My Wealth is like a Deep Sea

"Once the development of the consortium has stalled, the effect of the chain reaction is also very obvious, and it is easy to cause chain-like fragmentation.

"It will even be swallowed up by other family consortiums and big powers. This is why the DuPont consortium would continue to rely on the Morgan Consortium to provide funding.

"Their bank capital is weaker than other consortiums, and they lack a well-funded financial institution as the core. As a consortium of Junhuo Industry, they themselves have great requirements for funds.

"This is why they have been devoted to the development of the financial industry and the acquisition and merger of small and medium-sized banks and shareholding in large banks over the years."

"There is a large bank that is conducive to the collection and dispatch of consortium funds, can quickly speed up the flow of funds, and also has sufficient reserve funds, rather than handing your lifeline to others.

"In this way, when other forces deal with us, we don't have to worry that the bank will stumble or help the other side stab us in the back."

"As for small and medium banks, it is of little use to us.

"A considerable number of small and medium-sized banks have assets that are not as large as ours. Although we are investing and managing wealth on behalf of customers, these small and medium-sized banks may be able to play their normal role.

Function, giving us financial support, but in an emergency, it is very likely that lack of financial power will become our shackles."

"And our Longhuang Fund Company has taken the road of internationalization from the beginning. It requires the support of banks with greater international influence. The geographical limitations of small and medium-sized banks are obvious.

Not loud enough."

"Of course, it is not impossible to acquire multiple small and medium-sized banks to merge, but this will consume too much time and energy, and it will also attract attention.

"Once we are eye-catching, we are likely to be vigilant by those large banks or consortiums to carry out anti-acquisition, and then our actions will be very passive."

Lin Hong said a lot, and he was very specific. He made his own analysis and suggestions on the acquisition bank from various aspects.

Because she knew very well that it was impossible for Yang Long to open a bank by himself.

The banking industry pays more attention to brand influence than any other industry.

Because only a bank with sufficient brand influence can attract people and customers to make deposits.

Independently opened banks have no influence at all.

Moreover, in the country with a long and highly developed banking industry, the number of banks is innumerable, and the banking market is almost saturated.

The newly opened bank simply does not have any competitiveness and it is difficult to draw funds.

Acquiring a bank, and acquiring a bank with brand influence, is a must for Yang Long.

"You are right. To acquire banks, we must only acquire large banks. Only large banks can cooperate with our company's internationalization path to develop,"

Yang Long nodded as if he had encountered Zhifen.

The reason why he wants to establish a bank is because he knows very well that money is only the safest in his own hands.

The money of his personal belongings, Longhuang Fund, Longhuang Automobile Company and more subsidiaries in the future cannot be kept at Goldman Sachs.

He needs to have his own private bank, as his own personal property steward, custody of his own money and promote the appreciation of his own money.

And each big family, big consortium and big forces have at least one large bank as their financial core, as the financial support and guarantee for the development of the consortium.

The Morgan family has a bank, Morgan Stanley Bank, and the Rockefeller family has Citibank and First Bank of Chicago.

The Mellon Fruit Bank of the Mellon Consortium, the Boston Fruit Bank of the Boston Consortium, the American Bank of America of the California Consortium, and the Harris Bank of the Chicago Consortium...

In addition to these large banks that they control independently, they also have shares in several large banks for joint control.

For example, through the merger of Chase Manhattan Bank and JP Morgan Bank to form a bank, the Rockefeller family also has a considerable share of the bank.

And the Morgan family also penetrated this large bank jointly controlled by the Big/Lu Illinois Bank and the Chicago Consortium.

At the same time, their consortiums also have considerable insurance companies and fund companies as their support in the financial sector.

For Yang Long, Lin Hong's words are indeed reasonable.

It is not enough to own a bank. In order for Dragon King Fund to develop better in the future, he must have a large bank.

He never thought of building a bank from scratch.

The fund is built on the recognition of major global customers. He can make a reputation by snipering Fengtian Group, and get the approval of those profitable major customers.

But the influence that banks need is far from comparable to funds. This is an industry that needs more public recognition than the auto industry.

Only when this bank's credibility and brand influence are deeply recognized by the people will they deposit their money in the bank with confidence.

In a country like the United States with a lot of banking oligarchs and particularly fierce competition, establishing a bank from scratch not only has huge upfront expenditures, but also has no way out.

This is true not only in the country of rice, but also in his home country, Huaxia.

Buying a bank is his wisest choice.

"Do you have to be a large bank?"

Yang Long pondered for a moment, frowning straight, and said with a wry smile.

"You have given me a big problem. Although there are many banks in the United States, there are only a dozen or twenty banks that can really have a strong influence.

It is still in the hands of large families and consortia in Morgan, Rockefeller, Mellon, and Boston.

For these large banks in the United States, Yang Long does not have half an idea.

Although he now has decent wealth, but his personal wealth is considerable, his comprehensive strength is far from the opponents of these consortia.

It is impossible to acquire those large banks from the hands of those consortia.

He would never go to a bank and those big consortiums to be unhappy.

Although as he grows stronger, he will one day confront those guys, but now he still has that strength.

Peaceful development is king now.

As for shareholding, it is completely unnecessary, even if those large banks have invested.

Those consortia will not let themselves acquire too many shares, up to three or four shares.

There is no influence and no interference with management.

That is to be a small shareholder to pay dividends, as a dependency on the board of directors as a representative of a large consortium.

However, acquiring small and medium-sized banks, and then proceeding to merge wells, is too cumbersome to expand, and it is also easy to attract attention.

It is impossible for those giants who control the banking industry of the United States to watch his successful acquisition and the rise of potential opponents.