Chapter 481: Three Leaf Bank

At seven o’clock in the evening, Masayoshi Kishimoto was already sitting in one of the best private rooms at the Hiraku High Japanese Cuisine Pavilion. As he waited until the door flap was once again pulled open by the battering ram, Yamada Mirai personally led two men in.

One of these two men was older, entering old age, and the other was much younger, entering middle age. They were the very people Masayoshi Kishimoto wanted to see.

The two men sat cross-legged front and back directly across from Masayoshi Kishimoto. Before they sat down, they took the initiative to bow deeply toward Masayoshi Kishimoto who was sitting without getting up.

In Japan, the act of an older person bowing to a younger person could only mean that the person was of a higher social status. They stood upright with their backs, and the expression on their faces showed considerable seriousness.

Even though the dishes were being brought to the table one after another, and the wine was being poured by Yamada Mirai herself to fill up the empty cups in front of them individually, it did not allow the two to relax a single star.

In their hearts, they knew very well that this meal tonight could be called a veritable Hongmen Banquet. Even so, they had to come and make a final fight.

The elderly man suddenly moved his body backward and directly bowed down with both hands on top of the tatami mat and said, “Please spare us from the Three Leaves Bank!”

Subsequently, the middle-aged man on the side also followed the older man’s example and also bowed to the tatami mat with both hands, saying, “Please.”

“If this is really useful for you guys, then why would I go through all the trouble?” Justice Kishimoto showed a complete indifference.

Inside the world of capital, the law of survival was the most basic law of survival. The reason why he himself had set his eyes on this small bank called Mitsuba was to integrate and perfect one of his current financial chains.

Hard Gold Capital was his business venture, and it was also the largest wholly-owned subsidiary of the Hard Gold Group at the moment. Hard Gold Capital was actually an investment bank, or investment bank for short.

In Japan, investment banks often take the form of securities firms. When Miyazaki Ryui had entered a medium-sized securities firm right after graduating from Waseda University, it wasn’t because he belonged to the bottom of the Waseda graduates, but rather the best.

That was a job that only successful people who had passed through layers of selection and five hurdles were able to do, after all, investment banks in the financial field were extremely difficult to enter.

Only, the other party’s luck is not very good, suffered the 1997 Asian financial turmoil, and thus the original company collapsed bankruptcy.

Before that, the most famous Yamanashi Securities also collapsed and went bankrupt. Although the bankruptcy of Yamanashi Securities and the 1997 Asian financial turmoil is not directly related to the bankruptcy, but also because the last straw broke the back of the donkey.

The root cause of the real bankruptcy of Yamanichi-Securities was the huge losses incurred by the economic bubble that began to collapse in Japan at the end of the 1980s.

In 1989, Yamanichi-Securities and Sakazu Kogyo were involved in an improper securities transaction, which was also an attempt to make up for the losses that had been concealed.

In January 1992, Yamanichi-Securities’ losses amounted to 109.3 billion yen, and in December 1996, it lost another 150 billion yen due to the handling of non-performing claims.

In July of the same year, a forced search by the Japan Securities and Exchange Commission and the Tokyo District Public Prosecutor’s Office revealed that Yamanichi-Securities had provided illegal funds to the yakuza-type “Sekiya,” which led to the arrest of Yamanichi-Securities’ general manager.

At the end of August, 11 senior executives, including Mr. Gyokudaira and Mr. Miki, resigned from their posts, destroying the credibility of the company in the eyes of its customers.

Moody’s Corporation of the United States also declared its bonds to be unreliable, and Yamanichi-Securities’ closest ally, the Fuji Bank, also left the company, and without the Bank’s capital injection, Yamanichi-Securities was on its way to the end of the road.

Although Mitsuba Bank is a small bank located in Nakano district, it is a commercial bank. There is a fundamental difference between an investment bank and a commercial bank.

In the process of playing the role of financial intermediation, investment banks are financial intermediaries for direct financing, while commercial banks are financial intermediaries for indirect financing.

Large commercial banks or full-fledged commercial banks will also carry out investment business, that is, to play the role of investment banks.

Generally speaking, small commercial banks generally do not have this business item, that is, their own capital is not enough to support it to carry out this kind of high-risk and high-return, and even the investment time cycle is also long.

Once the investment fails, it will directly affect the safety of their own liquidity and there will be a run on the bank. This is what commercial banks fear most.

Their main financial program is to absorb deposits from large and small depositors, and then the deposits through the credit department lending out to companies or factories in need of funds, using the interest difference to make a profit.

In addition, it is to promote financial products to the bank’s depositors to earn commissions, the use of depositors’ funds for a certain degree of trading stocks, securities, speculation in foreign exchange, gold, futures …… Or, is the peer to peer in the lack of funds, the use of overnight lending rate to make a profit and so on.

Kishimoto justice is to forcibly eat the three leaves of the bank, to big bully small malicious acquisition. The two men in front of him at this moment, one was the president of the Sanba Bank, and the other was the special agent of the Sanba Bank.

Masayoshi Kishimoto picked up the sake on the tabletop was a tilt of the head and drank it dry, “Let’s talk about the most practical things!”

“Our Mitsuba Bank is not in the red. This is a hostile takeover on your part.” The president of the Three Leaves Bank got up and summoned up his courage to say.

“I have never denied that this kind of behavior of mine is a malicious acquisition. There are two ways to force me to give up, one is MBO, which is a management buyout.

The other method is a white knight (when a company becomes the target of a merger or acquisition by another business, it is generally a hostile takeover. In order to prevent a hostile takeover from occurring, the management of the company looks for a “friendly” company to merge with, and this “friendly” company is called a “white knight”.

(Generally, management-backed “white knights” have a high likelihood of success, and the company’s managers, with the support of institutional investors, may even become “white knights” themselves and switch to management buyouts). ” Mr. Masayoshi Kishimoto did not hide anything,” he said.

Here he paused for a moment, his right index finger was up, and then added: “I am mindful of the fact that both of you have labored for many years for Mitsuba Bank.

Here can give you two one more choice, that is the golden parachute (also called golden parachute, refers to as the senior management of the enterprise, in the loss of their original work, the company from the economic protection of their generous, first produced in the United States.

“Golden” means generous compensation, “parachute” means that executives can avoid the impact of changes in control of the company to achieve a smooth transition.

This strategy of letting the acquirer “hemorrhage” belongs to one of the anti-takeover “poison pill plans”. The principle can be expanded to include compensation for various reasons for the operator’s retirement. These include stock options, bonuses, severance pay, etc.). .”