Chapter 588: Agreement with Ruilian

　　Life is full of rituals. In Zurich these days, Li Zitao's daily life is full of royal ceremonies.
　　 This is not the intention of Mary, but the atmosphere here.
　　 In the 1930s, they were still inseparable from the nobility and ceremonial atmosphere, and their identities were not ordinary.
No matter where you live or where you go, the other party will come up with the best service in order to be able to leave an impression on them.
　　 "BOSS, Mr. Togenberg of Union Bank of Switzerland is here." Early the next morning, Li Zitao was having breakfast with his wife in bed, and Eva came in from the door.
　　 "Please ask him to wait in the parlor!" Putting the tray back in the dining car, Li Zitao walked towards the parlor in pajamas.
　　When he met Togenberg, Li Zitao couldn't believe it. This man, who is less than 170cm in length and looks shy, would be the most famous bank giant in Switzerland.
　　 "Mr. Li, UBS is definitely the best bank in Switzerland, and there will be no better financial institution in the world,
　　After all, the banking law here decides that we can hide all information for our customers, no matter what it is. "
　　 The Banking Act passed by Switzerland in 31 years shows that banks can keep all customer information confidential, which is why Swiss banks are developing rapidly.
　　Currently, only Luxembourg is enforcing a similar bill, but it is only just starting compared to the Swiss Union Bank, which has been developing for more than a century.
　　 Moreover, Li Zitao did not want to leave the family foundation to someone familiar with it.
　　 "The credibility and professionalism of Ruilian is undoubted, but...in terms of asset management, it seems that you are not performing well enough." Li Zitao said casually on the sofa.
　　 "Yes, but this does not mean that Ruilian is not good enough. We just lack suitable opportunities. If we are fortunate enough to manage your family fund, I think people will change this view soon."
　　Togenberg did not deny this. Ruilian is second only to Deutsche Bank in Europe in terms of confidentiality and storage.
　　 This is a very low-key abroad, but it is actually a wealthy bank with huge influence. Behind is a financial dynasty that cannot be ignored in Europe, the Rothschild family.
　　With its own influence, intricate network and professionalism, Deutsche Bank has always been a leader in asset management and the first choice of the rich.
　　To be honest, when he learned that Li Zitao wanted to hand over the family foundation to Ruilian for management, even Togenberg himself was surprised.
　　Whether Li Zitao really had this plan, or using Ruilian to pressure other banks to achieve his goal.
　　Togenberg did not want to give up this opportunity, an opportunity to prove to the rich that Ruilian is no worse than any bank in terms of asset management.
　　 "Your management fee?" The management fee is a problem that Li Zitao is more concerned about.
　　 The money involved here is not an insignificant gross profit, but it may be in the millions every year, and will rise to tens of millions in the future, extending the huge benefits for centuries.
　　 "6%." Togenberg showed the sincerity of Ruilian.
　　 6% of the annual profit is on a scale equal to that of Ruilian. It is able to compete with banks and management companies and collect at least 9% of points.
　　 3 points less, Ruilian will lose millions of dollars every year.
　　 "5 percent." Although Ruilian's sincerity is sufficient, if he does not engage in price, he always feels that he has lost money.
　　 "Mr. Li, 6% is Ruilian's greatest sincerity. As the most influential banker in North America, you should be very clear about this."
　　Togenberg heard that his bargaining was not in a hurry, but only showed Ruilian's position, 6% is the lowest standard they can accept.
　　 "In the future, my family fund assets will exceed 10 billion, do you still think so?" Li Zitao looked at him indifferently.
　　If he was asked to come back in one sentence, he might as well not speak before.
　　 5 percent, Togenberg finally agreed to his request, but also made Ruilian's request in the contract.
　　Until Ruilian has not caused serious losses to the Foundation, Li Zitao shall not change the management side at will.
　　 Ruilian is to give up short-term benefits and prepare to serve as the management of the foundation.
　　No opinion about Li Zitao. He originally wanted to hand over the foundation to a third party to deal with his industry or any organization that had no relationship with him.
　　Under such conditions, there will be no more suitable institution in this world than Ruilian.
　　 The agreement was signed very quickly. It seems that Ruilian was afraid that he would suddenly change his mind, and he prepared all the necessary documents the next day.
　　After signing the agreement, the foundation will also change the place of registration to Switzerland as soon as possible, but the main body and office location will still be placed in North America.
　　 This point does not need him to worry about, the New York branch of Ruilian will naturally get it done.
　　The last thing in Switzerland is also done, and this trip should end here.
　　Purchased custom products will naturally be sent to Beverly Manor after they are made. If they do not have this service, I am really sorry for their prices.
　　Flying back to Los Angeles from Switzerland, this year has not been so grand, and there are not so many foods, gifts and phone calls.
　　Li Zitao and Mary felt relaxed, staying with their family, skiing, viewing, shopping, enjoying free air and holidays~EbookFREE.me~ Back to Los Angeles, the trend of Mobil Standard Oil has not yet passed.
　　Because it is actively promoting various information itself, such as the plan to stop the production increase of the northern gas field, it is announced that the small oil group discovered in Oman will not be developed for the time being.
　　The news is a few happy and a few sad, and Oman, the big man, is very sad.
　　 When the brothers next door discovered the northern gas field, Oman was jealous for a long time, and now he has found in his country that he can have money, but he is suddenly told to suspend development.
　　 This made Oman a little bit uncomfortable. The chief called to discuss this with Li Zitao. The word means something inside and out. Oil must be developed now.
　　 "This is a decision made by the unpaid standard after analyzing the international market. Now that there is an oversupply of oil and gas, the development of new oil fields to increase production will only cause oil prices to fall."
　　Regarding this issue, before answering the phone, Li Zitao had communicated with Ava and the think tank.
　　Mobil Standard Oil is afraid of the process of production capacity, causing oil prices to fall.
　　 Mobil Standard Petroleum is now the world's largest oil and gas supplier. If oil prices fall, who can lose more than them?
　　If the economic impact caused a more serious plunge, these shareholders, who have just celebrated for a long time, should hold together and weep.
　　 Therefore, the Chieftain said that he could not understand that the Omani people needed a better life, and clearly stated that he did not want to control these subsequent influences, and Li Zitao’s performance was not so polite.