Reborn in America, I'm serious about making money.
Chapter 95 The Software Giant That Doesn't Focus on Its Core Business
Perhaps having tasted the benefits of banks, with Citibank preceding them and Midland Bank following suit, NT-MS had benefited greatly from the growth of both banks, especially the shareholders on the board of directors, who also felt that banks were indeed quite profitable.
This also led NT-MS to begin its decline into the financial industry. However, this matter naturally required consulting Zhang San, who was far away in Shanghai, since he was in charge of all affairs of the two banks.
"John, you mean you have the other shareholders' approval, and they also believe that we can develop in the financial industry?"
Upon hearing John's report, Zhang San immediately sat up. Has he gone mad?
"Yes, boss, they want you to go back to your original job and become a financier, instead of messing around in Asia."
Hearing his subordinate say that, Zhang San felt a little ashamed. How did he end up in Asia?
But after hearing what they said, it seems, maybe, that I have some hidden talent that I haven't discovered? Or that I really am a financial genius, but I just don't know it?
"John, you also think of me as a financier?"
"Of course, your talent is unparalleled." John said sincerely, making Zhang San feel as if it were true. He continued, "From Citibank to Midland, you led us all the way forward, triumphantly."
Citigroup has recovered, and its stock price is soaring, shocking not only Wall Street investors but also financial experts.
Metland Bank is now on the right track, clearing its loans and shifting its focus from the UK to North America, especially in Silicon Valley.
This direction was also proposed by Zhang San.
Moreover, he proposed a slogan that anyone with a deposit in the Mittelland Bank could apply for a credit card.
This slogan brought them more users; these users didn't have much in savings, but the sheer number of people made up for it! Moreover, these users also brought in many credit card users, which was a huge amount of revenue.
Under such circumstances, its financial acumen has also gained wider recognition from shareholders.
Zhang San thought for a moment and said, "Let me think about it."
In North America, forming a financial group is not an impossible task. In the current situation in North America, the US dollar has not depreciated but has room for appreciation. Since the breakup of the Northern Big Brother in 91, the United States has been the sole dominant power.
Moreover, the United States took the lion's share of this feast and was naturally very pleased with itself; coupled with the substantial income it received from the island nation, it began to expand into other Asian markets.
After 91, South Korea, Taiwan, Hong Kong, and Southeast Asian countries received a huge amount of funds; these funds entered these places in the form of loans, causing housing prices and stock markets in these places to soar.
Although he didn't know which stocks had risen, he knew that the index had risen; and he vaguely remembered that the stock market had risen a lot in the early stages, with a peak around 1995, then fell a lot in 96, and peaked again in 1997.
I can't remember the others, but these are enough; if he remembers all the other stocks, that's not rebirth, that's mechanical ascension, that's a brain in a vat, living a life of doing whatever he wants within a pre-programmed sequence.
Of course, it will also come with a system and cheat codes to make everything seem reasonable.
On March 23, Zhang San took a plane from Shanghai to San Francisco, and then went to Seattle, the former headquarters of MS, now the headquarters of NT-MS. There is a huge industrial park there, which was bought by the wealthy NT-MS and turned into a huge software park.
Once you get here, you've essentially arrived at his home turf.
Three days after his return, he convened a board meeting where he shared his thoughts.
"Gentlemen, what is our foundation? It's WINOS and OFFICE, that's our core business. Finance is just an investment. In order not to affect our core business, I've decided to split the software and finance into two parts. NT-MS will become NM Holdings, and then the software will be spun off to form NT-MS, and the finance will be formed into NM Financial Group..."
He explained his ideas to the board members, and they quickly approved them.
These representatives are from various computer manufacturers. They certainly understand what Zhang San means. They cannot abandon their main business, which brings them huge amounts of cash. What could be more important than cash?
During the half-hour recess, the directors began contacting their shareholders to discuss the split.
After the recess, the final process began: a vote. His proposal was unanimously approved by all board members.
"Finally, I have one more proposal: we can acquire one or two more banks."
As soon as he finished speaking, applause erupted in the board meeting; they needed such a courageous and enterprising leader, even if he was Chinese.
Race is not an issue when it comes to power and money.
Besides NT-MS, he was also busy with New Era Holdings, and he had someone investigate a game company.
"Could you help me find a game company founded by three students in California or Silicon Valley? They've released a few really fun games, but I've forgotten their names. Could you help me investigate them?"
Zhang San believes that problems that can be solved with money are not problems.
The consulting firm on the other end of the phone was momentarily bewildered, but since the other party described it that way, there must be such a company. His description was unclear, but that didn't matter, as long as the other party paid more money.
"Of course, sir, the information you provided is rather vague, so the fee will be a bit high."
Money!? Zhang San laughed and said, "OK, send me the bill later."
"You see, it's that simple. As long as you have money, many things are convenient." Zhang San smiled at his two (part-time) secretaries and added, "If money can't solve something, then it's because you didn't pay enough."
The two secretaries didn't want to talk to him. He was acting like a nouveau riche, a bit arrogant, like he'd gotten too big for his britches.
He had already planned out the remaining split-up matters. As for the plan to acquire the bank, he had also submitted it. That was New York Republic Corporation, which was acquired by other banks for $104 billion in 1999. It was better to acquire it sooner rather than later.
He didn't care about the rest; he let the board members worry about it. His lazy personality was also something that others liked about him; otherwise, who knows what they would think.
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