Chapter 1872: Old Morgan's Thoughts
"Feng Yu bought a British bank, which is a large commercial bank. What do you think?" Stan Morgan closed his eyes and leaned on the sofa.
"Feng Yu originally owned shares in a commercial bank. Recently, we have acquired many related companies in the United States. It seems that he is going to enter the banking industry on a large scale."
"Furthermore, Feng Yu himself is good at financial investment. The banking industry is the foundation of the financial industry. Feng Yu wants to expand this business, which we have thought of for a long time, but we did not expect him to start so soon, and the momentum is so fast. .”
"However, compared to our Morgan Stanley, Feng Yu's bank is not worth mentioning at all. The British bank he bought only has a deposit of 20 to 30 billion pounds, and his Minsheng Bank, I am afraid it is still worthless. Less than $20 billion in storage."
Which of these banking giants doesn't control trillions of dollars in assets? They don't pay attention to banks with tens of billions of dollars.
Stan Morgan opened his eyes suddenly: "Then have you calculated the value of the securities they control? Have you calculated their business in China? Do you know how many branches Feng Yu currently owns?"
Their Morgan Consortium can stand today not only because of their strong financial resources, but also because they are cautious enough, and every decision is not made lightly.
Otherwise, there are so many wealthy people who have risen in history, why did most of them disappear later?
The Morgan consortium is very powerful, but it can't be said to be comparable to those ancient families in Europe. Who knows how deep the foundation is there.
Feng Yu is currently the fastest rising rich man, a star that even blocks the brilliance of the moon. If you think that Feng Yu is just lucky, you are very wrong.
No matter how lucky you are, it is impossible to make money in everything you invest in. No one will have such tyrannical luck, so in the final analysis, it is Feng Yu's ability.
Who among these big financial groups has not investigated Feng Yu's background information. He originally thought that Feng Yu was from a certain Huaxia family, but later found that Feng Yu had no background at all.
Relying on his own strength, he has actually made such a big industry. The first time Feng Yu let them know his name was in the early 1990s, when he took a large amount of loans from the former Soviet Union and then invested in the crude oil futures market, selling crude oil with high leverage and making a lot of money.
At that time, most of the financial experts analyzed that the price of crude oil was going to rise, but this person even predicted that the price of crude oil would fall, and bet on it all. This kind of confidence and ability made them sigh that the future is terrible.
Then during the Asian financial turmoil, this Feng Yu was able to contact many rich people in Xiangjiang, and together they beat Soros to a disastrous defeat, and made a lot of money.
It was also at that time that Feng Yu's net worth skyrocketed again, and he truly became one of the world's top rich men.
Later, Feng Yu became a shareholder and director of Microsoft, and he really entered the sight of these big conglomerates, and then saw Feng Yu wantonly investing in Internet-related industries in North America.
However, Feng Yu was the one who burst the dot-com bubble, and they didn't quite understand it at the time. Ordinarily, the bigger the bubble, the more Feng Yu, who has invested in so many Internet-related industries, can earn more.
As a result, after the decline of the industry, the industries Feng Yu invested in are thriving instead, and now many of them have developed into the best in the industry. They really admire this kind of investment vision.
It seems that Feng Yu can always find those companies with great potential. Their Morgan consortium also invests, and the investment is also very large, but in terms of return on investment, it is far from comparable to Feng Yu.
However, they also learned about Feng Yu's original investment situation. Feng Yu always gave the founder enough profits, and gave the other party enough power and respect, which the Morgan consortium could not do.
Under normal circumstances, I invest the most money, and this company should have the final say on me. Whether you are the founder or not, whether you know the industry better than me.
We are a dignified Morgan consortium, is there any industry that we don't understand? Even if you don't understand,
As long as we think about it, we can do it well! You know, you can only work for us!
In this financial crisis, Feng Yu actually won a complete victory. It is said that he has earned several times the profit just from the trading of crude oil futures, and has also made some gains in investment in other financial products. His wealth alone is equivalent to a medium-sized consortium!
When Feng Yu got the payment package and Beibao, they suspected that Feng Yu would one day want to enter the traditional banking industry. The payment package and Beibao were a challenge to their traditional banking industry. After they boycotted, Feng Yu also took a step back. In terms of wealth such as cash retention and current accounts, their traditional banks still took advantage.
Now Feng Yu has really started to enter the banking industry on a large scale. In North America, many branches and business outlets have opened at the same time. The European side has also begun to deploy at this time. Feng Yu's plan is very big!
At this time, all the banking industries were affected by the financial crisis, and their turnover and profits were declining. Almost all banks were laying off employees. Feng Yu chose to expand at this time, and many people saw Feng Yu's powerful.
Moreover, after Feng Yu acquired so many financial companies, many businesses were opened directly, and it was extremely difficult for them to restrict Feng Yu's bank development.
At this time, if they were crowding out Feng Yu's bank publicly, it would cause serious damage to the reputation of the United States. Only then did they understand that Feng Yu's choice of this time also had a deep meaning.
Watching each other expand helplessly, they are helpless.
Now it seems that the development of Feng Yu's banks is not doing well. Although there are many acquired businesses, most of them are still in a state of loss, especially the Minsheng Bank's savings are very low.
But they didn't forget how Feng Yu promoted PayPack and Beibao back then. Feng Yu ascended the ranks and used his own name as a guarantee, which was even more trusted by customers than their more powerful banks.
It can be said that when it comes to personal branding, the helmsmen of these big consortiums, even the president of the United States, are far from being able to compare with Feng Yu. The title of the world's richest man has greatly added to Feng Yu's reputation.
What Feng Yu did in the past, such as Internet and electronics, had an impact on their interests, but not much. But now that Feng Yu is aggressively entering the banking industry, it will touch their cake.
Feng Yu may be very good at financial investment, especially in stocks and futures, but the traditional banking industry is still very different from those.
This time, they will let Feng Yu know that Feng Yu can't develop the traditional banking industry. Unless your bank allows us to take a stake, otherwise we will be suppressed by us for the rest of our lives!
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