I Want To Be a Rich Man on Hong Kong Island

  Chapter 644【Controlling Chiba Bank】

  At the end of January 1981, the international gold price fell to US$495. One of the important reasons was that the Reagan administration implemented a high interest rate policy, which strengthened the US dollar exchange rate and dealt a big blow to gold investors.

  Chiba Bank

  President Yutaka Tian is also very happy. Chiba Bank has made all the money it lost in gold futures, and it has also made a profit of 60 million US dollars;

  However, the senior management that he represents has also paid a considerable price;

  Not only offended the chairman, Ichihiro Domoto, but also the executive director accounted for a large part of the senior management position.

  At this time, through a series of actions, Hiroshi Tian also finally concealed some evidence that he had taken up client funds and caused a lot of losses;

   Therefore, Tian Shang Yu also feels that his first department should be harder. Recently, the executive director of the first department has been too much, and has been involved in too many management affairs.

   "A 28-year-old young man who is so sophisticated and backed by the contact group is indeed my opponent!"

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

  Takami Yu was also talking to himself in his office, the expression on his face was sometimes hideous and sometimes excited.

  Chiba Bank Chairman’s Office.

Although Ichihiro Domoto has recently lost ground, he still looks full of momentum when looking at Wu Xianying;

   "Kisa-kun, do you have anything to report?"

  The boss is full of taste, of course he is Wu Xianying’s boss;

  However, during this period of time, Wu Xianying’s supporters on the board of directors are no weaker than Domoto Ichihiro;

  Especially after the alliance between Lenovo Group and Chiba Bank, the approval rate of both parties on the board of directors reversed;

  The most important thing is that both Wu Xianying and Lenovo Group own a total of 48% of Chiba Bank (Wu Xianying 33%, Lenovo 15%), there is no need to worry about Domoto Kazuhiro and Tian Kami Yu.

  However, Wu Xianying obviously does not intend to directly use his shareholding to force Domoto Kazuhiro, Tian Kami Yuya and others;

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

  Father often said, ‘boil frogs in warm water’, you can get what you want better!

  So, Wu Xianying didn't care about Domoto's tone, but calmly said: "President Domoto, the person you hate the most is President Tiangami, right?"

  Domoto Ichihiro wanted to admit that the most ruthless one was the Yuya Takami who was eating inside and out;

  If he hadn't turned against him, he would never be passive on the board!

   "So what is it, so what is it not?"

  Domoto Yihong neither admits nor denies.

  Wu Xianying said with a smile: "I am dissatisfied with Chairman Tang. Recently I discovered that President Tanakami had lost hundreds of millions of dollars in a transaction last year."

  Domoto was shocked, got up from the office, and said inconceivably: "What you said is the truth? Is there evidence?"

  Wu Xianying said directly: "You can check the evidence later, but I am not here today for this! I suggest that we both join forces to remove the president of Yuya Tian on the board of directors; what do you think?"

  Domoto Ichihiro calmed down. Although he hated the betrayer Takami Yuya very much, this one is also a wolf!

  "What benefits can I get?"

  It's not profitable to be early. Although it feels good to get rid of the enemy, Domoto Kazuhiro also knows that he can have some benefits.

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

  Ichihiro Domoto calmly said, "Then tell me what are your advantages?"

  Wu Xianying got up, and then said: "We have three advantages:

  First, the management of President Tanakami made a big mistake, that is, privately withholding Sony’s funds to purchase gold futures, causing a loss of 200 million US dollars for the company. Obviously, their behavior is not suitable for bank management. "

  Hearing Wu Xianying utter the first point, Domoto was surprised, and it turned out that Tian Shang Yu also had the handle and was caught!

   "Is there any evidence?" Domoto was full of hatred, planning to send these traitors to prison, or his reputation would be bad.

  Wu Xianying spread out and said, “There is no direct evidence! But isn’t his recent performance the best evidence?”

  In fact, there is evidence, but I promised Hiroshi Tian and others not to hold accountable, so I will do it naturally;

  But once things get out of control, they must also be used as a deterrent!

  Domoto heard this, knowing that the evidence must be wiped out. There may be some clues, but that will not become evidence.

   "Even so, why do you think you are suitable for managing Chiba Bank!"

  Domoto Kazuhiro is the chairman of Chiba Bank, holding about 1% of the shares, and he holds shares in the name of other companies;

  So, I still hope that Chiba Bank will develop.

Wu Xianying continued: "Our second advantage is: I am in charge of the investment business of Chiba Bank. In the past six months or so, I have brought Chiba Bank a profit of 200 million US dollars; just ask, can’t this be? Prove my ability?"

  Domoto said incredulously: "You said gold futures made a profit of 200 million U.S. dollars?"

  Wu Xianying nodded, smiling confidently on his face.

  Ichihiro Domoto thought for a while, and said, “Chiba Bank’s investment business accounts for a small proportion, and Chiba Bank is mainly a commercial bank!”

  Chiba Prefecture is the most important industrial concentration area in the island country, but it is in this place that Chiba Bank occupies 40% of the loan market share and 25% of the deposit market share in Chiba Prefecture;

  So, Domoto Kazuhiro is right. Chiba Bank is mainly a commercial bank.

Wu Xianying continued: "Our third advantage is that the vice president Michiji Kimura, the head of the credit department Kamikawa, etc., were originally well-known bankers in Japan. After a year of familiarization with the business, they can completely replace Tanakami. President and others; most importantly, the alliance with Lenovo Group is our masterpiece; now Chiba Bank is developing rapidly, and it is also brought by our management. Mr. Domoto, you are still worried about the new management, no Is it suitable for Chiba Bank?"

  Domoto was stunned. Is this the showdown today?

  This obviously has almost controlled the management of Chiba Bank!

   "What if I don't cooperate with you?"

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

  Wu Xianying made two plans. If Domoto Yihong does not cooperate, he will even form an alliance with the president Yu Tian;

  Then it can only be taken over by violence. First, he took out evidence that Yu Tian was also dereliction of duty, and then he continued to increase his shareholding with Lenovo Group;

  As long as it reaches the 51% line, or even 67% of the shareholding;

  That is absolute shareholding, you can do whatever you want by then!

  But then, Chiba Bank is obviously going to have a big turmoil, which is not conducive to the subsequent business development.

   "I promised! You are very good. If there is no expert behind you, I can't believe that you are only 28 years old!"

   "Thank you for the praise, the chairman, I will continue to perform well!"

  Wu Xianying thought in his heart that Domoto Yihong only had the material to be a puppet, and the time was right, and the post of chairman had to be handed over.

  Chiba Bank suddenly convened a board of directors, which made Hiroshi Takami secretly feel that it was not good.

  Sure enough, on the board of directors, he directly attacked the president Yuya Tian, ​​the reason was malfeasance.

  The situation is compelling, and Tian Shangyu can't resist at all, and he doesn't even dare to die, because he is worried that Wu Xianying has any evidence against him.

   was able to receive a $2 million ‘retirement’, so Takami finally had no idea of ​​fighting it!

  After this meeting, the important positions of Chiba Bank were replaced by Wu Xianying's staff;

  On the board of directors, it is obvious that Wu Xianying's faction also has an absolute advantage.

  At this point, Chiba Bank can be regarded as the 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 would fall from 500 US dollars per ounce to 400 US dollars per ounce, so the investment in gold futures could be slightly increased.

  (End of this chapter)