Rebirth of the Strongest Tycoon
Vol 3 Chapter 1148: 4.5 billion pounds
"I agree with Evelyn's view."
"Too many branches and too scattered depositors are the biggest constraints. We now only have more than two billion pounds in cash, which are actually distributed in the hands of the head office and various branches."
"I think London may only have seven or eight billion pounds in cash, and other branches have an average of several million pounds, right?"
Harry Lowhill spoke, looking at Evelyn Lowhill, the president of Barclays Bank.
The latter nodded and said: "Yes, now the head office and branch in the city of London add up to 730 million pounds in cash. Other branches have tens of millions of pounds in cash, and the less One hundred thousand pounds in cash."
At this time, Liszt Lowhill expressed his own opinion: "Everyone is right, but I think as long as the promotion is in place, it will definitely be able to achieve a certain effect. At this time, even if it can change the concept of some depositors, It’s all worth doing.”
"It's just that we have to move fast. According to Evelyn, it is estimated that we will withdraw more than 400 million pounds a day today."
"We are not only slow to mobilize funds from branches across the UK, but it can even be counterproductive if exposed."
"So I suggest that if we really want to do this, we must execute it within two days, and the money cannot be taken from the bank, but we separately provide funds for Barclays Bank to borrow."
"As for whether it is 500 million pounds, 1 billion pounds, or 2 billion pounds, I will wait for everyone to discuss it together."
...
Seeing everyone arguing, Charles Rohill was silent. His status was the lowest and the company he controlled was also the weakest. Under normal circumstances, he was not qualified to participate in such a core family gathering. This is a rare occasion. Opportunity, he wanted to provide a plan for performance, but he didn't expect everyone to be so controversial.
That being the case, just leave it alone. He is the lowest in status and is not good at arguing with everyone. Anyway, he finally listened to Jacob Rohill.
Sure enough, Jacob Rohill saw that everyone had no conclusion and time was wasted. He directly called to a halt and said: "Charles's proposal is feasible to a certain extent. As for how effective it can be, the key depends on our propaganda. Strength, as long as it can reverse public opinion, it will definitely have an effect, and it will be a temporary delay."
"The most important thing is funding. In this week, how much funds can you draw to the maximum?"
Seeing that Jacob Rohill had decided, everyone died down.
One after another, they raised their eyebrows to calculate how much money they could spend.
Everyone knows the importance of unity, so no one intends to steal or hide their strength. They must do their best to help the family through the crisis.
After a moment of silence on the scene, David Rohill said: "Jacob, now the French Edmond Rohill Bank has only been rebuilt for less than half a year, and the liquidity is indeed not long. If the bank has not been privatized, ten 100 million pounds can be taken out, but unfortunately now, I can support up to 150 million pounds."
After David Rohill started, everyone else started talking.
Elro Rohill said: "The situation in West Germany is much better. I can support 800 million pounds in a week. I'm not sure for the time being."
Sidney Lowhill said: "Italy can provide 500 million pounds in cash within a week."
Harry Rohill said: "Switzerland can provide 600 million pounds in cash."
...
When everyone reported the count, Leopold Roshir kept recording, and finally came up with a huge number.
£2.41 billion!
This is the funds that can be mobilized with 100% certainty within a week!
It is enough to show the strength of the Rohill family in Europe!
Although the money may not all belong to the Rohill family, at this time, it is enough to spend money to alleviate the crisis. This is the manifestation of the ability. Others don't need to be considered, let's talk about getting through the difficulties.
As for the way of supporting these funds, considering that Barclays Bank is a listed company and not 100% of the Rothschild family, it is definitely not a way of capital injection, but a simpler deposit or loan relationship.
But these are small details and do not affect the overall situation.
Evelyn Lohill's tight face eased slightly and a smile appeared.
"Excluding what will be taken away today, plus the funds that everyone can support, then the bank will be able to guarantee a minimum of 4.6 billion pounds this week."
"And in the coming week, the bank will also sell some liquid assets and try to recover some loans, at least one billion pounds of funds can be recovered."
"It is certain that we will be safe for the time being in the next half month!"
Jacob Rohill nodded slightly: "It's fine for the time being, and we have more time to deal with it properly."
"The key behind this is to reach an agreement with other banks to work out a complete debt repayment plan as soon as possible, so that Latin America and other countries are willing to accept it while minimizing losses."
"Evelyn and I will deal with this."
Everyone nodded one after another, expressing no objection.
Evelyn Rohill thought for a while and asked another question: "When it comes to losses, you have to mention the market value of Barclays Bank."
"In nine days, the bank's market value fell from 6.5 billion pounds before the crisis broke to 5.52 billion pounds at today's closing, a drop of roughly one billion pounds in market value."
"And it is completely predictable that after the Latin American sovereign debt crisis broke out, the market value of our banks will continue to shrink in the future."
"We are burdened with US$13.68 billion in sovereign debt and US$11.94 billion in risky loans. The total amount of risky loans has reached US$25.62 billion. "
"As long as these risky loans are not recovered in one day, then our bank's stock price will continue to fall."
"In addition, we dumped assets and recovered loans for depositors to withdraw money. This would greatly reduce our profitability. Some organizations have already thought that we will fall into a loss this year, and then downgraded our bank's rating."
"So should we control the bank stock price?"
Jacob Rohill thought for a while and said: "Barclays Bank did not pledge equity, UU Reading www.uukanshu.com, so the stock price does not fall, it is not harmful to us, but it will take a long time. Re-establish market confidence and brand value."
"Repurchasing and increasing holdings are beneficial, but we are currently in short supply of funds, and we are not sure that we will deal with the risky loans of more than 20 billion US dollars in the future. The cost and risk of repurchasing are too high. It is unnecessary. Investors Let them sell if you want."
Evelyn Rohill was silent for a moment, and nodded in a sad mood: "I see."
...
After continuing discussions for twenty minutes, the countermeasures and plans have basically been discussed, including the Barclays Bank London Headquarters will use 1.5 billion pounds in cash to show its strength...
Just when someone thought it was going to end.
Jacob Rohill looked at Charles Rohill and asked with a serious face: "Charles, you are in Xiangjiang. You know the situation of Jiuding Consortium and Xia Yu most clearly now. After he returned to Xiangjiang from England, he did What happened?"
Jiuding Consortium and Xia Yu, these are two very special vocabulary, everyone present has heard it, Harry Rosier and Liszt Rosier and others also know that Jacob Rosier and others have wanted Xia Yu and the Jiuding consortium were controlled, but the plan was finally shelved.
As for the specific situation, they are not clear.
On this occasion, Jacob Rohill suddenly mentioned Xia Yu and the Jiuding Consortium. Could it be related to the content of today's rally?
This speculation emerged in his mind, and everyone's eyes were all focused on Charles Rohill, which made the latter feel a huge pressure.
PS: It’s just one update today. Please forgive me. I left the hospital after five in the morning and collapsed all day.
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