Extraordinary Genius

Genetically modified foods have also been boiling down in previous generations, mainly in the UK, where it was reported that the owners of the genetically modified seeds industry had a study showing problems with the blood and kidneys of rats consuming genetically modified foods, thus creating a serious crisis of confidence in genetically modified foods for all.

Although this claim was not subsequently substantiated, developed countries did prohibit the cultivation of genetically modified foods, selling seeds to less developed countries and then benefiting from them.

Feng Yu herself does not know whether this GM food is harmful, but since it cannot be proven to be safe, it is better not to eat it first, and there is no other food except GM food.

Although Huaxia is overpopulated, Huaxia's food production is also among the best in the world, and there will never be any more food failures. Feng Yu felt that there should be few people willing to eat this food with safety risks, but everyone didn't know about it before.

It was just a little tune for Feng Yu. He stayed in Beijing for a few days and flew to England.

Feng Yu came this way, not to stare at crude oil futures, but another important thing, which is about the expansion of Minsheng Bank.

Since ancient times, which one of those big families, big consortia, doesn't work in the financial sector? In ancient times, we opened money houses, in modern times we opened banks, and then there were all kinds of insurance, funds, and so on.

Many people say that real money earners make money for themselves with other people's money.

And those big consortia, obviously, are the middle class players.

How to make money for yourself with someone else's money, then have to give it to you first, banking is very important at this time.

Feng Yu's previous wind and rain consultancy and Taihua consultancy, at best, is a financial investment company, which cannot be compared to the huge banking industry. The biggest difference is not being able to absorb.

At that time, Feng Yu wanted to make the bank bigger. Unfortunately, one didn't have the opportunity and the other didn't have the money.

It looks easy to open a bank, get a counter, and suck it up.

But first, you have to make people willing to save money from you. People don't want to save money. Can you force people to save money?

What do people consider when saving money?

Security, I exist in your bank's money, and it doesn't suddenly disappear. It can't be thrown away or evaporated because your bank went down.

Interest rates, your bank's deposit interest is high to attract those depositors. Otherwise, why should I have to have a low interest place like yours?

Convenient, this refers to easy access to funds, you have a better location, more business outlets, you can't say that I saved money here, but when I want to collect money, I have to go far away to get it, right? And join UnionPay or something, even if you can't find your place of business, you can withdraw it from another bank.

Security is very good. In the name of Feng Yu's richest man in the world, it is a gold sign. Just like when he promoted the payment package and Baobao, others knew that this was Feng Yu's investment, and Feng Yu was very relieved to vouch for it in his own name.

Interest rates are almost as good as other banks, and at first, they can be slightly higher to attract more depositors.

The most important thing about banks is that they are stockpiled, and in any bank they are tasked. The more you save, the higher the bonus. If the task is not accomplished, it is even possible to deduct money.

Only with large reserves will there be sufficient funds to invest in other financial products. Even if you lend outward, you have to have enough savings.

It's not just the interest and safety that affects storage, but the outlet is really important. You have so many outlets, you can walk down the street and see your bank's outlet, and when he thinks about saving, he may choose your bank.

If you have fewer outlets, even if the advertising interest is higher, a lot of people may be reluctant to go to your store because of the inconvenience of withdrawing cash.

Moreover, the large number of outlets also has great benefits for the conduct of other operations. The banking outlet can be understood as the terminal of the sales industry. The number of terminals must be beneficial to boost sales volume. If there are not many sales terminals in total, it must be extremely difficult to make a lot of money.

This time, Feng Yu came here to talk about acquiring a bank. In this way, Voice Bank will continue to grow.

The bank is not particularly large, but it also operates in many European countries, but it is the financial crisis that has affected them and is currently losing a lot.

Some of the bigger banks don't look good because they're smaller. The small bank could not acquire it at all and was afraid to drag itself into the mud, so the bank is now half-dead.

Ralph had visited the bank and felt that it still had a lot of high-quality assets and lacked funds. With adequate funding, it can be saved and can be made profitable again.

The bank operates through a number of financial operations and a number of professional financial personnel, but only because of the severity of the financial crisis and the breakdown of their chain of funds.

It is not that no other bank has expressed an interest in it, but the other party's offer is too low, which is why it has been dragging on.

When other banks want to wait for the bank to continue to lose and shareholders can't afford it, they have to sell it at a lower price.

These include some of the world's leading banks, such as Barclays, which they see as one of their own.

Ralph contacted the shareholders of the bank, but the price was higher. Ralph couldn't talk about it. Feng Yu decided to come and talk to him personally.

Minsheng Bank does not belong to Feng Yu Holding Group, but Feng Yu personally holds shares. This is not Ralph's job, so Ralph has less power and many things cannot be decided.

Feng Yu decided to come and see for herself just in time. If the visit is satisfactory, then buy the bank.

Now that the contract on the crude oil futures side is slowly being settled, Feng Yu also has a lot of money back in the cage, it is definitely not difficult to acquire a bank.

And Feng Yu has also told other shareholders of Minsheng Bank that other shareholders have agreed to be willing to temporarily dilute their shares at the time of expansion until they have the money to buy back from Feng Yu.

But Feng Yu thought it was unlikely, and those people had no idea what size Feng Yu was planning to expand the bank to. Until they have the money to buy back, the equity will not be as good as it is now.

This Voice Bank will inevitably become Feng Yu's absolutely controlled private commercial bank and one of the world's most famous commercial banks!

……