Rebirth

Chapter 899-The Future King of Wall Street-Larry Fink

Although no agreement has been reached with the two Booths, Jobs and Jacobs, at least there has been a beginning. This is a good phenomenon. It is still very conducive to the exchanges with the two Booths. I am satisfied.

In Li Feng's view, the main thing is that he has what both of them need. If you really want to cooperate, it will be beneficial to both parties. If they are not moved, how will the final outcome develop? Look at the respective means in the process.

"Eric, do you think we can invest in Qualcomm?" Li Feng asked Eric Schmidt beside him with a smile.

"BOSS, whether it is Qualcomm or Apple, are actually facing the same problem, that is, the right to speak of the founder team. If the company develops well, everything will be covered up. But as long as the company has a problem, the founder, management The layer will come out first.

I think neither Jobs nor Jacobs and his sons would like to have such a problem. If we can become a major shareholder or even a controlling shareholder, and give 100% support and promise that we will not take them out, I think Our opportunity is great.

It has to be said that although the shares are dispersed, there are also benefits of diversification. It can be said that it is easier to invest in shares, but it is more difficult to control the shares."Eric Schmidt replied with a smile.

"Yes, after today, Eric, you find a professional who is proficient in the communications industry, and then contact the management of Qualcomm. Tianya Investment already owns nearly 10% of the shares. I think it's time to send a shareholder representative in. "Li Feng responded with a smile.

"OK, I think it is feasible, I will arrange it."

...

"That's all right, so be it. Tonight's task is very heavy. By the way, is BlackRock's Fink coming?"

"Here, it looks like Bill and Eugene are with them."

"OK, then go check it out."

"Over there, BOSS, go here!"

"..."

"BOSS, hello, you are here!"

"Mr. Li, hello!"

"This is BlackRock's Larry Fink, hello, I am St. John Lee, I am glad to meet you!" Li Feng greeted Bill Weilibei and Xu Youyu nodded, then said A tall, middle-aged man with glasses, a little shaggy, and slightly curly hair greeted him.

"Hello, Mr. Li, it is my honor to receive the invitation from you, Fetion and Google, and I am glad to meet you!" Larry Fink also responded to Li Feng with a smile on his face.

Although Fink is beginning to make his mark on Wall Street today, he is not the helm of BlackRock who controls 5 trillion US dollars in assets, but he already has a trace of the future.

"Really, that would be the best. I always have expectations for Wall Street, hoping that there will be opportunities for cooperation in the future." Li Feng responded with a smile.

"Mr. Lee, both Bill and Eugene are top financial talents. If they hadn't done a good job of investing in Tianya, I would like to dig them to BlackRock.

Of course, Mr. Li’s investment vision no longer needs any proof. Just look at Mr. Li’s career. I think Wall Street will welcome a top business generalist."Larry Funk responded with a smile.

"maybe…"

...

After some greetings, Li Feng's communication with the BlackRock helm was more and more satisfied.From the investment philosophy to the future global economic development to the development of their subsidiaries, the two talked about various topics casually, admiring Li Feng, who claimed to be the'most discerning', and felt in his heart. No wonder they were able to talk about BlackRock has developed into such a scale, talent!

"Larry, to talk to you, I am very optimistic about BlackRock. If you mind if BlackRock has one more shareholder, I am very interested."

If it is said that the memory of the previous life is the cause, and if you want to invest in the stock, then it is sincere at this time.

"John, are you buying shares as an individual or as a company?"

At this time, the names of the two became casual, and Larry Funk immediately responded with a smile.

"I heard that BlackRock's major shareholder is PNC Financial Group, right?"

Hearing Li Feng's sudden change of subject and asking, Larry Fink was embarrassed for a while. Obviously, no one knew BlackRock's situation better than his own founder.

PNC Financial Group has too many shares. To say that the major shareholders still save face, BlackRock is totally in charge of PNC. The company close to the eighth floor is absolutely controlling. BlackRock is more like PNC Financial Group. Subsidiary.

It should be said that the PNC Group today really trusts itself, but everything on Wall Street is the final decision. If there is something wrong with BlackRock, there is no doubt that the founder and CEO of myself is the first person to get out. It is impossible to say that Larry Fink did not have such worries.

Later Larry also tried his best to reduce PNC’s shares. First, he diluted a part of PNC Financial Group’s shares through the issuance of stocks and IPO listings. However, PNC held too many shares. The previous life was until 2006. , PNC also holds 70% of BlackRock’s shares. Obviously, although PNC has been partially diluted, it does not want to let BlackRock go.

...

In the end, Larry Fink thought of a coup, which was to merge with the securities investment management department of Merrill Lynch, one of the big names on Wall Street. The assets of the new company created by this huge merger will be close to one trillion US dollars.

The Wall Street merger caused Larry Fink to split up. On the one hand, PNC Financial Group’s shares were diluted from 70% to 35%. Similarly, although Merrill Lynch invested 60% of its assets in the new company, However, it only occupied 49.8% of the shares, eliminating the biggest hidden danger of BlackRock being a "subsidiary" of PNC Financial Group.

"John, now we at BlackRock manage more than 100 billion US dollars of assets. This year we are also preparing to issue stocks, bonds, mutual funds and other businesses. I can say hello to you in advance."

Larry Fink really agrees at this time. If Li Feng and the Tianya Investment behind him, and even Century Bank, come in, it will undoubtedly be able to dilute the shares of PNC Financial Group and control BlackRock.

"Oh, Larry, it seems you are going to make BlackRock an IPO?" Li Feng replied with a smile.

"This can't hide from you. Since this year we are going to issue stocks and bonds in the name of BlackRock, the IPO will naturally be on the agenda. Maybe we will have further cooperation at that time, right?"

"Haha..., don't worry, as long as it is beneficial to both sides, I naturally raise my hands in agreement. At the beginning, Bill said that he would return to Wall Street. Maybe he can realize it one step in advance." Li Feng joked with a smile.

"Boss, Wall Street is not easy to get ahead. I am still very lucky. If it weren't for investing in the End of the World, where is the current scenery, right?" Bill Willybey slapped the flattery.

"Haha..."

...

It can be said that Li Feng’s goals are very targeted. Apple, Qualcomm and even BlackRock are facing a problem that is very common in the United States, that is, the company’s founders do not have enough Li Feng’s disorderly entry has given them a chance to regain control of the company’s voice.