Chapter 169: The Choice of Bank

Lin Yu smiled bitterly, you said that there are not many large banks, how can I buy them. I don't want to think about it, if it can be acquired, then those big consortia have not been acquired earlier, how can it be left for us to acquire.

Lin Yu carefully recalled the famous banks in later generations, Citibank, Chase, HSBC, and Bank of America, which are definitely the banks controlled by those big families or big consortia, these banks Lin Yu has absolutely no chance to get involved, and even if he does, I am afraid that there are only one or two percent of the shares, for the sake of this share to offend a big family or a big consortium, as long as he is not a fool, he will basically not do this, and Lin Yu is not a fool.

Lin Yu is not too familiar with those banks in Europe and the United States, and the only few who know are also controlled, the more he thinks about it, the more helpless he feels, Lin Yu looked up at Kapus, and saw that Kapus was looking at him with a smile on his face, Lin Yu's heart moved, and asked, "Do you have any good ideas?" ”

Cappus smiled and said, "I can't say that there isn't, it's just not too detailed." ”

Hearing that there was, Lin Yu hurriedly said: "Let's hear it, if it's suitable, then we will improve this plan in the future." ”

Kapus lowered his head and thought for a moment and said: "Regarding the problem of banks, I have been thinking about it for a long time, and I can only say that there are only two ideas, one is to start with a slightly larger bank, but this is difficult, but it is not impossible, and the other is to start with a weak bank, which should be said to be very possible." ”

"Didn't you say you were going to buy a big bank?" Lin Yu asked puzzled.

Hearing this, Capus smiled bitterly and said, "Boss, how can there be so many big banks?" After a pause, he continued: "But boss, if the two methods I said are successfully implemented, even if they can't catch up with the large banks, they are enough to surpass those medium-sized banks, and they are enough to drive our development in the early stage, and the rest have to develop slowly in the future, and if the development is good, it is still very possible to become a large bank." ”

Hearing him say this, Lin Yu also became interested and said, "Oh? You tell us more specifically. ”

"The first is to start with a slightly larger bank, although such a bank is not strong enough, but it is very substantial, if such a bank can be acquired, it will be very beneficial to the development of the bank in the future." Capps said.

"Are there any good options?" Lin Yu asked.

Capps pondered for a moment and said, "There are a few good banks. After a pause, he continued under Lin Yu's expectant eyes: "One is Standard Chartered Bank in the United Kingdom, and the other is HSBC, although these two banks are not strong, they still have some background, so they are not bad." ”

"Standard Chartered Bank, headquartered in London, is a British bank, although the strength of Standard Chartered Bank is not a large bank, but its heritage is good, especially in Asia and Africa, Standard Chartered Bank is still very influential. However, the main business of this bank is mainly concentrated in Asia, the Indian subcontinent, Africa, the Middle East and Latin America and other developing countries, and the influence of developed countries is very small, so the advantages and disadvantages are relatively obvious, although Standard Chartered Bank is a bank in London, England, but its customers in the UK are not many, from which it can be seen that Standard Chartered Bank has influence with Europe. ”

"However, the benefits of acquiring Standard Chartered are also clear, not to mention its influence in developing countries, Standard Chartered has partial rights to issue Hong Kong dollars, and most importantly, Standard Chartered Syndicate Limited, the parent company of Standard Chartered Bank, is a constituent of the Financial Times 100 index."

After Kapus finished speaking, he looked at Lin Yu, only to see Lin Yu sitting there quietly, not knowing what he was thinking.

In fact, when Capuz said the name of Standard Chartered Bank, Lin Yu recalled the relevant things about Standard Chartered Bank in his mind.

Standard Chartered Bank was also known as Standard Chartered Bank and Standard Bank in later generations.

As Capuls said, Standard Chartered is a bank with a long history, dating back to 1853.

In 1853, under the charter of Queen Victoria, Standard Chartered Bank was established in London, and then developed rapidly, five years after the establishment of the bank, it opened branches in Kolkata, Mumbai and Shanghai, and then in 1859, the Hong Kong branch and the Singapore branch were established.

The development of Standard Chartered Bank is a miracle, the number of branches around the world is increasing rapidly every year, and in the early 1900s, Standard Chartered Bank entered New York and became the first foreign bank to be allowed to do business in New York.

You must know that New York has the name of the largest city in the United States, in New York, there has never been a shortage of rich people, where there is money, there are banks, this sentence is exactly what New York is talking about, it can be said that the number of banks in New York alone will account for one-tenth of the number of banks in the United States, so the establishment of the New York branch of Standard Chartered Bank can be said to be very unoptimistic, and many people are guessing that Standard Chartered Bank can open in New York for a few days.

However, to everyone's surprise, the New York branch of Standard Chartered Bank did not collapse quickly, but gradually developed, although it is nothing compared to the branches of the big banks and Standard Chartered Bank in other places, but it is enough to make everyone look sideways.

After the Second World War, Standard Chartered Bank was in decline for a time, but after the Second World War, it miraculously recovered quickly and in 1957 it acquired the Oriental Bank, which gave it branches in Aden, Bahrain, Cyprus, Qatar, Lebanon, Beirut and the Arab Barrage Emirates.

Standard Chartered Bank opened a number of branches in Africa for 20 years from 1890 to 1910, but during World War I and World War II, some of them were closed due to business hardships or war reasons, and after World War II, Standard Chartered Bank continued to increase the number of branches in Africa, and by the mid-50s, Standard Chartered Bank had nearly 600 branches and offices in Africa.

Thinking of this, Lin Yu got along, and it seems that there should be a reason why Capuz values Standard Chartered Bank.

You must know that as a bank with great influence in Africa, Standard Chartered Bank definitely has the right to develop many mines in Africa, even if it is the right to exploit oil, Standard Chartered Bank will also have it.

Standard Chartered's further expansion and strength will not be until the 60s.

In 1965, after merging with the former British West African Bank, Standard Chartered expanded further, and in 1969, Standard Chartered was greatly strengthened.

In 1969, Standard Bank and Standard Chartered Bank merged to form Standard Chartered Shares, a publicly traded company, and then Standard Chartered Bank acquired the Hodge Group and Wallace Brothers Group in the United Kingdom.

Since the establishment of the Standard Chartered listed company, its branches have spread throughout Europe, Argentina, Canada, Panama, Nepal and the United States.

Standard Chartered's acquisition of three U.S. banks, including the Union Bank of California, gave Standard Chartered access to Brazil and Venezuela.

It can be said that the current scum is going to be a large bank, but because its influence in developed countries is low, it has been excluded from the ranks of large banks. But even so, as a large bank with a long history and deep heritage, Standard Chartered Bank has a wide influence in the world.

You must know that although the world's wealth is in Europe and the United States, most of the world's population and resources are distributed in developing countries, so Standard Chartered Bank is enough to attract people's attention.

However, what Lin Yu values most is the issuance right of the Hong Kong dollar owned by Standard Chartered Bank, which is the right to issue a currency, although it is only a part, but it is enough to show its strength. At least in some cases, it can affect Hong Kong's political axe. As the Rothschild family famously said, "As long as I can control the currency of a country, I don't care who makes the laws."

Although this sentence is not entirely correct, it is also very correct to illustrate the importance of the right to issue money.

You must know that in order to snatch the right to issue dollars from the Federal Reserve, the US political axe has sacrificed several presidents one after another, but without exception, the sacrifices of these presidents are meaningless.

Although the Hong Kong dollar is only a regional currency, it is undoubtedly important to know Hong Kong's status in the world, especially for the United Kingdom and China.

Although he knew the extent of its influence and development in later generations, Lin Yu was still not sure whether the bank could influence developed countries.

After thinking about it, but without any clue, Lin Yu shook his head gently, raised his head to look at Cappus, and asked, "What about the other bank?" ”

"The other bank is HSBC. HSBC's full name is HSBC Bank of the United Kingdom, and it is also a long-established bank with a long history, headquartered in London, and belongs to the HSBC Group. As for the strength of the HSBC Group? After a moment's pause, Kapouse continued: "The HSBC Group is a good group, with subsidiaries in many developed and developing countries in Europe, Asia Pacific, the Americas, the Middle East and Africa, especially in London, the United States, Paris and Bermuda. Like Standard Chartered, HSBC also has part of the right to issue Hong Kong dollars, but although HSBC is very strong, compared with Standard Chartered Bank, it has shortcomings, mainly because HSBC's shareholders are too chaotic, about 200,000 or so, distributed in more than 100 countries and regions, which is also very troublesome. ”

Hearing this, Lin Yu frowned, the distribution of shareholders is too scattered. Could it be that it is controlled by some family?

Thinking of this, Lin Yu looked up at Capus and asked, "Is it possible that the bank controlled by a certain consortium?" ”

(To be continued)