Chapter 184 Chapter 184 makes everyone fall into the frenetic partner bonus pool, a convincing BOSS!

  Just after signing the agreement, Wang Guanxi is planning to have a meeting.

  And Yuan Kang in the distance sneered and said: "Hey, you bought the Wing Lung Investment Bank. It is time to pay me back, one month later, or now?"

  "Return after one month, it will be 300 million Hong Kong dollars in principal, plus 12 million in interest"

  "If it is paid back now, it will be a 20% interest penalty, 4.8 million interest, plus 300 million principal."

  Wang Guanxi glanced at Yuan Kang lightly, and said: "Now it's settled!"

  Yuan Kang felt contempt in Wang Guanxi’s eyes, unhappy in his heart, and said indifferently: "Let’s start now, I’ll wait."

   So Wang Guanxi paid 200 million Hong Kong dollars from the Black Shirt Investment Bank to Yuan Kang, and then he took out 100 million Hong Kong dollars and gave it to Yuan Kang.

   "Are there still 4.8 million in interest?" Yuan Kang looked around and found that the interest had not been paid.

   Then Wang Guanxi paid another 4.8 million in interest.

  No. 2 Fund has just transferred 110 million Hong Kong dollars today, and there is still 4 million Hong Kong dollars left, so Wang Guanxi injected into the black shirt investment bank to maintain daily expenses.

  Yuan Kang left after getting the money. This time he made a profit of 4.8 million, which is not bad.

  Then Wang Guanxi summoned the executives of Heishan Investment Bank.

  Currently, Heishan Investment Bank has eight vice presidents, all of whom are in charge of business.

  Although Wu Zhanhai, Wu Hongsheng, Li Guangyu, and Guan Wenwei lost a lot of money and all lost their own assets, the brokerage business of investment banks was not affected.

   "Meet the boss!"

  Eight vice presidents all stepped forward.

  Respectively Zhang Xiaoqi, Yu Xugang, Tian Shengchun, Lu Zhengxin, Ye Zhiwei, Zhao Mingxun, Liang Jilin, Tan Jiabao.

  Wang Guanxi nodded: “After the eight of you, you will concentrate on the market business at this moment, and at the same time, you have all been appointed as executive directors of the Black Shirt Investment Bank.”

  Wang Guanxi placed these eight people in the same position as Wu Zhanhai, Wu Hongsheng, Li Guangyu, and Guan Wenwei, so that the eight people were equal to the original four bosses.

   Then Wang Guanxi spoke again: "In the future, you may be transferred to other companies as executive directors or chairman of the board."

   "Go ahead!"

  "Yes, BOSS" everyone also learned that lawyer Liu Zhonglun called Wang Guanxi the BOSS.

   Then Wang Guanxi announced: "All the following will enter the conference room, I have something to announce"

  After entering the conference room, Wang Guanxi first rearranged the organizational structure of the Black Shirt Investment Bank and established 15 departments.

  1. Investment Banking Department (IBD for short):

  Many people in the non-financial world confuse investment banking with the investment banking department. In fact, the investment banking department is now only part of the complex business of investment banks, not even the most profitable part.

  Investment Banking Department is mainly responsible for corporate equity financing, debt financing, mergers and acquisitions and restructuring consulting services.

  2. Securities Department (SecDiv for short):

Mainly responsible for trading intermediaries and market makers of investment institutions. The securities department is divided into two major sections according to the trading products, fixed income, currency and commodities, and equity. The securities department is mainly brokerage business, including stocks, futures, and foreign exchange. , Bonds, funds, and other trading securities transactions to provide brokerage services

  3. Proprietary trading department (Proprietarytrading referred to as PT)

  Build a top-level trading team, responsible for operating with the company’s funds.

  4. Investment Management Department (IMD):

  Investment Management Department is a buyer department whose main function is to manage assets for clients, make investments, and set up PE (private equity) and VC (venture capital) groups.

  5. Global Investment Research Department (GIR for short):

  Responsible for researching the investment market for clients and giving research reports, no profit is generated, but directly facing clients, there will be many financial analysts, stock analysts, investment bricks, economists...

  In addition, Heishan Investment Bank has ten middle and back-office departments, which are responsible for providing support and assistance to the front-office departments:

  6. Executive Office (Executive Office), is the secretarial department of executives.

  7 Finance Department (Finance), which manages the company’s own assets.

  8. The Compliance Department (Compliance) is responsible for ensuring that all business activities and employee behavior are legal and compliant.

  9. Human Resources Department (HumanCapitalManagement), manages employee performance, recruitment and other trivial matters.

  10. Internal Audit Department (InternalAudit), responsible for the company's internal financial audit.

  11. The Legal Department (Legal) is responsible for all legal matters both inside and outside the company. For example, being sued is handled by the Legal Department, and the internal meeting and the compliance department are cooperating. Now, the people in the Legal Department are mainly held concurrently by people from the Black Shirt Legal Affairs Company.

  12. Operations, assisting the front office to implement transactions, transfer funds, launch new products, and enter new markets.

  13. Realty Management Department (Realty Management), which is mainly responsible for managing the future global office land of the Black Shirt Investment Bank.

  14. Services Department (Services) is responsible for providing services such as food, clothing, housing and transportation (canteens, travel, medical care, document management).

  15 Technology Department (Technology), responsible for developing the technology platform used by the company, providing technical support and maintenance.

   15 departments have been established, which are aimed at the future layout of the Black Shirt Investment Bank as a major international investment bank.

  Wang Guanxi stood on the high platform, scanned the executives, and said coldly: "Did you understand?"

   "Understood!" everyone said in unison.

  "Very well, I have something to announce next." Wang Guanxi continued to speak: "The company's culture, I set up 15 principles!"

  Black Shirt Investment Bank has 15 business principles:

  1. Customer interests always come first;

  2. The three most important wealth are employees, capital and reputation;

  3. The company’s goal is to bring superior returns to shareholders.

  4. I would rather choose to be the best company than the largest company;

  5. All work emphasizes creativity and imagination;

  6. Identify and recruit the best talents for each job position;

  7. The conditions for employee promotion depend on ability and performance;

  8. Emphasize team spirit and do not tolerate people who place personal interests above the interests of the company and customers;

  9. An important factor in the company’s success is that employees’ dedication to the company and their work and enthusiasm surpass most other organizations;

  10. Regard the size of the company as an asset and maintain it;

  11. Try our best to constantly predict the rapidly changing customer needs, and devote ourselves to developing new services to meet these needs;

  12. Violation of confidentiality principles or improper or reckless use of confidential information is unforgivable;

  13. Actively seek to expand the relationship with customers, but firmly uphold the principle of fair competition, and will never slander competitors;

  14. Integrity and integrity are the foundation of business.

  15 Treat anyone with an optimistic, positive and friendly attitude.

  After finishing these fifteen items, Wang Guanxi asked loudly: "Is there anything I can't do?"

"No!"

"No!"

  Everyone feels that the boss is asking too much, but the boss is not like the kind of joking person at all.

  Wang Guanxi looked at everyone and reminded: "The future compliance department will be supervised by the human resources department, and some employees will be eliminated."

   "The Black Shirt Investment Bank has many requirements, but the salary will also be high. Soon the company's salary will be raised, higher than the industry level, work hard!"

   "Do you understand?" Wang Guanxi asked, looking down at the crowd.

   "Understood!" Everyone said in unison again.

  Wang Guanxi looked at everyone like this, very satisfied.

  Tonight, I bought the Wing Lung Investment Bank with a cabbage price of 1.2 million Hong Kong dollars. The client's assets are 20 billion Hong Kong dollars. It belongs to the Securities Investment Department. The net income in one year is at least 50 million Hong Kong dollars.

  But Wang Guanxi believes that customer assets will increase in the future, customer transactions will also increase, and net income will also increase. Now it is just a poor expansion.

  Especially the proprietary trading department, which is very much in need of money, so it will not operate for the time being.

  In the future, Wang Guanxi will inject capital specifically, and personally direct the proprietary trading of the Black Shirt Investment Bank, and then let a dedicated trading team execute it.

  Wang Guanxi’s plan is to build the Black Shirt Investment Bank into a Goldman Sachs Investment Bank!

  Goldman Sachs is a well-known investment bank on Wall Street in the United States. Its strength is strong. It is a powerful empire of Goldman Sachs.

  The black shirt investment bank will become famous in the future, even surpassing the Goldman Sachs empire.

  Thinking of this, Wang Guanxi was full of expectations.

  With the increase of wealth and the expansion of the scale of assets, there will be more and more capable horses under him. These people can come from all over the world!

  After these capable horses leave the company, they can serve as government consultants, or even go to politics!

  Retired politicians from the government can also serve as independent directors of their subsidiaries.

  In the future, there will be many listed companies under the Heishan Group. If you participate in listed companies, there will be a lot of them. You can set directors in the listed company.

  This is totally feasible, this is a chain of interests.

  The capable CEO of the Goldman Sachs empire resigned, sold Goldman Sachs’ stock, and nominally cleared the relationship with Goldman Sachs, and then smoothly became the Secretary of the US Treasury.

  Hank Paulson was the Secretary of the U.S. Department of the Treasury from 2006 to 2009. He was a partner of Goldman Sachs in 1982.

  Robert Rubin was Secretary of the Treasury from 1995 to 1999. He was one of the two chairman of Goldman Sachs from 1990 to 1992.

  ··

  Black Shirt Investment Bank will have many outstanding employees in the future.

  However, Wang Guanxi’s investment bank will not be listed. Unless some special companies must be listed, other companies will never be listed.

  Heishan Investment Bank, Heishan Insurance Company will be the two core enterprises of the Heishan Consortium in the future, and will be the most profitable.

  The horses also need to obtain benefits to work hard. Wang Guanxi also intends to adopt the partnership model and set up a partner bonus pool to reward outstanding employees.

  Then Wang Guanxi said to everyone: “Heishan Investment Bank adopts the partner system. Under the board of directors, a partner meeting will be established.”

   "Of course, the partner system of the Black Shirt Investment Bank is not a general partner system. Becoming a partner of the Black Shirt Investment Bank, you will get a huge bonus that you can't imagine!"

  When everyone heard the huge bonus, their eyes suddenly appeared.

Wang Guanxi continued: "The Black Shirt Investment Bank will take out, in addition to the proprietary trading department, that is to say, take out the securities department, investment banking department, investment management department of the highest 40% of the annual net profit, and put it into the company establishment. In the partner bonus pool, every partner of the Black Shirt Investment Bank will receive a huge bonus!"

  Wang Guanxi took out the securities department, investment banking department, and investment management department to put up to 40% of the net profits of the three departments into the company’s partner bonus pool, in order to motivate these people to work hard.

  The proprietary trading department, which is a very special department, will be independent of the Black Shirt Investment Bank in the future.

  Of course, it also belongs to the Black Shirt Investment Bank, which is a very special department and a very mysterious department.

  If traders themselves make a lot of money through the company’s capital transactions, they will get a profit share, the highest income, the most mysterious department.

  Recruit and train very good people!

  When everyone listened to the partner system, and put 40% of the net profits of the three departments into the partner bonus pool, they were suddenly boiled, extremely excited, and their eyes gleamed!

  If the annual income of the three departments is hundreds of millions, billions, or tens of billions, then the bonuses of the partners are too high!

   is too tempting.

  At this time, Wang Guanxi said again: “Every employee present has the opportunity to become a partner of the Black Shirt Investment Bank!”

  "The partner of the Black Shirt Investment Bank is one in a hundred. If the company has 5,000 employees, it will have 50 partners.

  If the company has 10,000 employees, it will have 100 partners, and the maximum is 500 partners! "

  "In other words, the Black Shirt Investment Bank will have up to 500 partners in the future"

  "These partners will receive a bonus of 40% of the net profits of the securities department, investment banking department, and investment management department every year!"

  With such a partner system and huge bonuses, everyone aspires to become a partner.

  A partner system like this can bring together the most talented and most mobile industry elites to form a unique, stable and effective management structure, which is exactly what Wang Guanxi needs.

  In the future, Wang Guanxi will gather a large number of outstanding talents. After these partners leave, they can also support them to enter politics.

   Cool and crooked layout.

  To be honest, the securities department, investment banking department, and investment management department do not necessarily have a proprietary trading department to make money. The proprietary trading department is Wang Guanxi's most favored department.

  However, the profits of the Securities Department, Investment Banking Department, and Investment Management Department are also extremely high.

  Wang Guanxi Ken took up to 40% of the net profit of these three departments and distributed it to the partners of the company. Under this system, everyone really aspires to become a partner and is proud of it.

  And the partners will also monitor each other, if you do not do well, it will affect everyone's overall income.

  Partners not only increase their salaries, they also have huge bonuses and huge powers!

  Everyone is excited, Zhang Xiaoqi, Yu Xugang, Tian Shengchun, Lu Zhengxin, Ye Zhiwei, Zhao Mingxun, Liang Jilin, and Tan Jiabao are all excited, extremely excited, and their eyes are full of fighting spirit.

   Wu Zhanhai, Wu Hongsheng, Li Guangyu, and Guan Wenwei are also looking very hot!

  They all know how powerful Wang Guanxi is and how talented Wang Guanxi is. They know very well that the scale of the future Heishan Investment Bank will also be very huge. With Wang Guanxi, they will also become bigwigs.

  They may not be good at investing, but doing business is definitely a leverage!

  The four also showed expressions of expectation.

  Following such a boss is really fortunate for Sansheng.

  At this time, Wang Guanxi said: “Partners update one-fourth or one-third every two years. Come on, everyone.”

  "There is no partner yet, I hope more and more partners will emerge from you"

   "Yes, BOSS" Wu Zhanhai, Wu Hongsheng, Li Guangyu and Guan Wenwei shouted.

Seeing everyone so excited, Wang Guanxi came up with another restriction and said: "If the company needs to expand the company and allocate various assets during the expansion period, such as the board of directors, then the securities department, investment banking department, investment management The net profit of the department is first used to expand the company, and 40% of the remaining profit is then divided. Do you understand?"

  In this way, the share of partners will also be subject to the resolution of the board of directors, which will play a supervisory role to prevent partners from giving up the long-term interests of the company in order to share.

  When it's time to expand, expand.

  The proprietary trading department of Heishan Investment Bank is independent of this. In Wang Guanxi's eyes, the proprietary trading department can make a lot of money under his command.

  Of course, the great traders in the proprietary trading department, if they make a lot of money with the funds provided by the company, they may get a high share!

  In many investment banks, the best annual salary is not the president, but the traders.

  For example, Goldman Sachs, the president of the annual salary of tens of millions of dollars, and a trader made 1 billion US dollars by operating the company's funds, he himself divided into 150 million US dollars, this is very normal.

  However, the self-employed department has not yet run, because Wang Guanxi still has no money to mobilize.

  At this time, everyone said in unison: "Understand the boss!"

  Wang Guanxi nodded and said: "Very good, work hard, and strive to become a partner of the company. In the future, I will let the Heishan Investment Bank expand very quickly, and I will need a lot of partners by then."

  Everyone fell into a frenzy again.

  Every partner will be approved by the partner review committee and Wang Guanxi.

  You must know that there is no one partner at the moment. Although Wang Guanxi said that the maximum number of partners is 500, but in fact there are not many. In short, pick one in a hundred, and one in a few hundred.

  Moreover, there is a partner review committee and a board of directors above the partners.

  Especially the annual share of partners will be restricted by the board of directors. The members of the board of directors are not necessarily all partners, and there are independent directors, that is, non-executive directors.

  You can let other financial institutions, or the resigned deputy governor of the central bank, or the resigned official of the Ministry of Finance.

  So the board of directors will not consist entirely of partners.

  The annual revenue of the Securities Department, Investment Banking Department, and Investment Management Department will be used to pay employee salaries, bonuses, and various company expenses, as well as participate in company expansion and purchase various assets.

  The remaining net profit, and then take out 40%, to share with the partners.

  Currently, the self-operated assets of the Black Shirt Investment Bank are almost 0, and the client assets are 20 billion Hong Kong dollars.

  It depends on how hard these potential partners work.

  Of course, Wang Guanxi will set up a proprietary trading department in the future to inject capital to short US banks.

  In the future, we will short U.S. Treasury bonds, and the profits will be higher at that time, and the Black Shirt Investment Bank will expand very quickly.

  It is not so easy to be a partner of the Black Shirt Investment Bank, but the talent that can become a partner must be the top talent among the talents.

  Wang Guanxi needs to gather a large number of talents, and he controls everything behind the scenes.

  Now is the time to make money, Wang Guanxi is still short of money.

  It was very late after the meeting. After some things were arranged, Wang Guanxi returned home.

  Take a bath happily, he opened up the shares of Lehman Brothers, which is rising.

  It’s not time to go short, but it’s too soon. Wang Guanxi intends to mobilize funds from the Black Shirt Insurance Company to short Lehman Brothers.

  (End of this chapter)