＜ German Investment Corporation. (2) >
“Are you the socialite of the Frankfurt financial community?”
It is a famous city in the German financial industry.
The city of Hessen is responsible for the German economy. As the economic capital of Frankfurt, numerous banks were located, and the stock exchange was actively traded.
Yalmach Shacht invited me to a meeting of the German Banking Association (vereins) in Frankfurt when I wanted to meet Kylian Steiner.
“German banks are often of the form of associations (vereins). Kilijan Steiner was also the president of the Association Bank of Württemberg.”
“Are you coming to this association’s social hall?”
“Yeah, he’s retired, but his influence on the German financial world is beyond imagining. In fact, he’s one of the fathers who laid the foundations for German finance.”
German financial giant.
I knew Kilijan Steiner well too. In fact, there’s not much to talk about in the German financial world without the financial giants like Kylian and Gustav Miller.
The financial world was also held tightly by Jews.
“The Württemberg Association Bank is the largest bank in the state of Württemberg. There is also a central bank in the canton of Württemberg, which Kilijan Steiner helped establish.”
“It’s amazing.”
“Didn’t I tell you? There’s very little we can say without him in the German financial world.”
a little bit different.
Kylian Steiner. Association Bank of Württemberg.
These ‘two’ had a tight grip on the German financial world.
First, Deutsche Bank.
“The Württemberg Association Bank was involved in the founding of Deutsche Bank. It was one of the earliest founding institutions.”
The Württemberg Association Bank later merged with Deutsche Bank.
Since it was the bank that controlled Stuttgart, Württemberg and was a key bank in Württemberg, the merger with Deutsche Bank, which controlled Berlin, was effective.
Deutsche Bank acquired Stuttgart’s financial community with this merger.
But it’s not the only one.
“The Württemberg Association Bank established the Deutsche Association Bank of Württemberg and the Deutsche Currency Exchange Bank, which are now key members of the Dresdner Bank consortium.”
Two banks established by the Württemberg Association Bank.
Deutsche Association Bank.
Deutsche Currency Exchange Bank.
These two are key members of the Dresdner Bank Consortium. In fact, it is safe to say that the Dresdner Bank is dominated by the Württemberg Association Bank.
“And now Dresdnerbank is the largest bank in the German Empire.”
“Is that so?”
“Yes, otherwise, how could we have participated in the nationalization of Krupp with Reichsbank. It is still bigger than Deutsche Bank.”
Shacht spread his shoulders proudly.
“That’s great.”
Dresdner Bank was bigger at this point.
Even now, although Deutsche Bank is rapidly emerging, a full-scale large-scale M&A has not yet taken place. was dispersed
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On the other hand, Dresdner Bank was the largest bank in Germany, operating 27 branches across Germany with centralization.
“Yeah, I feel like Kylian.”
“Yes, but Gustav Miller is more involved in Deutsche Bank than Kylian. After all, it belongs to the Württemberg Association Bank.”
The canton of Württemberg is very dominant.
At this point, it is difficult to understand why Frankfurt (Hesse) is the economic capital rather than Stuttgart (Württemberg).
Stuttgart is the capital of Württemberg.
“The BASF is owned by Kylian.”
“Yes.”
During this period, most of the German companies were usually owned by their founders.
It was also about 40 years after the full-fledged modern banking business began. During the Bismarck period, it was not long before many companies were established or exploded.
The founders were alive.
“Killian is participating as a major shareholder, and he is in control of the German financial industry. Probably, if you persuade Kilian well, BASF can be obtained.”
“This, I feel like I want to buy the Württemberg Association Bank.”
“Haha, that’s impossible.”
Yalmach Shacht burst out laughing.
“Why would the Württemberg ‘Association’ Bank be a ‘Association’ bank? It is a bank established for the independent economic sphere of Württemberg. Besides, Deutsche Bank once expressed its intention to merge once before, but it was rejected by the former president, Kylian. .”
“Ah, the central bank in Württemberg?”
“Yes, it was also established to form an independent economic bloc in Prussia. So it is still operating separately from the Reichsbank (Prussian Central Bank).”
independent economy.
I really don’t understand Since the German Empire itself was the form in which Prussia unified the German Empire, there was room for Württemberg to feel like an aggressor.
As Prussia kept trying to swallow them up, the defense mechanism was such economic independence.
Deutsche Bank is one of the largest banks in Berlin.
The fact that the Württemberg Association Bank, a large bank in Württemberg, was eaten…
‘Isn’t it all I can say that Prussia devoured the state of Württemberg?’
“I can see why Kylian-sama is so stubbornly refusing.”
“Yes, even if Kylian or the Württemberg Association Bank participated in Deutsche Bank, the stake is not very large. The Berlin bankers have swept them all.”
Commander Kylian.
It was said that he was a banker who had established his bases in Württemberg and Frankfurt.
“It’s interesting.”
The history of the German Empire was the history of German banks.
Even in modern Germany, decentralization was firmly established and local small and medium-sized enterprises (SMEs) had a solid foundation.
The independence and will of each state is stronger than expected.
– Rumble.
Yalmach Shacht opened the car door.
Dresdner’s headquarters were in Frankfurt. I was already in Frankfurt, so it wasn’t too far from the social hall.
Dozens of guards guarding the members of the Dresdner Bank stood guarding the entrance to the Dresdner Bank.
“Shall we take you to the hotel first?”
The inside of the car that Yalmach Shacht opened was already accompanied by a driver.
He waved his hand to me.
“I’ll see you later in the social hall.”
“Yeah, it was a good time.”
rumble.
I got into the car.
“Chairman of Detroit.”
“Yes.”
Shacht called me.
“It will not be easy for Kallian. I will arrange a seat for you, but… he knows everything about the German financial world. He needs nothing more.”
“okay.”
“…”
Yalmach Shacht looked at me with a tense expression.
“But it’s the same with me.”
I smiled brightly.
***
Frankfurt.
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One of the two cities where banks from all over Germany congregate. Known as the economic capital of Germany, it is the largest city located in the state of Hessen in western Germany.
The Frankfurt Stock Exchange was a competitive stock exchange competing for the top spot with the Berlin Stock Exchange.
So much.
Almost all of the big names in the German economy attend banking meetings. The dignitaries of the Prussian government. It was a large social gathering place, attended by members of the German Parliament, including Junkers of the Prussian Senate.
“You’re here.”
Yalmach Shacht came first and was waiting for me. I was a little scared because it was full of men with bad impressions from the German Empire, but it was nice to see Yalmach, who was familiar with it.
I smiled and waved my hand.
“Killian-sama?”
“You haven’t entered yet. Killian-nim is also an old man now, so he’s not in good shape, so he’ll stop by for a while.”
Yalmach gestured me to the inside of the social hall.
“But don’t worry. I’ve made a contract with Killian, so the negotiation will be easy.”
Following Yalmach Shacht, we were guided into the social hall, and then hidden rooms appeared.
There were already some passengers in the room.
“Well….”
I looked around the hallway where the rooms were lined up.
There were quite a few people standing in the hallway, and their eyes were focused on me.
Yalmach Shacht whispered to me.
“It’s probably because you’re young, so you’re looking at me. Unless you’re a high-level banker, most people don’t even know the chairman’s face.”
“ah.”
My existence is heterogeneous.
The beards are thick and thick, and there are a lot of big boys the size of houses, so it would look strange if I was just an adult mixed in.
This, I can’t grow a beard.
‘Doesn’t this look comfy?’
The worry passed by for a moment, but it was quickly dismissed. What do you do when the centipedes look happy?
I am the President of the German Investment Corporation and the Chairman of the Federal Reserve of the United States.
just grab hold of it Simple.
At that time, there was a lot of noise.
Yelmach, who had suddenly disappeared, was approaching an old man escorting him from a noisy place.
The old man was holding a cane, but his eyes were so severe that if he did it wrong, he seemed to be cut off.
‘Are you more distracted than that?’
Because Germans are physically a scam. While I was muttering, the old man was approaching me before I knew it.
“Are you Detroit Morgan?”
The old man muttered without hesitation. His stern eyes were forcing me to answer.
“Yes.”
“Okay. Nice to meet you. I’ve heard a lot from Kochna Shacht.”
thump.
His strong hand grabbed my hand and waved it a few times. The action was rude, but not unpleasant.
“I am Kylian.”
It felt like I had finally met the final boss.
***
“It’s because I’m old. I’m losing my patience these days.”
A room in the principal’s office.
The negotiating table with Kylian.
I always open a Coke bottle and pour it into a glass. Kylian didn’t say much when I poured Coke.
“You’re old. You still look correct.”
I said and regretted it a little.
Even in the 21st century, people in their 70s are an old man, but there is a lot of confusion about whether it is right to say that it is correct.
But what it looked like was real.
His hair was a bit empty, but he had a great appearance and looked like a solid person.
‘…You look healthier than me.’
“Thank you for the words.”
Kylian smiled blankly and grabbed a cup of coffee. Yalmach sat next to him and stiffened.
In fact, from the perspective of Yalmach, Kylian was a distant senior at the level of the founder of the Modern Bank of Germany, so there is nothing he can do about it.
The overall atmosphere was a bit stiff.
“Does the German Investment Corporation want to acquire BASF?”
Kylian asked, sipping a cup of coffee without even looking at me. I hesitated for a second as to what to answer for a moment, then shook my head.
“I want to do a mutual share exchange, not an acquisition.”
“Since it is a mutual equity exchange, do you want to pursue a merger if this is possible?”
“you’re right.”
“In that case, the global market share would be calculated to be around 60%. It is a German dye monopoly company. Not bad.”
widely.
Kylian put down her coffee mug. instinctively noticed. That this is a kind of switch that he has entered into a full-fledged negotiation.
I woke up.
“Recently, a little boy from Bayer has been running around the social world and talking a lot about you. Did you know?”
“Yes, I knew.”
“is it.”
He nodded once.
Kylian’s face was expressionless, making it difficult to read. An expressionless person is the most difficult person to negotiate with. I don’t know what you’re thinking
Callian, expressionless, tapped the calculator in his head and opened his mouth again.
“Then you’re saying that Hoechst and Casella are discussing a merger under the water as well as your intentions.”
‘Have those two already entered into negotiations?’
It’s not for nothing that the German financial giants are.
Just by listening to a few words of information about the flow of the market, he pointed to the core. The information that entered his ears was only high-quality information.
It’s fun.
There was no point in hiding it. It won’t be hidden.
“Yes, that’s right.”
“I’m proud of it, and I have the guts.”
“Hiding it didn’t seem to make any sense. As you said, I tied the two together as part of a mutual exchange with BASF.”
“It kind of seemed like it. I’ve heard some rumors about you. You say you’re flying. Interesting.”
‘……rumor?’
I tilted my head inwardly.
What did Kylian hear about me? If so, from whom did you hear it?
I wondered.
But even if I asked, it didn’t seem like they would tell me anything.
Because information is life.
‘It’s after all investigations have already been completed.’
I calmed my eyes.
As I investigated him.
He also investigated me.
‘Negotiation may become difficult.’
I raised the tension in my heart.
In fact, it’s normal. In the end, negotiation is a battle of brains and a war of the tongues of the world in which victory or defeat is determined by the gap and utilization of information. But most importantly, how much information do you know in advance?
It was the realm of networking, experience, and effort.
Killian brushed his beard.
“If I make a decision to merge, will I start the process right away?”
“We, Germany Investment Corporation, have commissioned Dresdnerbank as the host. President Yalmach has good skills. It will proceed quickly and accurately.”
“Yeah, if it’s Yalmah, you can trust it.”
Yalmach Shacht, who was sitting next to him, shuddered.
Killian smiled and nodded.
Then, with an expressionless face, he spit out a bombshell. Naturally, as if they had planned this from the beginning.
“Then let’s push forward the merger.”
yet.
Even five minutes had passed since the negotiation started.
＜ German Investment Corporation. (2) > end
