Chapter 442 French Style(2/3)
But the British people, who are also business elites in the Ansar camp, actually know that reality is most likely not like this.
Because when almost any Wall Street tycoon talks about China, almost all of them have a friendly attitude.
This situation will remain the same from that country's reform and opening up to a long time in the future.
The reason why this is the case is very simple.
Because the further we go, as China's economy becomes more and more developed, its financial controls become more and more stringent.
Strict regulations keep greedy Wall Street out.
This pissed off the guys on Wall Street.
They watched as the leeks grew fatter and fatter in the field of leeks that they could not touch.
It's so fat that it makes them drool.
But no matter what means they use, they can't put their hands in the circle and cut them off.
At most, you can only use some indirect, very complicated and troublesome methods to smell it a little bit.
Therefore, for a long time, the attitude of Wall Street bosses towards China has been known to the world...
They show kindness to China and what they want is simple and direct.
I just want China to open up, like those Southeast Asian countries, like those small countries.
It's just that until Abel was reborn, Wall Street's overtures had never received positive feedback.
Abel has the status of a Wall Street tycoon.
No matter how good his attitude towards China is in terms of public opinion.
The European and American world all said - we understand it too well.
David Rockefeller, as well as big bosses from Citigroup, Goldman Sachs, Wells Fargo, etc., had been there personally in the 1980s and 1990s.
I've been there more than once, and I've been welcomed by the big guys there. We had a great time chatting with him, and he even offered to donate some money or provide some assistance.
It's a pity that the person over there is very witty, speaks nicely, and is very polite.
When it comes to business, push it again and again...
On this topic, the four British giants chatted with Abel for a while.
Suddenly, Douglas Flint's tone changed.
It also let Abel know that this guy who came all the way from London was the main person who treated him to this meal tonight.
"Mr. Smith, what do you think of HSBC's development in the United States?"
Upon hearing this, Abel looked at Douglas Flint.
As far as Abel knows, HSBC was developing business in the United States as early as the 1960s.
But at that time, it was just a small fight.
Wait until the Sino-British Agreement is signed later.
HSBC began to transfer its registration location, and also wanted to shift the focus of business development to avoid being too dependent on Hong Kong.
Because the United States is the world's largest economic power, HSBC's development focus has always been the United States.
After decades of development, HSBC is now one of the top 30 banks in the United States.
There are HSBC branches in many major cities in the United States.
But... Americans always eat people without spitting out their bones.
Don’t say HSBC is the British bank.
Even American banks are easily deceived in the United States.
Over the years, HSBC has been developing very poorly in the United States.
Over the past few decades, I have not made much profit and I have been fined several times.
The amount of fines alone currently exceeds $1 billion.
In parallel time and space, after 2010, because Americans are too ruthless.
HSBC was so punished that it finally began not to regard its U.S. business as its development center.
For 40 years, HSBC’s losses and fines in the U.S. market totaled a total loss of more than 20 billion U.S. dollars...
Of the money lost by HSBC, 95% came from Hong Kong Island business and 4% came from Asia business.
Making money from Hong Kong people, compensating it to Americans, and imposing fines on relevant U.S. departments. This is HSBC’s 40 years of development in the United States.
Abel knows this very well. Because Smith Financial Group is the company he is most familiar with, so it can be said that it is a professional counterpart.
In addition, before his rebirth, he had paid attention to HSBC and read several articles because of a certain Chinese mobile phone brand.
Also because of his rebirth, Abel had very clear memories of his previous life.
At this time, facing Douglas Flint, within a few seconds, these things about HSBC flashed through Abel's mind.
"Mr. Flint, what aspect are you asking about? As far as I know, HSBC's development in the United States is not going well."
"Haha - you are right." Douglas Flint admitted directly.
The British man tentatively whispered: "That's why we want to know what real Americans like you, Mr. Smith, think of HSBC."
"Real Americans," Douglas Flint said these words with particular emphasis.
"You lack local collaborators. In the United States, no matter what industry you are engaged in, as long as there are no local collaborators, it is impossible to continue."
Abel smiled: "This is the freest country in the world, its internal rules."
Douglas Flint wanted to say, you Americans are so shameless.
Double standards are nothing more than this.
But he didn't think that what the Yankees did was actually better than others, and might even be less shameless than others.
This blue is the home country of Douglas Flint and HSBC Bank. The sun never set in the past, but now the sun has set.
The conjugated father-son relationship is no joke.
"Then..." Douglas Flint remembered the reason why he flew here from London. The chairman of HSBC Holdings finally couldn't help but whispered:
"Mr. Smith, are you interested in becoming our HSBC bank partner in the United States?"
In a parallel time and space, HSBC later did not expect to find a backer in the United States.
Later, they found BlackRock Group and made it the second largest shareholder among the actual controlling shareholders of HSBC.
This is also the reason why HSBC was barely able to gain a foothold in the United States.
"It depends on everyone's sincerity in cooperation." Abel smiled and did not respond directly.
Abel remembered that it took HSBC more than ten years before it found a backer in the United States.
But Douglas Flint has now expressed his intention to find a backer.
This proves that HSBC has discovered this a long time ago. If it were not stupid, it should have started looking for backers in the United States.
But why was it found more than ten years later?
There may be some problems here that I don't know yet.
Abel planned to ask the Smith Intelligence Group to check and confirm the depth of the water inside before considering Douglas Flint's tempting proposal.
That's HSBC, the bank with the most rights to issue banknotes in Hong Kong Island and one of the most profitable banks in the UK.
If it hadn't been losing money in the United States, it might still be one of the most profitable banks in the world.
Seeing Abel's statement, Douglas Flint was unwilling to give in and wanted to say something more.
But Abel had already raised his glass and said with a smile:
"Four gentlemen, we have been here for a long time. Now I have a small wish that I hope you can fulfill. I hope that for the rest of tonight, I can be alone with the beautiful Mademoiselle Beneteau.
.”
The other three British giants who had not spoken just now, allowing Douglas Flint to talk to Abel.
Seeing that Douglas Flint still wanted to speak even after Albert had issued an order to expel him.
The initiator of this dinner, Michael Kadoorie, was the first to stand up with a smile, and drank the wine glass.
"Oh, I remembered that I have to deal with some things. Mr. Smith, I'm very sorry, I may need to leave first."
Merlin Schweizer and Henry Keswick immediately laughed and cooperated, saying that they too.
No matter how much Douglas Flint wanted to talk to Abel.
Seeing the other three people in the group like this, I knew it would be rude to continue talking.
The chairman of HSBC Holdings could only stand up reluctantly and say goodbye with a smile.
In a short time, the four British giants were gone.
In the large and beautiful terrace restaurant of the Peninsula Hotel, there was suddenly only one seat in the middle, and Abel and Carla hadn't left yet.
To be continued...