It turned out that after the Italian bank acquired the San Francisco Free Bank, the financial giant Morgan suspected that giani was ambitious and wanted to control the entire American banking industry. Therefore, under the control of Morgan, the Federal Reserve Bank of new york accused Italian banks of being suspected of monopoly. Forcing Ghianni to sell 5 1% of the company's shares. Privately, the Morgan consortium secretly absorbed shares in Italian banks.
Giani acted quickly and decisively. On the one hand, he bought time on the condition that he quit the Italian bank. On the one hand, a new company, Pan Am Limited, is registered in Delaware, and the largest shareholder of the company is the Bank of Italy. However, because its shares are scattered in the hands of a large number of minority shareholders, it is difficult for outsiders to suspect that it is suspected of monopoly.
In the name of this company, they bought shares of Italian banks at a low price, which were plunged under the control of others, thus defeating the conspiracy of Morgan and others to stifle Italian banks. Italian banks have not failed, but have become stronger and stronger. Later, it even annexed Bank of America, renamed all its branches as Commercial Bank of America, and really established its own empire. This is giani, not old and ambitious, who can turn the tide and ride out the crisis at any time.
1June, 949, Ghianni, a financial tycoon who struggled all his life, finally finished his last stop. At this time, the total assets of his bank have reached 2 billion yuan. In sharp contrast, his entire legacy is only private houses and other properties worth 439,000 yuan! Because he despises money extremely, he firmly believes that accumulating wealth will cut off his contact with the ordinary people he serves. This is exactly the same as his civilian style of opening a bank. One year before his death, giani donated all his 500,000-pound savings for medical research and educational scholarships for children of bank employees. He realized his oath of "not for himself, but for the public" with practical actions.