Chapter 558: Seize the control of Far East Bank(2/2)
The credit department manager lowered his head and said helplessly: "At this rate of capital outflow, you can last for an hour at most. After one hour, our bank will have no funds to transfer out."
The temperature of the air conditioner in the office has been set to 18 degrees, but the few people are still sweating because they are so hot.
“3 pm!”
Yan Rujun looked up at the clock hanging in the office, then looked at the office phone that had not stopped since the morning and now, waved her hand and said to the two: "You guys go out first, let me calm down."
The two looked at each other, nodded, and left the president's office.
Yan Rujun sat dejectedly on the office chair, thinking about the nearly 20 years she had been in charge of Far East Bank, and she was filled with mixed feelings. This crisis came too quickly and too fiercely, and she had no time to react. She tried her best to do so, and she could only do this step!
She poured herself a cup of tea, sat quietly in the office, recalling the past, watching the time, passing by minute by minute.
Several phones on her desk were still ringing, but she had no idea of picking up the microphone, the last section of the Far East Bank, and her career for more than 20 years.
She wanted to spend it alone in the office in peace.
At 2:20 pm, at the HSBC Headquarters, after the board of directors' discussions again, He Zhaolong returned to his office and took Su Yue and Gu Yunxi directly to the conference room to discuss face-to-face with HSBC members of the board of directors and many senior executives.
"We have seen the representative of Standard Chartered Bank just now. Tell us about your 'Benyue Capital' conditions!"
Among the board members, a director named Feng made a request to Su Yue and Gu Yunxi with a smile and said.
Su Yue nodded and said in a deep voice: "The reason why we took over the equity of Far East Bank and the interests you choose to have in Mr. He's office, we have made it very clear. I think Mr. He should explain it to everyone at the board of directors."
"Far East Bank is at the heart of this bank run. There is not much time, so there is no need for us to waste too much time here."
"I just said the conditions of our 'Bentayga Capital'."
"At a price of HK$10 billion, I will buy 69% of the equity of Far East Bank from your bank and solve the current bank run of Far East Bank."
"10 billion?" The directors felt that they had heard a joke.
The director named Feng coughed and said, "Little boy, I need to remind you that Far East Bank is a medium-sized commercial bank, not a small enterprise with cats and dogs. Your bid, I am blunt, even if I send a beggar, I feel so sad."
"Although the purchase price is only 10 billion, it will cost about 100 billion yuan to solve the crisis of Far East Bank." Su Yue's face remained unchanged and he said in a deep voice, "Did Mr. Feng think that the bid of about 100 billion yuan is not worth the 69% equity share of Far East Bank? If Mr. Feng thinks it is not worth it."
"That's right, I'm blunt. Apart from carrying this mine, you can't find a buyer in the market."
"And the thunder of the Far East Bank exploded on your HSBC. I am afraid that the losses and the impact on HSBC will be far more than this one hundred billion Hong Kong dollars, right?"
"I know Standard Chartered's bid is definitely higher than us."
"But no matter whether their bid is 30 billion, 50 billion, or 80 billion, this may not be a good thing for the entire HSBC group."
"Far East Bank is the core hub financing institution in Hongcheng Real Estate business."
"If Standard Chartered Bank takes over Far East Bank and removes the difficulties of Far East Bank, then in the future, Standard Chartered Bank's tentacles will penetrate the land of Hong Kong City. HSBC will no longer have the advantage of suppressing Standard Chartered Bank. Over time, I think it will completely lose its leadership position in the financial field of Hong Kong City."
"Compared with tens of billions of short-term profits, and the forward future of HSBC Group."
"Dear directors, they are all old seniors in the financial industry. You know better than me how to choose. Whether to cut off your flesh and raise the enemy, transfer risks, and continue to maintain your leadership advantage in the financial field of Hong Kong City, I respect your decision."
"Kid, you're amazing!"
A director with glasses and aged spots on his face sitting in the middle of the conference room looked at Su Yue with a smile: "Using 10 billion to leverage assets of hundreds of billions of yuan and having a considerable status in Hong Kong City, it is not simple. In your words, we HSBC has no choice. At least among the two buyers you and Standard Chartered, we can only choose you."
“But that’s not the case…”
"At this moment, although the Far East Bank is a hot potato, there are still many people in Hong Kong City who can take over it. If our HSBC sells this bank to four powerful families, do you think they will miss this opportunity?"
"Although the financial crisis is terrible, as long as you keep it over, you will be able to eat in Hong Kong City in the future."
"Do you think the four major families are willing to bet or not?"
"We HSBC can't afford to bet, but I think the four major families are willing to do so. After all, the future benefits are too great, and their bids may be much higher than your children's bid."
"But they didn't come." Su Yue was unmoved and said with a smile, "They didn't see this opportunity. Although my bid was low, I only had 69% of the shares. In the future, as long as Far East Bank survived the crisis, HSBC could still enjoy a lot of benefits."
"Although choosing the partner, funding and strength of cooperation is important, the person who cooperates is equally important."
"The four major families are already mature enterprises. The heads of Shuangli, Guo, Zheng and others are already very old. How much motivation is there in the future? I'm afraid I have to ask a question mark?"
"And I am still young and there are endless possibilities. HSBC has a partner like me, and the benefits I can gain in the future should be more."
"You are very awesome!" The old man who spoke before flickered in his eyes, "Your words have touched me. We, HSBC, really hope to have a partner like you."
"Thank you!" Su Yue couldn't hide his excitement and forced himself to calm down.
After the old man set the tone, the other directors around him either did not speak or agreed.
Su Yue carefully observed the expressions of everyone and found that there was not much surprise on everyone's faces. I guess this matter had been discussed at the board of directors, and choosing himself was a matter that he had decided long ago. However, he himself, because he was too nervous and caring, had traces of it for a while.
"Xiao Su, this is an agreement, you can see." He Zhaolong pushed the proposed share transfer agreement to Su Yue after a board resolution. "The Far East Bank should not have much time left. Today we can also take special measures. 10 billion yuan of funds must arrive in HSBC accounts within three days, otherwise the agreement will be invalid."
"All the crisis of the Far East Bank must be borne by you."
"If you fail to rescue the crisis, Far East Bank will eventually go bankrupt and will be taken over by the Hong Kong City Financial Management Bureau. In the end, the Financial Management Bureau will designate a bank to take over. All your losses have nothing to do with our HSBC."
He Zhaolong reminded some important terms of the agreement.
Su Yue looked at it roughly. Although HSBC passed all the risks onto Bentayga Capital, there were no other too harsh terms. So he looked at Gu Yunxi and signed the contract.
At 2:53, the two walked out of the HSBC Headquarters building and celebrating each other with high-fives.
Immediately, Su Yue quickly contacted the Changling headquarters of the domestic "Bentayga Capital" and asked Chen Xiaoya to transfer 4 billion yuan of funds into the company account of Huayin Port City Holdings through a special channel. Then, he immediately called Yan Rujun, the president of Far East Bank, wanting to know the situation of Far East Bank at this moment.
I called the phone several times, but no one answered it.
Chapter completed!