Feng Yu's reply made the four banks' representatives embarrassed again.
They thought they can discuss with Feng Yu about their cooperation. But he didn't expect Feng Yu to send him off again after a disagreement.
Their faces were filled with unhappiness. This Feng Yu was too arrogant, wasn't he? What does he mean? Does he want to ditch the four banks?
But at the same time, they are shocked. Could it be that Feng Yu had reached an agreement with the other banks? How come they don't know about this?
If this is the case, it will have a huge impact on them.
All the other banks are working with a third-party payment platform, and only the four banks are not working with them. This will affect their customers' experience.
Feng Yu must be bluffing them. Why would those banks agree to cooperate with him? Isn't this the same as giving Feng Yu a slice of his cake?
It is just like their banks. No one will be the controlling shareholder, and everyone will discuss and elect the directors and senior executives. If Feng Yu agrees to let them invest in Alipay, it will be equivalent to setting up a new online bank, and there won't be any problems.
But now, Feng Yu wants to keep all the profits for himself. How can they agree to this? You said you will give us a slice in the future, but who knows how long it will be? Also, what if you don't give us a slice in the future? What if you give us a slice in the future?
"Mr Feng, no matter how you develop your online business, you will need our bank's support. It can be said that no company can do without the support of our bank. You are making things difficult for us. "
Feng Yu glanced at that JPMorgan Chase executive. "I believe you when you say no company can do without banks. But can you all represent all the banks? There are thousands of banks in the world, and I don't mind losing your support. We will become the world's biggest online payment platform. Without us, your customers will be lesser in the future! Since you all think it is difficult, forget it. "
Just like in Hua Xia in his previous life, if any bank couldn't be associated with Alipay, it would really affect their customers. In Feng Yu's previous life, Alipay was still so strong despite being surrounded by so many payment platforms. In this life, Alipay's only competitor is Paypal, and it will definitely develop better.
The restaurant bullied the customers, and the customers bullied the restaurant. The dominant position could be reversed at any time.
After the representatives of the four banks left, Ralph asked worriedly, "Boss, didn't you say that Alipay is expanding from Eastern Europe and Hua Xia to Europe and the US? Why are we starting from the United States? "
"I'm just giving American users another option. Of course, the main battlefield is still on Hua Xia's side. Alipay and Paypal represented two different consumer concepts. Of course, the main battlefield would be different.
However, it would be better if they could enter the US market and develop globally.
The value of Alipay was much higher than Paypal. The value of data can be seen from the rising value of Oracle, a company that specializes in data analysis.
Feng Yu had invested in banks before. For example, China's first private bank, Minsheng Bank. Feng Yu had invested in it.
But Minsheng Bank was being pressured by the state-owned banks, and it was hard for it to develop. If it weren't for the support of these entrepreneurs, the bank would have gone bankrupt a long time ago.
Even now, Minsheng Bank is still not making money. The main reason is the difference in treatment from the higher-ups. For example, the higher-ups had given a lot of support to the state-owned banks in terms of loans, but the private banks are always one step behind. It's the same for other businesses, like funds, insurance, etc.
To put it bluntly, the private banks had too many restrictions. If not, they would have developed a long time ago.
Feng Yu can make Minsheng Bank develop faster than the state-owned banks just by attracting deposits. Even Minsheng Bank is not allowed to invest overseas.
The state-owned investment institutions had started to invest overseas. These investment institutions were big and had sufficient funds. But to Feng Yu, many of their investments were wasted!
For example, during the US dotcom bubble, some of Hua Xia's investment institutions had suffered losses. They were chasing higher prices and did not dare to invest at the start. When they started to invest, it was too late.
This was nothing. They can still make money. But when it's time for them to retreat, they thought the market will recover. This caused their profits to decrease, and some of their investments suffered losses.
Iron-fist Zhu had invited Feng Yu to be a consultant for some state-owned investment institutions. But Feng Yu rejected the offer. It's not that Iron-fist Zhu does not want to help the country make money. It's because he had given Feng Yu too little authority and a lot of responsibilities.
If those investment institutions were willing to listen to Feng Yu, Feng Yu will have a large amount of funds to operate them. It will be easy for Feng Yu to make profits.
With a large amount of funds, one can still make profits easily if they are conservative. Hua Xia's investment institutions' heads were at this level.
Feng Yu rejected Iron-fist Zhu's offer and recommended Professor Liang and Fu Rongqi to Iron-fist Zhu. But because they were Hong Kongers, they were still under observation.
Although Hong Kong had returned to China, Hong Kong's policies were very different from China's. They could not understand the Hong Kongers' way of thinking. Of course, it was also because Fu Rongqi and Professor Liang were not familiar with China's politics.
Through this Minsheng Bank, Feng Yu had a deeper understanding of banks. Let's put it this way. Although Minsheng Bank didn't make any money, the shareholders of Minsheng Bank had indirectly obtained a lot of profits through Minsheng Bank's accounts.
Even a low-ranking bank in Hua Xia could bring in high profits, let alone the top banks in the US and the rest of the world.
Accounts were the most important foundation of a bank. Just look at UBS. They do not disclose their customers' accounts, and that's why they were so popular. Because of this, UBS's status in the world was very high.
The so-called safety was just a slogan. You can deposit 1 billion USD in any of the world's top banks, and it will be well protected. To big clients, any bank's services and security will not be bad.
The money will not be lost!
However, UBS can guarantee that your money will only be passed on to the person you want to pass it on to, or your direct heir, and it will not be affected by politics or other factors. This may not be the case in other banks.
It was also because of Switzerland's status as a permanently neutral country that made it aloof from the world.
But this was only a slogan. Switzerland had sold a lot of firearms to the war-torn areas. If you really want to be neutral, why do you need to research firearms? To put it bluntly, it was to protect the cake.
Feng Yu wanted to touch those banks' cake, and he wanted to see what the banks would choose.
… …
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