596 Bank
Adjusting positions is not an easy task. With the development of Junma Group, some people will always be unable to keep up with the pace of Junma Group's development and are not suitable to continue to stay in management positions. These people are the heroes of Junma Group's development to this day. How to make them willing to give up their power and then retreat to the second line has become the most troublesome thing in Li Mu's hands.
Some people are easier to deal with, such as Antonio Meuci of the telecommunications company. Although Antonio is the inventor of the telephone and is now the general manager of Junma Telecommunications, Antonio himself is a pure researcher. Although he has been the general manager in the past two years, he has been committed to improving the telephone. Junma Telecommunications company's actual operation is under the responsibility of deputy general manager Richard Gresham, so adjusting Antonio Meuci's work is not troublesome, and Antonio Meuci himself is also happy with this adjustment.
Some people are more troublesome, such as Howard Brent, the current general manager of San Diego Investment.
When San Diego Investment Company was just established, Howard Brent joined San Diego Investment Company. It can be said that he witnessed the development of San Diego Investment Company from scratch. After all, San Diego Investment Company has a strong Cuban background. Li Mu himself does not participate in the operation of San Diego Investment Company. Therefore, within San Diego Investment Company, Howard Brent has an influence no less than Li Mu. In this case, it is a bit troublesome to adjust Howard Brent's work.
The so-called troubles are mainly concentrated in Li Mu's not wanting to affect the normal operation of San Diego Investment Company due to changes in leadership positions. As the boss, Li Mu can completely transfer Howard Brenter with a transfer order, but this is too inhumane, which can easily cause panic among other staff members of San Diego Investment Company, and then affect normal work.
In order to avoid this, Li Mu took the opportunity to get engaged and called Howard Brent from Miami to New York.
Nominally, San Diego Investment Company and the Horse Group were not affiliated with each other, so Howard Brent came to New York and stayed in the Presidential Suite at Castle Clinton, rather than the other courtyard prepared by Li Mu for his guests on Governor's Island.
After continuous expansion, the current area of Governor Island has reached more than 120 hectares. Not only is there a swimming pool, horse farm, shooting range and other entertainment facilities on the island, but there are also more than a dozen rooms of different styles, ranging from Chinese to Western styles, making it convenient for Li Mu to entertain guests.
During Li Mu's engagement ceremony this time, many guests checked directly into the guest rooms of Governor Island, which has become a hot topic in Manhattan. Being able to check into the guest rooms of Governor Island represents the dignity of identity, and on the other hand, it also represents the intimacy of personal relationship with Li Mu.
In the eyes of most people, the latter point is even more important.
Taking advantage of breakfast, Li Mu and Howard Brent met in the restaurant of the Clinton Castle Hotel.
Of course, the restaurant is not an open public restaurant, but a separate private room with a certain degree of privacy. The private room chosen by Li Mu is named after the "tropical rainforest". The private room has a huge fish tank on the wall, which contains colorful tropical fish in the fish tank. A large number of bonsai planted with tropical plants are used in the room as decoration, which does look very tropical.
Howard Brent is just in his early 40s this year and is in the golden period of his life with the most energetic energy. In recent years, the business of San Diego Investment Company has developed rapidly, and Howard Brent is indeed at the peak of his career.
Whenever Howard Brent was always in a suit and tie, his hair was waxed, and his bow tie was meticulous, looking full of gentlemanly, and as elegant as an ancient noble from Europe.
"Are you still happy staying in Miami?" Li Mu seemed to stir up the topic in a plain way.
"Fortunately, if you can work in a place like Miami, what else can you feel bad about your life..." Howard's breakfast was very simple, a glass of milk, two slices of bread, and an omelette.
Relatively speaking, Li Mu's breakfast is much more complicated. Chinese believe in "eat full in the morning, eat well at noon, and eat less at night", so Li Mu's breakfast not only includes milk, but also a vegetable salad and pancakes specially made by the chef for Li Mu.
"Have you ever thought about changing the environment?" Li Mu didn't want to delay it. Capitalists in this era must have the arbitrary behavior of capitalists. The so-called "humanistic atmosphere" does not have this general environment at all.
"Switch, change the environment..." Howard probably didn't expect Li Mu to be so direct, so he was in chaos for a while and he had no usual calmness.
"It has nothing to do with San Diego Investment Company. You are doing a good job. I trust you very much and I am also proud of your work. This proves that I have read it wrong. But there is another problem now. You know, the business development of other subsidiaries of Junma Group is not as smooth as that of San Diego Investment Company. So I hope to change the way and change the way to see if there is a problem with the system or the person in charge." Li Mu fully affirmed Howard Brent's work, which will make Howard Brent more acceptable.
Sure enough, after Li Mu finished speaking, Howard Brent's face looked a little better. Li Mu could tell that Howard Brent really hoped that he could squeeze out a smile, but he did not succeed.
"I want you to go to Bank of America. You are the elite in the business field. You should know the importance of banks to business. Bank of America has seemed to have reached a bottleneck in the past year and has lost its previous motivation and spirit. This is exactly what San Diego Investment Company has today, so I want you to try it." The new position prepared by Li Mu for Howard Brent is no less important than that of the general manager of San Diego Investment Company, and is even better than that in some aspects.
The banking industry in the United States is very special. From the first day of its birth, the banking industry in the United States has no national attributes, but is more of a private bank.
There is no Federal Reserve now, and all American banks are private. In 1791, Alexander Han Milton, the first U.S. Treasury Secretary, proposed to establish the U.S. Central Bank, which is the No. 1 Bank of America. As a result, this proposal was widely criticized and boycotted. In the end, although Congress agreed to open the No. 1 Bank of America, it only gave a 20-year deadline. After the expiration, Congress decided whether the No. 1 Bank of America was necessary to continue to exist.
As a result, 20 years later, the No. 1 Bank of America was forced to close its doors even though it lived up to expectations.
In 1812, a dispute broke out between the United States and Britain. In order to restore bank order and deal with war debts, the United States once again considered establishing a central bank similar to the First Bank. Four years later, President Madison signed a bill to establish the Second Bank of the United States.
Like the First Bank of the United States, the Second Bank of the United States has a lot of fate. Congress gave the Second Bank of the United States still 20 years. As a result, 20 years later, in 1836, the Second Bank of the United States was forced to close again.
From 1836 to the present, no one has proposed to establish a central bank, which has led to the fact that the United States is now a popular private bank. Most of these private banks are state-owned banks, and they do not have the functions of a central bank at all. Sometimes, no one recognizes the banknotes issued by a certain state when they are out of this state. This is the origin of the "mainland currency".
The US dollar bills that are now generally referred to in the US market are "federal currency", which is a banknote guaranteed by the federal government and printed by private banks authorized by the federal government, which has achieved real and broad recognition.
What Li Mu wanted to obtain was the right to print dollars.
In Li Mu's impression, banks are standard state organs, and only central banks have the function of issuing coins. Other banks are at most financial institutions and have no other rights to defy the will. So when Li Mu knew the origin of the "dollar", you can imagine how ecstatic Li Mu was.
In the 21st century, Li Mu was deeply impressed by the Federal Reserve's multiple "monetary easing policies". The Federal Reserve used this shameless means to plunder the world's wealth again and again. As long as he thought that the Bank of America could one day perform the functions of the Federal Reserve, Li Mu would be so excited that he could not sleep at night.
Originally, Li Mu made a goal to Bank of America to obtain the printing rights of US dollars in 1876.
It seems now that it is obvious that the Bank of America has not achieved Li Mu's goal, so someone must take responsibility for this responsibility.
"Bank of America..." Howard Brent was still worried before knowing Li Mu's arrangements, but after listening to Li Mu's words, Howard Brent immediately fell into deep thought.
It is certainly a pity that it is not possible to continue to participate in the development of San Diego Investment Company. It seems more challenging and more fulfilling to take over Bank of America. Those who really pursue their career will never miss such an opportunity.
"There are three banks in the true sense of the United States, one of which is New York City Bank, Citibank, the other one is Morgan Bank, and finally our Bank of America. In terms of scale, the scale of both of them is not as large as our Bank of America, but our Bank of America has not achieved a status that matches the scale, so you think carefully, this is an opportunity." Li Mu did not have a mandatory requirement. I believe Howard Brent, you can give Li Mu a satisfactory answer.
In fact, strictly speaking, there are only two national banks in the United States. Your home is the City Bank of New York and the other one is the Bank of America. As for Morgan Bank, this is just a synonym. Their official name is Drakesel Morgan. Although they exercise some bank functions, they are not exactly the same as banks. So it seems that Bank of America still has a very advantage.
Like the first and second banks, which were criticized before, New York City Bank was still an in-state bank before, and only operated in New York State. In recent years, it has expanded its business to the entire United States.
Like the mistakes made by the First Bank and the Second Bank, city banks attach more importance to economically developed regions in the eastern region and only provide services to merchants and wealthy people. The farmers, who account for the majority of the American population, are not among the customers of urban banks, which also has a widespread resistance to the development of urban banks. Although in the eastern region, city banks have slightly better business capabilities than banks in the United States due to the credibility accumulated over the years, in the vast Midwest region, city banks have far inferior to banks in the Americas.
With the bug Li Mu, Bank of America is far better than city banks in terms of business model and service attitude. In addition, Li Mu spared no expense in promoting Bank of America, so the development speed of Bank of America is amazingly fast. Just as Li Mu said, Bank of America's current market position is indeed inconsistent with its scale.
This is also normal. Americans are not fools and do not know nothing about banks. Otherwise, there would be no first and second banks. In this case, it is normal for a bank with a Chinese background to be boycotted within a certain range. Even city banks cannot escape this vicious circle, and American banks are no exception.
However, Li Mu believes that the current situation is only temporary. In the future, Bank of America will definitely dominate the United States. This is determined by the characteristics of capital and is not transferred by the personal will of some people.
This is like the daily necessities consumption market in the 21st century Republic. Although many people complain from the bottom of their hearts that they support domestic products, when domestic products are nowhere to be found in the market, the choice is extremely limited.
What’s even more cruel is that when most people don’t know, many old domestic products have changed hands quietly, and Chinese people still habitually choose old brands when shopping, but they don’t know that many brands have changed their owners…
Of course, from another perspective, introducing foreign capital also has certain benefits. After all, foreign capital pays money, they deserve rewards, while the factory gets technology and development, and they deserve to pay, which is also determined by the characteristics of capital.
Of course, Li Mu would not wield the dollar stick and traveled all the way to the Qing Dynasty to harm the good things passed down by the ancestors of the Chinese. What Li Mu had to do was to make money from Americans in the United States, and then to feed back the Chinese as appropriate. This would be worthy of Li Mu's conscience and Li Mu's time travel would be meaningful.
"If I go to Bank of America, who will take over the San Diego Investment Company? Evan?" It seems that Edward Burrent has made a decision.
The full name of Aiwen is Evan Jefferson, who is Edward Brent's assistant. After Edward Brent left San Diego Investment Company, it was natural for Evan Jefferson to take over.
"No, the person who wants to take over is Cole, and Lawrence will take over as general manager of Pacific." Li Mu will definitely not let Evan take over Edward's position, so Li Mu's adjustment will be meaningless.
As for Lawrence's takeover as general manager of Pacific, in Edward's opinion, it was definitely a delivery, and it was also a delivery to the Far East in one go.
Chapter completed!