Rebirth of England.

Chapter 741: Decline
By the end of March, a consortium of banks including William Weber Capital and Standard Chartered Merrill Lynch had completed an agreement with LCR Rothschild.

The content of the agreement is that the banking consortium of William Weber Capital will acquire the German financial institution that issued CDS bonds to Wall Street banks, NM Rothschild Bank, and the shares of BNP Paribas and Natixis Bank held by LCR Rothschild Group in a package at a price of 60 billion euros.

Among these, the shares of BNP Paribas and Natixis held by LCR Rothschild Bank alone are worth around 55 billion euros at this time.

Therefore, the price they paid for the package acquisition of German financial institutions and NM Rothschild Bank was only 5 million euros.

However, considering that this German financial institution is involved in CDS bonds with a probability of payment of more than 50 billion euros, as well as the compensation that NM Rothschild Bank may face to its customers, this price is relatively reasonable.

It can be said that after this transaction, the Rothschild family basically lost most of their industries in the financial field, and according to their company's shareholdings, they could only get less than 60 billion euros out of the 30 billion euros acquisition money. Part of this amount is likely to be compensated in the subsequent claims of some shareholders of the LCR Rothschild Group.

From now on, the Rothschild family will never again have its former glory. Apart from a few shares in some companies, all they own are those wineries.

After reaching this acquisition agreement, Standard Chartered Merrill Lynch will acquire 45% of BNP Paribas for 5 billion euros.

William Weber Capital invested 10 billion euros to acquire nearly 10% of Natixis Bank's shares, thus increasing their stake in the bank to nearly 40%!

At the same time, William Weber Capital invested another 10 billion euros to acquire most of the business of NM Rothschild Bank and 60% of the shares of the German financial institution, while Standard Chartered Merrill Lynch acquired 40% of the shares of the German financial institution.

Of the 10 billion euros from William Weber Capital, 5 million euros were used to pay for the acquisition, and another 5 million euros were injected into NM Rothschild Bank to maintain the bank's smooth operations.

The Weber family used their connections to reach an out-of-court settlement with NM Rothschild's former clients. They will pay a total of 25 billion euros in compensation to these clients to compensate for their damaged assets in the previous transfer of losses from NM Rothschild Bank's proprietary business.

When the acquisition of NM Rothschild Bank was completed, the bank's proprietary business had less than 30 billion euros in assets. After selling these proprietary assets to Standard Chartered Merrill Lynch, the funds obtained were just enough to make compensation and pay the 5 million euro fine imposed by the French Financial Markets Authority.

One month later, after the European Central Bank and the eurozone countries decided to provide aid to Greece with an initial loan of 250 billion euros, the shareholders of the German financial institution, William Weber Capital and Standard Chartered Merrill Lynch, reached an agreement with some Wall Street banks including Goldman Sachs and JPMorgan Chase, whereby NM Rothschild Bank would transfer businesses worth 5 million euros to these Wall Street capitals in order to terminate the CDS agreement between them.

It's not that Wall Street capital was so easy to talk to at this time. It's just that on the one hand, Greece had already been confirmed to receive aid led by the European Central Bank, and Standard Chartered Merrill Lynch was fully capable of providing corresponding loans to the Greek government to ensure that they repaid the loans involved in the CDS agreements. Therefore, after getting the benefits, Wall Street banks let go.

In May, after NM Rothschild Bank finally emerged from its difficulties and its business returned to normal, Natixis, the fourth largest commercial bank in France, announced that it would acquire NM Rothschild Bank to acquire its main businesses including private banking and investment departments.

After this merger, William Weber Capital increased its stake in Natixis Bank to more than 60%, becoming the bank's controlling shareholder, and Ashley Weber became the chairman of Natixis Bank.

In addition, six months after Benjamin Rothschild served his sentence, he was found hanged in his single room. After investigation, the French police announced that his death was a suicide.

This incident caused quite a bit of discussion at the time, but because David Rothschild of the Rothschild family had retired due to a stroke, his other nephew Alexander Rothschild had taken over his position and became the head of the Rothschild family, so soon no one cared about this matter anymore.

……

At this time, Barron had already arrived at Lanai Island, which he had previously acquired.

After the construction of Grace Tourism Group, Lanai Island now has more complete facilities than when Barron first acquired it. This time Barron came here with Rebecca and their daughter Jennifer for vacation.

Jennifer Cavendish is Barron's eldest daughter and will be turning 6 next month.

Now, Jennifer has grown into a little beauty with an exquisite angelic appearance, which makes everyone like her very much.

Perhaps because she inherited the excellent genes of Barron and Rebecca, Jennifer is also very smart. Although she is only 6 years old, under the guidance of Rebecca and the private teacher she hired, Jennifer not only has excellent grades, but is also very talented in literature and art.

Just like now, Jennifer played a piano piece in the villa, which won Barron's encouragement and praise.

"It's your birthday next month, baby, what gift do you want?"

Lifting his daughter up and holding her in his arms, Barron spoke to her affectionately.

"I hope my dad can pick me up from school once."

Jennifer said without hesitation:

"I want to introduce my friends to my dad."

It can be said that as Barron's daughter, Jennifer has the best material conditions in the world, but at the same time, it is not perfect. At least in terms of companionship, it is difficult for Barron to be like an ordinary parent.

So after hearing what his daughter said, Barron kissed her on the cheek:
"That's no problem, baby. I'll host a birthday party for you at home and you can invite all your friends to come."

"Really? That's great!"

After handing his daughter Jennifer to the maid beside him and asking her to take his daughter to the beach, Barron walked over to Rebecca, who had a slightly complicated expression after seeing what had just happened, and said:

"Baby, I think we should spend more time with the children. What do you think about letting Jennifer go back to London? Then she can be with her brothers and sisters. This way, they will have more family members to accompany them."

In fact, this idea was not something Barron had just thought of. He had had this idea a long time ago.

After all, he already has many children, mainly in America and England, as well as a pair of children named Fan Bingbing in China.

If these children can live together, then even if Barron and their mothers each have their own careers and cannot always be with them, at least the children can develop feelings for each other from an early age and will not be too lonely.

(End of this chapter)