Rebirth of England.

Chapter 734 Stand Up

Although the French police finally released Benjamin Rothschild after 48 hours of detention, the investigation into the illegal transfer of losses by NM Rothschild Bank and the murder of Badu Boyd is still ongoing...

The situation of the LCR Rothschild Group can be said to be getting worse day by day.

Affected by this series of events, the share price of LCR Rothschild Group fell by more than 70% in just half a month. As a result, the Rothschild family faced the situation of being demanded by banks for many loans that were secured by their holdings in LCR Rothschild Group - they either had to provide sufficient collateral or repay the portion of the loan that exceeded the mortgage amount.

Moreover, the scale of wealth managed by the LCR Rothschild Group has dropped sharply from about 700 billion euros to less than 150 billion euros, and is still decreasing...

It can be said that the reason why the scale of funds they manage is still nearly 150 billion euros is that this part of the assets has not yet been cashed and returned to customers.

As for David Rothschild's personal request for government assistance from France...

The government responded that in view of the many problems exposed by the LCR Rothschild Group, their request for rescue will only be considered after the Financial Markets Authority's investigation reaches a final conclusion.

However, the Rothschild family also received news that their angry clients who suffered losses due to their investments have been discussing and preparing to file a collective lawsuit against the LCR Rothschild Group...

"I spoke to Akwaye today. Most people, including the president and the finance minister, were very angry about the transfer of losses by NM Rothschild Bank and the murder of Badu. Although he has a good relationship with us, he also pointed out that we must assume these responsibilities before we can get help..."

In the evening, David Rothschild called Benjamin Rothschild to his home again and said this to him.

"But we didn't kill Badu at all!"

Hearing Benjamin's words, David looked at him with hawk-like eyes and said lightly:
"It doesn't matter at all, Benjamin. If it were any other time, not to mention the death of a person, even the bank's problems could be solved..."

He lit up the cigar, looked at the flickering flame, and felt the smoke in his mouth:
"But the problem now is that we were caught when we were at our weakest. Can you guarantee that those people won't find any problems in the bank?"

"I……"

Benjamin shook his head.
"It happened so suddenly. The people at the Financial Markets Authority acted very decisively. We didn't have time to do much. It should only be a matter of time..."

"Have you ever thought that the reason they didn't find out the truth so quickly is not because they can't find it out, but because they are stalling for time?"

"what do you mean……"

Looking at his nephew's surprised and somewhat enlightened expression, David nodded:
"As long as they are investigating, we won't be able to use our connections to get help. This may be what they want..."

David walked up to Benjamin, patted him on the shoulder, and said:
“Benjamin, you are a member of our family. At times like this, someone needs to stand up.”

……

"As my friend, win-win cooperation is what I pursue..." After spending a short time with his family at Grace Lavender Manor, Barron returned to New York again.

Facing his allies this time, Barron said:

"From the French side's attitude, they are happy to see the Rothschild family weakened, but they will still retain part of their business... and they would like to have a considerable part of the Rothschild family's business taken over by local financial groups. You know, the French have always been more persistent in this regard..."

Lloyd and Jamie Damon exchanged glances, and then Lloyd asked:
"So, apart from the profits from our short selling this time, what else can we get?"

"Don't think I don't know, sir. A portion of the funds withdrawn from the LCR Rothschild Group was given to you for management."

In response to Barron's words, Jamie Dimon replied nonchalantly:

"Didn't DS Group also get a large share, Your Highness?"

"This isn't the place for us to argue..."

Barron shrugged and said:
"I will get some of the bank shares controlled by the Rothschild family as compensation. I will give you some of the shares in the short selling operations in Japan and South Korea. I believe this will satisfy you."

Hearing Barron's words, Lloyd and Jamie Dimon smiled at the same time.

Compared with Japan and South Korea, Barron cares more about Europe, although this time he shorted Europe together with Wall Street capital such as Goldman Sachs and JPMorgan Chase, and attacked the Rothschild family.

But after that, he did not want to see American capital taking the opportunity to control more European financial industries, especially after the Rothschild family would inevitably lose blood. If the fat they lost was obtained by Wall Street capital, then France, as a relatively independent country in Europe, would be infiltrated.

In Baron's view, Europe is his own private territory. Even judging from the attitude of the French government, if they push too hard, the possibility of them turning to rescue the Rothschild family will greatly increase.

Therefore, the best outcome is that he gives up some of his interests in Japan and South Korea in exchange for a larger share of the Rothschild "legacy" this time.

After all, compared to South Korea, which is more docile to its "American daddy", Japan, even though its military and economy are controlled by the United States, will still try its best to retain some independent capabilities, even if this part is getting smaller and smaller.

For example, in terms of economy, Japan's financial industry can be said to have been infiltrated by American capital, but in manufacturing, there are still some core enterprises that are not controlled by Wall Street.

In this case, Barron might as well give up some of his interests in Japan and let Wall Street capital take the lead.

This was also the main reason why he formed a tacit understanding with Wall Street tycoons such as Lloyd and Jamie Dimon after coming to New York this time - he also did not want to immediately have a rift with these people because of "unequal profit sharing" after this action against the Rothschild family.

Being able to repair this relationship for as long as possible is also very important for Barron, at least it can give him more time to develop.

(End of this chapter)