Beiyang reactionaries

"Brother Guangfu, the cabinet now needs a lot of financial talents if it wants to stabilize the finance. It is a waste of your talent to manage a small bank with 300 million savings. If you are willing to join the Savings Bank of China, it will be a great deal to the government As long as you are willing, I can report to the Bank of China and let you serve as the vice president of the Savings Bank of China and the president of the Shanghai branch. As long as you help the Savings Bank of China gain a foothold in Shanghai, there is enough development , then the position of president of the Savings Bank of China must be yours."

"You make me think about it."

"it is good."

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"Commercial Bank?"

"Yes."

Be proactive.

There are not many financial talents in China, and it can even be said to be very rare.Most of the financial talents are currently recruited by foreign banks, and many of them work in foreign banks.

In China at present, the compradors have the most financial talents.Because those compradors were the first to come into contact with modern banks, the first to work in banks, and the first to come into contact with modern bank systems and operations.

Later, when they got rich, these compradors sent their children to study abroad, to Europe and the United States to study business, finance, and banking.Let them return to the country to inherit the family business.

Because most of the financial talents in China who have returned from overseas study in Europe and the United States have been compradors since their ancestors, which can be regarded as family education.

Duan Xun lacks talents, especially financial talents.Therefore, Duan Xun never refused to them.Those people are professionals, foreign banks can use it, and so can Duan Xun.Duan Xun will not stop using them just because they are compradors.

As long as it is a talent, it can be used.

Therefore, the government is taking advantage of this opportunity to vigorously develop government-controlled commercial banks, and it is also aggressively recruiting various talents.Qian Xinzhi went to win over Wu Guangfu, and other banks also competed for talents in Shanghai.

"What do you want me to do?"

Shi Demao lit a cigarette and asked Bei Zuyi in front of him.

Xi's.

The No. [-] comprador family in Shanghai's financial circle, and even the most powerful family in Shanghai's financial circle.Many of those people in the Ningbo Gang are compradors, but they are nothing compared to the Xi family.The Xi family is the real and most powerful financial comprador family in Shanghai.

The impact is astonishing.

The financial circles in Hong Kong, including those local banks and money houses, as well as the loan sharks in Shanghai, and the industrial and commercial giants in Shanghai, all depend on the face of the Xi family.

why.

Because the Xi family has mastered the most powerful force in Shanghai's financial circle, which is the loan power of foreign banks.

The fact that the Xi family has truly become a big comprador is inseparable from HSBC.As a British bank, HSBC is currently the largest foreign bank in China and the most powerful bank.

Three generations of the Xi family have worked as compradors of HSBC for more than 50 years.

Xi Demao's grandfather, Xi Zhengfu, was the first to serve as the comprador of HSBC in the Xi family, and helped HSBC win a lot of business.That is, the Qing government had no money at that time and needed a loan from the bank.

At that time, many banks were hesitant.

The same was true for the first comprador of HSBC at that time.But Xi Zhengfu is very courageous, and thinks that this deal is a sure-fire deal.

So Xi Zhengfu facilitated this cooperation.

HSBC became the largest loan bank of the Qing government. So far, the Chinese government has borrowed about [-] million silver taels from HSBC.In the process, HSBC made a lot of money.

why?

HSBC loans are twice the interest of ordinary loans.

In the early years, the salt tax mortgaged by the Qing Dynasty was mortgaged to HSBC.And because HSBC Bank became the largest creditor of the Qing government, the customs duties of China must be stored in HSBC Bank, so that HSBC Bank can use this money to make loans continuously to make money.So far, the government still owes nearly [-] million taels of money to HSBC.With this business, Xi Zhengfu got to know Li Hongzhang and a group of Qing officials.This transaction greatly appreciated the board of directors of HSBC, let the first comprador get out, and made Xi Zhengfu the comprador of HSBC.

And Xi Zhengfu's ability is really strong.

After becoming the comprador of HSBC, HSBC became the overlord of China's financial industry in a short period of time.

HSBC took on large government business and slowly began to monopolize the exchange business.HSBC is also responsible for the exchange business between foreign banks and Chinese banks.

Let HSBC become a giant.

In the current Shanghai Bund, it should be said that the most powerful bank in China as a whole is HSBC.The strength of HSBC is even stronger than the sum of several commercial banks currently controlled by the government.

Of course, the Xi family is not only powerful in HSBC, many people from the Xi family have come to Shanghai for decades, and many of them have entered foreign banks and acted as their compradors.

And because the Xi family is so powerful, many private banks have invited the Xi family to take up high positions.

This is the Xi family.

Xi Demao is from Xi's family and is the grandson of Xi Zhengfu.He graduated from Nanyang Public School in his early years, and later studied in the UK. He graduated from the University of Birmingham with a master's degree in business.

"As the manager of China Commercial Bank."

"You want to invite me to be the manager of China Commercial Bank, why are you here?"

Xi Demao asked Bei Zuyi directly.

Bei Zuyi.

At present, he is the director of the newly established foreign exchange bureau of the Bank of China, responsible for managing the gold and silver and foreign exchange in the hands of the Bank of China.Xi Demao didn't understand that if he wanted to be the manager of China Commercial Bank, the board of directors of China Commercial Bank should tell him.

Instead of Bezuyi.

Bei Zuyi is from Bank of China and has no direct affiliation with China Commercial Bank.The appointment of the manager of China Commercial Bank should have nothing to do with Bei Zuyi.

"Because the Bank of China decided to issue a license for foreign exchange remittance business to Commercial Bank of China, making it the first bank in China to have a formal license for foreign exchange remittance business issued by Bank of China. Taking Commercial Bank of China as a pilot, in There is a tear in the international exchange business."

"Foreign exchange business?"

"Yes."

At present, China's foreign exchange exchange is basically monopolized by foreign banks.

Even if the Chinese government wants to exchange for foreign exchange, it used to need to go through foreign banks.Because China's domestic banks do not have foreign exchange business, of course, even if there is, it is impossible to develop.

Because foreign banks have monopolized this business.

However, with the strength of the Chinese government and the increase in foreign trade in recent years, some foreign exchange business has also begun.It is mainly the Bank of Communications of China, which currently undertakes some foreign exchange business.

But not much.

But Duan Xun could not agree to this situation.If the Bank of China does not have its own foreign exchange business, then China's finance will always be controlled by these foreign banks.

So Duan Xun needs to open a channel in this regard.

That's why China Commercial Bank was asked to come forward.

"However, the proportion of commercial shares in China Commercial Bank is not low. Is the Bank of China planning to directly intervene in the appointment of personnel in China Commercial Bank? This seems not good, and the shareholders of commercial shares will definitely object."