Rebirth of the Strongest Tycoon

Chapter 607 Financial Empire Building Strategy

The reason lies in the extra word "Royal"!

Because of these two words, Royal Bank of Scotland has two unparalleled special advantages.

The first is the royal charter, which is a legacy of history and has never been cancelled. The royal charter was first established in 1727 by King George I, who ruled the Hanover region of Germany and the British dynasty. This is the entire British bank. The only prerogative of the industry, even the Bank of England does not have this honor.

Why is it now the House of Windsor and the only royal charter has not been cancelled?

That's because the Windsor dynasty and the Hanover dynasty are in the same line. When George V, the First World War broke out. Britain fought against Germany. The British royal family and the German royal family are cousins. In order to appease the hearts of the people, a Privy Council Royal Order was issued on July 17, 1917, announcing that the name of the British royal family and the private surname of the descendants of the royal family were changed to Windsor, from which the Windsor Dynasty came.

The royal family is still there, but the name is different. Naturally, the charter issued by George I will not be cancelled.

This royal charter, to put it bluntly, is a special business license granted by the royal family, and the royal family charges a certain fee.

What the Royal Bank of Scotland has obtained is that it can operate in the name of state institutions and the royal family, using the credibility of the country and the credibility of the royal family.

For example, in the eyes of the people of Scotland, the Royal Bank of Scotland with the word Royal is no worse than the Bank of England, which is the Bank of England, and even has a much higher credibility.

This is a private enterprise that is more like a state-owned enterprise than a state-owned enterprise. The word "royal charter" is like the word "Huaxia" for mainland state-owned enterprises. Private enterprises cannot use these two words at all, and registered companies simply do not allow approval.

Think of the fact that there are so many companies in China with the national prefix, and in the UK, the Royal Bank is the only one with no semicolons, and the value is even higher!

Royal Bank of Scotland was able to become the largest bank in Scotland with a higher expense ratio than the Bank of Scotland, and the Royal Charter was an extremely important factor.

Although the Royal Bank of Scotland has not yet gone out of Scotland, but with the word "royal", it will have a huge advantage in making it out of the UK and rushing into Europe, which naturally gives the people a certain confidence that the Royal Bank of Scotland can become the second largest in Europe in the future. Banks have the same reason.

In addition to this advantage, the second advantage of Royal Bank of Scotland is that it has the right to design and issue British pounds by itself. To put it simply, it has the right to issue British pounds!

It's not too big, but it's there!

A private bank has the right to issue banknotes that the central bank only the Bank of England has. This is absolutely impossible in China, but it is a fact in the UK.

There are three banks in the UK that have the right to issue sterling notes. In addition to the Bank of England and the Royal Bank of Scotland, the third is also a bank in Scotland. It is also a little-known small bank - Clydesdale, Scotland. Seoul Bank.

Although this small bank has the right to issue sterling banknotes, the right is too small, and it can only issue small denominations, and Clydesdale Bank of Scotland is only a small regional bank, and Xia Yu temporarily dislikes it.

Although both the Bank of England and the Royal Bank of Scotland have the right to issue sterling, there are differences.

Sterling issued by the Bank of England, valid throughout the United Kingdom, is printed with the portrait of Elisabeth II.

However, the pound sterling issued by the Royal Bank of Scotland theoretically can only enjoy the status of legal circulation in Scotland.

But after more than two hundred years, it has actually been circulated throughout the United Kingdom. When everyone recognizes the value of its pound, the paper will naturally be valid, and even the law cannot stop the public opinion of the whole country.

Unlike the sterling issued by the Bank of England, the head portrait of the pound issued by the Royal Bank of Scotland is called Elizabeth I. Although they are all the same person, due to historical reasons, Elizabeth I, who ruled England at that time, did not rule Scotland.

It was ruled by Queen Elizabeth II, so although it is the same person, it has different titles in the history books of England and Scotland, and of course it is different on the banknotes.

Of course, because the British pound issued by the Royal Bank of Scotland can also be circulated throughout the UK, it does not matter which avatar is printed.

The Royal Bank of Scotland, a bank in Scotland, has been listed, and this is Xia Yu's opportunity.

He is a native of Xiangjiang. At this time, Xiangjiang has not returned. In terms of household registration, he naturally belongs to British nationality, and is legally qualified to acquire the Royal Bank of Scotland.

And in order to reduce resistance, he would not shout and wish the world would know that he was going to acquire Royal Bank of Scotland, but he would only acquire it quietly and hide himself under the water.

Thinking about it in later generations, after the return of Hong Kong, the right to issue Hong Kong dollar notes is not unified in the hands of HSBC, Standard Chartered Bank and Bank of China Hong Kong. This is a shame. After he knew this fact in his previous life, he was also indignant.

Now that there is this opportunity, Xia Yu will naturally not let it go. If he, a Chinese, holds one of the powers of issuing banknotes in sterling, it would be cool to think about it.

These three target banks have invested in HSBC Holdings and become directors, so they will have a certain influence in the UK.

Later, if Standard Chartered Bank and Royal Bank of Scotland are acquired, Xia Yu's financial empire will cover the United Kingdom, Africa, Asia, Latin America and Oceania under the complementarity of the two.

At that time, as long as the Bank of Scotland becomes a large British bank and rushes into Europe, finds another fulcrum in the United States, and acquires or cultivates a heavyweight bank, Xia Yu can truly become a world-class financial tycoon, although not. A handful of the world's top, but also entered the world class, isn't it?

With the foundation of a world-class bank, a large capital injection, and continuous mergers and acquisitions, it will be very simple.

With a world-class bank, his Jiuding consortium will be able to break free from the shackles of regional consortiums, so as to rush out of Hong Kong and even Asia, and be qualified to compete with large European and American consortia.

The lofty ideals and brilliant future are derived from every step under his feet, and now the most crucial thing is to realize his vision.

In the president's office of the Bright Fund, Xia Yu looked at George Berkeley, who raised his head in shock, and said indifferently, "George, you don't have to worry about funds, are you sure you can implement this plan?"

George Berkeley was distraught, shocked by his boss's huge strategy, and at the same time he was under a lot of pressure.

Fortunately, the boss let him not have to worry about funds, otherwise he would definitely be overwhelmed.

He took a deep breath and nodded solemnly: "Boss, to be honest, I can't guarantee it until it is implemented, but I will fully implement your great plan."

"I need enough time."

Xia Yu gave him an admiring look and said encouragingly: "I will give you enough time, it must be completed within two years, if there is any difficulty or emergency, you must report it to me as soon as possible, and I will give you enough support!"

Giving George Berkeley two years is also a buffer period for Xia Yu. Now, with his influence and financial resources, he has acquired two banks at the same time and allowed them to develop rapidly. His current capital is not enough.

But he is confident that in another year or two, his wealth will skyrocket, and then his status will be higher, the influence will be stronger, the capital will be stronger, and the acquisition difficulty will be lower.

But there is no need to let George Berkeley know about these things, lest he think too much and shake his beliefs.

Hearing that it had been two years, George Berkeley breathed a sigh of relief, with a smile on his face, and gratefully said: "Thank you boss, I will not let you down."

"Um!"

Xia Yu smiled and nodded.

"By the way, I'll arrange one more thing for you recently. I'm interested in Heung Kong Land Group, but I don't have a good relationship with the Keswick family. Now someone in the Keswick family wants to quit and return to the UK. You will come forward. Buy me a stake in the Landmark Group as much as possible.”

"Here are the details and shareholdings of the Keswick family members."

"Acquisition as soon as possible, temporarily ranked first in the work order."

Having said that, Xia Yu took out a thin document from the drawer and handed it to George Berkeley.

George Berkeley took over and replied solemnly: "Understood, boss, I will execute it immediately."

"Um! Do you have any questions?"

Xia Yu asked.

George Berkeley shook his head: "Not for now. If there is a problem in the middle, I will report it to you."

"it is good!"

"Then go get busy first!"

"Goodbye boss!"

Watching George Berkeley exit and slowly close the office, Xia Yu stood up, stretched his waist comfortably, and the corner of his mouth showed a look of anticipation.

https://

Please remember this book's first domain name: . Apex Novel Mobile Version Reading URL:

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like