Building The Strongest Family-Chapter 121: Annual Meeting [ 3 ]
Chapter 121: Annual Meeting [ 3 ]
A heavy silence enveloped the room as they absorbed that statement’s weight.
Arthur leaned back in his chair, satisfaction washing over him,though deep down, his heart raced with exhilaration at just how lucrative the pharmaceutical industry could be.
"Damn! That’s a lot of money!" Arthur muttered under his breath.
He quickly gestured for Xavier to continue.
Xavier nodded appreciatively and transitioned smoothly into his final slides, detailed breakdowns of regional sales, production timelines, and plans for expanding their research facilities.
His voice remained steady and precise throughouteach fact delivered with clinical accuracy.
As he wrapped up his presentation, glances exchanged among those present hinted at a shared realization: what had started as a modest pharmaceutical arm had transformed into one of the most profitable segments of the Osborn empire in less than a year.
Arthur set down his glass decisively. "Excellent work, Xavier! Keep me updated on Phoenix Protocol developments."
Xavier gave a curt nod and replied lightly, "Of course."
As he took his seat again, conversation resumed around the table, but now it buzzed with newfound respect for their medical division; it was no longer just another business unit,it had become potentially the futureof the entire Osborn empire!
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Arthur paused thoughtfully before turning to Philip with an encouraging smile: "Uncle Philip! It’s your turn! Let’s hear how our financial empire is doing."
He turned to Philip and said with a grin, "Alright, Uncle Philip! It’s your time to shine! Let’s see how our financial empire is faring!"
Philip returned the smile, cleared his throat, and stood up. freewebnσvel.cøm
The moment he rose from his seat, the atmosphere in the conference room transformed.
Philip exuded the quiet intensity of a chess grandmaster,his tailored gray suit crisp and immaculate, sharp eyes scanning the room like an eagle surveying its territory.
He placed a sleek tablet on the table, its surface alive with streaming financial data.
With a slight nod to everyone present, Philip began speaking in his calm and precise manner.
"Osborn Capital Group has been operational for eight months now. In that time frame, we’ve established twelve subsidiaries, each one dominating its respective sector."
As he tapped his tablet, holographic screens illuminated with cascading charts and graphs that seemed to dance before their eyes.
The first display showcased a global map pulsing with real-time account openings. "We’ve opened 100 million new accounts across thirty countries," he stated confidently.
"That’s an average of 519,000 accounts per day! Retail banking makes up 87% of these accounts, while business accounts account for 25%, and ultra-high-net-worth clients represent 10%."
Arthur raised an eyebrow curiously and asked, "What about retention rates?"
"Ninety-four percent," Philip replied smoothly. "Our AI-driven financial coaching has proven particularly effective among younger demographics, 62% of our new account holders are under thirty-five."
Leaning forward slightly in interest, Arthur pressed on. "And deposits?"
"10 trillion Unicreds," Philip responded without missing a beat. "Of that amount, 520 billion was poached from competitors."
Julian smirked at this revelation and chimed in playfully, "I bet they weren’t too happy about that!"
Philip maintained his neutral expression as he replied matter-of-factly: "Their displeasure is irrelevant to us. Our instant loan approvals,800 billion issued at an average processing time of just ninety-seven seconds, have made us the go-to lender for small businesses."
The display shifted to showcase timelines of mergers and acquisitions.
"In fact," Philip continued seamlessly, "we’ve advised on seventeen major deals in just the past quarter alone. The total transaction value? A staggering 4.8 trillion Unicreds! Our proprietary trading desk has outperformed market benchmarks by an impressive 22%."
Nathaniel crossed his arms skeptically and asked, "Have you faced any pushback from the old guard?"
"Some initial resistance," Philip admitted candidly. "But after we structured the Veyne Corp buyout in just forty-eight hours,a deal that had stalled for months,the industry took notice."
A new chart popped up on the screen, showcasing the impressive growth of Osborn Asset Management. "Assets under management: a staggering 9.7 trillion Unicreds,"
Philip announced with a grin. "Our algorithmic funds have consistently outperformed, especially in those nail-biting volatile markets. Just look at our flagship Osborn Alpha Fund, it’s soaring with a remarkable 38% increase year-to-date!"
Emily tilted her head, curiosity piqued. "But how much of that is our own capital?"
"Only twenty percent," Philip replied confidently. "The rest? That’s all client money, think pensions, sovereign wealth funds, and even competitors who trust us to park their cash."
As he spoke, the screen transitioned to an eye-catching dashboard filled with private client portfolios.
"While four percent of OIB’s accounts might be ultra-high-net-worth individuals,"
Philip explained, "here at Osborn, that’s our bread and butter. We only handle accounts with a minimum size of 100 million Unicreds! And get this: the average portfolio has grown by an impressive 17% in just eight months."
Ashley whistled in disbelief. "And how many clients are we talking about?"
"Twelve thousand," Philip said proudly. "Collectively, they control a whopping 6 trillion in liquid assets."
Next up was claims and underwriting data that Philip pulled up effortlessly.
"We’ve written premiums totaling 890 billion," he continued. "And check this out,the payout ratio stands at just 42%, which is the lowest in the industry! Our predictive models have slashed fraudulent claims by an astonishing 76%."
Richard frowned slightly. "That sounds almost too efficient."
"Efficiency," Philip corrected him with a smile, "is precisely what we aim for."
The display then shifted to real-time commodity flows.
"We now command 4% of the Aurelian Federation metals trade and hold 3% of energy futures,"
Philip shared enthusiastically. "Our AI-driven arbitrage systems capitalize on micro-inefficiencies that even the exchanges overlook."
Edward leaned forward, intrigued. "What are our profit margins looking like?"
"Twenty-three percent on physical commodities and forty-one percent on derivatives," Philip replied without missing a beat.
Finally, the last chart revealed their real estate holdings.
"In total, we’ve got 87 billion tied up in income-producing properties," Philip summarized succinctly, everything from office towers to logistics hubs and luxury residences,all leveraged at prudent ratios".