Eight Hundred and Eighty-Two Chapters Barings Bank Thunderstorm

Although the United Kingdom and the United States are separated by an Atlantic Ocean, the influence of financial markets easily transcends space constraints.

News of the Philip Brothers takeover reached London, causing a huge stir.

Especially those who stand at the top of the UK, they understand the hidden meaning behind the appearance of the New York Chemical Bank.

For Barings Bank, it was huge bad news. Barit Barings almost fainted after hearing the news.

He seems to have seen the fate of Barings Bank, but he is helpless. No matter how he struggles, he can only watch Barings Bank sink deeper and deeper. This is the most painful!

If Barrett Baring's reaction is the biggest, then the second biggest reaction is none other than Jacob Rothier.

Inside the Rothschild family castle in the outskirts of London.

Jacob Rothier's face was so gloomy that it was like dripping water, and his anger, depression, and irritability were mixed together, which made his chest feel tight.

"Jacob, something has happened, we just have to face it."

Evelyn Rosier, who was sitting on the side, was annoyed in his heart, but after all, his strategy and tactics were not determined by him, so his emotions were not as strong as Jacob Rosir. With fists clenched and his chest rising and falling violently, he couldn't help worrying about his cousin's body.

Jacob Rothier took a deep breath and tried his best to calm himself down.

"I didn't expect that the Chinese boy would get involved with the Rockefeller family. Our plan seems to have failed."

"I always feel like this is all a conspiracy by that old guy from David Rockefeller, otherwise Philip Brothers would not be able to go all out against the Galaxy Fund for no reason."

Jacob Rothier's initial plan was to let Xia Yu conflict with the Rockefeller consortium or the Morgan consortium, and then he would take the opportunity to save Xia Yu from a slump, thus completing the control of Xia Yu, Xia Yu had to be right. They are grateful to Dade.

However, with the joint acquisition of Philip Brothers by Galaxy Fund and New York Chemical Bank, this means that the Jiuding Consortium and the Rockefeller Consortium are on the line, and they already have a certain foundation of common interests.

As long as David Rockefeller realizes the value of Xia Yu and the Jiuding Consortium, Jacob Rothier's plan will be almost impossible to achieve.

After all, New York is the site of the Rockefeller family and the Morgan consortium.

Zooming in to the entire United States, the Roshir family is not the opponent of the two. Even if there is a chance, the Roshir family will not be able to intervene.

So it makes sense for Jacob Rothier to admit that the plan failed.

Hearing Jacob Roshir's depressing words, Evelyn Roshir was equally helpless, he nodded in agreement and said, "It is impossible in a short time, the Jiuding Consortium is also involved in supporting the US Republican election, with the interests of the Rockefeller family. Consistently, with the strength shown by the Jiuding Consortium now, it is already qualified to establish a foothold in the United States."

"The financial strength shown by the Jiuding Consortium this time has absolutely shocked the entire Wall Street. Generally, financial institutions do not dare to take action easily, and a powerful consortium will not conflict with the Jiuding Consortium unless there is a major conflict of interest. The Jiuding Consortium has done too much, otherwise the Jiuding Consortium will develop very easily and rapidly in the United States in the next few years."

Evelyn Rothier came to a conclusion based on two points, the first is Xia Yu's strong capital, and the second is Xia Yu's ability in the financial market.

Capability and capital are two important factors for success in the financial field. When the two are combined, not many companies are willing to collide with the Jiuding Consortium.

Thinking about the fate of Philip Brothers, even if some institutions have ideas, they have to throw their hands at the mouse.

"Forget it, just keep an eye on it from the United States. We can only hope that the Chinese kid makes a fatal mistake, otherwise the chances are slim."

"Continue to maintain a friendly and cooperative relationship with him for the time being, and look for opportunities to act later."

"Now we still do our best to reap the benefits that can be obtained, and continue to drag it on. The value of copper futures and aluminum futures will fall, and Barings Bank is likely to survive."

"Evelyn, what do you think about it tomorrow?"

After pondering for a long time, Jacob Rothier said to Evelyn Rothier.

After thinking for a moment, Evelyn Rothier nodded slowly: "According to the current situation, this time period is almost the same. I will arrange it this afternoon, and start it early tomorrow morning!"

Jacob Rothier nodded slightly and said: "Okay, Evelyn, this matter is left to you, you must be cautious, if the Barings Bank collapses, I believe that there are definitely not a few people interested in it, our actions cannot be Another accident."

Evelyn Rothier looked firm and nodded heavily: "I know."

After chatting for a while, Evelyn Rothier quickly left the Rothier family castle.

Watching Evelyn Roshir's black luxury car drive out, for some reason, Jacob Roshir still felt a little uneasy, as if something bad was about to happen that he didn't know for the time being.

But thinking about it carefully, I can't be sure what it is.

Distraught at the thought, Jacob Rosier went straight to the flowerbed, picked up the watering can, filled it with water, and went to water the flowers to calm down.

It's a unique way for him to relax, and being in touch with nature will allow him to free himself and his mind will become clearer.

...

Early the next morning, a shocking news broke out suddenly and spread rapidly in the London financial market. Whether it is financial industry practitioners, or ordinary retail investors and savers, they became worried or anxious after learning the news.

I don't know who spread this news, and there is no definite evidence, but people who have heard it are willing to believe it subconsciously.

In fact, this news looks too real, like the news leaked by employees of Barings Bank.

The news includes detailed short-selling data from Barings Bank, as well as the amount of loss calculated based on the latest copper futures and aluminum futures prices - US$870 million!

And Barings Bank's total equity capital of 250 million pounds, according to the current exchange rate, converted into US dollars is only over 500 million US dollars.

That is to say, the actual assets of Barings Bank are about minus 370 million US dollars!

Barings Bank is about to go bankrupt!

It seems to be about to follow in the footsteps of Philip Brothers.

The tragic situation of Philip Brothers has been clearly stated by the British media. Barings Bank has suffered such a large loss that almost no one is optimistic that Barings Bank can survive.

In an instant, the stock of Barings Bank was smashed by a steady stream of selling orders.

But at this moment, no institution dares to acquire.

If you want to take over the Bank of Barings, in addition to the original debt, you have to carry another loss of at least 370 million US dollars. This loss is larger than that of Philip Brothers!

Moreover, Barings Bank is different from Philip Brothers. Barings Bank is essentially a commercial bank, facing more customers than Philip Brothers, and it is very difficult for customers to withdraw money.

Once a run occurs, the assets of Barings will be lost very quickly, and it will quickly enter a vicious circle.

Barings is riskier than the Philip brothers!

Faced with turbulent financial markets due to restlessness, the Bank of England has to step up.

The Bank of England immediately announced that it will launch a comprehensive investigation and will give the public a definitive answer within a week. The public is requested to remain patient enough.

While investors waited eagerly for news, George Berkeley moved.