Rebirth of the Strongest Tycoon
Vol 3 Chapter 1513: Attack on Biscay Bank in Bilbao
compared to other continents. The countries in South America were the first countries to be colonized.
As early as 1500, Portugal came to Brazil with strong ships and guns, and in 1509, Spain, which competed with Portugal, also arrived in the American continent.
Portugal is established in Brazil with the Governor General, while Spain is in Peru. Since then, Spain and Portugal have started a process of helping and killing each other in South America, after a series of competitions.
The end result was that Brazil was occupied by Portugal. All countries, including Argentina, Peru, Chile, etc., were colonized by Spain.
Even though the various countries in South America have become independent after World War II, the traces of hundreds of years of colonization have penetrated into all parts of South America.
Culture, system, economy and other fields can be said to be pervasive. This is not something that decades can wear away.
And in banking. As the largest bank in Spain, it is also the largest foreign bank. The Bilbao-Bizcay Bank has a far-reaching influence in South America. It is the largest bank in many countries, and even the largest bank in some countries.
And in terms of assets. The total assets of the Bilbao-Bizcay Bank in South American countries reached 26 billion US dollars, almost reaching 40% of the entire Bilbao-Bizcay Bank!
According to the latest ranking of the top 100 global banks by The Banker magazine. Bank of Biscay Bilbao ranks 39th in the world, with total assets of US$66.426 billion.
And Wells Fargo Bank, which ranks 90th in the world, has total assets of only US$26.034 billion.
this means. If the bank assets of Bilbao Vizcaya Bank in South America were separated separately, it would also be able to break into the top 100 of the global banking industry.
And in fact. The assets of Bilbao Vizcaya Bank in South America are indeed one of the two pillars of Bilbao Vizcaya Bank.
There is no doubt that the other root is its assets in Spain. As the core financial platform of the Francisco family, the Bilbao Vizcay Bank, of course, Saren Francisco will hold it tightly in his hands, and will pay attention to it in time when there is any trouble.
Especially during this period of time, the European capital world was raging with war, and he also participated in it. What's more, seeing many allies, especially after the backyard of the Wallenberg family caught fire, he stepped up his efforts to investigate his own situation and sensed that danger was approaching.
only. There are always people who better than you. His reaction had already been calculated by Xia Yu and the Guangming Consortium.
"Sun Tzu's Art of War" has a saying that the fundamental principles of attack are: first, the speed of soldiers is precious, and second, to attack the enemy's vital points.
Saren Francisco has the confidence to fight against the Bright Consortium, and dares to **** the prey of the Schroeder Group, and the biggest reliance is the Bank of Biscay, Bilbao.
Just different from other companies. Under the operation of Saren Francisco's uncle who has ruled Spain for decades, even though Bilbao-Bizcay Bank has been listed, the Francisco family still holds a cumulative 58.64% of its shares.
Considering the listed company attributes of Bilbao Vizcaya Bank. There was no possibility of outsiders threatening the Francisco family's rule over the Vizcaya Bank of Bilbao.
Most of Xia Yu's well-used methods in the past have failed in front of him, and it is also difficult to use capital-crushing sniping and acquisitions.
But this doesn't mean that Xia Yu is helpless. Based on this situation. From the very beginning, they wanted to target the Francisco family's money bag, Bank of Vizcaya, Bilbao.
Xia Yu never thought of attacking head-on in Spain, but aimed at the South American branch that was beyond the reach of Saron Francisco.
After nearly two months of preliminary preparations. Following Xia Yu's order. The action finally begins. … Brooke Gascoll feels this is his lucky year as president of Brooke Gascoll South America.
Since the Latin American sovereign debt crisis, the economic development of South American countries has fallen into a quagmire. As the heart of economic development, the banking industry has inevitably been the most affected.
not to mention. As the top bank in South America, Bilbao-Bizcay Bank certainly suffered a lot from the Latin American sovereign debt crisis.
In the past few years, he can be said to be busy without touching the ground, and often can't sleep at night, let alone have time to relax, causing him to forget his sea fishing skills.
Fortunately, after entering 1987, he seems to be very happy. In Argentina, Peru, Chile, Uruguay and other countries, the original large depositors seem to have come out of the quagmire and ushered in the second spring of economic development. rise.
Not only that. Branches around the country are also reporting success. The largest single business came from the Argentine branch in mid-January, which directly drew a deposit of US$520 million from Coca-Cola.
It is reported that Coca-Cola is planning to invest in large-scale production expansion in South America. It has taken a fancy to the local influence of Bilbao Vizcaya Bank in South America, and plans to let Bilbao Vizcaya Bank assist in a series of acquisitions in the future. and implementation of business strategies.
Holding a large amount of liquid funds, of course Brooke Gaskell can't let it idle, after all, the money has to pay interest, even if the interest rate for temporary deposits is very low.
therefore. Funds must flow quickly and be loaned out. After research by the think tank, Bilbao Vizcaya Bank directly lowered the loan interest rate significantly, which really snatched a group of customers, and raised the market share of Bilbao Vizcaya Bank in South America to a higher level.
The only thing that made Brooke Gaskell sad was that the domestic headquarters knew that his side was developing rapidly and directly transferred 1.5 billion US dollars of liquidity.
If the 1.5 billion US dollars of funds are not transferred, he is confident that he will increase the loan market share of Bilbao Vizcay Bank a lot~www.readwn.com~ Work is going well, Brooke Gascoll Naturally have more time to relax yourself. He also picked up the sea fishing skills that he hadn't practiced for many years. For this reason, he bought a few pairs of sea rods with higher technological content, and often fished and held parties at sea on his private yacht.
"It looks like this grouper must be at least fifty pounds, definitely the biggest grouper I've caught this year."
"Haha, Jack, hurry up and help!" After a fierce tug, as the fishing line was continuously retracted, a huge grouper finally surfaced. After seeing the size of the grouper, Brooke Gasko You couldn't help being overjoyed, and hurriedly yelled.
And the assistant beside him immediately took the tool and found the opportunity to hit it with one blow, hooking the big grouper up.
"Take my camera and take a picture of me, I have to take a picture!" After unhooking the fishhook, Brooke Gascoll, who was still panting, laughed loudly. The smile on his face was endless. brilliant.
at this time. Brooke Gaskell's secretary walked out quickly from the inner cabin of the yacht, holding a satellite version of Motorola mobile phone in his hand, with a look of panic on his face.
"President, there is some bad news." Brooke Gaskel, who had been cheerfully preparing to take a photo, frowned, and said unhappily, "I'll talk about it after I finish taking the photo."
"President, it's really urgent. We have to go back immediately. We just received a call from President York of Argentina. Coca-Cola wants to withdraw all the 520 million US dollars deposited in our bank, but President York can't get the money! "The secretary said the information in one breath.
"What?"
"Bang!" Accompanied by Brooke Gaskell's astonishment, was the sound of the grouper slamming heavily on the deck.
The other people on the yacht also fell silent instantly...
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