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American Fortune Life - Chapter 1347

Published at 7th of November 2021 08:09:34 AM


Chapter 1347: 1347

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In order to make the capital meet the regulatory requirements and avoid bankruptcy, the major banks began to raise cash, but most failed to do so.

Facing the banks on the brink of bankruptcy, Britain became the first government in the west to carry out the so-called "bank nationalization" and began to inject government funds into banks.

As for the advantages and disadvantages of "nationalization" of banks, it has not only aroused controversy, but also opposed by most bankers. Even Andy would be worried that the government's capital injection would scare the existing shareholders of the bank, fearing that their shares would be diluted. Not to mention other bankers.

Of course, the more important impact for the bankers themselves is that if they are forced to accept "nationalization", the government will definitely impose restrictions on dividend bonus, etc., not only the salary will be affected, but also the banks in their charge will lose their independence, which is what the bank executives do not want to see.

Barclays Bank has successfully acquired the related businesses of Lehman Brothers in the United States from Andy, although it has become a powerful competitor of the large investment banks on Wall Street for a while.

However, in the following time, the original investment banking team of Lehman Brothers left one after another, which led to the real value of the acquisition also greatly reduced. What Barclays didn't know was that it was Andy Smith's Freedom City investment company that poached the power of the former Lehman elite investment team...

The reason why Andy is sure that Barclays Bank will be rubbed on the floor by him honestly, and he also needs to smile and accept his investment plan of "wool out of sheep", is that his London staff have been keeping short selling and suppressing Barclays Bank's share price, and they always pay attention to collecting their information.

When I learned that Barclays needed to raise its capital ratio to 8% within this month, i.e. a total of £ 1.3 billion was needed to resist the nationalization of the British government.

At the same time, according to the newspaper, Royal Bank of Scotland and Lloyds Bank Group, two rivals of Barclays Bank, have received state assistance and started the localization process. As a result, the pressure is converging on Barclays and its management.

Andy's official door, official harvest he prepared for a long time under the pit of loot!

In fact, by this time, there are really few options left for Barclays unless the executives in the conference room accept the capital injection of the British government and the reality of nationalization.

Another is to take the risk of touching the red line of the law and accept a total of more than 300 million pounds of "consulting fees" from desert landlords and those consultants.

There is no doubt that Andy Smith's investment, although very frustrating, is in line with the requirements of Barclays Bank to improve the capital ratio. Not only has the total cash flow increased by 400 million pounds, but also has the quality mortgage assets of 1 billion pounds.

So this was controlled by Andy from the beginning, and the investment negotiation went smoothly. His investment by Andy Smith can not only help the capital of Barclays Bank, but also the influence of his name and the confidence of investors in the financial market!

Andy Smith's influence in the capital market is not comparable to that of those desert landlords with only a lot of money!

"Pa Pa Pa --"

there was applause in the conference room. Andy Smith with a smile and Robert Raymond, President of Barclays Bank with the same smile, exchanged the folders in their hands, and the hands of the two people were tightly held together.

"Mr. Smith, welcome to the family of Barclays Bank. Please support me in the future."

"Barclays Bank is a great bank, it's my honor to join, thank you."

Looking at the two people shaking hands, smiling and talking, all the faces in the conference room showed a smile. It seemed that they were not happy, unwilling and dissatisfied before. Amar looked at all this, and he felt an unspeakable feeling inside. It was like when he returned to the work of the United Nations, everyone wore several masks.

There is no permanent enemy, no permanent friend, only permanent interests. Churchill's words may be the most appropriate annotation at this time.

"Welcome... Mr. Smith. "

"Thank you."

。。。。。。

Andy kept a bright smile on his face and shook hands with the executives of Barclays Bank one by one. At the moment, the meeting room was full of fun and executives and directors got along well with each other.

From the warm applause in the conference room to the moment, Andy, along with Amal, the assistant and the management led by the president of Barclays Bank, sat in the rest area chatting, waiting for the press conference to be held later. Suddenly, it naturally needs to give the group of reporters from Fleet Street time.

John Wally, CEO of Barclays Bank, has been under a lot of pressure during this period. He just flew back from China and tried his best to get the second financing from those local tycoons. However, the other side's lion mouth was too big, so he had to come back to ask for the decision of the board of directors. In the face of Andy Smith, the new director, John Wally suffered a lot.

However, Andy is not interested in any of these things. The reason why he enters Barclays Bank now is that the stock price of Barclays Bank rebounds. After the financial storm, the stock price of Barclays Bank recovers to the original level and carries out cash arbitrage. Until the power struggle of the board of directors and bank operation, he has no interest at all, as long as he does not Touch his interests, dilute his shares, he will assign a subordinate as mascot.Where there is money, there is a banker.

As a banker who only pursues profit, the executives of Barclays Bank in the presence are absolutely the best. Andy's plan of "getting the wool out of the sheep" successfully achieves the goal, but also awakens these people. Although Andy's method is shameless, it is simple and feasible to use it repeatedly.

So when CEO John Waley proposes Andy to invest billions more in Barclays Bank, and then sign a supplementary agreement to loan back to Andy at ultra-low interest rate, Andy uses the loan again to invest in Barclays Bank, and all the interest and expenses generated in the process are in the charge of Barclays Bank, which can be paid to Andy in the form of consulting fee.

It has to be said that the other side's ability to draw inferences from one another is really strong. The moves of wool coming out of the sheep are immediately learned and used by the other side. But Andy knows who knows. It's a big hole that he can make money, but he will get into trouble.

When several bank executives, including President Robert Raymond, thought that the plan was highly feasible and could directly solve the risk of being nationalized, Amal, a beautiful lawyer holding a coffee cup, put down the cup, and his elegant smile and voice interrupted their dreams.

"According to the company law of 1985 in force in the UK, your methods involve" collusion in fraud and illegal financial assistance ". Once implemented, you will be prosecuted.

Mr. Smith's investment in Barclays Bank belongs to the investment completed with his own financial resources, rather than the financial resources of Barclays Bank, because Mr. Smith was not a shareholder of your bank before, all of which are reasonable and legal, but now as a shareholder, if the false contribution of shareholders is verified, it is a criminal act! "

"Cough..."

Some bank executives, including Robert Raymond, the president of the bank, seem to have been splashed with cold water. They cough awkwardly when their hearts are cold. They also face up to the beautiful lawyer who has been following Andy. It's no wonder that Andy Smith, a super rich man, will bring her around. It seems that it's not a vase, but a cow!

After Amal's elaboration, a pair of beautiful eyes look up at Andy Smith who has been smiling all the time. He looks at him with his bright eyes and sees appreciation and comfort from the eyes of the other party. At this moment, Amal fully understands that her role is to help Andy to endorse and witness his investment behavior.




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