v3 Chapter 882： Bahrain Bank Thunder

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

The news of the acquisition of Philip Brothers reached London and caused a huge shock.

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

For the Bank of Bahrain, it was a huge bad news. After Barit Bahrain learned the news, he almost fainted.

He seemed to see the fate of the Bank of Barings, but was helpless. No matter how struggling, he could only watch the Bank of Barings sink deeper and deeper. This was the most painful!

If Barrett Bahrain’s reaction is the greatest, then the second most reaction is none other than Jacob Rohill.

In the Rohill family castle near London.

Jacob Rohill's face was so gloomy that he was about to drip, and his heart was mixed with anger, depression, and irritability, making his chest panicked.

"Jacob, it has happened, we can only face it."

Even though Evelyn Roshir sitting on the side was very annoyed, he did not decide the strategy and tactics, so his mood was not as strong as Jacob Roshir. At this time, I saw Jacob Roshir. With clenched fists, his chest undulated violently, he couldn't help but worry about his cousin.

Jacob Rohill took a deep breath, trying to calm his emotions.

"Unexpectedly, that Chinese kid would get involved with the Rockefeller family. Our plan seems to have failed."

"I always feel that all this is like a conspiracy by the old guy David Rockefeller, otherwise the Phillips Brothers company would not be able to target the Galaxy Fund with all its strength for no reason."

Jacob Rohill’s initial plan was to make Xia Yu conflict with the Rockefeller Financial Group or the Morgan Financial Group, and then he could take the opportunity to save Xia Yu from the trough and thus complete control of Xia Yu. Xia Yu had to be right. They are grateful.

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

As long as David Rockefeller realizes the value of Xia Yu and the Jiuding Consortium, then Jacob Rohill's plan is almost impossible to realize.

After all, New York is the territory of the Rockefeller family and the Morgan consortium. When zoomed into the United States, the Rohill family is not an opponent of the two, and even if there is a chance, it cannot wait for the Rohill family to intervene.

Therefore, Jacob Rohill admits that the plan failed is justified.

Hearing Jacob Roshir’s depressed words, Evelyn Roshir was also helpless. He nodded in agreement and said: “It’s impossible in a short time. The Jiuding Consortium also participated in supporting the U.S. Republican elections and shared the interests of the Rockefeller family. Unanimously, with the strength demonstrated by the Jiuding Consortium, it is already qualified to gain a foothold in the United States."

"With the financial strength shown by the Jiuding Consortium this time, it absolutely shocked the entire Wall Street. Generally, financial institutions dare not take it lightly. 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 easily and rapidly in the United States in the next few years."

Evelyn Lowhill made 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 sector. Under the combination of the two, there are really not many companies willing to collide with the Jiuding Consortium.

Think about the fate of Philip Brothers, even if some organizations have ideas, they have to vote for the mouse.

"Forget it, the U.S. can just stare at it. I can only hope that the Chinese kid will make 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 are still trying our best to harvest the benefits that can be obtained. If we continue to drag it down, the value of copper futures and aluminum futures will fall, and the Bank of Barings is likely to survive."

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

Jacob Roshir said to Evelyn Roshir after pondering for a long time.

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

Jacob Rosier nodded slightly and said, "Okay, Evelyn, this matter is left to you. You must be cautious. If the Bank of Bahrain goes bankrupt, I believe that there are definitely not a few interested in it, and we cannot do anything. There is another accident."

Evelyn Rohill looked firm, and nodded hard: "I know."

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

Watching Evelyn Lowhill's black luxury car drive out, for some reason, Jacob Lowhill still feels a little uneasy in his heart, as if something bad is about to happen that he doesn't know for the time being.

But when I think about it, I can't determine what it is.

Feeling upset, Jacob Lowhill walked straight to the flower garden, picked up the spray can and filled it with water, and went to water the flowers to calm his mood.

This is a unique way for him to relax. Contact with nature can make him free himself and his mind will become more clear.

...

Early the next morning, a shocking news broke out suddenly and quickly spread in the London financial market. Whether it was a practitioner in the financial industry or ordinary retail investors or depositors, they became worried or anxious after learning the news.

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

In fact, this news seems too real, like the news leaked by the employees of Bahrain Bank.

In the news, there are detailed short-selling data of the Bank of Barings, as well as the loss amount calculated based on the latest copper futures and aluminum futures prices-870 million US dollars!

The Bank of Bahrain’s total own capital is 250 million pounds, which is just over half a billion dollars in U.S. dollars at the current exchange rate.

In other words, the actual assets of the Bank of Bahrain are approximately minus 370 million US dollars!

Bank of Bahrain is about to go bankrupt!

It seems that it will soon follow in the footsteps of Phillip Brothers.

The tragedy of Philip Brothers has been clearly explained by the British media. Barings Bank has suffered such a large loss, and almost no one is optimistic that Barings Bank can survive.

In an instant, the shares of the Bank of Barings were smashed by a steady stream of orders But at this moment, no institution dared to acquire it.

In order to take over the Bank of Barings, in addition to the original debt, another loss of at least 370 million U.S. dollars was required. This loss is larger than that of Philip Brothers!

Moreover, the Bank of Bahrain is different from Philip Brothers. The Bank of Bahrain is essentially a commercial bank. It faces more customers than Philip Brothers, and it is very difficult for customers to withdraw money.

Once a run occurs, Bahrain Bank’s assets will lose very quickly and quickly enter a vicious circle.

The risk of Bahrain Bank is greater than that of the Philip Brothers!

Faced with the turbulent financial market caused by anxiety, the Bank of England must come forward.

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

While investors waited eagerly for the news, George Berkeley moved.