"Let York Gonzalo stabilize the Coca-Cola company immediately, and we will rush back immediately!" Brook Gaskell gave an order, and everyone on the yacht performed their duties, and the yacht immediately headed towards the coast at the maximum speed. The direction soared.
When Brooke Gascoll rushed to Buenos Aires, the capital of Argentina, it was already dark.
And his face was also gloomy. In the process of rushing. Luke Gaskell wasted no time and had been dispatching work remotely by phone.
In addition to communicating with York Gonzalo to understand the situation, he also personally called the presidents of various South American country branches to ask them to count the funds.
He had to prepare for the worst. Once he can't agree with Coca-Cola, in order to eliminate the negative impact, he can only withdraw the deposit of 520 million US dollars to Coca-Cola within a limited time. He needs to know what cards he has!
For such an American company in the world's top 500 field, not to mention him, the president of the South American region of the bank, even Saren Francisco must carefully consider the impact.
After all, if it is not handled properly, it is easy to cause huge damage to the credit and goodwill of Bilbao Vizcaya Bank.
Banks rely on credit and goodwill to make a living. If something goes wrong, it will easily lead to a business crisis.
…When we arrived at the Bank of Vizcaya building in Bilbao, the president of the Argentine branch, Jorque Gonzalo, was waiting at the entrance of the lobby.
When he saw Brooke Gaskell, he hurriedly greeted him, and immediately admitted his mistake.
"President Gascoll, I'm sorry that this happened." Brooke Gascoll didn't waste time reprimanding him, and after looking around, he hurriedly asked: "Where is the person in charge of Coca-Cola?"
"Edmund Langman is still in the living room on the second floor, and he is almost losing his patience." York Gonzalo said hastily.
"Take me there quickly." Before the words finished, Brooke Gaskell walked in hastily, and York Gonzalo quickly caught up and led the way.
Soon, they came to the living room on the second floor, and saw Edmund Longman, who was looking impatient inside, and the latter also saw a group of people who came in.
"Mr. Langman, I'm sorry to keep you waiting. This is Mr. Brooke Gascoll, the president of our bank's South American region." After York Gonzalo's introduction, Brooke Gascoll offered his hand , and greeted with a warm smile: "Mr. Longman, it is a great honor to meet you. I would like to extend my sincere apologies to you for making you wait so long." His unhappiness finally disappeared, he showed a professional smile, shook hands with him and said very officially: "President Gascoll, hello, since you have arrived and it is not too early, then I will talk about things directly."
"I hope to be able to transfer all the deposits of 520 million U.S. dollars in the Bank of Biscay, Bilbao. Tomorrow afternoon, I hope to complete all the procedures and get the money." Brooke Gascoll looked straight and asked hastily: "Mr. Langman, is it because we did not do well in the acquisition assistance we agreed with your company before? That's why you made this decision?"
"Can you give us another chance?" Edmund Langman shook his head and said mercilessly: "President Gascoll, it's not for this reason. In fact, I recognize the strength of your bank, but I'm sorry, this decision is It was issued by the head office."
"The head office's investment plan in Argentina is temporarily on hold, and all funds have to be withdrawn to the United States. I have fought with the head office, but I can't change the result. I hope you don't make it difficult for me."
"Mr. Longman..." Brooke Gaskell wanted to fight again. But the conversation was interrupted by Edmund Longman, who glanced at the time on his watch and said, "President Gascoll, it's late, my family is still waiting for me to go home for dinner, The colleagues who came with me have to go home too, I’m leaving first, you don’t have to see us off.” After that, Edmund Longman walked directly towards the door with a few subordinates.
Brooke Gascoll, York Gonzalo and others hurriedly chased after them, still enduring negative emotions and persuading them with good words along the way, but they couldn't make Edmund Langman change his mind.
Until seeing Edmund Langman's vehicle go away. Brooke Gaskel clenched his fist and swung it violently, and finally couldn't help but swear: "mierda..." The other subordinates beside him suddenly slowed down their breathing a lot, for fear of getting burned.
"Gonzalo, prepare the funds!" After calming down a little, Brooke Gaskel said to York Gonzalo beside him with a gloomy face.
The latter shuddered a few times, and said bravely: "President Gaskol, I have asked the staff to make an emergency count. Currently, our liquidity in Argentina is less than 50 million U.S. dollars!"
"I need help from your side." Brooke Gascoll glared, and blurted out, "Why is there so little liquidity?" York Gonzalo hurriedly explained: "Our deposits rose sharply in January, before During the meeting, you asked our branches in various countries to speed up the turnover rate of funds, and we had to conduct assessments. It happened that many well-qualified companies had loan needs in the past two months, so we loaned out the funds."
"According to the previous communication with Coca-Cola, their investment and construction plan will last for one year, and the use of funds will be carried out in batches, so Coca-Cola's deposits are also within the scope of our loan funds."
"Besides, didn't you transfer 300 million US dollars to the headquarters more than 20 days ago?" This... words left Brooke Gascoll speechless, and it was true that York Gonzalo followed his instructions. .
As far as work alone is concerned, if Coca-Cola hadn't withdrawn money, he would still have to praise him for a job well done!
Therefore, he could only forcefully hold back the anger he wanted to get angry, which made him extremely uncomfortable. Seeing York Gonzalo looking at him helplessly, he could only take a deep breath and said, "Fortunately, I have already informed the branches in other countries on the way to ask them to count the liquidity situation."
"The funds will be remitted tomorrow." York Gonzalo breathed a sigh of relief, and hurriedly said, "Thank you, President."
"Okay, it's getting late, everyone, let's go home first." After that, Brooke Gaskell walked towards the car at the door, and he had to go home too. He had all the grouper he caught during the day Haven't enjoyed it yet!
Although I'm in a bad mood, it's the fruit of my own labor after all, so it can't be wasted, right? What's more, food can heal one's depressed mood.
It's just that Brook Gaskell didn't expect it. His idea of enjoying delicious food to adjust his mood completely fell through.
After he returned home, his subordinates from other countries reported on the phone one by one, causing him to almost have a nervous breakdown!
The liquidity of the Brazilian branch banking segment is only $61.42 million. The Columbia Bank division has only $46.27 million in liquidity.
The Bank of Chile segment has only $30.39 million in liquidity. The bank liquidity of the Peru branch is only US$24.36 million.
… Guyana Division Bank Liquidity is only $8.52 million. Count them all. The combined liquidity of the South American region of the Bank of Biscay in Bilbao is less than 300 million US dollars!
Compared with the total assets of Bilbao Biscay Bank in South America of US$26 billion, it is definitely a joke!
There is only a liquidity ratio of less than 1.15%. No one believes that this is the data of a top 100 international bank in the world.
Even with the 1.5 billion dollars transferred from the Spanish headquarters, the liquidity ratio is less than 7%!
These data directly made Brooke Gaskell lose his appetite completely. With red eyes, he urged the phone to learn more about the situation one by one.
And what he asked made him shudder. In the past two days, there have been large outflows of funds from bank branches in various countries. Except for a small number of loans, most of them are large withdrawals.
Although it is not as good as Coca-Cola's one-time withdrawal application of 520 million US dollars, but the withdrawal of deposits of 800,000 US dollars, 3 million US dollars, 6 million US dollars, and 10 million US dollars at every turn will lead to rapid consumption of funds~www. novelhall.com~ The loss of funds in these two days is as high as 4.4 billion US dollars! The reason why the presidents of the branches in various countries did not find out was that these withdrawals were not concentrated in a certain branch, but were distributed in branches in many cities in various countries, and they were all withdrawn by old customers of those branches.
Moreover, these customers have stated that they are only temporarily working capital and will transfer it back in the short term. When there is no quarterly meeting for the time being, the presidents of each sub-branch are not vigilant, and naturally they will not take the initiative to report the outflow of funds of their sub-branches immediately.
As a result, in just two days, Bank of Biscay, Bilbao had outflowed 4.4 billion in liquidity throughout South America, and Brooke Gascoll did not know about it.
If Coca-Cola hadn't demanded a withdrawal, Brooke Gaskell wouldn't have discovered it. wrong!
Combined with a series of behaviors of Coca-Cola, Brooke Gaskell felt that an impenetrable net had wrapped him up.
Ruined! Something big is going to happen!
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