Chapter 422 Ideas to list the company

Manhattan, between Central Park Square and Barclays Street, above Broadway.

In Smith Building.

Abel met David Mellon, whom he had not seen for a long time.

Once upon a time, David Mellon was Abel's most important subordinate and his most trusted assistant.

At that time when Smith Capital was founded.

The existence of David Mellon has prevented Abel from taking many detours.

Avoid Abel and go to the various pitfalls everywhere on Wall Street.

It can be said that without David Mellon's words, Abel's entrepreneurial period would never be smooth sailing.

Coupled with David Mellon's personality and views, it is very consistent with Abel.

There is also this identity from the Mellon family.

After confirming there, he hung up the phone.

That is, vested interests will use various methods to protect their own interests as much as possible.

Of course, when the operation begins.

He is one of the top players in the commercial insurance industry. He is very old and is said to be about to retire in recent years.

Except for Abel's direct line.

But in this merger, Abel took the initiative.

He turned on his computer and looked at the recent capital market trend.

Abel's achievements and plundered wealth have exceeded those of Buffett and Soros himself for decades of accumulation.

Because if Smith Media really wants to go public.

Charlie Schaff is one of the top executives of several major investment banks on Wall Street who has the best attitude towards him.

"In the future, each of the subsidiaries of Smith Financial Group will operate independently."

David Mellon is now the CEO of Smith Capital.

"The problem now is Smith Bank and Smith Insurance."

The original Pacific Commercial Bank had the position of general manager.

All departments within the group and its subsidiaries are only responsible to him and follow his will.

Envy, jealousy and hatred?

Then let them envy, jealous and hate them.

"Frank Berger?"

It is still necessary for David Mellon and several other presidents to keep an eye on the market and be ready at any time.

This is the case on the East Coast, and there is also a bird on the other side of Texas.

"No problem!"

He doesn't have such talents here, except for searching for them by headhunting companies and Smith Intelligence Group.

Abel had never heard of this name, and he looked at David.

This kind of virtue is this kind of old American wealthy families.

It turned out that this could be done, but now it is not possible.

It's been several months.

Frank Berg, Abel has never heard of this name.

Not to mention the processing fees that can be earned here.

David half-jokingly and half-complainted: "You haven't come back, those Texans, don't listen to me as a New Yorker at all."

"Then I'll make a Charlie Schaff for the time being, and I'll send someone to contact him."

What is easy to solve in this aspect, but not difficult to solve is that Abel found that there is no person in charge of a good commercial bank for the time being.

All of the past and present, both in China and abroad, are like this.

It's the whole of Wall Street, and most people think of David Mellon this way.

David is more serious about this position than anyone else.

"Because you are Abel Smith, our king!"

Abel nodded after hearing this.

Everyone thinks that this member of the Mellon family in New York is just lucky.

Abel smiled and nodded, signaling David to go out to work.

Abel felt that the terrifying foreign exchange market was the happiest place for his big fish to swim.

He knew why David was so excited.

As for handing over financial rights to Abel, this is itself the core factor in their willingness to compromise with Abel.

Abel thought for a while and told his plan.

Under the observation of Abel's talent, he also found that the international crude oil market was not very big recently.

This is his luck, but it is also his strength.

In addition to these, Smith Capital now holds more than 200 listed companies with a shareholding ratio of more than 5%.

David was greatly relieved when he heard Abel say this.

Nothing to do.

Abel felt that maybe David was exploring talents, and perhaps he might not have any unique talents.

Abel stood up, looked at the sky outside the floor-to-ceiling window, and then looked at the clock hanging on the wall next to him.

So now, Abel has to insure Smith and find a CEO or general manager role respectively.

His talent cannot affect these things.

Only then did David complain about this to Abel.

The four commercial banks of the former Texas Consortium, including Pacific Commercial Bank of Smith Capital, and Smith Bank of the merger.

"Charlie Schaff?"

It is wrong to say that Abel has no listed company from this perspective.

"Due to the existence of Smith Capital, Smith Bank will not have an investment department, but will only be a pure commercial bank."

Among many departments and subsidiaries, the three businesses of banking, insurance and investment are naturally the most important.

"By the way." Abel suddenly added:

"David, what do you think if I put Smith Media on the market at this time?"

Abel first took a look at the international crude oil futures market.

"If Smith Insurance is insured, I'm not very familiar with insurance."

If the wealth does not flow to outsiders, this underwriter will definitely be Smith Capital.

The operation and expansion of commercial banks require long-term word-of-mouth accumulation, stable interest and other services.

Smith Capital is now also separated from the self-employed person at the beginning.

Having said that, compared to stock markets, futures, etc.

In these areas Abel is responsible for, the old guys from the former Texas Consortium do not attach much importance to the Internet and media.

There will be no investment department within it.

"That's right. But you also asked me to control them. The problem is that I don't have that power." David said.

"So I'm thinking about who to be responsible for the two crucial subsidiaries for the group."

"How about Charlie Schaff? I mean the CEO of Smith Bank," David said.

He also asked again: "I heard it right? My King, did you say you want to list Smith Media?"

Remember when I was still famous.

Perhaps it should be said that this is originally one of the nature of human beings.

They also hope that Abel, the god of investment, will take the finances of the New Texas consortium away.

Because to put it bluntly, as long as Smith Capital has him, everything will be fine.

"Well," said David. "As for insurance companies, I think maybe I can consider Frank Berger."

The merged New Texas consortium has all insurance, banking, investment-related businesses.
To be continued...