Money Games: The Inside Story of How American Dealmakers Saved Korea's Most Iconic Bank

Money Games is a book that tells the story of one of the most successful buyout deals ever: the acquisition and turnaround of Korea's largest bank by the American firm Newbridge Capital. It is full of intrigue and suspense and is told by the chief architect of the deal, Weijian Shan. Newbridge Capital sought to become the first foreign firm in history to take control of one of Korea's most beloved financial institutions, and had to muster every ounce of skill, determination, and patience to bring the deal to closing. Shan takes readers inside the battle to win control of the bank, balancing the goals of Newbridge with those of the government, bank employees, and Korea's powerful industrial titans. He also describes how Newbridge transformed and rebuilt the struggling bank into a shining example of modern banking and a massively profitable investment.

Format: Hardback
Length: 352 pages
Publication date: 26 November 2020
Publisher: John Wiley & Sons Inc

Money Games is a captivating tale that delves into one of the most successful buyout deals in history. The story revolves around the acquisition and turnaround of Korea's largest bank by the American firm Newbridge Capital. This insider's account is presented by the chief architect of the deal, the renowned author and private equity investor Weijian Shan. With billions of dollars at stake and the nation's economic future hanging in the balance, Newbridge Capital aimed to become the first foreign firm in history to take control of one of Korea's most beloved financial institutions.

In a proud country still grappling with the aftermath of a humiliating International Monetary Fund bailout during the Asian Financial Crisis, Newbridge Capital faced an uphill battle to secure the deal. The process required immense skill, determination, and patience as the company navigated complex negotiations with the government, bank employees, and powerful industrial titans. Shan takes readers deep into the intricate battle to gain control of the bank, showcasing the delicate balance required to align the goals of Newbridge with those of the government, employees, and the nation's industrial giants.

Throughout the book, Shan provides a detailed and insightful account of the entire process, from the initial negotiations to the final closing. He sheds light on the challenges and complexities involved in such deals, including the intricate financial analysis, legal considerations, and stakeholder management. The author also delves into Newbridge's transformation and rebuilding of the struggling bank into a shining example of modern banking. Through innovative strategies and a commitment to excellence, the company not only revived the bank's fortunes but also turned it into a highly profitable investment.

What sets Money Games apart from other buyout books is its comprehensive coverage of the dealmaking process, as well as the transformation and eventual exit of the investment. The book goes beyond the mere mechanics of closing a deal and delves into the intricacies of managing a business during its turnaround phase. Shan provides valuable insights into the strategies and tactics employed by Newbridge to turnaround the bank, including cost-cutting measures, revenue-generating initiatives, and strategic partnerships.

For anyone who has ever wondered how private equity investors strike bargains, turn around businesses, and create immense value, this book is a must-read. It offers valuable insights into the world of high-stakes money-making and provides a captivating story that will keep readers engaged from start to finish. Whether you are an investor, business professional, or simply interested in finance and entrepreneurship, Money Games is a valuable resource that will enhance your understanding of the private equity industry and its impact on the global economy.

Weight: 596g
Dimension: 164 x 236 x 29 (mm)
ISBN-13: 9781119736981