It seems that Horst was not carried away by the momentary victory, and he was able to put forward these suggestions at this time, which shows that he has thought deeply about the development of the company, for which Tang Bao is very appreciative and satisfied. In particular, the risk management and control department proposed by Horst, Tang Bao feels that it is very necessary, the healthy development of a financial investment company is inseparable from risk control, although he has an impression of many things in the future, but after all, it is impossible to remember everything clearly, and the development of the company can not be supported by his "memory" alone. Quickly creating a mature and rigorous management system is particularly important to Phoenix Investment Group.

"Horst, what level of company do you think our Phoenix Investment Group is on Wall Street, um, or what kind of height has it reached?"

"Well, if it was before this stock market crash, although we had made some achievements, for Wall Street, it was no different from ordinary small and medium-sized fund companies, and there was nothing surprising. We have limited funds, closed information, limited network resources, and more importantly, we have not integrated well with our peers around us, and we have been working alone. It's hard to have a great future! Horst organized the language, slowly told his opinion, and then changed the conversation, and said with a bright eye, "But after the stock market crash, the situation is completely different. It's not clear how much money we've made, but we've attracted a lot of attention by sucking in a lot of stocks in succession during the stock market crash. Especially when we join the boards of Coca-Cola, Procter & Gamble, American Express and Microsoft, we will be reminded of our strength. According to my estimates, Phoenix Investment Group is a large and medium-sized investment company. In the future, with the expansion of business and influence, it will reach a higher height. ”

Tang Bao nodded, very much agreeing with Horst's point of view.

This.

Phoenix Investment Group is a unique scenery in this wave of stock market crash, many financial institutions and enterprises are suffering heavy losses, but they are buying shares of many companies against the trend, and it is very difficult not to attract the attention of Wall Street.

But the downside is also very obvious, as Horst said. Phoenix Investment Group is still a very closed company, and compared with Goldman Sachs, Citigroup, Lehman Brothers and other predators, it still seems much immature. This refers not only to the aspect of funding, but also to the financing ability, network resources and so on, there is a huge disparity.

These.

It needs to be accumulated slowly, and it is not something that can be made up for a moment.

It takes time, to catch up slowly.

For example, Phoenix Investment Group joined the board of directors of four companies, which not only boosted its reputation, but also established relationships with all four companies, so that it could slowly accumulate network resources and even get more sources. Sometimes investing is not a controlling stake in a company, or a small stake may be able to use the company's resources for yourself.

Phoenix Investment Group is closed, and that's right.

Because so far, although Phoenix Investment Group has four shareholders on the surface, in fact, there is only Tang Bao behind it, so it can be said that Phoenix Investment Group is completely operating with Tang Bao's money, and has not carried out any fundraising actions, let alone absorbed new shareholders.

Originally.

Citigroup's Miller wanted to take a stake in Phoenix Investment Group, but Tang Bao rejected it for some reason, he was not resisting other institutions to invest in Phoenix Investment, but the time was not yet ripe, just like he did not plan to promote the listing of Phoenix Investment Group now.

The timing is not right!

Therefore, Phoenix Investment Group has no partners and no stakeholders, and it is not an exaggeration to say that it is going it alone. The advantage is that Tang Bao can control the Phoenix Investment Group as he wants, no one can restrain him, of course, the shortcomings must be very obvious, there are no collaborators, and all kinds of resources need to be accumulated slowly.

Like what.

So far, the venture capital department has been established for a year, and it is still just an empty shell, and a qualified department head has not yet been found. You can only rely on headhunters to introduce some people who don't know the roots, but venture capital is no different from others, and it is really difficult to find a satisfactory supervisor. So this department has never really functioned, and it is a real empty shelf.

In other words, if it is a predator such as Citigroup and Goldman Sachs, there is no trouble about talent at all.

They themselves have very in-depth cooperation with major famous universities, rich talent resources, and have a systematic new talent training plan. And they can easily recruit all kinds of talent, maybe they don't need to hire openly at all, and they can find the ideal person with a private phone call.

And what about Phoenix Investment Group.

So far, there is only one Horst who is struggling to support the overall situation, not only responsible for the overall operation of the company, but also the stock trading department, futures investment department, bond investment department, and venture capital department, all of which are all handled by Horst, because he has not found a suitable supervisor for the time being, so he can only hold it himself.

That's the gap.

There are a lot of Wall Street elites, but none of them belong to you!

"Well, Horst, you're right, it's true that Phoenix Investment Group has not yet integrated with Wall Street, and you need to work hard. In this way, an asset management department will be set up to manage assets and segregated accounts for customers, and a new securities investment fund will be initiated...... Relying on the fame of this stock market crash, I believe that there are many investors who are willing to hand over their funds to us to take care of. Tang Bao said with a smile.

"Yes, boss."

Horst hurriedly agreed excitedly, in fact, he had already had this idea, but he had witnessed Tang Bao's refusal to take a stake in Citigroup before, so he didn't dare to rashly bring it up.

……

Soon.

Phoenix Investment Group launched its first adjustment. Three new departments were established, namely the Risk Management Department, the Legal Department and the Asset Management Department. Tang Bao only served as the chairman of the board of directors of Phoenix Investment Group, and began his first large-scale personnel appointment: Horst was appointed chief executive officer of the company, and temporarily head of the equity investment department, with full responsibility for the company's small affairs. Sean, because of his experience in bond investment and his solid personality, was recommended by Horst to be appointed head of the bond investment department. In addition, Yang Yang, a Chinese trader in the futures investment department, has performed well in several actions and has been appointed as the acting director.

The Venture Capital Department and the three newly created departments remain vacant.

Followed by.

Phoenix Investment Group has begun a new round of open recruitment, including the positions of directors of four departments, which can be regarded as a new round of expansion.

News published......

Many Wall Street elites who thought they had some abilities were moved by the news, and all kinds of resumes poured in like snowflakes, including some experienced financial elites and top students from famous universities such as Havard and Stanford.