I want to be a giant of Hong Kong Island

Chapter 645 [Control of Chiba Bank]

At the end of January 1981, the international gold price fell to US$1. One of the important reasons was that the Reagan administration implemented a high interest rate policy after taking office, which strengthened the US dollar exchange rate and dealt a great blow to gold investors.

Chiba Bank
President Hiroshi Tagami is also very happy. Chiba Bank has made back all the money it lost in gold futures, and it has also made a profit of 6000 million US dollars;
However, the high-level management he represented also paid a considerable price;
Not only did he offend the chairman, Domoto Ichihiro, but also the executive directors took up a large part of the senior management positions.

At this time, through a series of actions, Tian Shangyu finally covered up some evidence that he had occupied the client's funds and caused a lot of losses;
Therefore, Tian Shangyu also felt that his department should be tougher. Recently, the department of executive directors has gone too far and intervened in too many management affairs.

"A 28-year-old with such sophistication and the backing of an affiliated group is definitely my opponent!"

"Hmph, so what! I have worked in Chiba Bank for 30 years, so I will still lose to him; it is time to regain those lost rights!"

Tian Shangyu was also talking to himself in his office, with a ferocious expression on his face and excitement at other times.

Office of the President of Chiba Bank.

Although Tang Ben Yihong has recently lost power, he still looks full of momentum when looking at Wu Xianying;

"Jiusha-kun, do you have something to report?"

Opening his mouth means that the boss has a full taste, of course he himself is Wu Xianying's boss;
However, during this period of time, Wu Xianying's supporters on the board of directors were not weaker than Domoto Yihong;
Especially after the alliance between Lenovo Group and Chiba Bank, the support rate of both parties on the board of directors has reversed;
The most important thing is that both Wu Xianying and Lenovo Group own a total of 48% of the shares of Chiba Bank (Wu Xianying 33%, Lenovo 15%), so there is no need to worry about Domoto Kazuhiro and Tanaka Hiroya.

However, Wu Xianying obviously does not intend to directly use the shareholding to force Domoto Kazuhiro and Tanaka Yuya and others;

After all, this will cause too much turmoil in Chiba Bank and affect normal operations;

One of the words my father often said is "boil the frog in warm water", so that I can get what I want better!
Therefore, Wu Xianying didn't care about Domoto Kazuhiro's tone at all, but said calmly: "President Domoto, the person you hate the most should be President Tanaka, right?"

Domoto Yihong wanted to admit that he was indeed the most ruthless Yuya Tanaka;
If he hadn't defected, he would never have been passive on the board of directors!

"What if it is, what if it isn't?"

Domoto Yihong neither admits nor denies it.

Wu Xianying said with a smile: "I am dissatisfied with President Domoto. Recently, I found out that President Tanue lost hundreds of millions of dollars in a transaction last year."

Tang Ben was shocked, got up from the office, and said in disbelief: "What you said is the truth? Is there any evidence?"

Wu Xianying said directly: "You can check the evidence later, but I didn't come to you today for this matter! It's a suggestion that we both join hands to remove the president of Yuya Tasue from the board of directors; what do you think?"

Domoto Yihong calmed down, although he hated Yuya Tasue as a traitor, but this one is also a wolf!
"What's in it for me?"

It's too early to get rid of the enemy, although it's good to get rid of the enemy, but Domoto Yihong also knows that he can get some benefits.

Wu Xianying said confidently: "Chairman Domoto, we should think from the perspective of the company. Whoever will bring development to Chiba Bank should manage Chiba Bank. Do you think so?"

Tang Ben Yihong said calmly: "Then tell me, what advantages do you have?"

Wu Xianying got up and said, "Our advantages are threefold:

First, the management of President Tanaka made a big mistake, that is, privately withholding Sony's funds for buying gold futures, which caused a loss of 2 million US dollars for the company.Obviously, their behavior is not suitable for bank management. "

Hearing Wu Xianying say the first point, Domoto Yihong suddenly realized that Tian Shangyu also had a reason to be caught!

"Is there any evidence?" Tang Ben was full of hatred, planning to send these traitors to prison, or ruin their reputation.

Wu Xianying spread his hands and said, "There is no direct evidence! But isn't his recent performance the best evidence?"

In fact, there is evidence, but I promised Tian Shang Yuya and others not to pursue responsibility, so it is natural to do so;

But once things get out of control, it must be used as a deterrent!
Tang Benyihong heard the words and knew that the evidence must have been wiped out. There may be some clues, but that will not become evidence.

"Even so, why do you think you are suitable to manage Chiba Bank!"

Domoto Kazuhiro is the chairman of Chiba Bank, and holds about 1% of the shares, which are held in the name of his other companies;
Therefore, I still hope that Chiba Bank will develop.

Wu Xianying continued: "Our second advantage is: I have been in charge of Chiba Bank's investment business. In the past six months, I have brought Chiba Bank a profit of 2 million U.S. dollars; let me ask, isn't this possible? To prove my ability?"

Domoto Kazuhiro said incredulously, "You mean the gold futures made a profit of 2 million dollars?"

Wu Xianying nodded with a confident smile on his face.

Domoto Kazuhiro thought for a while and said, "Chiba Bank's investment business accounts for a very small proportion, and Chiba Bank is mainly a commercial bank!"

Chiba County is the most important industrial concentration place in the island country, but it is in this place that Chiba Bank occupies 40.00% of the loan market share and 20.00% of the various deposit market shares in Chiba County;
Therefore, what Domoto Kazuhiro said is correct, Chiba Bank is mainly a commercial bank.

Wu Xianying continued: "Our third advantage is that the vice president, Michiji Kimura, and the director of the Credit Department, Kamigawa Moto, are originally famous bankers in Japan. After a year of familiarity with the business, they can completely replace Taue The president and others; the most important thing is that the alliance with Lenovo Group is our masterpiece; the rapid development of Chiba Bank is also brought by our management. Mr. Domoto, you are still worried about the new management, no Is it suitable for Chiba Bank?"

Tang Ben Yihong was dumbfounded, is this guy here for a showdown today?

This has obviously almost controlled the management of Chiba Bank!
"What if I don't cooperate with you?"

Wu Xianying said with a smile: "You will cooperate with us! Because you are the president, you need to consider the value of the shares in your hands!"

Wu Xianying has two plans. If Domoto Kazuhiro does not cooperate, he may even form an alliance with the president Yu Tian;

Then it can only come to a violent takeover, first to show the evidence of Yuya Tasue's dereliction of duty, and then continue to increase the shareholding with Lenovo Group;
As long as you reach the line of 51%, or even 67% of the holdings;

That is to hold shares absolutely, and you can do whatever you want at that time!

However, in that case, Chiba Bank will obviously experience major turmoil, which is not conducive to the later business development.

"I promise! You are amazing, if there is no expert behind you, I can't believe you are only 28 years old!"

"Thank you for the compliment, President, I will continue to perform well!"

Wu Xianying thought in his heart that Tang Ben Yihong only had the material to be a puppet, and when the time was ripe, he had to hand over the post of president.

Chiba Bank's sudden meeting of the board of directors made Tian Shangyu secretly feel bad.

Sure enough, on the board of directors, he directly attacked the president, Yuya Tian, ​​on the grounds of dereliction of duty.

The situation was pressing, and Tian Shangyu couldn't resist at all, and he didn't even dare to kill him, because he was worried that Wu Xianying would have any evidence against him.

Being able to receive a 'retirement' of 200 million U.S. dollars made Hiroya Tasue finally have no idea of ​​fighting for it!

After this meeting, all the important positions in Chiba Bank were replaced by people from Wu Xianying's family;
On the board of directors, it is obvious that Wu Xianying's faction also has an absolute advantage.

So far, Chiba Bank is considered a real Wu family business.

After Wu Guangyao heard the news on Hong Kong Island, he immediately arranged for Lenovo Group and the Japanese branch of the family office to hand over most of the business to Chiba Bank;

At the same time, Wu Guangyao told Wu Xianying that the price of gold will fall from US$500 per ounce to US$400 per ounce, so you can slightly increase your investment in gold futures.

(End of this chapter)