Chapter 1008

For CSCB (Century Standard Chartered Bank), there is indeed a lack of a top leader who can control the global banking industry. Today's Wu Jianmin, to tell the truth, does not have the ability of shortcomings. Otherwise, the reorganization and re listing of the three major banks after the merger will not be delayed for so long, and there is no clear time.

After all, Wu Jianmin was just the president of a small bank in California. He suddenly let him control the business of Standard Chartered and standard bank. In particular, the two companies focused on Asia, Africa and other places. For Wu Jianmin, it was a little beyond his ability.

Wu Jianmin is also a smart man and knows himself very well. After he knows his strengths and weaknesses, he took the initiative to step down as president of the new bank group. People and Li Feng are also old friends and know Li Feng's mind very well.

In fact, Li Feng has not treated others badly. Now he has already entered the ranks of billionaires. After Jamie Dimon joins in, he will serve as chief executive and President of bank retail business. He is the second person of the banking group.

After drinking tea instead of wine, Li Feng finally turned to Larry Fink and said, "Larry, I think Bill has been in contact with you for some time. We all know the general situation. Although BlackRock is now independent, PNC holds nearly 8 layers of shares. In fact, BlackRock is still a subsidiary of PNC. Now it depends on you."

"John, I just need a word from you, new BlackRock. Can you guarantee that I can be in power?" Larry Fink asked back with a serious face.

"Larry, I think you should know my character. As long as you can guarantee your sincerity, I am very decentralized to my subordinates. You can look at the presidents of Dominic, bill and the rest of my companies. They are complaining about why I don't take power by myself and keep them busy all day, I think maybe you will complain like this in the future. "

"I can testify to this. After the boss let me control the bank, I basically don't care what I do. I just need to report my work to the boss by e-mail every day. Of course, the reporting work needs to be realistic, not fraud." Wu Jianmin also explained with a smile.

"Boss is the person who knows how to delegate power, and I can guarantee it." Bill wilbey also broke in with a smile.

……

"In that case, John, do you have the idea of completely taking over the business of PNC group?"

"Eh... You mean PNC Financial Group wants to quit directly?"

"I can convince them, but I want John to exchange your shares in Microsoft and Cisco."

"Can you guarantee that the business of PNC incorporated into BlackRock will be preserved?"

"Of course, BlackRock now controls the asset scale of 120 billion. Although most of these assets are raised, for most investors, they trust BlackRock to join rather than PNC.

Changing from PNC to Tianya investment or St. John Lee makes no difference to investors. Besides, now who doesn't know the name of John's investment tycoon may be more convincing. "

"Do you mean that PNC Financial Group is interested in my shares of Cisco and Microsoft?" Li Feng replied with a smile.

"Yes, since you proposed the merger, I have reported the contents to the board of directors, and PNC Financial Group wants your shares in the two major companies. Of course, relying on BlackRock's shares is obviously not enough. You need to talk to them about the details in person."

"OK, I'm very interested in this proposal, so it's decided. Bill and Larry, you two first contact PNC group to see what kind of idea they have. The value of several technology stocks in my hands is not small. If they really want it, the cost is huge."

"Boss, don't worry. I'll cooperate with Larry." Bill wilbey responded with a smile.

"Ha ha... It's a double happiness today. Don't leave today. Have dinner at home and try the cooking skills of the private kitchen."

"I've heard that all the chefs in the boss's house are invited by Michelin restaurant. Now I'm lucky."

"Then we'll have a good taste!"

“…”

……

No wonder Li Feng is excited. The joining of Jamie Dimon means that his banking group finally has a person who can really control the overall situation. The most top financial banker like Jamie Dimon can control CSCB, which can ensure the smooth road of bank expansion in the future.

Similarly, if BlackRock can be controlled, it will be a consortium with assets of $5 or $6 trillion in the future. Compared with a super banking giant, it is not inferior. With two major financial evils in hand, Li Feng really feels like he can call the wind and the rain.

Li Feng himself will not hold any position in the two financial groups, even his personal shares, only nominally occupy less than 5% of the shares in CSCB bank, at least nominally his wealth is hidden.

As for both of them are willing to join, in fact, Li Feng is lucky. Recently, it is a critical period for both of them. Jamie Dimon stopped talking. His relationship with his former boss and President of Citigroup has turned bad, so he can only be forced to leave Citigroup, and Li Feng's invitation is just in time.

For Larry Fink, he is eager to get rid of the control of PNC. Although BlackRock has just changed its boss, Li Feng promises to ensure his position in BlackRock and fully support his control of BlackRock; Second, it also promised to dilute its shares in the future.

These are very attractive conditions for Larry Fink. Larry Fink is a real professional manager. Although BlackRock was founded by him, Larry Fink's personal shares are less than 1%. What he wants is only to take charge of the company's rights rather than behind the scenes shares. Li Feng has fully met his conditions.

These Li Feng have been guaranteed, and a detailed private agreement will be signed at that time. Nowadays, there are more and more contradictions between BlackRock management and PNC management. It is under this premise that Larry Fink will promote the possibility of Li Feng becoming a major shareholder of BlackRock.

It can be said that Li Feng chose the right time to cooperate with the two

……

Li Feng happens to have the shares of Cisco, Microsoft and other companies that PNC Financial Group wants. Today, the tide of NASDAQ technology stocks is surging, and Cisco and Microsoft are the most prominent among them. Gates has ranked first in the richest man list for four consecutive years with Microsoft shares.

Compared with Microsoft, Cisco's stock and market value are stronger. Yes, today's Cisco market value has a momentum of catching up with and surpassing the micro group. In the original history, in 1999, Cisco first had a market value of more than 500 billion, becoming the world's first market value company at that time.

Now almost all financial institutions are optimistic about Internet technology stocks. After all, according to the current number of Internet users, compared with the global population, the current number of Internet users is only a fraction of the population. Does that mean that the prospects of these technology stock companies are unlimited.

Netizens account for 200 billion of the market value of 100 million. If Internet users are 10 and 2 billion, it is not just trillion or trillions. It is estimated that it is also under such blind optimism that the Internet bubble will emerge before and after the new century, and finally the bubble will be broken.

In short, Li Feng's shares in Microsoft, Cisco and sun systems have become delicious and coveted by all financial institutions. PNC Financial Group is no exception. They didn't expect that Li Feng automatically came to the door because of BlackRock.

With the agreement framework roughly reached with the two people, Li Feng is also secretly proud that he will eventually become one of the super black hands behind wall street.