Extraordinary Genius Chapter 1148 - Probing

Chapter 1148 – Probing
The Citibank’s executive looked at Feng Yu confidently. He felt no one will resist the offer to be Citibank’s Director. Even Warren Buffett and Bill Gates are the same.
But after a few seconds, the Citibank’s executive noticed Feng Yu is looking at him as an idiot.
Feng Yu had not shown any excitement or happiness. Instead, Feng Yu looks at him coldly and doesn’t show any interest.
“Are you all also thinking of the same thing?” Feng Yu turned to the rest.
“Mr. Feng, all of us can also give you the same offer as Citibank.” The rest of the top bank executives replied at the same time.
Although these banks are competitors, they still cooperated sometimes. For example, all of them joined forces against HSBC because HSBC is from the UK.
Feng Yu smiled coldly. “Did I say I am interested in the Director position of your banks?”
Feng Yu really wants to ask them. “You think I will be easily tempted?”
These bank executives had been arrogant all this while, as they can control the US economy and affect the global economy indirectly.
But so what?
These bankers thought that Amazon will need internet banking for transactions, and they have a hold over Feng Yu. They felt Feng Yu will surely give in. But the banks will get high profits from the transactions, and why should Amazon give in?
If Jeff Bezos is Amazon’s major shareholder, these bankers might succeed in pressuring him to bow down. But Amazon’s major shareholder is Feng Yu, and Feng Yu will never let his companies be controlled by outsiders.
You can take something if I give it to you. But if I don’t want to give it to you, no one can snatch it away from me!
The banks’ executives were stunned by Feng Yu’s attitude.
This is different from what they imagined. This is the first time they made such an offer. If Feng Yu is not the World’s Second Richest Billionaire, the banks will never offer this condition for Amazon’s shares.
But Feng Yu rejected their offer!
This is the Director position of a bank with assets worth over a trillion USD. Feng Yu will have access to other companies’ transactions. The transaction information will bring in high profits.
Feng Yu is not interested in this opportunity?!
“Mr. Feng, you are an outstanding investor and should know what benefits you will get if you cooperate with the banks. With our help, you can easily become the World’s Richest Man! Although you might be unhappy with what we had done, we had already apologized. You don’t need to give up this opportunity to make more money because of a small incident like this.”
“Give up this opportunity? You all are trying to make money through my company, and I am not the one who wants to make money through your banks. Although you all are the top ten banks in the US and one of the top banks globally, so what? Which of your banks’ shareholders has more assets than me? If it is like what you all said, then why are they not the World’s Richest Man?”
Feng Yu looked at them with disdain. They made it sound like you can easily be the World’s Richest Man after getting the transaction information. All the banks have access to their clients’ transactions, and the bankers do make a lot. But it is too slow for Feng Yu.
Feng Yu would rather trust Soros than these bankers. They might have access to the transactions, but they don’t know how to use it.
Rumors are saying Soros has a close relationship with these bankers. But rumors are rumors, and Feng Yu doesn’t really believe it. If the rumors are true, Soros can easily make a comeback after his heavy losses. He is still an expert in financial trading, after all.
With funds and information, one can easily make money.
But no one had heard of these bankers making a large amount of money.
The banks want to make money but don’t want to get a bad reputation. These people are worse than Soros!
The top banks’ executives looked embarrassed. None of their banks’ shareholders can even make it into the World’s Top Ten Billionaires.
“Mr. Feng, although none of our shareholders can make it into the World’s Top Billionaires, our banks’ assets are growing steadily. If you are not interested in being our banks’ Director, you can tell us your condition. We can discuss it.”
“Condition? I still have not thought about it. Let’s discuss some other days.” Feng Yu waved his hand, and Ralph walks over to send the bankers off.
The few banks’ executives were stunned. They thought Feng Yu will mention some conditions, but Feng Yu sent them off without saying anything.
The bankers can still answer their Board of Directors if Feng Yu made some harsh demands that they cannot agree with.
But Feng Yu did not even mention anything. This will make the banks’ executives look useless.
Feng Yu did not allow them to speak anymore, and the banks’ executives left.
After they left, Feng Yu called Fu Rongqi to tell him about this matter. Actually, Feng Yu does not mind letting these banks own some Amazon shares, as Amazon is still under his control. He can also add in a clause that he can buy back those shares at the market rate anytime in his contracts with the banks.
The mobile payment Feng Yu is going to introduce still needs to work with these banks. If the banks do not support this payment platform, it will be hard to communize this payment system.
Luckily, only four banks had come to meet Feng Yu and not all the top ten banks in the US. Feng Yu still has room to negotiate. Even if these four banks refused to cooperate, he could still look for other banks. At that time, these four banks will lose the opportunity to work with Amazon.
Fu Rongqi listened to what Feng Yu said and told him that he should work with these banks. Feng Yu told Fu Rongqi that Amazon’s profits are nothing compared to the Mobile Payment Platform’s profits. It will be a good deal if these banks are willing to support Feng Yu’s Mobile Payment Platform in exchange for Amazon’s shares.
Fu Rongqi is willing to give up some of Amazon’s shares from this direct funding shares issuance. But he needs Feng Yu to probe the banks and see what’s their decision.
“Boss, the share prices we are offering to the banks are doubled of what we are selling to Mr. Fu Rongqi. Will they agree?” Ralph was shocked. This is a harsh offer and is targeting those banks.
“Just try it. It will be great if they agree, and it doesn’t matter even if they reject it. What I want to see is their attitude!”
Translator’s notes:
Mobile payment