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Chapter 642 [Controlling the Chiba Bank]

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

Chiba Bank

President Yuki Tatsuya was also very happy that Chiba Bank had made all the money lost in gold futures, and it also made a profit of 60 million US dollars;

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

Not only did he offend the president, Domoto Yihong, but he also occupied a large part of the specialized directors' department in the senior management position.

At this time, Tian Shangyu also used a series of actions to finally cover up some evidence that his own occupation of customer funds caused a large loss;

Therefore, Tian Shangyu also felt that his department should be tougher. Recently, the department of specialized directors has been too much and has intervened in too many management affairs.

"A 28-year-old young man acts so well and has a connection with the group as a backing, so he can really be regarded as my opponent!"

"Hmph, so what! I have worked at Chiba Bank for 30 years, may I still lose to him? It's time to regain those lost rights!"

Yu Tanaka also talked to himself in his office, his expression on his face was sometimes ferocious and sometimes excited.

.........

Office of the President of Chiba Bank.

Although Ichiho Domoto has lost power recently, he still looks very imposing when looking at Wu Xianying;

"Kushajun, do you have anything to report?"

When he speaks, he has a lot of taste in his superiors, and of course he is Wu Xianying's boss;

However, during this period, Wu Xianying's supporters on the board of directors are no less than Domoto Ikong;

Especially after Lenovo Group and Chiba Bank formed an alliance, the approval ratings of both parties at the board of directors reversed;

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

However, Wu Xianying obviously did not intend to use his shareholding to directly suppress Domoto Ichiho Wada Hiroya and others;

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

A saying my father often said is "boil frogs in warm water" to get what he wants better!

So, Wu Xianying didn't care about Domoto Ikong's tone at all, but said calmly: "President Domoto, the person you hate the most should be President Takami, right?"

Ichiho Domoto wanted to admit that he was indeed the most cruel person, Yuya Takami who was stingy inside and outside;

If he hadn't turned against him, he would never have been passive on the board of directors!

"So what, so what, no?"

Ichiho Domoto neither admits nor denies it.

Wu Xianying said with a smile: "Don't be satisfied with President Don't. Recently, I found that President Tianshao lost hundreds of millions of dollars in a transaction last year."

Domoto Ichiho stood up from his office and said incredibly: "What you said is facts? Is there any evidence?"

Wu Xianying said directly: "You can check the evidence later, but I came to you today not for this matter! Instead, I suggest that we join forces to remove Yuya Tashita from the president of the board of directors; what do you think?"

Ikor Domoto calmed down. Although he hated Yuya Tatsuya, a betrayer, this person was also a wolf!

“What benefits can I get?”

You can't get up early without any profit. Although it's a great time to get rid of your enemies, Ichiho Domoto also knows that he can get some benefits.

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

Domoto Ichiho said calmly: "Then tell me what are your advantages?"

Wu Xianying stood up and said, “We have three advantages:

First, the management team of President Takami made a big mistake, which was to privately intercept Sony's funds for purchasing gold futures, causing the company a loss of 200 million US dollars. Obviously, their behavior is not suitable for bank management."

When he heard Wu Xianying say the first thing, Domoto Yihong suddenly realized that Tian Shangyu had a handle and was caught!

"Is there any evidence?" Domoto Ichiho was heartbroken and planned to send these traitors to prison or make their reputation bad.

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 if you promise Yu Ya and others not to hold them accountable, you naturally have to do so;

But once things get out of control, they should still be used as a deterrent!

When I heard this, I knew that the evidence must have been eliminated. Some clues may be there, but that would not be evidence.

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

Ichiho Domoto is the chairman of Chiba Bank, and holds about 1% of the shares, which is in the name of his other companies;

Therefore, I still hope that Chiba Bank will develop.

Wu Xianying continued: "Our second advantage is: I am in charge of Chiba Bank's investment business, in the past six months, I have brought Chiba Bank a profit of US$200 million. I would like to ask, can't this prove my ability?"

Domoto Ichiho said incredibly: "You are talking about gold futures making a profit of US$200 million?"

Wu Xianying nodded and smiled confidently.

Ikor Domoto thought for a while and said, "Chanye Bank's investment business accounts for a small proportion, while Chiba Bank is mainly commercial banks!"

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

So, Ichiho Domoto said it right, Chiba Bank is mainly commercial banks.

Wu Xianying continued: "Our third advantage is that Vice President Mikura Kimura, Minister Mikawamoto, and others of the Credit Department, were originally famous Japanese bankers. After a year of familiarity with the business, they can completely replace President Takami 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, are you still worried that the new management is not suitable for Chiba Bank?"

Domoto Ichiho was stunned. Is this person here to showdown today?

This has obviously almost controlled the management of Chiba Bank!

"What if I don't work 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 your shares!"

Wu Xianying made two plans, if Domoto Ichiho did not cooperate, he would even form an alliance with President Takami Yu;

Then we can only take over violently. First, we will show evidence that Tian Shangyu was also dereliction of duty, and then continue to increase our holdings with Lenovo Group;

As long as you reach the 51% line, or even 67% of the holdings;

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

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

"I agreed! You are very awesome. If there is no expert behind your back, I really can't believe you are only 28 years old!"

"Thank you, the president for your praise, 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, so he had to hand over the position of president.

...........

Qianba Bank suddenly held a board meeting, which made Yu Tian secretly feel that something was wrong.

Sure enough, at the board of directors, he also directly attacked President Tian Shangyu, because the reason was dereliction of duty.

The situation was pressing, and Tian Shangyu could not resist at all, and he didn't even dare to fight to the death because he was worried that there would be any evidence that Wu Xianying would be unfavorable to him.

Being able to receive a $2 million "pension" made Yu Tanuki no longer have the idea of ​​making a fight!

After this meeting, all important positions in Chiba Bank were replaced by Wu Xianying's group;

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

At this point, Chiba Bank is considered a real Wu family business.

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

At the same time, Wu Guangyao told Wu Xianying that the price of gold will also fall from $500 per ounce to $400 per ounce, so we can slightly increase our investment in gold futures.
Chapter completed!
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