Japanese investors

Chapter 106 Karuizawa Commercial Bank

On this day, as soon as Naoki Ishihara walked into the investment department of Karuizawa Commercial Bank, he saw his subordinates standing with smiles on their faces and applauding him.

The deputy minister took the lead and said enthusiastically: "Minister, congratulations on joining the board of directors as a director. Not only are you well-deserved, but you are also expected by everyone."

Although Naoki Ishihara had long known that this day would come, it was just a matter of time, but he was not very happy in his heart.

He didn't show his true thoughts on his face. He pressed his hands downward to indicate that everyone didn't need to applaud anymore and said, "I'll treat you all tonight."

The section chief intentionally raised his voice and said, "Thank you, minister. Long live, long live, minister. We are definitely lucky to have such a good boss like you."

Naoki Ishihara praised and praised his subordinates, but he still felt very calm inside.Your top priority is still to solve the problem.

He simply motioned to the deputy minister and section chief to follow him.So, the deputy minister and the section chief followed him and walked into the other party's independent office.

Before Ishihara Naoki sat on his minister's seat, he said: "Close the door and close the curtains."

One of the deputy director and the section chief went to close the door, and the other went to draw the curtains.They knew that this meant that the minister had something important to say to them.

Naoki Ishihara sat in his seat, but did not rush to speak.He just looked at the two subordinates sitting opposite him.

The two of them are not just mediocre people who can only flatter each other, but are talented people with very high IQ and emotional intelligence.Otherwise, you won’t be able to enter your own department.

As the investment department, this is one of the core departments of Karuizawa Commercial Bank.Countless people have always yearned for it.

Every year, the recruitment of formal members of Karuizawa Commercial Bank is not only extremely competitive, but also like thousands of troops crossing a single-plank bridge.

The recruitment of formal members by large Japanese companies is notoriously "abnormal".The banking industry has achieved the ultimate in this aspect.

According to them, this is a job that requires dealing with money all the time, and there is no room for sloppiness.Job seekers are flocking to the banking industry like carps crossing the river.

It is no exaggeration to say that this is exactly the same scene where candidates take the exams for prestigious universities every year.Of course, if a job seeker does not have a bachelor's degree from a prestigious university, he or she will not be able to pass the first step of submitting a resume.

Such a resume will either be returned directly by HR or thrown into the trash can.Only after the HR review of the applicant's resume is correct, it means that the applicant is qualified to participate in the first round of written examinations.

As for the specific location of the written examination, it will naturally be designated by Dashou Company personally, and its internal personnel will serve as invigilators.

Even if job seekers pass the first round of written examinations, there will still be a second round of written examinations.After passing all the written tests, there will be an interview, and there will be more than one interview.

Even if it takes three interviews, it is quite normal.An interview is definitely not a formality.It is normal for a person to be interviewed for three to five hours at a time by the interviewer taking turns asking questions.

To enter the investment department of Karuizawa Commercial Bank is not only as difficult as getting into the University of Tokyo, but also as difficult as getting into the medical department of the University of Tokyo, which has the highest admission score.

Both the deputy director and the section chief graduated from the University of Tokyo majoring in finance.The deputy director is a senior of Naoki Ishihara's alma mater, and the section chief is a junior of his alma mater.Neither of them are newbies, nor do they know that one of the unspoken rules of the Japanese workplace is to be able to flatter their boss.What's more, their boss is still the prince.

Who is willing to miss an opportunity like this that is rare and rare?Once you are appreciated by the prince, it means that you have become the prince's person, and your future will be bright.

Naoki Ishihara said solemnly: "So far, the book losses of our investment department have reached as high as 8%."

The deputy minister did not just shirk responsibility and said: "Minister, you have too high demands on yourself and pursue perfection too much.

The current global economic environment is not good to begin with, and this year it has caught up with the United States. Some problems in the banking industry in Europe have also brought them to Japan.

The average loss rate of Japan's entire banking industry is 16%, and ours is only half of the entire industry's loss rate, which is pretty good. "

Ishihara Naoki was dissatisfied with his answer and said: "I don't want to hear what you say. What I want is the countermeasures to turn losses into profits."

The section chief quickly added: "The current losses of our investment department are only floating losses and have not caused any actual losses. Our losses mainly come from two aspects.

One is on U.S. debt, and the other is investment in Vietnam.As for the former one, it is difficult to change in the short term.As long as we adhere to the strategy of not selling temporarily, the future expiration will also change from negative to positive.

The liquidity funds of our Karuizawa Commercial Bank are very sufficient and even somewhat excessive. There is no problem of insufficient liquidity at all.

In the unlikely event, I am talking about just in case, if our Karuizawa Commercial Bank encounters insufficient liquidity, we can also seek help from the parent company of the Karuizawa Group.

The current problem faced by Karuizawa Commercial Bank, or to be precise, the problem faced by our investment department, is to think about how to invest excess savings.

Otherwise, the interest paid to depositors will become a burden on our bank.As for the latter one, there are some things I don’t know whether to say or not. "

Naoki Ishihara said bluntly: "If you have anything to say, just say it."

The section chief plucked up the courage, but said cautiously with some scruples: "I know that the minister's wife is the daughter of the Nomura family. The investment in real estate in Vietnam by Nomura Securities and us is not a small sum.

Housing prices in cities such as Ho Chi Minh City, Hanoi, and Da Nang in Vietnam are also ridiculously high.I'm worried that Vietnam's economy simply cannot support such high housing prices. "

The deputy minister said with obvious pertinence: "You are trying to persuade the minister to withdraw the funds invested in the Vietnamese real estate market in advance without notifying Nomura Securities in advance. This is simply a breach of trust."

The section chief said straightforwardly: "There are no permanent friends, only eternal interests."

The deputy minister retorted: "Those are not the minister's friends, but the minister's wife's family. If I really adopt your trick, it will be tantamount to short-sightedness."

In the long term, this will seriously damage the good cooperative relationship and trust between Karuizawa Commercial Bank and Nomura Securities, the Ishihara family and the Nomura family. "

(End of this chapter)