This expansion speed is constantly diluting the Richardson family’s equity in the Montreal Bank, and the Richardson family has long lost absolute control over the Montreal Bank.
Before John Richardson, it had been a long ti since anyone from the Richardson family could attain the position of president at the Montreal Bank.
"Mr. Block is too modest. If it weren’t for your suggestion, we couldn’t have proposed the ’Ho Renovation Loan Guarantee Act’ to Congress. Just this matter alone is enough for us to thank you, Mr. Block!"
Morris Wilson said with a smile.
Just this year, Canada passed the ’Ho Renovation Loan Guarantee Act.’
The Royal Bank of Canada imdiately launched a ho and farm improvent program to respond to policy and et farrs’ borrowing needs for housing renovation.
As for this law, it was previously communicated by Donnie with these bankers in Canada through Bruce Currie, and Donnie reminded them of it.
After the Royal Bank of Canada launched such a loan program, the Montreal Bank closely followed suit.
Donnie said with a smile, "I also hope Canada can have an open banking legislation, which would be beneficial to the Rongi Bank!"
Morris Wilson, John Richardson heard Donnie ntion Rongi Bank, the two exchanged a glance and saw concern in each other’s eyes.
Before the establishnt of Rongi Bank, the two banks maintained good cooperation with Donnie.
Early ABC listing, Rockefeller Family, etc., collectively targeted Donnie, thinking he ran out of money, only for Donnie to secure enough funding in Canada.
And this funding was jointly provided by the Royal Bank of Canada and the Montreal Bank.
Subsequently, Bruce Currie continued his bootlegging business in Canada, even founding the Yunling Vineyard, maintaining a good relationship with these two banks.
But now the situation has changed.
Although Venus Bank did not enter Canada, Rongi Bank and Venus Bank are indistinguishable.
So, they have transford from initial collaborators to current competitors.
Although the West doesn’t have a saying for a dragon crossing the river, they understand its aning.
"Mr. Block, I wonder if you have ti tomorrow, Mr. Richardson and I would like to have a good conversation with you!"
Morris Wilson smiled and inquired with Donnie.
Donnie naturally knew what they were thinking, although Rongi Bank has strong backing, it’s just recently established in Canada.
The relationships Bruce Currie established in Canada can’t compare to these two established banks’ connections in Canada.
"Of course, I’m planning to tour Lake Ontario, and I heard Yunling Vineyard recently obtained two bottles of century-old wine. If you both are willing, we can chat and drink on Lake Ontario!"
Seeing Donnie willing to talk, Mitchell Hepburn and John Richardson both showed slight smiles.
If possible, they certainly wouldn’t want to be enemies with Donnie.
In Canada, they are the leaders in the financial industry, wielding vast power.
But that’s just in Canada.
The United States’ financial policies are relatively more open than Canada’s, so both the Royal Bank of Canada and the Montreal Bank have businesses in the United States.
Also, the share of earnings in the United States is significant.
Coupled with the extrely frequent trade between Canada and the United States.
So, for them, the best approach is to sit down with Donnie and have a discussion.
To see if there’s a possibility for cooperation and to find a sche for mutual...triple benefit.
Many people mistakenly believe that competition ans starting with open confrontations.
But actually, for banks like Venus Bank, Royal Bank of Canada, Montreal Bank.
Their first thought after encountering disputes is to cooperate and find a win-win solution.
Only when cooperation isn’t possible do they genuinely start fighting.
Lately, under Bruce Currie’s introduction, Donnie t so Canadian big figures attending this ball.
Donnie didn’t show arrogance but engaged warmly with these people.
Although in the future, they might beco rivals, that doesn’t hinder the current camaraderie.
When the ball ended, it was already past ten o’clock at night.
Donnie sat in the living room of his room, while a Canadian young girl was bathing in the bedroom bathroom, and Walker sat opposite Donnie.
"The Royal Bank of Canada and the Montreal Bank likely won’t be easy to deal with!"
Walker listened to the sound of water from the bedroom, looking at Donnie with so helplessness.
"You already have so many won, why do you still..."
Donnie disdainfully glanced at Walker: "If Maholi hadn’t followed you to Toronto, and you could still say that, I’d really admire you!"
For Donnie, at this mont, he’s rely pursuing the power in his hand and the woman lying beside him.
In fact, not just Donnie, many people who have similar or even lesser status think the sa.
Walker is saying this now rely because Maholi followed him to Toronto.
Donnie is willing to believe they are still in love, but things can be different.
After all, Maholi is five years older than Walker. When they were newly together, five years was nothing.
But now, after ten years have passed, the five-year gap becos increasingly significant.
Actually, they are quite good, so at their status have already lost interest in won.
Regarding their quirks, Donnie can also understand, given the massive power and wealth they hold.
This causes their pursuit of QY not to be challenging anymore, and they can find any woman they desire.
So when these things can’t pique their interest anymore, they start playing in more extravagant ways!
This is why throughout history, so many upper-class individuals have the so-called penchant for cut sleeves!
But fortunately, Donnie is still very clear on this point!
After so banter, they returned to the main topic.
"My view is that we should try to cooperate with them; Rongi Bank is not suitable to be enemies with them in the early phase!"
Donnie expressed his thoughts.
Walker nodded, then said: "But with our size here, I think even if they don’t want to be our enemies, they will still be very wary of us!"
Donnie also agreed very much with this.
Rongi Bank is backed by Venus Bank, by the Astor Family, and now they’re grandly establishing their bank in Toronto, Canada.
Saying they are just facilitating their business in Canada is unbelievable.
Walker has already expanded his hotel business into Canada!
Like the United States, the market pie is only so big, Venus Bank’s rise involved swallowing countless enterprises to truly develop.
Now, Venus Bank brings its battles to Canada, it is certain to take slices originally belonging to so local Canadian banks.
These pie slices likely include shares of the Royal Bank of Canada and Montreal Bank.
"This is inevitable, but I still think we should first acquire so local Canadian banks, only then can we quickly expand Rongi Bank’s business in Canada!"
Donnie analyzed seriously.
Rongi Bank itself is rely an empty shell; what truly intimidates is their capital backing.
However, capital also requires a process to operate.
If they follow the step-by-step approach to develop their business, it might take a decade before seeing results.
Donnie doesn’t have the ti to wait that long; he wants to settle the Canadian business before chaos erupts in Europe!
Reviews
All reviews (0)