Rebirth of the Capital Legend

Chapter 324 The strongest opponent of Wall Street in the future!

The shareholders of 'FXCM International' who had just signed the share transfer agreement, when they heard Su Yi say that the funds for the share transfer would be fully received within three working days, and just as Su Yi had promised before, all would be paid in cash, all showed obvious excitement on their faces, and looked at Su Yi with special trust.

Ever since the representative of Huayi Capital took the initiative to cross the ocean and come here to consult and negotiate with everyone.

during this period of contact.

Everyone found that although Su Yi looked young, his personal charm was particularly obvious.

Whether in negotiations or daily communications, Su Yi gave the entire FXCM International shareholder the feeling of confidence that everything was under control and the decisiveness to do what he said.

With such a person leading FXCM International, an institutional party like Huayi Capital was introduced.

It is difficult for all shareholders not to continue to be optimistic about the future, and it is also difficult for them not to welcome Su Yi and Huayi Capital's entry.

Moreover, the purchase price of US$10.5 billion for 75% of the equity offered by Su Yi is indeed a fair price in the market, and the shareholders did not feel that they had sold their shares at a low price.

What's more, Su Yi also allowed them to keep some shares.

"We all welcome Mr. Su and other friends from Huayi Capital to join our big family of FXCM International." When everyone was stunned, Stuart smiled and took the lead in applauding after receiving a positive response from Su Yi. "We also believe that under the leadership of Mr. Su, our FXCM International will be able to create greater glory and usher in a better tomorrow."

With Stewart's words...

In the conference room, all other participants from FXCM International applauded enthusiastically.

Later, when the negotiation meeting officially ended.

In the evening, all members of the Huayi Capital team and the core middle and senior management members of FXCM International held a celebration banquet together.

At the celebration banquet, some middle and senior members of FXCM International who were not eligible to enter the negotiation meeting today.

Seeing that this young man, Su Yi, had become the actual controller of 'FXCM International', and hearing about his brilliant performance in this round of 'Black Swan of Pound Exchange Rate' incident, they all showed an expression of admiration.

"Wow, that's the future boss of our company." During the celebration banquet, Xi Bei'er, the trading manager of FXCM International, looked at Su Yi curiously from a distance and said in amazement, "I can't believe that the real boss of our company is so young. I wonder if our CEO Su is married? Does he have a girlfriend?"

"Hey... you don't have any thoughts about our CEO Su, do you?" Next to Xi Bei'er, the account manager Salina said with a smile, "But I have to say, our CEO Su... seems to be quite handsome."

"Is that so?" Sibel smiled softly and said, "Before, Isaac, the president of our marketing department, asked us to focus on monitoring the trading account opened by Huayi Capital on our platform. I didn't expect that... in just two months, the other party has become the real boss of our company."

"Ah...it's hard to predict what will happen in this world." Salina couldn't help but sigh when she heard Sibel say this, "I never expected...the chairman and his people would just sell our company like this."

Xi Bei'er was not surprised by this and said, "What if we don't sell it? Our institutional position is over 10 billion US dollars short, and our group doesn't have that much money in its account. If we don't sell the company, we will have to declare bankruptcy, which will be of no benefit to us."

"We should have listened to Hubert at the time," said Salina. "If we had hedged some of our short positions on the pound exchange rate, we wouldn't be in this situation now."

"Who knows if the result of the UK referendum will be unexpected?" Sibel said, "What if we hedge our short positions and the pound exchange rate breaks through to the long side? In that case, many retail investors will still be forced to abandon their accounts, and our group's short positions will also face huge losses. Maybe... the consequences will be more serious. As a result... I think it is because we did not manage the forced liquidation line for our customers before, and did not prepare a good risk control plan for extreme market fluctuations, which led to the current outcome."

"In this round of 'Black Swan of the British Pound Exchange Rate' incident, the company's risk control department has already taken a lot of blame." Salina said, "And now... you still say that."

Xi Beier said: "It is indeed a problem of our internal control."

"Oh, forget it, let's not talk about this." Salina paused and changed the subject. "Do you think that after Huayi Capital takes over our company, there will be drastic personnel adjustments? The board of directors should be reorganized, right? Some positions in core departments will probably change, right?"

"The board of directors should be reorganized," Sibel said, "but the personnel structure of each business department should not be adjusted, right? After all, I heard that our CEO Su said during the acquisition negotiations... In the future, our 'FXCM International' will remain independently operated, and 'Hua Yi Capital' will not exercise long-arm jurisdiction over our company, nor will it interfere too much."

"I see..." Salina thought for a moment and said with a smile, "It seems that Mr. Su is a wise man."

"That's for sure." Xi Bei'er said, "This person is not simple at first glance."

Salina smiled and said, "It is impossible for a simple person to easily join forces with international capital giants such as Huayin International and Aberdeen Asset Management to reap tens of billions of dollars in profits in the pound exchange rate market in one go."

"So, the future of our company... should still be good." Xi Beier said, "'Hua Yi Capital' seems to be a pretty good parent company."

"I hope so." Salina said hopefully.

The two have been working at FXCM International for seven or eight years.

If the company has a bright future, the two of them would naturally be willing to continue growing with the company.

"It seems... Mr. Isaac, the president of our department, seems to have a good relationship with the new boss of our group." Sibel continued to secretly observe the movements of the main table in the distance and whispered, "He is actually accompanying President Su. This is a sign of a promotion!"

"Promotion?" Salina asked in surprise. "That shouldn't be the case. Didn't he just review the 'Black Swan of the British Pound Exchange Rate' incident at the board meeting a while ago and was fined by the group forfeiting all his salary this year? Oh...our department was also punished. All performance appraisals this year are zero, so forget about the bonus."

"That was before." Sibel said firmly, "Now that the new boss is here, he probably won't dwell on the past. It seems like if our group's board of directors is reorganized, Isaac might become our group's new vice president if he is promoted."

"Isn't this what Isaac has always wanted?" Salina said, "However, if he becomes the group vice president in charge of the marketing department, it should be a good thing for our future, right?"

"That's for sure." Sibel said, "This will make our marketing department more and more central to the group."

Accompanied by the two people's whispers.

In the whole room, there were other middle and senior managers of FXCM International who had never met Su Yi before and had no contact with Huayi Capital, or some people who were not very familiar with the details of Huayi Capital's acquisition of FXCM International at this time.

At this time, they were asking each other and paying close attention to Su Yi's movements.

Of course, Su Yi doesn't care about all this.

No matter what the management of FXCM International thinks, the acquisition is a fact.

After the celebratory dinner, the next day, Friday, July 7, Su Yi took a day off and then continued to discuss the reorganization of the board of directors of FXCM International Group with the core shareholders and board members of FXCM International.

After all, he is the controlling shareholder of FXCM International.

It is impossible not to arrange for people from Huayi Capital to join the board of directors of FXCM International. At the same time, it is also impossible not to interfere with the management of FXCM International.

Dear core shareholders and original board members of FXCM International,

Of course, we were prepared for all of this.

Therefore, after the joint discussion between the two parties and the voting decision of the original board members of FXCM International, the decision was made.

We added Wang Huaijin as an independent director and elected Su Yi as the chairman of the board and group chairman of FXCM International.

As for Stewart, he was elected as the CEO of FXCM International Group.

He will continue to manage the overall operations of FXCM International and handle all FXCM International Group affairs authorized by Su Yi on behalf of Su Yi.

Another one was nominated by Su Yi.

We elected Isaac as the group's vice president, who will be responsible for the foreign exchange market trading business and the group's external business cooperation.

When Su Yi finished dealing with the affairs of FXCM International, it was already July 7st.

On this day, after FXCM International paid off its short-term loans and short-term losses, the entire FXCM International temporarily overcame the difficulties.

With Su Yi's consent, the entire group issued an announcement to the international market and the industry.

It means that the actual controller of the company has been changed to "Huayi Capital".

When this news came out, not only were many people in the industry shocked, but even people in Hong Kong, thousands of miles away, and mainland China, who were paying attention to the foreign exchange market, or were foreign exchange market traders, as well as a number of other capital institutions that were paying attention to the movements of Huayi Capital, all showed expressions of shock and astonishment.

"I never thought that FXCM International, a long-established market maker in the foreign exchange market, would fall into the hands of Huayi Capital." On an online forum where foreign exchange market traders gather in mainland China, someone exclaimed, "Boss Su's moves are really one after another, getting bigger and bigger!"

"Hehe, I never thought that one day, the controlling party of 'FXCM International' would become our Chinese-funded institution."

"Okay, okay! I will transfer my trading account to FXCM International tomorrow."

"This should be the largest overseas acquisition by a Chinese-funded institution in our country this year, right? I wonder how much money it cost for Huayi Capital, headed by President Su, to acquire FXCM International?"

"Based on FXCM International's market share and business scale, it should be worth at least 20 to 30 billion US dollars, right?"

"Fuck, two or three billion dollars, a 100 billion-level acquisition, Huayi Capital is really rich."

"Then he must be rich. I'm kidding. Mr. Su just made billions of dollars in the foreign exchange market."

"But what is the intention of Huayi Capital, which is headed by President Su, to acquire FXCM International? Could it be that... Huayi Capital's business scope is to expand overseas in the future?"

"I don't know. I feel like Mr. Su is playing a big game."

"Wasn't there a rumor that FXCM International was going to acquire FXCM International? How come FXCM International ended up in the hands of Huayi Capital, which is headed by President Su?"

"Who knows? If FXCM International hadn't released the announcement itself, there would really be no news about this matter."

While everyone was discussing...

At this time, the United States, New York, the headquarters of "Forex Capital" company.

After hearing the news that FXCM International was successfully acquired by Huayi Capital, the company's chairman, Shemer, also sighed deeply and felt very uncomfortable.

Originally, other institutions were clearly waiting and watching.

If Huayi Capital had not come out of nowhere, FXCM International, which was in dire straits, would have been in their hands.

As a result, now I missed it.

Of course, they finally gave up bidding against Huayi Capital, the potential acquirer that suddenly emerged, because their company's current fundamentals were not optimistic and they could not offer FXCM International higher acquisition conditions and the so-called cash acquisition plan.

Likewise, as he sighed, at the same time.

Several Wall Street financial giants within Bank of New York Mellon and Citibank, which had clashed or cooperated with Huayi Capital headed by Su Yi in the pound exchange rate market, also noticed this matter and noticed the external expansion and potential ambitions of Huayi Capital.

"Old friend, this Mr. Su whom you met in Hong Kong...it seems that he is indeed not a simple person."

In a cafe on the street in New York, Humphrey, the hedge fund manager of Blackstone Group, held a copy of the Financial Times in his hand and smiled to Frederick, the star hedge fund manager of Aberdeen Asset Management, who was sitting opposite him and had returned to New York to work, and said, "It's really a big deal to acquire the market maker FXCM International in such a short period of time to lay out for future large-scale foreign exchange trading operations."

Frederick calmly took a sip of coffee and said with a smile, "I told you long ago that Mr. Su from Huayi Capital should not be underestimated. Who knows, in the future... this man will become the most troublesome and strongest opponent for countless people on Wall Street in the financial trading market."

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