Eight Hundred and Eighty-Sixth Chapter Assets Surge

When Barings Bank was taken over, Philip Brothers was acquired first on the American side.

The new Philip Brothers company has only two shareholders, the Galaxy Fund and the New York Chemical Bank.

Among them, Galaxy Fund holds 67.7% of the shares, and New York Chemical Bank holds 32.3% of the shares. Galaxy Fund still has absolute controlling rights.

The ability to retain absolute control is still due to the huge losses of Philip Brothers in the futures market. After the New York Chemical Bank replaced it with the equivalent of the equity of Coca-Cola Company worth $407 million, the replaced futures contract also Only 31.2 percent.

Then combined with the equity originally acquired by the two parties, after the asset integration equity was re-divided, it became the current result.

Of course, it is worth mentioning that the equity of Philip Brothers Company held by Galaxy Fund, except for the equity obtained after capital injection through futures contracts, was transferred from Jiuding Securities Company.

Although the two companies are both private companies of Xia Yu, the bonuses of employees of different companies are linked to the company's performance, so the brothers have to settle accounts. After Galaxy Fund paid part of the handling fee to Jiuding Securities Company, Toby · Moulton certainly had no objections.

Relying on shorting Philip Brothers, Jiuding Securities Company lost 827 million US dollars in the whole process, and now Toby Moulton is thinking about how to make reasonable use of this money to invest.

After the work of Jiuding Securities Co., Ltd. was over, Xia Yu focused on the Galaxy Fund.

Time passed slowly, and before you knew it, it was the end of August.

Throughout August, apart from the U.S. election and the clearing of futures and spot contracts that could affect Xia Yu's mind, the only thing worthy of his attention was the meeting in the mainland on August 26.

That meeting can be said to be another important node in the reform of the mainland, and it was determined to establish special economic zones in four cities including Pengcheng.

On the same day, Xia Yu also gave some instructions to his think tank in Xiangjiang.

August 31st.

Xia Yu's company finally emptied all copper and aluminum futures and spot contracts. Combined with the transcripts submitted by various companies and groups, Xia Yu finally knew all the results of the futures battle.

Among them, the copper market has gained a total of 2.311 billion US dollars, the futures market has achieved a higher profit, reaching US$ 1.287 billion, and the spot market has gained 1.24 billion US dollars.

The aluminum market’s revenue far exceeded that of the copper market, with a total of US$3.637 billion, of which the aluminum futures market achieved US$1.462 billion, and the spot market’s book income was 2.175 billion. Dollar.

The copper and aluminum markets totaled $5.948 billion in paper gains and are on the verge of breaking through the $6 billion mark.

However, these are only paper gains, and in fact there is not so much liquidity.

The reason is that a large number of futures contracts are used for hedging with Philip Brothers and Barings Bank, which has essentially become the equity and assets of these two companies, and of course some of them have been replaced by the equity of Coca-Cola.

The working capital that really remained in Xia Yu's hands was US$4.11 billion.

Only Xia Yu knows these data, and each group and company only knows their own data.

And this money is not all in the United States. Except for less than one billion dollars in the United States, other funds have long since entered the international account in the process of trading with the next family, either in Swiss banks or transferred to Among the Jiuding Bank or Chiba Bank.

Xia Yu's assets soared again.

After reading all the data in the office, Xia Yu locked the transcripts in the safe, and then called a meeting with the senior management of the Galaxy Fund.

Five minutes later, in the conference room.

Xia Yu had a warm smile on his face, and his eyes swept across the faces of everyone. He saw Song Yang, Xue He and others all smiling and full of energy. From time to time, everyone looked at Xia Yu with reverence.

Xia Yu knew that this time, the global futures war had brought a transformation to these subordinates, and the overall situation and pressure resistance had been greatly improved.

"Clap!"

Seeing that everyone had arrived, Xia Yu applauded lightly, the meeting room was quiet for a moment, and everyone's eyes converged on him.

Xia Yu cleared his throat and said with a smile, "Okay, let's start the meeting now."

"The success of this operation is inseparable from your hard work. I see all of these in my eyes."

"Since I have meat to eat, I can't starve you. Everyone who is sitting here will receive a prize of no less than two million dollars this time!"

"thank you boss!"

"Follow the boss and have meat to eat!"

"Boss atmosphere!"

The crowd immediately cheered, with excited smiles on their faces.

Two million US dollars, converted into Hong Kong dollars, have more than nine million, and this is the minimum situation.

In addition to the bonuses of various investment projects before, this means that their bonuses this year are at least 10 million Hong Kong dollars. How can this not make them excited?

The boss really shot the atmosphere!

Xia Yu smiled and watched the crowd cheer.

He has already calculated an account. The bonus for this futures war is estimated to be about 60 million US dollars. This includes all employees, not just these executives sitting there.

But even 60 million US dollars is equivalent to about 1% of his gains this time.

His bonus ratio is already extremely low in the financial industry.

However, this is also a special case. After all, in the Galaxy Fund, Xue He, Song Yang and others are only senior employees, not partners of the company. Of course, the proportion of bonuses cannot be high.

If the proportion of the financial industry's constant commission is tens of percent, then Xia Yu will bleed a lot. Xue He and others take too much money, and it is easy to have extra thoughts.

Fortunately, the Galaxy Fund is in a special situation. Xue He and others also have self-awareness. They know that the most critical factor for victory is the boss, Xia Yu, and the credit is basically the boss. They just try their best to implement the boss's decision.

Furthermore, this action is not limited to the Galaxy Fund. They are all senior executives of the Galaxy Fund. At most, they know the income of the Galaxy Fund, but they do not know that Xia Yu has benefited nearly 6 billion US dollars.

After about two minutes, the meeting room was quiet again.

Xia Yu said again: "The bonus is still in accordance with the old rules. It will be distributed at one time at the end of the year. No one can hack the bonus that belongs to you. Those employees who join later may not know the situation, so you have to do a good job of explaining it. "

Hearing this, everyone nodded in unison.

"Then start the next meeting process now. There are two things that are very important to the company. Let's talk about the first one first."

"Song Yang."

Hearing the boss Xia Yu calling his name, Song Yang immediately sat up straight, bowed slightly to Xia Yu, then looked at the manuscript paper in his hand, and said aloud: "This futures war, our company has an additional subsidiary, that is Philip Brothers, according to the boss's instructions, the acquisition has not been completed, we still need to assist Philip Brothers to acquire a company, this company is familiar to everyone, it is Salomon Brothers."

"According to the latest investigation, although Salomon Brothers closed in time, it was too difficult to escape from the futures market in the later period, and it is currently on the verge of bankruptcy, but because the high-grade copper futures and aluminum futures markets show signs of decline, as long as Salomon Brothers carries on , there is a good chance of escape.”

"According to the boss's instructions, all difficulties must be resolved within one month, and Philip Brothers will acquire Salomon Brothers wholly-owned..."

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