v3 Chapter 1147： Countermeasure

"Two, three hundred and ten million pounds."

As soon as this number came out, everyone couldn't help but frown.

According to the current data just mentioned by Evelyn Rohill, Barclays Bank now has total assets of 48 billion pounds.

And the working capital is only 2.31 billion pounds, which is equivalent to less than 5% of the working capital. This figure is undoubtedly polar.

Generally speaking, for large commercial banks in Europe and the United States, the ratio of liquidity to the total assets of the bank is best maintained between 10% and 15%. The specific amount varies with different banks.

Generally speaking, the current capital holdings of commercial banks must comply with three principles.

First, the principle of the appropriate amount of cash asset management.

This means that the total amount of bank cash assets must be maintained at an appropriate scale. This appropriate scale refers to the amount of cash assets determined by the functions and characteristics of the bank's cash assets under the premise of ensuring the liquidity of the bank's business process, and the bank's opportunity cost to maintain the cash assets is the lowest.

The principle of appropriate total amount is also the most important principle of commercial bank cash asset management.

Second, the principle of timely adjustment of cash assets.

This means that the bank should adjust the shortfall of funds in a timely manner according to the cash flow changes in the business process to ensure the appropriate scale of cash assets.

Third, the principle of safety assurance.

The cash assets of commercial banks mainly consist of their deposits and cash on hand in the central bank and interbank banks. Among them, cash on hand is a necessary payment turnover fund in the business operation of commercial banks, which is distributed in various branches of the bank. In the management of cash assets, especially cash on hand, banks will inevitably improve the safety and security system and strictly enforce business operating procedures to ensure the safety of funds.

To sum up the three principles, that is to make full use of bank funds while ensuring the safest possible bank operations!

If the bank has too much liquidity, at the end of the year when the savings rate is extremely high, the cost of the bank will be very high, and safety is safe, but a poor operation can easily lead to bank losses.

And families like the Lowhill family who have been in the banking industry for hundreds of years are undoubtedly very knowledgeable about operating banks, so they have always pursued high turnover and high profits.

In addition, the Rothschild family has a big business, and it is easier to mobilize funds. Therefore, the proportion of Barclays Bank's liquidity is less than 10%.

If it is under normal circumstances, it doesn't matter if it is less than 10%. With the prestige of the Rohill Family Consortium, it is easy to be able to revolve funds.

But at this time, Barclays Bank is still facing the dilemma of continuous loss of funds, and other banks are also in a quagmire, and they will definitely not turn to Barclays Bank.

Originally, the Rohill family had another financial pillar-the French Edmund Rohill Bank.

But this year, it was also nationalized by the French government. Now the French Edmond Rothschild Bank is still very weak and cannot support Barclays Bank.

There is only one way to go, and that is for them to find a way.

The simplest and most effective is two ways.

First, let Barclays sell its current assets, collect loans as much as possible, and withdraw funds from circulation.

Second, the Lowhill family mobilized the liquidity of the entire family and consortium to inject it into Barclays Bank, preventing Barclays Bank from being withdrawn by depositors until the funds dries up.

And Jacob Rohill summoned other branch leaders besides the American branch to come here for these two purposes.

Work together to overcome difficulties together!

Seeing everyone's ugly expressions, Jacob Rohill, who was sitting on the top, finally spoke.

"Everyone knows the situation. Now it has reached an extremely dangerous time. Barclays Bank is the core pillar of our family and we must do our best to keep it!"

"In the past nine days, Barclays Bank has only lost 1.55 billion pounds of assets. Although a lot, we have to realize that this is already a very good situation. I know that Evelyn is trying to stabilize Those big customers have spent a lot of energy."

"It can be said that 80% of the assets lost now come from ordinary depositors, otherwise it would not be so low!"

"But unfortunately, what has happened in Latin America these days is something we don't want to see. Latin America has a full-blown sovereign debt crisis."

"This means that starting from today, the crisis will be upgraded a few more levels!"

Hearing this, everyone nodded deeply.

And Evelyn Lowhill couldn't help saying: "Jacob is right. Since yesterday, our rate of capital loss has more than doubled from the previous month."

"More than 155 million pounds in cash was lost on the 12th, and 320 million pounds in cash on the 13th. Today is not over, but more than 280 million pounds in cash has been lost."

"Following this trend, I think I will go to the bank tomorrow and someone will report to me that today the bank lost 400 million pounds in cash!"

"If we continue to let it go, then with the current bank's liquidity, it will definitely not last a week and the funds will be broken!"

Edward Rohill, the eldest, immediately objected: "Selling is not a solution. Now countless eyes are watching us. Once we sell assets urgently, then we are sure that there is a problem with the bank's capital chain This will cause a huge panic. The rate at which we sell assets and withdraw funds cannot match the rate at which depositors withdraw funds."

"The best way is to contain it at the source and calm the mood of depositors."

Hearing this, Charles Rohill, who came from Xiangjiang, suddenly said: "I think I have a way to try."

Everyone looked at him in unison.

Charles Rohill took a deep breath and said: "Last year, Xiangjiang had a stock market crash and a large number of banks faced runs. Then, Jiuding Bank of Xiangjiang made an unprecedented move and visited the bank lobby with 1 billion Hong Kong dollars in cash."

"Although this kind of action is simple, crude and vulgar, it is undeniable that the effect is particularly good. On the same day, Jiuding Bank eliminated the run crisis."

"HSBC and Hang Seng Bank also imitated and eliminated the run crisis."

"We can refer to it and try this method."

Everyone's eyes lit up and they began to figure out.

Moments later, Evelyn Rohill, the president of Barclays Bank, shook his head and said: "This method is not suitable for us."

"Xiangjiang is just a small place, not as big as London, but the population density is very high, so Jiuding Bank only needs to place funds in the headquarters, and it will soon be able to spread the news, and it is also convenient for depositors to verify."

"But our banks are all over the UK. If we simply put cash in our London headquarters, even £2 billion will not eliminate the worries of depositors in other cities."

"And news spreads very slowly."

PS: No, I’m overworked every day for the past few days. Now my whole body is trembling, my body is weak, my hands and feet are sore, my throat is hot, my fingers are trembling all the time.

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