Chapter 669 (1/2)

The next day.

60 Wall Street, Wells Fargo headquarters.

”Morgens Danli has just been established and lacks a stable and sustainable business. I can't see the benefits of cross shareholding.” Dick Mellon looked to the other shareholders and expressed his views.

The huge network and capital reserves of Morgan commercial bank are tempting for them, but Morgan Stanley is only a shell.

In terms of business segmentation, all the networks are left in the commercial bank, and Stanley's own partners are responsible for making a breakthrough.

It seems to them that the cooperation between rich countries and Stanley is like setting up an opponent for themselves. What's the advantage of doing so?

”What do you think, strantis?” Li Zitao sat lazily on the throne, idly turning the pen in his hand.

”I don't agree with this proposal. Morgan is very dangerous. It is the top predator. No one can compete with it in the financial field, at least for the moment.

I am worried that Morgan will eventually penetrate our main body and break the current balance.”

Li's holding is not only a person or an interest group, but also a financial entity of Rockefeller, Chicago consortium and Lee's.

Mellon is better. They have their own Mellon bank, but the first bank of Chicago consortium and Rockefeller's Manhattan chase have been integrated into Lee's.

If the money bag is infiltrated, Morgan will take their lifeblood.

It's hard to say what they want to do in the future, they have to look at Morgan's face.

In the financial sector, no one is optimistic that today's rich countries can compete with Morgan.

Morgan has been dominating Wall Street for many years, and rich countries are far behind in terms of experience and details.

”Charlie, I don't like this proposal either.” David Rockefeller mused, ”as Dick and strantis said, Morgan is the authority in finance.”

”Just a name can make a famous person feel afraid. Is that Morgan?” Such a situation was unexpected to Li Zitao.

Looking at Juliana's heavy face, she should have disagreed.

Yes, after all, she worked at Morgan at the beginning, and she needs to know more about this financial trust than ordinary people.

He turned to Jonathan, and his face was serious, but he didn't say anything.

”Let's put this proposal aside and talk about the issue of stake in Stanley... I think you've all read the partnership agreement. What should we do?”

Li Zitao is not in a hurry to continue to push forward. As others have said, Morgan's reputation in the financial field has come out step by step.

Every employee who comes out of Morgan is the elite that other financial institutions want to get, and its huge talent pool and experience are unmatched.

Li Zitao also has some concerns. If Fuguo and Datong are infiltrated by each other, the development of blue and white chamber of Commerce will be constrained.

But let him miss this opportunity, Li Zitao is also a little unwilling, not all have the opportunity to intervene in the Morgan system.

The future weight of Da Mo lies there. Compared with Morgan commercial bank, which everyone is optimistic about now, Li Zitao wants Stanley and Damo.

”We can engage its partners and make them our equity representatives.” Juliana came up with a plan.

”It's good to note that besides Harry and Stanley, Stanley has seven leading partners, all of whom are optional targets.” David nodded in agreement.

”I think it's good to have a private agreement with him.” Strantis agreed.