Reborn American Tyrant

Chapter 463: Traditional Bank

White Bank completed its business integration, and its investment business was completely abandoned.It is exactly a traditional savings bank.

Wall Street was shocked by the sudden appearance of a large financial institution. Although they knew that William White had been buying banks, they didn't know that it had become a behemoth.

While the consortium was surprised, it was also relieved.They don't care about the traditional banks, this is not their favorite area.

Of course, this is not because William White is unwilling to engage in investment banking. It is because the water is too deep.Moreover, traditional banks and investment banks, you can only choose one of the two, if you want to do everything, being split is the only ending.

The current major investment banks in the United States were originally comprehensive banks. It was because of anti-monopoly that they became more professional investment banks.

Naturally, there are many benefits. Without the interest rate difference that guarantees income from droughts and floods, they began to pay attention to various financial innovations.They did succeed in the end, and the United States became a financial freak.

The subprime mortgage crisis itself didn't hurt much, and the U.S. emperor could definitely survive.With the addition of various products derived, it is really terrible.Don't talk about the American emperor, the whole world is hard to carry together.

All kinds of financial derivatives are not only a few years old.The elites on Wall Street are best at this kind of game.

Mathematics is rubbish, which is a common phenomenon in the United States, which does not include those of Jewish origin.They are really proficient in various researches on mathematical models.

Don't think that Lao Mei is so generous and willing to let Jewish people take a place. In fact, they have no choice.Cowboys are good at robbery, but they don't know how to operate.

William White also didn't understand the complicated financial derivatives.Although he is already very powerful, he is still worried about being trapped.On the surface, the safer the investment, but in fact, there are pits everywhere. Regardless of how much money he has now, these pits are not filled by the richest man in the world.

Absorb deposits, and then lend to people or companies in need, with excess positions, all purchases of various national bonds.Faced with such a conservative business strategy, Philson is really unable to complain.

"Boss, this is too conservative. In the face of the current economic situation, we don't have to do this, right?" Philson still intends to persuade you, at least you should engage in two hedge funds or something.

"Philson, in my opinion, a bank is a bank. I have my own investment fund, and I will also have investment companies in the future. The only thing I won't participate in is investment banks." William White said heartily, my buddies are so hateful now. , If you really do any investment bank, the old guys of the Federal Reserve Bank of China, if they can’t incorporate themselves, they will surely destroy themselves.

Only returning to traditional business will make them helpless.Regardless of your pitfalls, buddies just don't participate.

"Well, that's fine." Philson had no choice but to accept it.

"Philson, if we engage in any investment bank, it will not only disrupt the current balance, but also make the group of consortiums jealous. The most important thing is that the Federal Reserve Bank of Rice is not very friendly to me." For this chief staff and think tank, William White Still very trusting, it doesn't hurt to tell him his fears.

"These old guys, can it be said that they..."

"Hehe, Felson, believe me, as long as the benefits are sufficient, those greedy bugs will be desperate, even if they face death."

This is not William White's alarmist talk, if White Bank becomes an investment bank.He obviously became another consortium.Once the bank has problems, its assets will inevitably be hit.

How good it is now, the most traditional and conservative bank is just like the bank of the last century.

"Traditional bank? Are you sure?"

"Yes, boss, not only a traditional bank, but also a very outrageous tradition."

Seeing the strange expressions of his men, the old guy couldn't help but laugh.William White certainly does not engage in investment banking, but what the hell is this very traditional?

"Does such a bank need to be internationalized?"

"I don't know. Looking at the posture, he has no plans to go public. This will be a private bank from the ground up. We and Citi analysts have no way to judge its behavior."

After playing with Morgan Stanley and Citigroup at the bank for a lifetime, they couldn't figure out the purpose of William White, and the people who ate melons were even more at a loss.One thing is very clear. The risk of storing money here is extremely low, and of course, the return will be extremely low.

In the United States, not all deposits are protected. If a bank fails, depositors will have to admit that they are unlucky, and heavy losses are necessary.Now it looks like this one looks good and most of the deposits are protected.

The makeover of White Bank did not cause market turmoil.The depositors are even a little bit happy. The wave of bank failures in the past two years has really caused many people to suffer.

William White is very rich, which is not news at all in the United States.Haven't seen anyone else's PS2 need to line up to buy?Actually there are purchase restrictions, Nima, what kind of money-making speed is this!

There are also those Tesla cars, which seem to be very powerful.Although let's not talk about queuing, you will have to wait at least a month.

Someone has said that William White is engaged in hunger marketing. This is the case for game consoles, this is the case for Comic Weekly, and the same is for cars. The things he produces are always lower than the actual market demand.

William White does not comment on this kind of complaint. It is really difficult for you. Now you can come up with the concept of hunger marketing.If you feel unambiguous, you can also try it.

The problem of overcapacity has never left this continent.All farms try to raise as many cattle as possible, and all factories try to produce as much as possible.

Now it's alright, there is a weird guy who sells everything and controls the inventory of everything, which is really hateful.

We produce things that are not needed on the market. You clearly have market demand, but you deliberately control production capacity.Boss, can you give me an order. We can also produce that car. Can OEM work?

Tesla's A-class car information has long been no secret. The car companies in the United States and the foot basin have come to a conclusion that this car is very modest.

The most surprising thing is the foot basin, this Tesla is too strange.It is neither as rough as American cars nor as refined as European cars.It is very similar to their products. The biggest difference is that they seem to pay special attention to the safety performance of the vehicle.

The foot basin person can be sure that the sales of this car will not be too bad.Especially when Tesla announced the price, they were more certain of their judgment.

Tesla's A series is basically attached to the corolla, and the price is only 5% higher than the corolla.

The U.S. Automobile Federation is very angry. This brand with the name of the rice flag really makes them very speechless.

Can we make a face?Is your so-called Tesla related to a dime in the US?

I don’t know if it’s related. American consumers are very satisfied.They think that their country finally has a good car company, they are fed up with that kind of gas tiger, and they don't want to continue to pay for the expensive maintenance costs.