Los Angeles, Wilshire Boulevard, Alder Commercial Bank Headquarters!
Although Los Angeles is known as the entertainment capital of North America, also known as the City of Angels, because of Hollywood, it is also another financial center in North America, and Wilshire Boulevard is the financial and commercial center of Los Angeles.
The headquarters of Alder Commercial Bank acquired by Chu Huan is located here.
Durant, the general manager of the loan department, was sitting in his office at this time. There was a white envelope on his desk with only one English word rto (resignation letter) written on it!
Durant is a pure white man. The so-called purity actually means looking down on all people of color except white people, especially yellow people.
So after learning that Alder Commercial Bank, where he worked, had been acquired by a wealthy businessman from Hong Kong, Durant had already typed up his resignation letter.
Not only did he want to leave, but he also contacted the other seven "like-minded" friends in the company. They were all senior executives of Alde Commercial Bank. They were planning to give the new boss Chu Huan a boost when he took office.
Submit their resignation letter.
Of course, all this is not impossible to discuss. In Durant's view, if he can have the supreme management power of the company, the so-called chairman and general manager will just listen to his own opinions calmly and be a good fortune for the company.
thing, he can still stay in the company!
Therefore, looking down on people of color is a deep-seated expression, and the real purpose is still to pursue one's own interests!
Today, Durant received a notice that Chu Huan and David Maxwell, the newly appointed general manager of the bank, will arrive at the company together, and the president's secretary's office has issued a notice that a meeting will be held at 10 o'clock this morning.
All-hands meeting of company executives!
"Ronald, that Chu Huan will take office today. I have helped you contact First Boston Bank. They have agreed to take over your loan at Alder Commercial Bank. You can leave this country that does not belong to North America with me."
It’s a bank for people.”
Durant not only wants to leave on his own, but also takes away some of the senior executives of Alder Commercial Bank. More importantly, he also wants to take away Alder Commercial Bank's most important customer, Disney Productions!
One of the eight largest production companies in Hollywood.
Of course, if Chu Huan agrees to his request, then Disney Production will naturally stay. To put it bluntly, Disney Production is now a card in Durant's hand!
Since the two founders of Disney, Walt Disney and his brother Royce Disney, passed away one after another, Disney Productions has entered a period of management chaos.
The person in charge of Disney at this time was Walt Disney's eldest son-in-law, Ronald Miller.
The reason why Disney's management was in chaos at this time was because Royce Disney's son Edward Disney was very dissatisfied with Ronald Miller's management.
Edward Disney believed that the company's development focus should still be on animation, film and other businesses, while Ronald Miller believed that the company's development focus should be on real estate, that is, the development of Disneyland.
For this reason, the two sides have quarreled more than once in high-level meetings of Disney production.
In the end, Ronald Miller won, and Edward Disney resigned from the company's management, remaining only as a director of the company.
A few years later, in the mid-1980s, there was a wave of mergers and acquisitions in the North American entertainment industry. Many companies expanded their influence by operating across various types of media, such as Time-Warner.
Amid Disney's internal and external troubles, Ronald Miller resigned and stepped down, while Edward Disney returned to the company to resolve its difficulties. In order to resolve the crisis caused by long-term family management, Edward brought professional manager Michael Eisner to power.
But that’s a story for another day. Ronald Miller is still at the helm of Disney’s production.
At the same time, Disney Productions is also one of the most important loan customers of Alder Commercial Bank.
Durant has always been in charge.
After receiving Durant's call, Ronald Miller on the other side of the phone smiled and said, "Of course, my friend, as long as you can guarantee that there will be no problems, there will be no problems on my side."
Durant smiled and said, "Thank you for your support, but I still want to talk to Chu Huan. If he can meet our needs, then maybe I won't have to leave Alde Commercial Bank, and you won't need to change the lending bank."
!”
Ronald Miller doesn't care about this. Anyway, he has found a way out. It is also a matter of course to help Durant put some pressure on Chu Huan.
"We are the closest friends. Your matters are my matters. Don't worry, my friend, we at Disney will always support you!"
Durant once again expressed his gratitude to Ronald Miller.
At nine o'clock in the morning, in the office of the president of Alder Commercial Bank.
Chu Huan, David Maxwell, and Wu Shuhan are already sitting here.
David Maxwell was telling Chu Huan about the situation of Alder Commercial Bank at this time.
"If possible, I hope to keep Durant. He is the general manager of the bank's loan department and has very wide connections in Los Angeles. He has maintained very close relationships with the presidents of several major studios and some independent studios.
He has a good personal relationship, and this person is also very prestigious in the company. If he leaves the company, the company will suffer huge losses!"
Chu Huan had Wayne Durant's information in front of him. After listening to David Maxwell's speech, Chu Huan smiled.
"I thought you would suggest getting rid of this Durant first!"
Chu Huan was parachuted in as the boss of Alde Commercial Bank, and David Maxwell was naturally parachuted in as the general manager of Alde Commercial Bank.
Durant is a representative of the local forces of Alder Commercial Bank and has a very high prestige in the company. Such a person is a very serious challenge to the authority of Chu Huan and David Maxwell.
David Maxwell said with a smile, "I have carefully read Durant's information. He is a very capable talent. If it were because of me personally, I would naturally not want such a person to stay in the company, but
For the development of the company, I hope, Chairman, you can keep this person!"
Chu Huan agrees with David Maxwell's point of view.
This is a very capable person. He introduced two-thirds of the company's loans. At the same time, the non-performing loan rate under his name is very low. It was not even there last year.
Chu Huan also hopes that such a person can stay in the bank!
"In that case, let's meet with him before the high-level meeting. It just so happened that he also expressed his wish to meet with us in advance through the secretary's office."
Chu Huan preached.
Wu Shuhan stood up and said, "Then I'll go and invite him in now!"
Chu Huan nodded.
Not two minutes later, Wu Shuhan walked in with a complicated expression.
"Where are the people?" Chu Huan asked curiously when he saw Wu Shuhan walking in alone.
Wu Shuhan said with some embarrassment, "Boss, I just called Durant's office. After the other party answered the phone, he claimed that the meeting time agreed with you was 9:20 in the morning, and it is now 9:10, which is far away from the two of you.
There are still ten minutes left for the personal meeting, and he still has some unfinished work at hand, so he said he will arrive at your office on time!"
Chu Huan and David Maxwell sat there and looked at each other, each seeing a hint of surprise in each other's eyes.
This is a demonstration to the company's chairman and general manager!
"It seems that this person is not easy to conquer!"
David Maxwell preached aloud.
Chu Huan stood up and came to the window, looking at the Wilshire Boulevard Temple, the oldest Jewish congregation in Los Angeles, across from the Alder Commercial Bank building, preaching calmly.
"Since the other party is working, just wait. I still have 10 minutes!"
Wu Shuhan stood behind Chu Huan and nodded, "Yes!"
Ten minutes passed quickly, and when the time came to 9:20, Durant knocked on the door of Chu Huan's office on time.
After walking in, Chu Huan met Durant, the general manager of the loan department of Alder Commercial Bank, whom he had wanted to stay.
He is a bit different from the traditional image of white people. He is not that strong, but he is very tall and his body is a little thin. He does not look like a professional manager, but more like a basketball player.
"Mr. Chu Huan!"
Durant just addressed Chu Huan as Mr. Chu Huan, not Chairman. After calling Chu Huan, he sat down directly without waiting for Chu Huan to respond. As for David Maxwell Durant who was sitting next to him
Didn't even say hello to him.
Chu Huan sat there, noncommittal about Durant's behavior, and asked aloud, "Wayne, I heard that you want to meet with me before I convene a high-level meeting of the bank. I wonder what you want to say?"
With a confident smile on his face, Durant said to Chu Huan, "Mr. Chu Huan, today I want to talk to you about the future development of the bank!"
Chu Huan raised his forehead slightly and said, "Just tell me!"
Durant said, "Mr. Chu Huan came to Hollywood for the first time. Although he has a good relationship with Miss Kelly from Apex Pictures, he is still a newbie here. He doesn't know much about Hollywood's operating model and the North American banking industry.
.
So I think Mr. Chu Huan, you should fully trust the opinions of us managers who have been working in the company and have great personal connections.
The best way to do this is to hand over the management of the company to us. Mr. Chu Huan only needs to look at the bank's financial statements every month, every quarter, and every year. As for other things, Mr. Chu Huan, please
There is no need to worry so much anymore.
After all, you are not that familiar with this industry and this environment!”
Wu Shuhan, who was standing next to Chu Huan, suddenly changed his expression when he heard Durant's straightforward act of forcing the palace.
After following Chu Huan for so long, this was the first time she saw such arrogant company management.
It was only when she saw the unchanging expressions on Chu Huan and David Maxwell's faces that she realized that she was still a little too young. She believed that Chu Huan and David Maxwell must also be very worried at this time.
Although they are dissatisfied, the two of them can still keep their expressions on their faces. This is the gap between the two parties, right?
Chu Huan said with a calm smile, "Although I don't know much about the financial environment in North America, David across from me is different. He is a pure North American who worked on Wall Street before. I think he knows a lot about the financial environment in North America."
The financial environment in North America should be very familiar, right?”
After Durant walked into Chu Huan's office, he glanced at David Maxwell for the first time, and then said with a smile, "The situation is different. Although David comes from Wall Street, he understands the way Hollywood operates.
I don’t understand. At the same time, this is Los Angeles and not New York. More importantly,”
At this point, Durant increased his tone and said, "More importantly, David doesn't know much about Alder Commercial Bank!"
Chu Huan and David Maxwell looked at each other and smiled, both seeing disdain in each other's eyes.
But Durant didn't notice this.
Chu Huan then continued to talk to Durant, "So what you mean is, let me just be a mascot of the bank, and David will return to New York. As for everything at Alder Commercial Bank,
Leave it to you to take care of it?"
Durant said without any embarrassment, "Yes, that's what it means."
Chu Huan continued to ask, "What if I don't agree with your suggestion?"
Durant said easily, "It doesn't matter if you don't agree. I once read a Chinese book, and there was a sentence in it that says, if you don't agree with each other, don't work together. Since Mr. Chu Huan doesn't agree with my opinion, then I will just
I can leave Alder Commercial Bank, but there is one thing I hope you, Mr. Chu Huan, can know.
It's not just me who is leaving the bank, but Mike Evans, general manager of asset management, David Sean, general manager of investments, and three other senior executives at the bank, as well as 13 middle managers.
At the same time, Disney Productions, Alder Commercial Bank’s largest client, will also cease cooperation with Alder Commercial Bank, as well as the remaining three independent production companies in Hollywood.”
The more Durant spoke, the more confident the smile on his face became. As a successful businessman, Chu Huan would not be able to give up the interests he mentioned.
After Durant finished speaking, Chu Huan turned his attention to David Maxwell, and then said with a smile, "Is this why management buyouts often occur in North American companies?"
David Maxwell nodded and said, "Although I don't want to admit it, the fact is that because they control most of the company's resources, although they do not have sufficient company shares in their hands, they can still rely on the
Resources, negotiate terms with the company’s boss!”
Chu Huan nodded slightly, turned his gaze to Durant again, and then said with a smile, "In that case, you can submit your resignation letter!"
The smile on Durant's face disappeared. With so many chips in his hand, Chu Huan actually dared to give up on him.
But Durant's pride made him hesitate without any hesitation. He took out the resignation letter that was originally used as a bargaining chip, put it on Chu Huan's desk, and then preached seriously.
"You will pay the price for your proud behavior today!"
Chu Huan chuckled and did not answer Durant directly, but asked him, "By the way, since you have prepared things so fully, I think you must have found a good home for yourself, right? Can you?"
May I ask, which bank will your next bank be?"
Durant showed a proud expression, adjusted his suit, and said calmly, "First Boston Bank! A bank with a glorious history in North America!"
Having said this, he provocatively told Chu Huan, "From now on, we are enemies. I believe we will meet soon!"
Chu Huan shook his head and said, "I believe we will meet again in the future, but it will definitely not be soon!"
After finishing speaking, Chu Huan looked at Wu Shuhan and said, "Call First Boston Bank and tell me what I said. If they are willing to hire Durant, then all the companies under my name will terminate their relationship with First Boston Bank."
At the same time, I will personally repay the loan in their bank immediately, and finally, I will use all means to obstruct all their business in Xiangjiang!"
Wu Shuhan said excitedly, "Yes!"
On the other hand, Durant, who had looked proud just now, now changed his face drastically. Alder Commercial Bank is only a middle and lower-tier commercial bank in North America, and its business is also very single.
Although I could switch jobs at Alde Commercial Bank to First Boston Bank, the treatment at First Boston Bank would definitely not be as high as at Alde Commercial Bank.
The reason why he was able to enter First Boston Bank was mainly because First Boston Bank wanted to open up business in Hollywood.
If it were a pure competition, it is impossible to say who has more advantages between Hollywood's business and Heung Kong's business. However, First Boston Bank's business in Heung Kong has already formed a scale, while Hollywood's business is new to the industry.
Add Chu Huan to the bargaining chips of both parties.
All the confidence Durant had before disappeared at this moment.
"No, you, you can't do this!" Durant began to panic in his tone.
Chu Huan smiled calmly and said, "Why can't I do this?"
After laughing, he said with disdain, "Are you really treating yourself as a dish? I don't know what to say!"
Finally, Durant left Chu Huan's office in despair.
"Since Durant can't join First Boston Bank, his customers won't leave First Boston Bank in a short time!"
David Maxwell preaches.
Chu Huan shook his head and said, "You can't think so. In fact, First Boston Bank's goal is Hollywood, not Durant. I think Durant must have negotiated terms with First Boston Bank before this, and First Boston Bank's goal is Hollywood, not Durant."
A Boston bank must have been aware of the studios' situation.
Even without Durant, they can still contact these production companies.
Moreover, this avoids Durant’s control over resources in the middle. Now that we have helped them get a legitimate name without Durant, I guess it’s not too late to be happy!”
Wu Shuhan asked curiously, "Is there something wrong with this person's brain? Does he really think he is so important?"
David Maxwell said with a smile, "There is nothing wrong with his brain, but his way of thinking is different from ours. He believes that the resources he controls are irreplaceable, but he forgets that it is Alde Commercial Bank that provides him with these resources.
He could have joined First Boston Bank instead of himself.
That’s why he is so confident and proud that he forgets that without a platform for him to show his abilities, he is nothing!”
Chu Huan smiled and said, "It seems that you are also very dissatisfied with his performance just now!"
David Maxwell said: "It's been a long time since I've seen such an arrogant person!"
After complaining about Durant for a while, the topic in the office turned to Alder Commercial Bank again.
Although they don't care much about Durant, one thing is certain, that is, the company's business will suffer a serious break due to the incident just mentioned.
Although a previous interview by David Maxwell in the New York Times has curbed the danger of a possible squeeze wave in the short term.
But losing some existing customers has become a foregone conclusion.
Chu Huan got Alde Commercial Bank not only because he wanted to have another barrier in the financial industry, but Chu Huan also hoped that this bank could bring sufficient profits to himself and the company.
So we must find a way to solve this matter.
Otherwise, the consequence will not be simply losing the clients of several production companies, but the subsequent chain reaction will be even more serious.
"Fortunately, Chairman, you contacted Caesars Palace, Ford Motor, and Apex Pictures before this. Otherwise, the bank's development will be even more difficult!"
David Maxwell preaches.
Caesars Palace is easier to say. After all, both parties are now partners, and it started as a sweet cooperation.
Apex Pictures itself is Chu Huan's industry, so naturally there is no problem.
As for cooperation with Ford Motor Company, it is the most difficult. However, when negotiating with Ford II, Chu Huan had already thought of what might happen today.
So Chu Huan talked about this with Ford II at the beginning. At that time, Chu Huan had the upper hand in the negotiations, and Ford II had no way to agree. If Chu Huan can really acquire his own commercial bank in North America in the future, then Ford Motor will
Cooperate with the commercial bank controlled by Chu Huan.
In fact, there are more cooperations with Alder Commercial Bank.
In addition, Langyan Games, owned by Chu Huan, and North American Jiuzhou Electronics, now managed by Chen Haichao, are both well-known companies in North America.
One is an emerging gaming company with an amazing ability to attract money, which has begun to attract the attention of Wall Street.
This is especially true for Jiuzhou Electronics. Chen Haichao now receives calls from Wall Street basically every week. The other party hopes to cooperate with Jiuzhou Electronics.
"Although the companies you contacted, Chairman, can increase the company's deposits, the customers you lose at the same time are even more important. They are the important profit income of the banking industry!"
Deposits allow a bank to have more money to lend, and loans can bring more income to a bank.
Therefore, the loss of Hollywood production companies headed by Disney will have a huge impact on Alder Commercial Bank.
"So, what you mean now is that you still hope that the company can retain these production companies?"
Chu Huan summarized David Maxwell's comments.
David Maxwell nodded.
Chu Huan looked at the time in his hand and said, "It's almost time. Let's go to the meeting first and then discuss this matter after the meeting."
David Maxwell nodded.
The three of them got up, left Chu Huan's office, and came to the conference room of Alde Commercial Bank.
At this time, all the middle and senior management of Alder Commercial Bank have arrived here, except for Durant, who has just resigned.
"Here is the resignation letter from Durant, the general manager of the bank's loan department. I have accepted it. I heard that many people in the bank want to leave. If this is the case, then don't waste everyone's time and prepare to send it.
Those of you who have submitted your resignation letter can submit your resignation letter now, and I will sign it on the spot!"
Chu Huan threw Durant's resignation letter on the table and spoke calmly.
There are no secrets in the office.
Regarding Durant's resignation, within just a few dozen minutes, it had already spread among the circles of these executives, and only some middle-level managers had not yet received the news.
So after Chu Huan finished speaking, the middle-level cadres were the first to stand up. However, when they stood up, they found that none of the senior leaders who had agreed to leave at the same time stood up. Those middle-level cadres were embarrassed.
Already.
"Chairman, Durant has worked hard in the company and made great achievements. We hope that Chairman you can give us a reasonable explanation for his resignation!"
Although some people backed down after knowing what happened, not everyone backed down, so at this time some people still spoke!
Chu Huan looked at the other party, and the identity of the other party matched the information he knew, Mike Evans from the Asset Management Department.
"There is nothing to explain. Durant was not optimistic about the future development of the company and chose to resign. I approved it. It is as simple as that. Personally, I still say the same thing. If someone wants to leave, I will not stop it. Everyone
It’s just a good time to get together and part ways!”
Such a calm and calm answer made some people at the scene unable to bear their pride.
Even though they knew that there would be a painful period of unemployment after resigning, these people still submitted their resignation letters.
There are some who are firmly on Durant's side, and there are also those who simply look down on Chu Huan, a person of color. Of course, they also want to see how Chu Huan will respond when so many middle and high-level executives leave their jobs.
There is a crisis in the company's management vacuum period.
But when they saw that Chu Huan had signed their resignation letters and everyone left, a person would walk in outside the conference room and sit where they were originally sitting, listening to David Maxwell's introduction.
The person’s background and qualifications.
Fewer and fewer people are submitting resignation letters.
In the end, the entire middle and senior management team was supposed to leave 17 people, but in the end, only 8 people left, less than half!
This makes Chu Huan a little disappointed. They brought 63 people. Although not all of these 63 people have entered the management, there are still redundant personnel!
trouble!
Chu Huan, who took over Alder Commercial Bank with lightning speed, began to describe the company's next stage of development plan.
After saying all this, Chu Huan handed over Alder Commercial Bank to David Maxwell, while Chu Huan went to see Kelly and prepared to solve the Disney matter!