Chapter 121: Financial Group Meeting (2)

The one speaking was McCormick of the Chicago financial group. As soon as his words came out, everyone present immediately focused their eyes on him.

To tell the truth, the strength of the ICQ company can indeed be called a small financial group, but it lacks the most basic thing of a financial group, and that is a bank. Without a bank, no matter how large the cash flow is, it can only be deposited in someone else's bank. Once there is any disturbance and the cash flow is frozen, the trouble will be big. Therefore, companies without banks cannot be called financial groups.

But since Douglas said so, no one would compete with him. After all, offending the William family is not easy to deal with.

However... everyone present, except Douglas and Morgan, showed a playful smile.

As everyone knows, although the Chicago financial group is controlled by the three major families, in fact, it has been infiltrated by Morgan, and its core business is controlled by Morgan. To some extent, the Chicago financial group is considered an affiliated financial group of Morgan.

Now, the Chicago financial group is provoking Ye Nan. Behind this is Morgan competing with Douglas. They naturally want to watch a good show on the side.

But what surprised them was that Douglas didn't show any indication, as if he turned a blind eye to Morgan's provocation.

"Is Douglas trying to get me to confront the Chicago financial group?" Ye Nan thought to himself. "It seems he really has the heart to abandon me. Even if I maintain respect, it is still the case. Is it crossing the river and tearing down the bridge?"

If it were before, Douglas would have come out to speak for Ye Nan. After all, Ye Nan is a person he values very much. Even if he didn't stand out to confront Morgan, he would come out to be a peacemaker, instead of sitting on the side and watching the show in silence like now.

"Sure enough, I should still be self-reliant. Fortunately, I established the ICQ company at the beginning and developed it to this extent. Otherwise, I would have been cleaned up long ago." Ye Nan thought with celebration.

"Then Mr. McCormick said, what kind of company can be called a financial group?" Ye Nan asked.

"Naturally, it is a company with a bank as a reliance." McCormick sneered. "If there is no bank to accommodate cash flow, the anti-risk ability of the financial group will be greatly reduced."

Originally, McCormick didn't want to offend the ICQ company either. After all, the ICQ company had initially formed its own monopoly financial group. Although its current strength is relatively weak and cannot compare with some large financial groups, that is only because their foundation is weak. As long as they are given another ten or eight years, it is not impossible to grow to the level of the Chicago financial group.

Although the McCormick family is the helmsman of the Chicago financial group, they are one of them. If they put aside the name of the Chicago financial group, their McCormick family is not much stronger than the ICQ company.

Coupled with Morgan's infiltration of the Chicago financial group some time ago, it compressed their family's living space. Under the exclusion of major financial groups, the Chicago financial group is not as good as before.

Offending the emerging ICQ financial group, he is unwilling to do so no matter what. But the benefits offered by Morgan, he cannot refuse, so he can only bite the bullet and be this villain.

"This is a difficult problem." Ye Nan thought feignedly. He was thinking about whether he should show his ambition to swallow the three major note-issuing banks at this time.

"If I say it at this time, it would be good to give them a vaccination."

Ye Nan thought in his heart and was about to speak, but was interrupted by old DuPont.

"If the ICQ company lacks a bank, there are still several banks under my DuPont financial group that can be sold to the ICQ company."

The goodwill suddenly delivered by old DuPont surprised everyone present. Only Douglas looked at him, with an indescribable meaning in his eyes....

"How could he..." Ye Nan was also surprised in his heart. The focus of the DuPont financial group has always been in the arms industry and heavy industry, and there is not much intersection with the ICQ company. He just bought a lot of industrial machine tools and steel from companies under the DuPont financial group.

But if it were only because of these orders, DuPont would stand up for him, and even say that he would sell banks to him, it is simply impossible.

A financial group needs banks that are not small banks. They need medium-sized banks with businesses all over the United States, or even large banks spanning many countries in the Americas and top-level banks spanning the world.

The DuPont family wants to sell banks to the ICQ company, to Ye Nan. What they sell must be the kind of medium-sized bank that can support Ye Nan's huge cash flow. But Ye Nan knows very well that the DuPont family, based on arms and heavy industry, has very few banks under their own control. In many cases, they rely on the Morgan family for financing.

In the case of lacking enough bank financing, he still said such words, making Ye Nan unable to guess his purpose.

"Is there a conspiracy inside?" Ye Nan instinctively guessed. This is not to blame him for using such clumsy thoughts to speculate on old DuPont, but he has to guess this way.

Every helmsman of a financial group is a person who is thoughtful and calculating. How could he suddenly have such an idea of benefiting others and not benefiting himself? This is not a pie falling from the sky, but a trap falling from the sky.

"No need to worry." Old DuPont immediately laughed when he saw the hesitation on Ye Nan's face. "Although there are few banks under my DuPont financial group, it is still possible to sell you one."

The DuPont financial group had long realized its own shortcomings, so they had been swallowing banks. Gradually, they got rid of the influence of the Morgan family. However, because of the idea of showing weakness, they were also keeping a distance from the Morgan family and did not directly merge several banks into the DuPont financial group.

"I have 130 small banks under my banner. I can sell you 30 banks. With their outlets all over the United States, plus the cash flow of your ICQ company, it is enough to integrate into a medium-sized bank. It should be able to help you integrate the property of the financial group."

130 banks! Everyone present exclaimed one after another. They were not exclaiming that the DuPont financial group had so many banks under its hands; they were exclaiming that the DuPont financial group had swallowed 130 banks silently.

Morgan's face was very ugly. The DuPont financial group showed its strength at this time, making him think wildly.

"Could it be that this DuPont financial group is showing favor to the William family?"

This made him have to think so. The William family is too terrifying. As a family that existed at the beginning of the founding of the country, compared to these emerging families, their foundation is much stronger.

At the beginning, when the oil and financial industries had just developed, they, as monopolists, challenged the William family. The result was no suspense, and they failed miserably. Rockefeller's oil empire was split into 36 companies in the face of an antitrust law. The energy shown by the William family in this made him feel a bit cold. ===== CHAPTER 122 =====