Responding to the next investigation? News of an agreement between East West Bank and FirstWisconsin International Bank has not been revealed, and it has not yet been voluntarily filed for review. Where did McVeigh's confidence and confidence come from when he initiated the review?

If Eastwest Bank abandons the acquisition, what else is there to investigate?

"Mr. McVeigh......"

"I've said everything that needs to be said, and if you ask again, I don't have any more information." McVeigh shook his head calmly and interrupted Tang Bao's words.

If it weren't for Mrs. Annette, he wouldn't have said any of these things.

Forehead.

Tang Bao couldn't help but smile bitterly, he didn't expect McVeigh to refuse so simply, but the more this happened, the more sure he was that McVeigh must be aware of some important news. Unfortunately, McVeigh has always been indifferent to him, and it is too difficult for him to take the initiative to tell him.

Ay.

One can only hope for Mrs. Annette.

……

"McVeigh, do you know something important?" Tang Bao could detect the abnormality, and Mrs. Annette naturally wouldn't fail to notice it.

"This ......"

McVeigh was overwhelmed. He was aware of some inside information, but it was all about the internal secrets of the Foreign Investment Commission, which were not allowed to be disclosed to outsiders. "Whew...... All I can say is that having East West Bank actively cooperate with the CFIUS investigation is the best solution. Unable to resist Mrs. Annette's request, McVeigh vaguely revealed some information.

Actively cooperate with CFIUS review......

This is the case.

McVeigh has mentioned it more than once, and it seems to be a suggestion, but in fact it reveals a very obvious message: CFIUS is going to launch an investigation into the merger of East West Bank.

Suddenly.

Tang Bao realized something and said in disbelief: "Could it be that CFIUS is going to launch an investigation into a series of previous mergers and acquisitions of East West Bank?" ”

Yes.

Now that there is no news of a merger agreement between East West Bank and FirstWisconsin International Bank, the only explanation for McVeigh's vow to review East West Bank's acquisition is to review East West Bank's previous series of mergers and acquisitions.

Although these mergers and acquisitions are all completed. However, CFIUS has the right to request a re-investigation and make a ruling.

"Uh......"

McVeigh was stunned, Tang Bao's reaction speed was beyond his expectations. He only revealed a little information, and he was actually guessed.

"McVeigh, is that really the case?" Mrs. Annette also asked in surprise.

“……”

McVeigh was silent for a long time before nodding slowly. In fact, CFIUS has long proposed to investigate the merger of East West Bank. "Yes, even if there is no acquisition of FirstWisconsin International Bank. I'm afraid that it will be difficult for East West Bank to escape investigation. Unless Tang Bao's prophecy comes true......"

"Huh? What prophecy? ”

Tang Bao didn't understand what McVeigh meant for a while.

"It is the prophecy of a crisis in the US banking sector. If Don's prophecy had been true, he might have escaped scrutiny for the time being; But if it turns out that the banking crisis is alarmist, it is just a panic created by you for your personal gain. Then East West Bank will not be able to escape the investigation and will be severely punished! Now that they had all guessed out, McVeigh simply stopped hiding and tucked in, and explained in detail.

Oh.

Tang Bao suddenly realized, and secretly said that the Foreign Investment Committee had made a good calculation.

When the banking crisis erupts, an acquisition by East West Bank will save a bank that is on the verge of bankruptcy. It is tantamount to indirectly helping the U.S. government to buy up the mess. Launching an investigation at this time and vetoing the takeover will only make matters worse for the U.S. banking industry. Conversely, if the banking crisis is only temporary. The East West Bank takeover is dispensable, and the Committee on Foreign Investment in the Foreign Investment in the Bank will cater to the voices of the public and lawmakers and review the East West Bank takeover.

"Ha ......"

Come to think of it. Tang Bao suddenly felt happy in his heart. If this criterion is followed, East West Bank has a better chance of evading CFIUS investigations. Because he knows that the banking crisis has only just begun. Over time, the crisis will get worse and worse.

"Although the scale of the series of acquisitions of East West Bank is small, it has involved more than 30 states in the United States and has seriously affected the financial security of the United States. The Deputy Minister of the Ministry of Finance, David David, has already formed an evaluation team in this regard, and the review process may be initiated at any time! McVeigh revealed another very important piece of news.

"The Ministry of Finance? Are you sure......? Tang Bao was surprised.

McVeigh spread his hands and said, "Huh." No one asks you to believe! ”

This......

Tang Bao was stunned, he had just met with US Treasury Secretary Baker, and they had a very good conversation, how could they come forward to lead the investigation.

"McVeigh, what's the relationship between Baker and David?" Mrs. Annette asked suddenly.

"Well, it shouldn't be very harmonious." McVeigh hesitated and said.

"That's right."

Mrs. Annette nodded understandingly, "Not long ago, Don and I went to visit Baker, and he had no objection to the acquisition of East West Bank. ”

"Oh."

McVeigh realized. "Both Baker and David are members of the Committee on Foreign Investment in China, and here they are on an equal footing. As long as David insists that the East West Bank acquisition threatens U.S. national security, an investigation is inevitable. What's more, there is more than one committee member who holds the same opinion as David. ”

……

Mrs. Annette came forward, but McVeigh did not hide it, and what should be said and what should not be said were finally set out.

"Don, according to McVeigh, even if East West Bank does not acquire FirstWisconsin International Bank, there is a good chance that it will be investigated. At this time, the news of East West Bank's acquisition of FirstWisconsin International Bank was announced...... In my opinion, it is better to prepare in advance. Lady Annette said.

"Hmm."

At this time, Tang Bao also knew that it was absolutely impossible to directly pass the Foreign Investment Committee.

It's just that......

If CFIUS is interested in using the East West Bank takeover to assert its authority, will it be very scrutinistic?

Or is it certain that the deal will be vetoed......

"Heh, CFIUS has so much discretion, I really don't know the bottom of my heart." Tang Bao smiled bitterly.

"Mr. McVeigh, may I ask what will be involved in the CFIUS investigation, or what will be the problem that would veto the transaction?"

Hear the words.

A faint smile appeared on McVeigh's face. But he didn't rush to answer. It wasn't until he saw Mrs. Annette's gaze resting on him that he stopped selling it.

"Well, as far as the review case of East West Bank is concerned, there are still a lot of problems, and if you can solve all these problems and pass the review, it will be a matter of course."

"What are the problems?"

Tang Bao asked in a low voice that McVeigh, who is the president's economic and political aide and a member of the Foreign Investment Committee, said some of the issues he said. It may be the crux of the investigation.

"First of all, there is the issue of identity and nationality, especially the relationship with the Chinese government. There are those in the Committee on Foreign Investment in China who suspect that East West Bank is controlled by the Chinese government, and to be honest, I share that concern. Therefore, you have to explain the relationship between East West Bank and the Chinese government. McVeigh emphasized.

"Ugh. East West Bank is truly my private company, and I've explained it to the Federal Reserve and the Treasury Department before. Tang Bao smiled bitterly.

Hear the words.

McVeigh shook his head, "It's just a verbal explanation. No matter how much you say, I'm afraid it's hard to be effective. It's hard to convince ...... either."

"Huh? How do you prove that? ”

Tang Bao held back a wave of anger in his heart, and there was nowhere to vent. Nima's, East West Bank's shareholding structure is so clear and straightforward. What else is there to worry about.

"As far as I know, East West Bank's parent company is East West Holdings, which is not registered in the United States, but in the British Virgin Islands. For this offshore company. We have very limited information, but who can guarantee whether East West Holdings has a stake in the Chinese government? McVeigh said.

Tang Bao asked: "Do you want to publish the registration information of Huamei Holding Group?" ”

"Information on offshore companies. It can be changed at any time, and there is not much credibility. McVeigh shook his head, and then continued: "Tang, the most effective way is to move the registered place of Huamei Holding Group to the United States. At that time, it will be clear whether there is a problem or not. ”

"Migrating to the United States?" Tang Bao frowned.

"Yes."

McVeigh nodded.

"I'll think about it." Tang Bao replied.

Well.

McVeigh did not persuade and continued the previous topic, saying: "Some of the target banks acquired by East West Bank have government operations, especially FirstWisconsin International Bank, and some of the funds of the Department of Homeland Security are transferred through it......"

"I'm going to spin off those businesses and sell them to other banks." Tang Bao replied quickly.

"Hmm."

McVeigh was very satisfied with Tang Bao's reaction.

"There is also the issue of FirstWisconsin International Bank, where many Cuban companies have opened accounts, although some of their accounts have been frozen due to the sanctions imposed on them by the United States. No one wants to see these accounts suddenly unfrozen because of the change of ownership of FirstWisconsin International Bank. Do you understand? McVeigh reminded.

"Hmm."

Tang Bao nodded, the United States' economic sanctions against other countries often rely on banks, and if East West Bank disobeys, it will definitely be shot to death. "Is there anything else......

"Then there's the issue of financial security. You'd do well to think about how you can convince CFIUS that East West Bank's expansion is good for the U.S. financial system and never a threat. The recent run on the stock market had a devastating impact and even threatened the stability of the banking sector...... I think there will be an investigation into this run storm, especially on the issue of deposit insurance. ”

Forehead.

The East West Bank run isn't over yet? Tang Bao was stunned for a moment. (To be continued......)