Chapter 677 Shadow Cabinet
After completing the acquisition of Barclays Global Investors (BGI), BGI’s business will be integrated into Merrill Lynch Investments, the asset management arm of Standard Chartered-Merrill Lynch Group.
However, BGI’s ETF fund iShare will remain intact, and Merrill Lynch will use this to increase its investment in ETFs.
In this way, the assets managed by Standard Chartered-Merrill Lynch will exceed US$2.5 trillion, making it one of the largest asset management companies in the world.
“We are very optimistic about the future development of ETF funds, and after the subprime mortgage crisis, the global economic recession will pass sooner or later, which will not affect our investment strategy.”
In an interview, Davis, President of Standard Chartered Merrill Lynch, said:
“At the same time, we are also working with DS Group to build the latest risk assessment system. Yes, it will be similar to BlackRock Group's 'Aladdin' system, in this regard, both Standard Chartered Merrill Lynch and DS Capital have relatively rich experience - D The quantitative funds under S Capital are currently one of the best-performing and most stable quantitative funds in the world. Coupled with the historical data we have accumulated, we believe that this risk assessment system will perform as well as the Aladdin system..."
< br>“What do you think of the market capitalization of Standard Chartered-Merrill Lynch Group, which has just surpassed HSBC Holdings, becoming the largest listed bank in the UK?”
As for the reporter's question - yes, because after the subprime mortgage crisis, Standard Chartered-Merrill Lynch's stock price performance was more stable than that of other banks, and it recently successfully merged with Barclays Bank. After the asset management department, its market value has surpassed HSBC Holdings, becoming the UK's number one listed bank - Davis replied:
“The performance of stock prices does have its importance, which is good news for our investors, but it is not the most important. Standard Chartered-Merrill Lynch Group will not just be limited to a certain region, but hope to provide professional financial services to people around the world, and next, we will also have plans to go public in the United States..."
"Time? This cannot give a specific time. We need to consider the global economic situation. After all, it is not a good period for companies to go public. But we believe that the global economy will soon get out of recession and welcome Come and rebound strongly”
……
“This is enough. It shows the ambition of Standard Chartered-Merrill Lynch, doesn't it?"
Just as Joe Harriman finished speaking, there was a "pop", and the woman who was pouring coffee immediately stood up. Come, look at Barron...
Fortunately, she remembered to hold on to the coffee pot, otherwise the fun would have been great.
"You seem to have forgotten that you are no longer the financial host, Ms. Harriman."
Facing Barron's gaze, Joe Harriman put the coffee pot on the table, and then stood obediently. In front of Lun, he leaned over...
I have to say that in addition to his extremely good looks, Joe Harriman also has a very good figure. At least the places where there should be materials are large-this should be She inherited good genes from her mother who was a model.
It’s just that Barron didn’t show mercy to her, facing her tight skirt...
The sound of "pop" sounded again.
"Now that the scale has reached the level of Standard Chartered-Merrill Lynch, simply keeping a low profile is no longer useful. We also need to take responsibility, which is to enhance market confidence."
Barron's words are like This is in response to Joe Harriman’s complaint just now.
Where they are now is Joe Harriman's residence - Joe Harriman moved to this new residence after the last residence was stolen.
The current community is located very close to the Greater London Parliament. Many parliamentarians and politicians live nearby, and the public security is naturally very good.
And in view of what happened last time, Barron also specially added security measures for Joe Harriman, so in terms of security, this place is satisfactory enough.
There will be another general election in Britain next year. In addition to being a member of the Greater London Assembly, Jo Harriman is also a member of Cameron's latest shadow cabinet as the Minister of Women and Equality. She is currently the Conservative Party member. One of three female members of the shadow cabinet, the others being Theresa May and Truss. This is also related to the composition of the Conservative Party’s shadow cabinet. After Cameron’s last shadow cabinet list was announced, it was called the “Old Boys Cabinet” by the media, believing that there were too many male members. —There was only one woman on the list at the time, Home Secretary Theresa May...
Cameron’s advisers also suggested that he increase the number of female shadow cabinet members, otherwise it would be detrimental to Next year's general election will make the Conservative Party less attractive to female voters.
So in the end he added Truss and Joe Harriman, two female shadow cabinet members. Although the importance of the shadow cabinet position held by Joe Harriman is very low, at least this shows Cameron's attitude...
After all, as a once-famous host, Joe Harriman has always been labeled as an "independent woman", and she will also emphasize this in every election. A feminist slogan dedicated to increasing women's social status.
And she has also spoken in support of special groups. Placing her in the position of Minister of Women and Equality Affairs in the shadow cabinet will also help the Conservative Party gain votes from certain groups.
But what others don’t know is that Joe Harriman, an independent woman, is not considered independent when she is with a certain Duke...
Of course , this scene will never be known to others.
“There are already some people within the Conservative Party, ah...”
Joe Harriman seems to especially like to talk about this kind of topic when doing certain things with Barron:
"Some people are a little dissatisfied with the party leader for letting some old people make room for us..."
At this time, Barron was still calm and calm, and he said lightly:
"I believe Ka Mellen can convince them, otherwise he would not be able to sit in his current position. Speaking of which, although the style of the Conservative Party has changed, it is still more traditional than the Labor Party."
< br>“So do you think we can win the election next year?”
Snap…
"What did you say?"
"Ah, master, do you think we can win next year?"
Jo Harriman's face became more and more rosy, and she heard Barron say:
“It depends on the people’s choice, but the situation seems to be in favor of the Conservative Party at the moment, doesn’t it? ”
Speaking of which, I’m afraid Brown is under a lot of pressure now. Not only in last year’s local council elections, the Labor Party lost too many seats, making them very passive, and in the current announcement by some institutions In public opinion polls, satisfaction with the current government is not high...
(End of this chapter)