Chapter 35： Under the financial war

Small banks can only choose to accept the royal family's actions. Between bankruptcy and selling, this is a choice everyone knows. Edel must now integrate these small banks in order to better serve the Romanian economy. Now they are working for foreign banks in these businesses, and they have not yet been able to withstand risks, which is why Edel must let them out.

The four major foreign banks are also quite satisfied with the royal family's moves. This has weakened Romania’s capital reserves and suppressed Romania’s national debt and currency even more fiercely. The foreign exchange and national debt markets were also bloody.

Edel leaned back in the chair, propped his head with his left hand, and listened lazily to Carust's report. "Now that we have invested 6 million pounds in the market, I believe that the four foreign banks will not be lower than ours. This financial war is coming to an end. Prime Minister Sturley asked us what step we should do."

Think of the stubborn old man who has not had a good rest for three days because of this financial war. Edel sat up straight for a moment, and said sternly. "Put all of our remaining funds into the market and defeat them in one fell swoop. For the foreign banks that messed up this time, the result..." Edel weighed it carefully and said with a sigh. "As long as they agree to abide by the bill, it will end."

Carust looked at Edel in front of him, from full control to helplessness. The body trembled involuntarily, and immediately answered. "I will reply to the Prime Minister immediately." The chief guard walked out of the room and closed the door gently. I heard a sentence from the room the moment I closed the door. "These **** powers."

At this moment, the four major foreign investors also felt that something was wrong. Romania's funds were too abundant, and the four responsible persons could only discuss the solution again.

"Where did these Romanians get the money?" The most anxious Tiromotov wore a mess of clothes. This time, he didn't even enter the door, and the voice was heard. Entering the door, Tyromotov saw that these three were no better than him, Mondric's eyes were red, and his hair had not been taken care of for a few days. As an English gentleman, Ellison even wore dirty clothes. Cromander was the most normal one, but his shoes were of different colors.

"I commissioned friends and colleagues yesterday to investigate the three major financial markets in Europe." Mondrick said with red eyes. Tiromotov frowned and was obviously dissatisfied with this sentence. "Now we need funds. If we don't have enough funds, this war will be half lost." Ellison said hoarsely. "Now we can only ask for help from the headquarters. If we can get half of the current funds, we can fight the battle." Like a red-eyed gambler, Tyromotov did not give up a chance.

There was a moment of silence in the room when he heard Tyromotov's words. If asking for help from the headquarters can be successful, they would have done so long ago. In the current financial crisis, it is too late for the head office to save the country, and it is estimated that it cannot prepare so much money to save them.

"Now you can grant the head office how much money, don't hide it now, you can go home if you lose. I will first report my 850,000 pounds." Ellison asked firmly.

"850,000 pounds."

"900,000 pounds."

"800,000 pounds."

Hearing the support funds from their respective head offices, Ellison seemed to have the strength to fight. "You can ask for help from the head office when you go back. It is expected that the funds will come in two or three days. We will stabilize in the market now, and then continue to suppress the funds when they arrive." Everyone also nodded in agreement. When they were about to go back and leave, the door was suddenly opened. Ellison's secretary came in, sweating and panting. "The Romanian government is aggressively attacking the market, and we are about to be unable to withstand it."

When people waited to hear the shocking news, they rushed to the stock market. At the Bucharest Stock Exchange, some of the carriages were not stable yet, and the people in the carriage jumped out of the carriage anxiously and walked in with a worried expression. Several people met Ellison's deputy in the trading room, and he was commanding traders with an anxious look to deal with the offensive of the Romanian government.

The deputy saw Ellison and his party and quickly walked over, speaking quickly about the current situation. "At around 1 o'clock this afternoon, the Romanian government entered the market with a large amount of money to support the foreign exchange and national debt markets that we suppressed. We calculated that this fund is 6 million pounds, and we have less than 4 million in our hands. Now the market Already eager to try, what should we do?"

Ellison frowned tightly and listened to the deputy's explanation. After listening, he turned his head and spoke to the other three. "Now we have no other way but to give it a try, otherwise we can't wait to retire." "Yes." Tiromotov and Mondrik both nodded in agreement. Only Cromander was the most entangled, and the task given to him by the head office could not be completed. Now he has the same mentality as stockholders of later generations, watching him get locked up, and he can't tell the distress in his heart The three of them looked at Cromander who hadn't expressed his opinion, and they all knew that he had withdrawn. Ellison walked up to him and persuaded him gently. "Cromander, no matter who we are, who caused so many losses to the bank, we will go out. This is the last chance. If we can't fight back today, we won't have a future."

Ellison's words seemed to cheer himself up, and turned his head to give orders to the trader. "Give me all the bills. Now let me suppress it." With Ellison's determination, the two sides in the exchange are fighting for you to come and I will be noisy. Everyone is staring at the fluctuations in the national debt and the exchange rate, trying to be able to Learn the inside story one step earlier than others.

Time passed in the fierce battle between the two sides. When there were still 30 minutes in the transaction time, another 3 million pounds of funds was smashed into the market by the Romanian government. Let the foreign banks that have been struggling to resist immediately collapse, and Ellison and others are also unable to recover. Small investors who have been watching the securities market immediately follow up. Fortunately, the time is not too much and the rise is barely large at the end of the transaction. rise.

After Ellison and others calmed down, they recalled that this was the result of the Romanian government not wanting to hit them too much, otherwise they would have surrendered at the beginning of the game. The four major foreign banks have not yet opened the next day and announced that they will abide by the Romanian Finance Act, and the deposit will be delivered to the Reserve Bank in three days. Sure enough, after the market opened, the stock market moved smoothly and finally ended with a slight rise.

In the next few days, Romania relied on the Reserve Bank to integrate small domestic banks into two large banks, namely the Romanian Construction Bank and the Romanian Agricultural Bank. Together with the integrated Industrial and Commercial Bank, these three domestic banks will be controlled by the government and the royal family. The controlled banks will gradually carve up the financial industry, and other small banks that are unwilling to merge will also disappear.