"BP Oil USA opens a corporate ......account at East West Bank," announced BP Oil's head of North America. [23] [wx].

"Southern Financial Corporation opens a corporate account with East West Bank!" Baxter also stepped forward and announced.

……

More and more people are standing up in solidarity and showing their support for East West Bank. Suddenly, the situation flipped and all sides were taken by surprise.

Afterwards.

The number of people who flocked to East West Bank's various locations to run on money dropped dramatically. Although the concerns and panic of depositors have not been completely eliminated, and some depositors choose to continue to withdraw their deposits, it is much different from the previous crowd scene. And this small run will not pose a threat to East West Bank! I believe that it will take a few more days to calm the emotions of depositors, and the run crisis will be completely resolved.

"Whew."

Seeing that the situation was gradually calming down, Tang Bao couldn't help but breathe a sigh of relief, he knew that being able to solve the trouble so quickly was inseparable from the guarantee of the Federal Deposit Insurance Corporation of the United States. And the Federal Deposit Insurance Corporation was able to get it so quickly, thanks to Mrs. Annette.

Let's be honest.

Tang Bao didn't expect that Mrs. Annette would be so dedicated to helping him, and never raised the issue of remuneration from beginning to end.

But.

Mrs. Annette didn't say it, but Tang Bao couldn't help but take it to heart.

……

That's when it happened.

Phoenix Investment Group also took action.

"We are very optimistic about East West Bank as a bank with great growth potential, and we have recently entered into a strategic cooperation agreement with Mr. Winnieberg of East West Bank." Horst was interviewed by a veteran reporter for The Wall Street Journal in his office.

"What kind of strategic cooperation agreement?" Journalists are desperate to know the answer.

See here.

With a faint smile on his face, Horst said, "Phoenix Investment Group invested $200 million in East West Bank and acquired a 10% stake in East West Bank. ”

$200 million, 10% of East West Bank? The reporter was very surprised that East West Bank, which was on the cusp, had such a high valuation?

"President Horst. As we all know, Tang is a shareholder of Phoenix Investment Group and East West Bank, so is Phoenix Investment Group's stake in East West Bank related to the recent run on East West Bank? Did this investment come from Tang's instructions? The reporter was surprised for a moment, and quickly linked the matter with Tang Bao.

"Of course it doesn't matter, and the boss hasn't instructed him to do so." Horst shook his head resolutely in denial. He knew that if he admitted that this matter was instructed by Tang Bao, the effect would be greatly reduced. "In fact, as early as February this year, Phoenix Investment Group was in talks with East West Bank about a strategic stake, and there was no run on East West Bank at that time...... At this time, it took a stake in East West Bank. It's just a coincidence of timing. Well, Phoenix Investment Group has chosen the most favorable time for itself to invest, and I believe that this investment will achieve an amazing return on investment. ”

The reporter was slightly stunned.

But he didn't give up, "Are you sure that investing in East West Bank will not be lost?" As far as I know, many people have lost faith in East West Bank. There are even rumors that East West Bank will be disqualified from banking by the U.S. government...... East West Bank ran into a lot of trouble. ”

"Huh. No one's success will be easy, and East West Bank has had some difficulties, but we believe that it will be temporary. It will surprise us! ”

Then.

Horst reminded again: "You have to understand. $200 million is not a small amount, and we will not joke with our wealth, and the shareholders of Phoenix Investment Group will not agree. Strategically invested in East West Bank because we believed in our vision. He also has absolute confidence in East West Bank. ”

……

Phoenix Investment Group strategically invested in East West Bank, gaining 10% of East West Bank's equity for 200 million US dollars!

Wow.

When the news spread, it immediately caused a wave of surprise. Neither side expected that the prestigious Phoenix Investment Group would invest in East West Bank.

Could it be that East West Bank really has so much potential?

Countless investment institutions. I can't help but guess in my heart. Almost all the stocks held by Phoenix Investment Group have risen sharply, and the stocks sold tend to plummet with them, and the investment vision is scary. It's rare to miss a moment. Today, its influence on Wall Street is completely different. Any one of its investment moves will attract speculation and analysis from many institutions, and even affect some people's investment decisions.

Therefore.

The news of Phoenix Investment Group's stake in East West Bank will inevitably make some investors think more, and some even want to follow the trend and gamble!

Citigroup.

Miller's proposal to take a stake in East West Bank at the board of directors immediately caused dissatisfaction among some directors, "What, investing in East West Bank, are you crazy?!" ”

"This is Don's conspiracy......"

"I'm against it, Miller, it's too reckless to take a stake in East West Bank. The entire U.S. banking industry is on the brink of a volcanic eruption, and we can't afford to risk it! ”

"I don't agree with that either. If it is a stake in Phoenix Investment Group, it will be fine, but East West Bank, it will definitely not be! ”

……

As soon as Miller's words ended, the directors either expressed strong opposition or bowed their heads and remained silent, and there was no one who supported them.

"Huh."

Miller couldn't laugh bitterly, he knew there would be a crowd of opposition. He has not been promoted to Citigroup for a long time, and his foundation is weak, and he has always been in a weak position.

"Uh-huh......" Miller interrupted the commotion with a few coughs, and said in a deep voice, "Guys, I think you're thinking things too simply. I've been in contact with Tang a few times, and from what I know about him, I'm afraid that it won't be so easy for Citigroup to take a stake in East West Bank, and there is even a more than ninety percent chance of rejection. ”

"Huh?"

The directors who were originally noisy couldn't help but be stunned, and secretly said that since they knew that Tang Bao would refuse, why did they bring it up.

"Miller, do you want to use this method to stand up for East West Bank?" A director wearing reading glasses looked up and asked.

"Sort of."

Miller smiled and nodded in acknowledgement. He noted that since the Federal Deposit Insurance Corporation signed a cooperation agreement with East West Bank, more and more people have come forward to express their support. I am familiar with Tang Bao. wants to further deepen the relationship, and is not familiar with Tang Bao, but also wants to send a favor and make a good fate. And he has a bit of a friendship with Tang Bao, and it is not very good to take this opportunity to express Citigroup's goodwill.

"Announcing its intention to take a stake in East West Bank is just an expression of Citibank's goodwill when Tang is in trouble. Of course, if Don had accepted Citibank's goodwill, that would have been fine. Ladies and gentlemen, don't forget. Phoenix Investment Group has not accepted new shareholders...... We should do everything we can to gain Don's favor. Miller reminded solemnly.

Forehead.

The directors suddenly had a twinkle in their eyes, and they had been coveting Phoenix Investment Group for a long time and had been waiting for the opportunity to buy shares.

Pity.

Phoenix Investment Group is well-funded and has no willingness to bring in investors at all. Even private equity funds have only launched one.

"Ladies and gentlemen, Citigroup's timely goodwill will win Tang's favor when Phoenix Investment Group absorbs shareholders. Our chances will also be much greater. Miller said both.

"Hmm."

Everyone nodded.

Then.

The directors discussed in a low voice for a while, and soon approved Miller's proposal. After the meeting, a spokesman for Citigroup said to the public. Citigroup believes that East West Bank has great development potential and is a bank worth investing in, and is interested in investing in East West Bank!

……

Meantime.

Through Wagner's introduction, Tang Bao and Rant, the president of Wells Fargo, were soon in Wagner's luxury villa. A secret meeting took place. It is different from shouting in the newspaper and the tense atmosphere. When the two met, they were very peaceful. With a smile on his face, he looks like an old friend who hasn't seen him for many years.

"Rand, East West Bank and Wells Fargo can exist at the same time, there is no need to fight to the death, it will only cheapen others."

"I couldn't agree more!" Rand laughed.

Then.

Rand continued: "Don, you know, everything I do is a means of commercial competition, and nothing else. ”

"Hmm."

Tang Bao smiled and nodded slightly. He has no intention of getting to the bottom of it, and at this time, it is important to get on with Rand so that he will not continue to attack East West Bank.

"Don, I know that East West Bank has a lot of value for FirstWissin International Bank, but Wells Fargo also needs to merge its business." Although he had a good conversation with Tang Bao, Rand did not budge on the matter of FirstWissin International Bank.

"Oh?"

Tang Bao frowned slightly, the run on East West Bank gradually subsided, and he had the ability to buy FirstWissin International Bank again.

I don't want to stop there.

"Rand, as far as I know, Wells Fargo has a wider business coverage than FirstWissin International Bank, and it seems that there is no need for an acquisition."

"Yes, Wells Fargo is stronger, but in some states Firstwissin International Bank is not weak, especially in Arizona, New Mexico and other places, and it just so happens that these states are where Wells Fargo is weak. With the acquisition of FirstWissin International Bank, we can quickly eliminate the weakness. ”

"Huh? Do you mean that Wells Fargo acquired FirstWissin International Bank and valued its operations in some states? Tang Bao's heart moved, and he couldn't help asking.

"Yes."

"How many states?" Tang Bao continued to ask.

"Arizona, New Mexico, Oklahoma, Arkansas, and Missouri." Rand replied without thinking.

Tang Bao fell silent.

……

It's been a long time.

Tang Bao raised his head, as if he had made up his mind, and said: "Rand, if Wells Fargo withdraws from the competition, in return, East West Bank will transfer the business of FirstWissin International Bank in all five states to you......" (To be continued......