of not being able to buy it. That would be a serious blow to the reputation of FirstWisconsin International Bank...... It may even affect future bond issuance plans. I suggest that you better take it a break. John said.

"I see!"

Fettner hung up in disappointment, expecting that there would be hope, even if it was to bear a little more financing costs, but the greater the hope, the greater the disappointment.

Fittner did not give up, and found a few friends who were very close to him, but without exception, they were unsuccessful. His plan to raise funds was dealt a heavy blow.

……

FirstWisconsin's fundraising operation was a hundred times more difficult than Fittner had anticipated, and as his friend said, no investor was willing to risk lending money to the bank.

……

"President, it's not good. There is a lot of buzz out there that FirstWisconsin International Bank is in trouble, and the company's stock price has fallen by two dollars. ”

Swish.

Feitner's face changed suddenly, and he immediately understood that his behavior of calling so many "friends" to raise funds must have aroused the suspicion of some people. (To be continued......)