Chapter 205: Shock
Wang Tianyu sat at the press conference again, looking at the dense crowd of people at the scene, Wang Tianyu showed a mysterious smile on his face.
"Thank you all for coming to the press conference of Tianyu Bank again, I will only say three points at this press conference." Wang Tianyu said with a smile.
"The first point is that I will personally inject another $10 billion into Tianyu Bank." Wang Tianyu then spoke.
After listening to it, everyone in the audience and the people in front of the TV felt that it was not a big deal, after all, Wang Tianyu had already injected funds once. It's just that many people don't understand, why did Wang Tianyu suddenly inject capital into Tianyu Bank again? What happened to this shareholders' meeting of Tianyu Bank? They all looked at Wang Tianyu curiously, looking forward to Wang Tianyu's continued speech.
"The second point is that Tianyu Bank will be changed from a commercial bank to an investment bank." Wang Tianyu then spoke.
Who works on Wall Street doesn't know the difference between a commercial bank and an investment bank? To put it simply, commercial banks simply provide customers with capital storage services, and then lend the bank's funds to enterprises and individuals in need.
Investment banks are generally financial institutions that provide intermediary services for enterprises to issue bonds and stocks and raise long-term funds in the capital market, mainly engaged in securities underwriting, corporate purchase and asset restructuring, corporate wealth management, fund management and other businesses, and its basic characteristics are comprehensive operation of capital market business.
The risk characteristics of investment banks and commercial banks are completely different, commercial banks generally face less risk for depositors, and commercial banks face greater risks, because commercial banks have to face loan risks, that is, loans may not be recovered. In general, investment banks face greater risks, while investment banks have less risks, to put it bluntly, investment banks sell you products or you take money to the investment bank for management, and the losses are borne by the customers themselves.
Gaosheng is one of the two major investment banks in the United States. Moreover, Gaosheng is highly dependent on the income of trading, which means that a large part of Gaosheng's profits come from transactions in the financial market, which also leads to the fact that Gaosheng's profits are very unstable, and sometimes the profits are surprisingly high when the market is good. But sometimes the market is not good or there are trading mistakes, but the profit is pitiful, and there will even be losses.
There are a few stupid people on Wall Street, and after hearing Wang Tianyu's words, they immediately understood what Wang Tianyu meant, and it seemed that they wanted to fight Gao Sheng to the end. Because after Tianyu Bank has become an investment bank, Wang Tianyu does not have to rely on customers, as long as he has money in his hands, he can make money in the financial market, and with Wang Tianyu's ability to make money, this should not be a problem. It can also be seen from here that Wang Tianyu's Tianyu Bank seems to have been reborn from the ashes of a bank that is about to go bankrupt. It became a promising investment bank. And as long as Wang Tianyu shouts on Wall Street, maybe many people are willing to take out the money for Wang Tianyu to invest.
This was a surprise to everyone, but it was the best solution to Tianyu's predicament. Everyone at the scene turned their heads and ears at this moment.
"The third point I want to make is-" Wang Tianyu stopped as he said and glanced at the crowd at the press conference.
Everyone's hearts tugged at it, and they knew it. This should be the focus of this press conference, everyone listened attentively, and the scene, which was still a little noisy, suddenly became quiet. Even the people in front of the TV couldn't help but lean forward and listened carefully.
"At the shareholders' meeting of Tianyu Bank just now-" Wang Tianyu paused again as he spoke, but the reporters below were anxious, and they all looked at Wang Tianyu with blank eyes.
"If you can't give a satisfactory message, see how I clean you up!" Nina, who was in front of the computer, looked at Wang Tianyu on the screen and said fiercely.
"I bought all the shares held by the other shareholders of Tianyu Bank at the current price." Wang Tianyu then said slowly.
Wang Tianyu's words just fell. There was a "crackling" sound at the originally quiet press conference, and the cameras and video cameras in the hands of countless reporters fell to the ground, and even those watching the live broadcast in front of the TV and computer felt that the camera was shaking.
At this moment, except for Wang Tianyu, Concubine Ling Fei and Meng Lina, people's minds are blank, and the only thought is: This is simply impossible!
Acquired all the shares held by other shareholders of Tianyu Bank at the current price? What is the current price of Cosmous Bank? $10 per share, would those shareholders be so stupid? Sell to Gao Sheng not to mention $80 per share. It is estimated that even if it is $100 per share, Gao Sheng may consider it at a critical moment.
"Mr. Wang, what did you, what did you just say?" One of the reporters finally couldn't help but ask.
"I said that at the shareholders' meeting just now, I bought all the shares held by other shareholders of Tianyu Bank at the current price." Wang Tianyu spoke again.
"It's a contract for those shareholders." Wang Tianyu raised the stack of documents in his hand as he spoke.
It wasn't until they heard Wang Tianyu's reaffirmative answer. Everyone finally accepted this fact, but all of them had shocked expressions.
Those who watched the live broadcast were also dumbfounded. Even those in power of big families and big conglomerates who were not shocked were shocked by Wang Tianyu's news. This is definitely something that no one has thought of, not even something that they dare to think of, look at Raulder? Bellanke Van Tian ran to the villas of those shareholders, but he didn't take down those stocks, but let Wang Tianyu do it. They all became curious, how did Wang Tianyu do it?
But none of this is important, the important thing is that this time the battle between Wang Tianyu and Gao Sheng is over, and Wang Tianyu can be said to be a complete victory. Gao Sheng was completely planted in Wang Tianyu's hands this time, and Gao Sheng, as a loser, was slaughtered by Wang Tianyu.
Raulder? When Belranke saw that Wang Tianyu had acquired the shares in the hands of other shareholders so easily, his face suddenly turned green.
Raulder? Belrankefan's heart is full of unwillingness, he has worked hard to run to those shareholders' houses these days, and he hasn't even fished a single hair, but what about Wang Tianyu? I didn't do anything, and in just half an hour, I bought all the stocks. What's even more infuriating is that Wang Tianyu's purchase price is actually at the current price of Tianyu Bank shares, that is, $10 per share. And what about yourself? When I talked to those shareholders about $50 per share, those shareholders were still hesitant. Raulder? The more he thought about it, the more unwilling he became, and then Lauder? Frankfan couldn't hold back, a mouthful of blood sprayed directly onto the computer monitor on the desk, and the whole person leaned on the chair weakly, his face pale.
Then, Wang Tianyu naturally made the headlines of major media around the world again, and the news with the titles of "Tianyu Bank defeated Gao Sheng", "Wall Street financial genius defeated Gao Sheng", "Wang Tianyu became the final winner of Tianyu Bank and Gao Sheng" and other titles quickly spread on the Internet, with a click rate of more than 10 million in just half an hour, and it was rave reviews, and they all praised Wang Tianyu.
As a party, Wang Tianyu also brought countless halos, and once again became the focus of discussion in the financial community, especially Wang Tianyu's last hand was really beautiful and beyond everyone's expectations. Countless people applauded Wang Tianyu's big war, and they admired it even more in their hearts, even if those people from big families and big consortia stood on Wang Tianyu's point of view, they thought they couldn't do this. Wang Tianyu once again gave a miracle to everyone, even the entire financial community.
The battle between Tianyu Bank and Gao Sheng has become the most classic example in the history of finance, and countless professors have analyzed this battle for their students in the classroom. And the writers of those textbooks are naturally not easy to miss such classic cases, and I believe that maybe in the next issue of financial textbooks, there will be a case of Tianyu Bank and Gao Sheng.