Extraordinary Genius

Chapter 1117: Moving the Bank's Cake

Feng Yu replied so forcefully that four bank representatives sat waxed again.

They thought they could talk to Feng Yu about how to work together this time. But I didn't expect that, once again, Feng Yu put up a customer attitude.

Their faces are still visible. Isn't this Feng Yu a bit arrogant? What's that supposed to mean, throw them off the top four banks?

But at the same time, they also had some vibrations in their hearts. Has Feng Yu already negotiated with other banks? How could they not know?

If that's the case, then the impact can be enormous for them.

Other banks are partnering with a third-party payment platform, and only four of them are not partnering, which certainly affects their customer experience.

Feng Yu must be cheating on them. How could those banks agree to such absurd cooperation? Isn't that, like, distributing your own cake to Feng Woo?

Like their banks, no one is the controlling party, and they come together to elect directors and other executives. And if Feng Yu agrees to put them in a stock payment package, it would be the equivalent of opening a new online bank, then of course, no problem.

But now Feng Yu is trying to swallow this part of the interest. How can they agree? You said you'd give us one in the future. Who knows how long it'll be? And what if you don't? What if we don't have enough?

“Mr. Feng, no matter how your network develops, you can't be without the support of our bank. It can be said that no company can be separated from the support of our bank. It's hard for us to do that. ”

Feng Yu glanced at the talking Morgan Dalton executive: “I believe you said that no company can leave the bank. But can you represent all the banks? Thousands of banks around the world, I don't care without the support of all four of you. And online payment platforms, we're going to be the biggest in the world. Without our contact, there will be fewer and fewer users in the future! If you're embarrassed, forget it. ”

Just like in Huaxia, if a bank can't be linked to a payment package, it really affects customers very much. Payment packages in previous generations, surrounded by so many payment platforms, can also guarantee such strength, this generation of competitors for the time being only Luobao, will definitely develop better.

Big cheater, big cheater, strong position, could be reversed at any time.

The representatives of the four banks left again, and Ralph asked with some concern: "Boss, didn't you say that the payment package was expanding from Eastern Europe and Huaxia to Europe and America? Why are we starting directly with the U.S. now? ”

“I'm just offering one more option to users in the US, on the main battlefield, of course, or on the Huaxia side.” Payment packages and Baobao represent two different consumption concepts, of course the main battlefield will be different.

But it would certainly be better to have direct access to the US market and to develop globally.

Payment packages can be worth more than Baobao. The value of the data can be seen in the increasing market value of Oracle companies specializing in big data analysis.

Feng Yu has never invested in a bank, such as the first private bank in China, Folk Voice Bank, Feng Yu was involved in the investment.

It's just that the Voice Bank is crushed by state-owned banks, and it's hard to develop. Without the corporate support of these entrepreneurs, I'm afraid it would have been a long time ago.

Even now, the Voice Bank doesn't make any money. The main reason is the above distinction. In the case of loans, for example, there is strong support from State-owned banks, but in the case of private banks, policies are always one step behind. The same applies to other operations, such as funds, insurance premiums, etc.

To be honest, private banks are subject to too many restrictions, otherwise they would have developed long ago.

By absorbing investment, Feng Yu can allow Minsheng Bank to grow faster than State-owned banks, even if Minsheng Bank is not allowed to invest overseas.

And State-owned investment agencies, already in overseas investment banks. Those investment agencies are large and well funded, but in Feng Yu's view, many of their investments are blind!

For example, this network bubble in the US, some investment agencies in Huaxia, also lost a lot. They caught up, they didn't dare invest at first, and when they invested, it was already a little late.

It's nothing. It makes money, too. But when the retreat took place, they thought they could rise back, leading to diminishing profits and even losing some of their investments.

Zhu Tiechu had invited Feng Yu to serve as a consultant to some major state-owned investment institutions, but Feng Yu refused. Not that he didn't want to make money with the country, but that he gave Feng Yu too little power and a lot of obligations.

If those investment agencies could follow Feng Yu's lead, then Feng Yu would have a lot of money to operate. It's too easy to make a profit.

To a certain extent, it is easy to profit from conservatism, as Huaxia's investment agencies steer.

After Feng Yu refused, he recommended Professor Liang to Zhu Tie's wrist and recommended Fu Rongqi, but because of their Xiangjiang identity, they were still in the investigation phase.

Although Xiangjiang has returned to its homeland, Xiangjiang's policies differ greatly from those of the hinterland, and their many thoughts on Xiangjiang people are completely incomprehensible. Of course, it has a lot to do with Fu Rongqi and Professor Liang's lack of familiarity with mainland politics.

Through this Folk Voice Bank, Feng Yu has a deeper understanding of the bank. Let's put it this way, although the Minsheng Bank did not make any money, the shareholders of Minsheng Bank, through the Minsheng Bank's accounts, indirectly made a lot of profits.

A bank at the end of the ranking in Huaxia makes a lot of profits, not to mention the number one banks in the US and even the world.

The account is the most important foundation of a bank, that is, the Swiss bank, which is not to disclose the accounts of its customers, but to be pursued by the world. And by doing so, Swiss banks have been placed in a very extraordinary position in the world.

Whatever you call security is just slogans. You put a billion dollars in any big, world-class bank, and you're protected. For big customers, the services, security, etc. of any bank are no worse.

And that money will never be lost!

It's just that UBS can assure you that your money will go only to those you want to pass on, or your direct heirs, without being influenced by other factors such as politics, which is not necessarily the case in other banks.

And because of Switzerland's status as a permanently neutral country, it has left it somewhat extraneous.

Unfortunately, this is just a slogan: Swiss arms are sold to war-torn areas. If you're completely neutral, do you need to study arms? To be honest, it's still to protect the interests of this big cake.

Feng Yu is going to move those bank cakes, and now he's going to see how those banks are going to choose.

……