Chapter 1121 (1/2)

After the weekend, Simon arranged for Veronica to be in charge of the financial audit of igritte on the west coast. He left Los Angeles again, and then he would travel around the world. His first stop was New York.

Manhattan.

The rebolds are in their mansion on the upper west side on the evening of April 9.

There is a very small social reception being held here. Most of the guests are the top powerful people in the big apple area.

”Simon, as for Nasdaq, the situation seems to be very bad recently. If you have any capital needs, please speak at any time.”

The speaker is a middle-aged man with a round face and grey hair who is over 1.9 meters tall. His name is Thomas leney and his position is CEO of Bank of New York.

Simon smiles and raises his glass. ”Of course, Tom, I won't be polite if I need to.”

The reason why they are so hot is because of what happened before.

After the storm in February, the takeover and annexation of Mellon financial group by Bank of New York was very smooth. In addition, the collapse of the NASDAQ index in March severely damaged the financial market, which made Mellon financial group completely without the last strength to resist. At present, the two sides have basically agreed on the acquisition price.

12 billion dollars.

The main reason is that after a series of good news such as the takeover of Mellon financial by the Bank of New York, the stock price of Mellon financial rebounded again, from the lowest point of US $8.6 billion to more than US $10 billion.

Even so, Bank of New York has a huge advantage.

You know, Bank of New York tried to buy Mellon financial last year. Considering the premium, the budget was as high as $20 billion. Now, it's equivalent to saving 8 billion dollars. How can it not make people happy.

More importantly, with the tacit cooperation between the two sides this time, the Bank of New York also joined the westrow system.

Both shareholders, investors and the board of directors have responded warmly to this favorable situation.

Before that, Bank of New York, with assets of only over 70 billion US dollars, could not even enter the top 10 of Bank of America. This time, after the merger and acquisition of Mellon financial group with assets of more than 40 billion US dollars, not only did the asset scale exceed 100 billion and enter the level of world-class banks, but also the asset scale jumped to the seventh place of Bank of America.

In addition, it is possible for the Bank of New York to hit the top of the pyramid of the United States and even the world bank.

After chatting with Thomas Renyi for a while, Simon entertained some other guests and came to James Leibold again.

It's about the Bank of New York.

”After the merger, the new bank will be named New York Mellon bank. Simon, you should have no problem?”

”Oh, of course not.”

Simon smiles and shakes his head. I didn't expect that James would mention this kind of triviality. Perhaps, the Bank of New York is a bit concerned. He thinks that he has a deep conflict with the Mellon family. I don't know if it will make him unhappy to keep the Mellon prefix.

Simon has always been a pragmatist, of course, will not care about these false names.

In any case, after the merger, the Mellon family will completely lose influence over the new bank of New York Mellon.

James is also expected, just smile, said: ”also, after the merger, the new bank board members will increase from the current seven to 11, I have talked with Thomas, we can get two places, Simon, what's your plan?”

Both Bank of New York and Mellon financial group belong to the public holding private company with very dispersed equity, that is, the kind without absolute majority shareholders.

It seems that many shareholders belong to the common boss, but in fact they are controlled by the board of directors.

Just like before that, the entire Mellon family had only 7% of the shares in Mellon financial group, but it was able to maintain absolute control over the old bank for a long time by controlling five of the eight board seats.

Simon has long understood this hidden power rule behind the scenes of many old business tycoons in the United States. Therefore, under the premise of maintaining absolute control over the core enterprises of the westero system, he has been fighting for more board seats of other enterprises through various enterprises in the system, directly or indirectly.

In fact, it is tantamount to quietly fighting for control of the US economy.

This time, the westrow system helped lead the New York bank to annex Mellon financial group. Of course, it can't be in vain.

Even if there is no shareholding in the two companies, there are still conditions for the board of directors of the new bank after the merger. In order to create a legitimate purse, in addition to relying on the future cooperation between the two sides to establish a relationship of interests, more direct, or real power.

Even if the number of board members of the new bank increases to 11, with two seats, it is equivalent to getting 18% of the voting rights, which is absolutely not dispensable.

It's clear that this is the root of some kind of power. Even though Simon trusted James very much, he didn't casually assign this kind of personnel power to the other party. Instead, he said, ”I'll think about it and I'll give you a candidate soon.”It's not the first time that the two people have discussed similar issues. James just smiles and nods, and doesn't say much. If it was him, he would not easily release this power, just as in ancient times, few kings would allow their ministers to appoint officials.

It was ten o'clock in the night before leaving the reception at the Leibold's and returning to the apartment on Fifth Avenue.

After entering the apartment, I quickly found two women in a small living room next to the bedroom on the third floor, grace Clapp, who was six months pregnant, and Bryce Levison, who followed grace.

Seeing that grace is still holding her stomach, watching TV and waiting for herself, while another woman is sleeping soundly on Grace's thigh, Simon goes over, picks up Bryce, gently throws her on the carpet, and sits down in the place where the rest of the women are warm.

Bryce Levison opened her eyes in a daze, noticed the situation of someone on the sofa and herself, felt a small foot and kicked twice on the man's leg discontentedly, and then got up, stayed on the other side of the man again, huddled up in the rest position, leaned down on Simon's leg and continued to sleep.

Simon didn't leave her this time. He stroked the woman's smooth face. Then he let a finger be bitten by the woman and said to grace, ”how do you feel tonight? Is the little guy naughty?”

Before grace could answer, Bryce had already spat out her man's fingers and said, ”but it's noisy. I've been kicked. Otherwise, why do you think that grey is not sleeping now? It's not waiting for you.”

Grace waited for Bryce to finish and explained with a smile, ”she stuck it on my stomach to listen to the baby, and then she was kicked.”

Bryce added hastily, ”he'll be like his father in the future, bad guy.”

Simon simply blocked Bryce's mouth with his fingers again, and allowed the woman on his leg to whine. He was able to have a little chat with grace for a while. After a while, he thought of what happened at the reception and asked grace with a smile: ”do you know about the merger of Bank of New York with Mellon finance?”

”Yes, you do.”

”Well, I've got two seats on the board of directors this time. Just one for you.”

Grace shook her head. ”How can this work? I don't know about banks.”

Hearing this, Bryce once again broke away from the man's clutches and said, ”you don't need to know anything about this kind of thing, grey. He just needs you to be a puppet. The most important thing is to be obedient.”

When grace saw Bryce say that, she looked at Simon.

If that's the case, she certainly doesn't mind, or would be happy, to be his puppet.