Rebirth of the Great Entertainment Empire

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Standard Chartered Bank was formed by the merger of two British overseas banks, namely: the Standard Bank of British South Africa (the Standard Bank of British South Africa), and India Xinjinshan China Bank (after 1911, the name was changed to: India Xinjinshan China Standard Chartered Bank) The Chartered Bank of India, Australia and China).

Standard Chartered Bank was established in 1853 under the charter of Queen Victoria (the English original meaning of the word "Standard Chartered").

In the early 1900s, Standard Chartered became the first foreign bank to be licensed to operate in New York. Standard Bank opened in Port Elizabeth, South Africa in 1863.

From 1890 to 1910, Standard Bank opened a number of branches in Africa, but some were closed due to operational difficulties.

In 1957, Standard Chartered acquired Eastern Bank, thereby acquiring its branch network in Aden (Yemen), Bahrain, Beirut, Cyprus, Lebanon, Qatar and the United Arab Emirates.

By the mid-1950s, Standard Bank had about 600 branches and offices in Africa.

In 1965, after merging with the former Bank of British West Africa (Bank of British West Africa), its network was fully expanded. BWABA has branches in Nigeria, Ghana, Sierra Leone, Cameroon and Gambia.

In 1969, Standard Bank and Standard Chartered Bank merged to form Standard Chartered PLC. Standard Chartered subsequently acquired Britain's Hodge Group (HodgeGroup) and the Wallace Brothers Group (theWallace BrothersGroup).

After the establishment of the Standard Chartered stock listed company, its branches spread all over Europe, Argentina, Canada, Panama, Nepal and the United States. Standard Chartered acquired three US banks, including the Union Bank of California (theUnionBankofCalifornia), which gave Standard Chartered access to Brazil and Venezuela.

Currently, the Standard Chartered Bank Group is preparing to establish a branch in Istanbul.

Even if the positions were liquidated at a constant speed, even if only one-fifth of the positions of Citibank, Royal Bank of Canada and ANZ were liquidated, Xu Cun had cashed out 3 billion US dollars by the end of May.

The process of capital operation is to mobilize money and use money to generate money. How could Xu Cun, who has been learning relevant knowledge in recent years, not understand this truth?

Therefore, as soon as the money entered Xu Cun's account at Baye Bank on Necker Island, Xu Cun divided the money into three parts:

An international acquisition team composed of Yuan Tianfan will go to the London Stock Exchange to sweep up the shares of Standard Chartered Bank on the secondary market-currently, the secondary market of the London Stock Exchange owns at least one-fifth of the shares of Standard Chartered Bank. The stock will be the cheapest shares Xu Cun can get.

A copy was handed over to Zheng Haiquan to acquire the shares of those non-executive directors who hold shares in Standard Chartered Bank - Standard Chartered Bank is a standard British overseas bank with few customers in the UK, but has a wide distribution in Asia, the Middle East and Africa . Unlike HSBC, the shares of Standard Chartered Bank are very scattered. The original shareholder is the London Unemployment and Pension Relief Fund Union. After the merger of South African Standard and Standard Chartered Bank, the shares were further diluted. In the 1970s, after listing in London, Standard Chartered Bank no longer existed Major shareholders in the sense are all held by minority shareholders. Among these small shareholders, some are unwilling to participate in the management of Standard Chartered Bank, and some are unable to join the board of directors because the proportion of shares they hold is too small. These shareholders can be counted as non-executive directors of Standard Chartered Bank. Among them, the London Unemployment and Pension Relief Fund Alliance alone holds 12.9% of the shares of Standard Chartered Bank, and the shares held by all non-executive directors together account for 30 to 40% of the shares of Standard Chartered Bank. In other words, whether Xu Cun can acquire Standard Chartered Bank, these non-executive directors are the key.

(Note: The board of directors of Standard Chartered Bank has a total of seven executive director seats, of which four shareholders with more than 5% of the shares each hold one seat. The remaining three seats are the chairman of the board of directors of Standard Chartered, Lord Roberts, CEO Bonnet, As well as the company's financial director, Talan—this is a professional management team that receives a dividend system. Every year, this team can draw 10% of the profit of the Standard Chartered Group as the salary for seven people. In the last life, this system lasted until the second It was changed to an annual salary system in 2006.

In addition, the Goldston family that actually controls Standard Chartered Bank also holds 8.74% of the shares of Standard Chartered Bank. The Goldston family does not hold many shares in Standard Chartered, and has never even exceeded 10%. However, the Goldston family has always had unimaginable power of appointment and dismissal and influence over the senior management of Standard Chartered. At least five of its family members are in the Standard Chartered senior staff, two of whom serve as directors, and three of them hold important positions in the Hong Kong branch and London headquarters.

It can be said that Xu Cun's biggest enemies in acquiring Standard Chartered Bank are the board of directors of Standard Chartered Bank and the Goldston family who have controlled Standard Chartered Bank for half a century-everyone understands the truth that one king, one king. No one wants to be swept out of the house after being in power. Therefore, the board of directors of Standard Chartered Bank and the Goldston family will definitely resist Xu Cun's acquisition of Standard Chartered Bank, just like they joined forces to resist the acquisition of Standard Chartered Bank by British Lloyds Bank in the previous life. )

The last one was handed over to Mei Aifang to go to the precious metal market and start sweeping gold.

Xu Cun is going to build Baye Bank into the largest private bank in the world, but how can a largest private bank not have gold reserves?

Moreover, on the first two trading days of January 1980, the price of gold reached US$643. Miller, the US Treasury Secretary at the time, announced that the Treasury Department would no longer sell gold, and the price of gold rose three times in less than 30 minutes. Ten US dollars reached 715 US dollars, and reached a new high of 885 US dollars on January 21. Forced by the situation, US President Carter at the time had to come out to suppress the gold market, saying that he would do whatever it takes to maintain the status of the US in the world. At the close of the day, the price of gold fell by US$50. The next day, the price of gold fell another $145. The gold bull market has come to an end, and it has lasted for twelve years. At present, the market price of gold is only more than 300 US dollars per ounce, which is already close to the lowest point in the history of gold prices. It is a very good time to start sweeping gold at this time.

In addition, Xu Cun did not make a sudden decision to reserve gold. As early as when he was building the Baye Mansion, the manor on the Shi'ao Peninsula, and the Baicunju in Beijing, including Musha Island and Necker Island, Xu Cun was in the five places. Five of the safest and strongest vaults in the world were built underground, in order to reserve gold in these five vaults one day.

In fact, to put it bluntly, the most important thing is that after the Plaza Accord, Xu Cun will definitely have a lot of spare cash in his hands, and he has the strength to reserve gold.

All in all, while Xu Cun, who is rich and powerful, is closing his positions at a constant speed, he is also acquiring Standard Chartered Bank and gold, and is committed to building the world's largest private bank.

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