Chapter 0099 The dealer is bankrupt, and the brothers are on the wall!

The dealer brothers are desperate.

Equally fearful are the banks of all sizes in Hong Kong.

It is not known how many banks crashed throughout 1983.

In October 1983, Sun Hung Kai Bank, founded by the famous Hong Kong businessman Feng Jingxi, was run on and had to sell more than half of its shares to the Arab Bank in the Middle East, renamed Hong Kong Base Bank, and later changed hands to become Fubon Bank.

Another bank with close ties to overseas trust banks, founded by well-known businessman Lin Zifeng and later sold to the family of Liu Cansong, an overseas Chinese businessman in Xinjiapo, was also in crisis at that time, and in 1986, it was saved by the capital injection of Huaxia International Trust and Investment Company. Twelve years later, KWIH changed its name to China CITIC Bank International.

There are also some other banks, such as Yongan Bank, Youlian Bank, Kangnian Bank, etc., which have suffered from varying degrees of crisis.

In short, the crisis took several years and was not completely resolved until the 90s, which led to a major reshuffle of the entire Xiangjiang Bank ecosystem.

To put it more bluntly, it is.

These banks are problematic in their own right, and they are too brazen when it comes to expansion.

At the time of expansion, there was no regulation itself.

This also led to the fact that they were racing all the way, and then they couldn't stop the "six or seven zero" car, and when there was an economic crisis, they rolled directly into the ravine.

If they really didn't have any financial problems, they couldn't be defeated by Lin Fei's casual news.

The most important thing is the system.

In fact, after the collapse of Hang Lung Bank, the Hong Kong government realized that it needed to take action.

Previously, Heung Kong had adopted an economic policy of "active non-intervention" in the past, with the government rarely intervening in the market.

But when the banking industry began to have problems one after another, the Hong Kong government understood that if it really didn't intervene, they could die on the spot.

Subsequently, the Hong Kong government began to legislate, and it was necessary to strengthen supervision and prevent risks. So, in 1984, the Hong Kong government invited Richard Fran, the former managing director of the Hong Kong Monetary Authority, to visit him. After more than a year of deliberation, the then Legislative Council of Hong Kong passed the new Banking Ordinance on 29 May 1986, opening a new chapter in Hong Kong's banking industry.

One of the most important aspects of the Banking Ordinance 1986 is the imposition of restrictions on the capital adequacy ratio and the current asset ratio of banks.

The so-called capital adequacy ratio refers to the ratio of a bank's capital to risky assets.

The previous regulation was 5%, but Heung Kong took the lead in raising it to 8%.

It is worth mentioning that 8% is the global capital adequacy ratio stipulated in the Basel Accord proposed by the Bank for International Settlements on September 1, 1988, which is two years ahead of the world standard, and can be regarded as one of the world's leading performances of the Hong Kong financial industry.

Through the amendment of the Banking Regulations in 1986, the financial industry of Hong Kong was completely upgraded to an international level.

Now, however, the banking business in Hong Kong is still in chaos.

There is not even a shadow of the Banking Regulations.

Even when the "Banking Regulations" came out, the banks in Xiangjiang were in chaos for a while, and finally in the 90s, they were completely stabilized.

Today is to play the dead hand and play the overseas trust bank.

"Again"

Li Jiacheng looked at the newspaper, and his face couldn't help but let out an exclamation sound.

It's the third time.

With the same trick, Lin Fei had already used it three times.

The dealer was lucky and was tied twice by Lin Fei.

This trick is simple and straightforward.

The point is that it really works.

No matter how you publicize it, there are too many types of newspapers, and there is no way to compare them with TV stations.

The audience is large enough.

Li Zeju couldn't help but say, "Father, Lin Fei did this, wouldn't there be anyone to stop Lin Fei?"

Li Jiacheng looked at Li Zeju and couldn't help asking, "Let me ask you, how to stop it, how to stop it?"

"This ......," Li Zeju couldn't answer for a while.

Li Jiacheng said slowly: "The content of the report is true, there is no falsehood, this overseas trust bank has an extremely serious behavior of the check wheel, you say, did he make a false report?"

Li Zeju shook his head.

Li Jiacheng continued: "Now TVB can't beat Lin Fei at all, even if the Overseas Trust Bank wants to fight back, how can this influence be compared with Lin Fei?"

"Then, it's just no way?" Li Zeju couldn't help but ask.

"No problem!" Li Jiacheng shrugged: "This Lin Fei, look at what he is doing now, communications, media, real estate, finance, he is now almost self-contained, if he really deals with a company with iron heart, ordinary people are really not his opponents!"

Li Zeju couldn't help but say: "That ......"

Li Jiacheng continued: "You don't need to worry too much, you still need to be hard to strike iron, whether it is the previous Hang Lung Bank or the current overseas trust bank, there are many problems in themselves, otherwise, they would not be so vulnerable, and they will not be able to fight back by Lin Fei's news!"

Li Zeju said: "Father, you mean that the bank itself is a problem?"

"Otherwise, what do you think?" Li Jiacheng said: "It was too smooth sailing before, that's why there is such a problem, Lin Fei is also beating a snake and hitting seven inches!"

Li Zeju suddenly said: "Father, you say, if Lin Fei really aims at us, how will we deal with it?"

Li Jiacheng was stunned for a moment, and then said: "We are not so fragile, the cash flow in our hands is quite sufficient, in addition, our assets are also very healthy, it is really not good, and HSBC will support us behind it!"

"But, HSBC, won't it help Lin Fei?" asked Li Zeju.

"Lin Fei's previous win of Hang Lung Bank was not too stimulating for HSBC!" Li Jiacheng said: "However, this time, if Lin Fei wins the Overseas Trust Bank, do you think HSBC will support his opponent?"

Li Zeju groaned for a moment, and then said, "It really won't!"

Li Jiacheng said: "Look, Lin Fei will have a conflict with HSBC sooner or later!"

Speaking of which, Li Jiacheng was also slightly envious.

Now Lin Fei really has the strength to say no to HSBC.

......

......

Time passes.

Eventually, the Overseas Trust Bank collapsed.

It lasted less than seven days. (If you read a violent novel, go to Feilu Novel Network!)

Although the overseas trust bank is larger than Hang Lung Bank, this thunder is also more terrifying, and the moths inside the bank are still more greedy than Hang Lung Bank.

Reckless embezzlement of assets.

Moreover, it is still relying on the cheque wheel, which is internal and external collusion........

No one cares about the life or death of the bank, everyone just wants to quickly replenish their pockets.

Philippines

Banker's estate

When the news of the collapse of the overseas trust bank reached the ears of the bankers, both of them were silent.

Overseas trust banks are still there, and they are suffering all the time.

That feeling was despair before the execution began.

And now, the Overseas Trust Bank has gone bankrupt and liquidated, and the two of them have a sense of relief.

It is the family property that has accumulated most of his life

The biu was all gone.

The rest is a part of fixed assets, real estate, plantations, and some investment stocks.

There are still tens of millions.

However, for their brothers, is that what they want?

Both brothers have children and children, and according to their luxurious life, the annual expenses will be millions.

Tens of millions, that is, spent in a few years.

It is easy to go from thrift to luxury, and it is difficult to go from luxury to thrift.

As for getting them off to a new start, starting a new business, that's a joke.

They are all old men who are almost seventy years old, where is this ambition?

Do you really think it's the great commander of the US imperialists?

Zhuang Qingquan was silent for a long time, and then suddenly jumped up and landed a hard punch on Zhuang Rongkun's face: "It's you, it's all you, who told you to report Lin Fei?"

After being punched, Zhuang Rongkun was also furious: "You hit me?"

Then with a backhand, the two old men twisted together.

"Why did you offend Lin Fei?"

"Why the fuck didn't you stop me in the first place?"

The two of them fought together.

The scene was even more chaotic.

There were still people shouting: "Stop, don't fight anymore, don't fight anymore"

......

......

Hong Kong, Central, Feilong Building, Feilong Group,

Lin Fei Office..

"The dealer is bankrupt?" Lin Fei looked at the information Zhou Lu provided to him, but his face showed a smile 3.8: "Bankrupt so soon? I thought they would have to hold on for at least a while!"

Zhou Lu said: "Their main assets still come from Hang Lung Bank, and in addition, they are overseas trust banks. Now that the two major banks are going bankrupt one after another, they really have nothing left!"

Lin Fei closed the information in his hand and said with a smile: "The dealer is also completely wasted!"

"In addition, Zhuang Qingquan and Zhuang Rongkun are still fighting a lawsuit now, wanting to divide the family property, and in addition, they both hope that the other party can bear more debts!" Zhou Lu continued: "Now the trouble here in the Philippines is also quite serious, and in addition, there is also news that they are fighting on the spot!"

Lin Fei shrugged his shoulders and said indifferently: "The family decay is like this, you don't need to worry about them!"

After a pause, Lin Fei smiled and said: "Call Lei Chao and Qin Wenning over, the top priority, what we need to do most is to get it from the overseas trust bank here in the Xiangjiang government!"

Zhou Lu nodded quickly.

Subsequently, Lei Chao and Qin Wenning came to Lin Fei's office one after another.

"The conditions are almost ripe!" Lin Fei looked at the two and said, "Let's go and have a good talk with the Hong Kong government and completely win the Overseas Trust Bank!"

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like