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Text Chapter 3025 The jealous Citi

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    If you are rich in the mountains, people will know you; if you are poor in the city, no one will know you.  A person in Xiao Qi's position will still have a lot of entertainment no matter how low-key he is.  For example, tonight, Citibank CEO Jabil hosted a banquet for Xiao Qi.  Citibank is one of the most important partners of Fairy Company, and many senior officials from Jabil are friendly with Xiao Qi, so they have to give this face.  Since Jip knew that Tang Mingxiang and little Taylor were pregnant, he did not organize a dinner for the two families. Instead, he took Wade with him and invited Xiao Qi to dinner.  When Xiao Qi first met Wade, he was just the deputy director of the asset management department of Citibank New York Branch. Now he has become the president of the New York Branch, and is one step away from entering the head office.  Of course, when Wade was chatting with Xiao Qi, he mentioned that he actually preferred to be the president of the New York branch, because it was easy and powerful here, and New York was the most prosperous city in the world, so it became Citibank.  The most important branch, so he is equally valued.  It¡¯s just that Jabil needs Wade to go to the head office to help him stabilize the country he finally built.  After some thought and weighing the pros and cons, Wade agreed to Jabil. If nothing unexpected happened, his replacement in the future should be Bao Lijie, the president of the Japanese branch, who is still an old friend of Xiao Qi.  The place where Jabil invites you to eat is a three-star Michelin restaurant, which requires a reservation.  In order to worry about others taking photos, Jabil also booked a private room so that no one would disturb us.  Xiao Qi has never been willing to expose himself in the media, and is good at using WeChat, Weibo, Titter and even fae waves to confuse the public, so now few people know which photo is Xiao Qi¡¯s true face.  There are many media outlets claiming that they bought Xiao Qi¡¯s photos at a large price, but in the end they were all proven to be false.  Xiao Qi will naturally not tell others that he came up with this method of confusing the public. It makes everyone visually tired and makes those who broke the news unable to prove it even if they can capture the truth.  But this kind of mystery makes many people think Xiao Qi is cool, and his popularity is getting higher and higher.  Jip invited Xiao Qi to dinner, partly to bond with him, but also because he had something to do to see Xiao Qi.  Eating the tender veal steak, Jip couldn't help but said to Xiao Qi: "Qi Shao, logically we are all friends. You also know that Citibank has been having a hard time in recent years. Why do you think Fae Bo OK wants an IPO?"  IPO, Ms. Tang has never chosen Citibank to underwrite the issuance? Even if it is to join forces with Goldman Sachs!" Xiao Qi shook his head and smiled, "It's not like you don't know that Xiangxiang never cares about fae waves.  When fae bought stocks, he made a guarantee with Zuckerberg. "But can you suggest it to the head office? Our conditions are not much worse than Goldman Sachs. Besides, if they are worse, we can talk about it."  He sighed, "It's okay now. It's said that Zuckerberg confirmed with Goldman Sachs last night that they would be the sole underwriter. Goldman Sachs took a bite of the fat." "Yes, the entire underwriting can be given to Goldman Sachs.  It will bring at least 5 billion U.S. dollars in direct income. If it works well, they will also have some additional derivative income. The benefits are really countless." Wade also supported, "Oh, Citigroup is also lacking such a good business to raise money.  "Build up your confidence." "Don't complain there. In the first three quarters of this year, Citigroup's operating income ranked third in the global banking industry, right? Its net income was much higher than last year." Xiao Qi said with a smile.  "If you all haven't come out of the cold winter, how many banks are still struggling on the line of life and death?" "It's just better than last year. Five years ago, this level would have been far worse." Jabil shook his head  He said, "Although I am in this position now, I would really rather live the life I had five years ago." Five years ago, the national debt crisis had not yet broken out, and the subprime mortgage crisis had not broken out either. Citigroup, Merrill Lynch,  Investment banks such as Bear Stearns have made huge amounts of money through various financial derivatives. Their annual salaries and bonuses are simply too much to spend, so life is certainly easy.  "It's a pity that not so many fools are fooled anymore. Several investment banks have collapsed, and there are also people who are doing things with their tail between their legs. They still have half of the prestige they once had."  Xiao Qi learned from Tang Mingxiang that Citibank did come to her many times this time when faebo OK's IPO was listed. However, after Tang Mingxiang asked Zuckerberg, she conveyed that Zuckerberg did not consider Citibank.  opinion, and then she said nothing.  Tang Mingxiang is a smart person. Unless it is the business of Xiao Qi or her sisters at home, she will not go against Zuckerberg. Citigroup does not have the qualifications for her to actively fight for it.Of course Citi cannot blame Tang Mingxiang. They all know what Xiao Qi said, and most of the capital turnover of Tang Mingxiang's business is in Citibank. This gives them a lot of face, and they can't ask for more money.  many.  "Qi Shao, you have so many industries under your control, but you have never thought of listing one of them in the United States?" Wade asked with a smile, "We have agreed that these companies should be exclusively underwritten by Citibank at best, and at most only  Allow one or two to join in! "With the relationship between Citibank and Fairy Company, and the relationship between Xiao Qi and their senior executives, although Wade said it a bit frivolously, it was not that excessive.  If a subsidiary of Fairy Company were to be listed in the United States, others would be surprised if Xiao Qi did not choose Citibank.  After so many years of cooperation, as long as Xiao Qi does not touch those financial derivatives, the relationship between Fairy Company and Citibank will remain strong.  "I haven't thought about it yet." Xiao Qi told them directly.  "Uber hasn't considered it, either?" Jabil said with a smile while holding a glass of wine.  Xiao Qi smiled, "Uber will definitely be listed, but not now. But if it is to be listed, I think with its size, Citibank will not be able to take it. I am going to bring in Credit Suisse First Boston Bank. You two  Jabil and Wade agree with this point.  Uber has long been hailed as the second company that may be like faebook, with a valuation exceeding 100 billion U.S. dollars before going public. Only giants like Goldman Sachs can swallow up such a large company in one go. Citigroup is still far behind.  A little bit.  But they also heard another meaning in Xiao Qi¡¯s words.  "Qi Shao, do you mean that if the scale is not that big, Citibank can operate it alone?" Wade asked with interest.  "Of course." Xiao Qi muttered: "What do you think of DreamDrive?" "Really!?" Wade was overjoyed, "Are you really willing to use DreamDrive to be listed on the IPO?" Xiao Qi smiled and nodded.  nodded.  This time, even Jabil was delighted.  dreamdhve is the first company to do cloud storage. For now, although Google, Microsoft, Amazon, Apple, and App Store have all started to engage in cloud storage, dreamdhve relies on its own preemptive advantage, coupled with Xiao  The correct planning steps given by Qi still control more than 62% of the cloud storage share in North America.  Considering that its opponents are so powerful, it is really remarkable that DreamDve can achieve today's results.  And because DreamDive is so good, its current valuation has reached 13 billion US dollars, which may not seem high, but for a company with simple functions, it is already a great achievement.  Moreover, the current valuation of US$13 billion is only a very general valuation. Once it is handed over to Citibank for operation, I dare not say anything else. If the IPO is listed in a year, it will be valued at at least US$30 billion, and then through various  Due to this kind of hype, DreamDve's post-IPO market value has been stabilized at US$50 billion, which is not a big problem.  Citibank has the confidence.  Because they had conducted a detailed investigation into DreamDve, Xiao Qi only invested 500 million US dollars in them, but they started to make profits half a year later. Until now, the monthly operating income has exceeded 2  100 million U.S. dollars, with a net profit of more than 80 million U.S. dollars.  Based on the IPO¡¯s minimum price-to-earnings ratio of 10-15 times, DreamDive should also have such a valuation.  What¡¯s more, its various functions and services are constantly being improved. No matter how good other companies are in other fields, in the field of cloud storage space, Dreamdve is still the most powerful.  If Citibank operates well, it will have a net profit of at least US$3 billion.  Money is nothing. After listing Dream Day Veipo, they can gain Xiao Qi's appreciation and get more and bigger cakes from Fairy Company's other IPO listings. This is the result they want most.  !  You know, Xiao Qi has more than one or two good companies. If they were all listed, there would be at least 10 or more.  ??And these companies are not bad companies making money, they are very top companies in their respective fields.  If all of them can be listed in the United States, American investors will undoubtedly enjoy a wealth sharing feast.  "It's a pity that neither Jabil nor Wade have any illusions about this.  It is possible that one or two of them will be put on the market. Do you think Xiao Qi's "stingy" and "selfish" comments are false?  (To be continued.)
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