So, can Standard Chartered Bank lose the right to issue Hong Kong dollars?
Obviously, the answer is no!
The reason is obvious. The business of Standard Chartered Bank Group depends on the British overseas market, accounting for as much as 90%, and the Xiangjiang market is the top priority of this 90%.
Standard Chartered Bank has held the right to issue Hong Kong dollar notes in Xiangjiang for more than 100 years, and the tangible and intangible benefits are countless.
Simply pick a few side effects as examples. Once Standard Chartered Bank loses its Hong Kong dollar note issuing right in Xiangjiang, it will lose an important and special advertising opportunity. It is suspected by the outside world that its strength will inevitably plummet.
Originally, in the Xiangjiang market, Koch Bank Group pushed Standard Chartered Bank Group behind and competed with Huifeng bank group. If Standard Chartered Bank Group breaks down first, it is very likely that Koch bank group and Huifeng Bank Group will turn around tacitly and swallow the market gap vacated by Standard Chartered Bank Group first.
Anthony barber and Michael McWilliam did not show their seniority in front of Qiu deba and Bao Yugang and stressed that they knew the situation of Standard Chartered Bank Group best and should listen to their decisions. Naturally, they knew the stakes like the back of their hands.
After his face changed for a while, Anthony barber finally lost. The board of directors came here first, understood the new situation of Xiangjiang as soon as possible, and then opened the board of directors.
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Xiangjiang's topic on whether the Hong Kong dollar note issuing right should only be held by local banks is indeed very enthusiastic, ranking first in the media reports, which has something to do with the logic Gao Xian is trying to convey.
In vernacular, Xiangjiang has entered a transitional period and will have to manage itself in the future. We should make plans early on how to live a long-term and stable life.
No one can deny the potential threat to the financial stability of Xiangjiang caused by the malicious acquisition of Standard Chartered Bank Group, which holds the right to issue Hong Kong dollars. Since it has been put in front of the public, we should face it squarely and plug the loophole as soon as possible.
The surface resistance in the actual operation process is not large. Among the three note issuing banks in Xiangjiang, Huifeng bank and Yili bank are headquartered in Xiangjiang, and only Standard Chartered Bank is headquartered in London.
From the perspective of Standard Chartered Bank, the difficulty of solving the problem can be ignored, so that the outside world can help think out the solution at the first time, adjust the group structure, register a bank holding company, and then formally establish standard chartered Xiangjiang bank to hold the Hong Kong dollar note issuing right. It is basically in line with the legal principle. Who will continue to be serious. After all, the strength of Standard Chartered Bank Group is not weak. Xiangjiang doesn't have to refuse people thousands of miles away.
Traffic is not just emerging in the Internet age. At most, there are differences in cognition and address.
In Xiangjiang during the transition period, a routine for ghost men to dig holes is to select the performers to get the so-called support, help them to the top and act as agents.
Whether the Hong Kong dollar note issuing right should only be a topic held by local banks, the flow generated is sufficient, and does not touch the fundamental interests. Therefore, whoever rushes to the front and gets attention can earn both fame and wealth.
Therefore, both those who sincerely hope for the long-term and stable development of Xiangjiang and the sand mixed in are on the side that only local banks can hold the right to issue Hong Kong dollars. Even the result of the debate in the Legislative Council is the same. Even the Executive Committee of Xiangjiang banking association mentioned this topic at its regular working meeting.
Following the outbreak of the Xiangjiang banking crisis and the Hong Kong dollar crisis in 1983, Yili bank assumed the post of chairman of the Xiangjiang Banking Association for the first time. This year, it is Yili bank's turn to assume this post for the second time.
During his term of office in 1983, the chairman of the Xiangjiang Banking Association focused on stabilizing the Xiangjiang banking industry; During this year's term of office, the focus of the chairman of Xiangjiang banking association is to further deepen the development of Xiangjiang yen offshore financial center, which is less life and death.
Specifically, a complete set of provisions on the construction of the yen offshore market over there has been officially published. Banks are actively striving for business licenses for fear of falling the dividend of yen appreciation. Favorable banks have successfully promoted the expansion of the Executive Committee of Xiangjiang Banking Association and brought in the Bank of Tokyo, the most important foreign exchange bank at present.
This operation can be described as a matter of course. They all hope to take a share from a magnificent economic development. How can they not give others a matching position? Even American banks are more keen on this fascinating routine, and even raise their feet to agree.
The topic of "only local banks can hold the right to issue Hong Kong dollar notes" was mentioned at the regular working meeting of the Executive Committee of Xiangjiang Banking Association. In fact, it appeared in a relaxed atmosphere. It is a joke, and it is not difficult to understand. Once Standard Chartered Xiangjiang bank is officially established, the senior executives on Xiangjiang side will certainly undergo a wave of upgrading, such as vice president to President.
Scum beaters don't dislike such jokes. They think it's harmless. Even of course, Xiangjiang's contribution is so great. Shouldn't it be better to improve their treatment?
However, Huifeng's feeling is not so comfortable in this wave of social hot spots in Xiangjiang, where everyone gets what they need, Hello, hello and everyone.
Originally, Huifeng Daban puweishi even set up his small bench and melon seeds, waiting to enjoy the palace fight drama of Standard Chartered Bank Group, and watched the white warrior supported by Gao's Bank Group come to a disheartened end. How can the painting style change and turn to improving the management system of Xiangjiang banking industry, and only local banks can hold the right to issue Hong Kong dollars?
If this trend continues, Qiu deba and Bao Yugang will be able to gain a firm foothold in the Standard Chartered Bank Group through Standard Chartered Xiangjiang bank, and then the Gao bank group behind them will not spend their loan money in vain.
As for the new regulations on the management of Xiangjiang banking industry, which only local banks can hold the right to issue Hong Kong dollars, the impact on Huifeng's secret plan to withdraw from Xiangjiang is not great, but it is disgusting, which is easy to expose Huifeng's intentions early.
After observing the situation, Pu Weishi saw that it was inevitable that the new regulation "only local banks can hold the Hong Kong dollar note issuing right" was introduced. He and his senior staff figured out another move, "it is not perfect that only local banks can hold the Hong Kong dollar note issuing right. We should add another one. Note issuing banks have the background of Listed Companies in order to accept public supervision and stabilize Xiangjiang finance.
Obviously, who is the perfect clause proposed by Huifeng faction.
Among the three note issuing banks in Xiangjiang, no matter where Huifeng and Standard Chartered's shares are listed, they all have the background of public listed companies, with the exception of favorable banks.
Gao Xian couldn't help laughing after receiving the latest news.
It seems that this stick not only hurt Standard Chartered, but also touched Huifeng's nerves.