We are all reborn, who wants to be the richest man?

A leading U.S. company was acquired by a foreign company.

A giant company whose majority of its industries are located in the United States is preventing the American people from sharing in the profits.

Do you think this is something Wall Street would tolerate?

The answer is impossible.

Since it's impossible, I'll hand it over in exchange for the resources I want and to avoid future troubles.

The entire Wall Street attaches great importance to Texas Instruments' financing, but Luo Nianzhong's cooperation this time is very targeted, and it can be said that the Jewish consortium is almost excluded.

It’s not that Luo Nianzhong did this intentionally, but the Jewish consortium could not give him what he wanted and could not meet his requirements.

Plant-based bank, this is the bargaining chip that Luo Nianzhong needs to obtain from Wall Street. Such chips are basically in the hands of the Anglo-Saxons, which is what the Jewish consortium is unwilling to pay and cannot satisfy Luo Nianzhong.

We all know that there are two types of enterprises, plant-based enterprises and animal-based enterprises.

Plant-based enterprises are those that are rooted in the local area, for example, they become the industry leader in a region or a country, and their main focus is on in-depth localized business strategies.

The most famous industry is the real estate industry. You have never seen a real estate company that has just developed a huge profitable real estate project in a place in the south and then suddenly went to the north to get a piece of land to develop another real estate project.

In other words, we take on the first project in one country and then develop the second project abroad.

It must develop in this city or neighboring cities, and then expand outward after it has grown strong and has a solid foundation.

But it is different for animal-based enterprises. They can often be found wherever there is blood and profit.

That's often the case with multinational corporations. I'll invest wherever I can make money.

The representatives of these two types of enterprises in the banking industry are commercial banks and investment banks.

The banks that the Luo family has in the United States are basically investment banks, and commercial banks cannot be developed at all. It is not because of bad intentions from outsiders but because of the people's lack of trust.

Why are there tens of thousands of banks in the United States? Because often the largest commercial bank in a city is often just a small bank that only exists in this city. They rely on the influence of dozens or hundreds of years and several generations to put a label of trust on a city.

Even giants like Wall Street expand by acquiring local banks or through mergers and acquisitions.

Therefore, if you want to own a commercial bank of a certain scale in a short period of time, the simplest and only way is acquisition.

As for investment banking, Luo Nianzhong has basically completed the layout and only needs a gust of wind to make its investment bank take off.

What Luo Nian needs most now is a stable source of debt, that is, a source of funds.

We often hear about balance sheets. Assets are where the money goes, and liabilities are where the money comes from.

For Luo Nianzhong, no one knows better than him how to use the money and where the money should go, at least for the next forty years.

It is clear how to spend the money, but how to make the money is now the problem that Luo Nianzhong needs to consider.

The Luo family’s money and private equity money can be used to raise funds in the market.

But there is also a problem here, that is the financial crisis.

When the financial crisis broke out, the Luo family’s assets were certainly affected, and so was the global market.

What if you need a large sum of money at this time? Owning a commercial bank of a good size is the best choice.

During the 08 subprime mortgage crisis, all everyone saw were the mergers and acquisitions of Wall Street giants. If you were more careful, you would find that these merged giants were marriages of investment banks and commercial banks, which was deliberately promoted by the White House of the United States.

Commercial banks have very low liability costs, but their asset portfolio performance is not excellent. The main reason for this is poor risk rating.

What does it mean? All commercial banks have to invest more money. If they don’t invest more money, they can’t make loans. They just lend money to companies that need loans and earn the interest difference in the middle.

Commercial banks have to pay interest on their huge deposits. Without such investment, they cannot lend out large amounts of funds, and the money in their hands is a liability.

If there is no other way, as long as there are no major problems in the assessment, commercial banks are better at helping companies get investment than investment banks. No one knows how much shit there is here.

Therefore, commercial banks often make mistakes in their risk assessment, especially in pricing medium- and long-term risks.

But investment banks are different, because the liability side of investment banks is actively leveraged and can be actively expanded and reduced, so it has a high degree of flexibility in the balance sheet.

When a commercial bank with a lot of investments faces an investment bank with stable long and short risk pricing, the combination of the two is very good.

It was during the historic subprime mortgage crisis that the United States realized the importance of cooperation. However, it was not without its drawbacks. The financiers completely kidnapped the United States.

No one can say for sure who has benefited more, Wall Street or the White House. In the long run, Wall Street is definitely the one that benefits more.

Luo Nianzhong, who knew the answer in advance, must have made arrangements in advance. His initial target was the North Carolina National Bank. After taking over this bank, Luo Nianzhong could cooperate with the California Consortium in the future to form Bank of America, one of the top commercial banks in the United States.

According to historical development, the North Carolina National Bank merged with Citizens Southern Bank-Monarch Corporation to form the National Bank in 1991. After the Interstate Banking Act was officially implemented in 97, the National Bank merged with Bank of America and was renamed the United States Bank of America.

At this point, Bank of America's business has expanded to the western United States and has control over the central and western markets.

Later, through cooperation with eastern chaebols, it acquired the Boston flagship bank for US$492.6 billion, and expanded its business to the East to become a national bank. This is the main body of Bank of America.

However, what really made Bank of America a giant in the U.S. banking industry was its merger with the huge Merrill Lynch Bank. After becoming a giant in the U.S. banking industry, Bank of America did not stop its development.

The acquisitions of credit card company MBNA for US$350 billion, ABN AMRO North America for US$210 billion, and mortgage agency ABN AMRO for US$41 billion established the Bank of the United States' dominant position in the mortgage market.

To put it in depth, this is a bank jointly controlled by the Morgan Consortium, the California Consortium and the Cleveland Consortium, with the California Consortium being the majority.

Even though the top three shareholders of Bank of America are Buffett's Berkshire Hathaway, Jewish BlackRock and other companies, the real control is still in the hands of the Wasp Tribe, that is, the Anglo-Saxons.

Unfortunately, Morgan Stanley would rather give up its shares in Morgan Stanley than let go.

Now both Jews and Wasps are pushing for financial industry reform. They know that the Intercontinental Banking Act will be passed sooner or later, and these banks will become the tonic for the giants in the future.

Do you think that once Zhengce changes, the merger and acquisition can be completed just by talking?

First of all, they must trust each other and complement each other. The best way to achieve this condition is that they all have the same boss or come from the same force.

How did the merger and acquisition boom come about? Suddenly, hundreds or even thousands of banks were able to cooperate and merge? Why did the banking reforms pushed by all the top leaders take so long to be finalized?

All of this is the giants giving themselves time to take advantage of information gaps and acquire as many small banks as possible when they are unaware of the situation.

Once the time is ripe and the bill is pushed forward, everything seems to be a natural outcome.

Even though his idea was shattered, Luo Nianzhong was not in a hurry.

History, isn't it? It's broken.

Since you won't let go, I will develop slowly and gradually, starting from city banks and building my own commercial bank network one by one.

Although this wastes time and money, it is not without its benefits, and that is that you have the final say.

However, there is also a biggest disadvantage, that is, if there is no cooperation, forget about becoming the first group. Luo Nianzhong’s goal is to be in the top 20 in terms of asset market value.

But it is not absolute. There will be plenty of opportunities in the future. I don’t believe that I won’t be able to have a full meal by 08.