A wealthy family from Hong Kong Island conquers two beauties, four stunning beauties and ten beautie

Chapter 0099 The banker goes bankrupt and the brothers are at war!

The banker brothers are desperate.

Equally fearful are banks of all sizes in Hong Kong.

Throughout 1983, I don’t know how many banks were hit by thunderstorms.

In October 1983, Sun Hung Kai Bank, founded by the famous Hong Kong businessman Feng Jingxi, suffered a run and had to sell more than half of its shares to Middle East Arab Bank and changed its name to Hong Kong Bank. Later, it changed hands and became Fubon Bank.

Another bank with close ties to overseas trust banks, K. Wah Bank, was founded by the well-known businessman Lin Zifeng. It was later sold to the Liu Cansong family, an overseas Chinese businessman in Singapore. It was also in crisis at the time. In 1986, it received a capital injection from Huaxia International Trust and Investment Company to avert the danger.. Twelve years later, Ka Wah Bank changed its name to China CITIC Bank (International).

There are also other banks, such as Wing On Bank, Union Bank, Conifer Bank, etc., which have encountered crises of varying degrees.

In short, this crisis lasted for several years and was completely subsided in the 1990s, leading to a major reshuffle of the entire Xiangjiang Bank ecosystem.

To put it more bluntly, it is.

These banks themselves have problems, and they have been too unscrupulous in their expansion.

During the expansion, there was no supervision.

This also led to them racing all the way, and then unable to stop the”670″ car. When the economic crisis occurred, they rolled directly into the ravine.

If they really had no financial problems, they wouldn’t be defeated by Lin Fei’s casual news.

The most important thing is the system problem.

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

Previously, Xiangjiang had always adopted an”active non-intervention” economic policy, with the government rarely intervening in the market.

But when the banking industry began to experience problems one after another, the Xiangjiang government understood that if it really did not intervene, they would die on the spot for you to see.

Subsequently, the Hong Kong government began to legislate and must strengthen supervision to prevent risks. Therefore, in 1984, the Hong Kong government invited Richard Farland, the former managing director of the Hong Kong Monetary Authority, to come for an inspection. After more than a year of deliberation, the then Hong Kong Legislative Council passed the new”Banking Ordinance” on the third reading on May 29, 1986, which opened a new chapter for Hong Kong’s banking industry.

The most important item in the 1986 Banking Regulations is the restriction on bank capital adequacy ratios and liquid asset ratios.

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

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

It is worth mentioning that 8% is the globally accepted bank capital adequacy ratio stipulated in the Basel Agreement proposed by the Bank for International Settlements and came into effect on September 1, 1988. The Hong Kong standard is two years ahead of the world standard, and it is also It can be regarded as one of the performances of Xiangjiang’s financial industry leading the world.

Through the revision of the Banking Regulations in 1986, Hong Kong’s financial industry has been completely elevated to the international level.

However, now, Hong Kong’s banking business is still in chaos

《There is not even a shadow of the Banking Ordinance.

Even after the”Banking Regulations” came out, Hong Kong’s banks were in chaos for a while. Finally, it was only in the 1990s that they became completely stable.

Today I am going to kill the Overseas Trust Bank

“Here we go again.”

Li Jiacheng looked at the newspaper and couldn’t help but sigh.

This is the third time.

Lin Fei has used the same trick three times.

The banker was very lucky, and Lin Fei tied A. Twice.

This method is simple and direct.

The key is that it is really easy to use.

No matter how you promote it, there are so many types of newspapers that you can’t compare with the audience of TV stations.

Li Zeju couldn’t help but said:”Father, if Lin Fei does this, won’t anyone stop Lin Fei? Li

Jiacheng looked at Li Zeju and couldn’t help but ask:”Let me ask you, how to stop it, how to stop it?””

“this……”Li Zeju couldn’t answer for a while.

Li Jiacheng spoke slowly:”The contents of the report are all true, there is nothing false. This overseas trust bank has extremely serious check wheeling behavior. Do you think he made false reports?”

Li Ze was shaken. Shake his head.

Li Jiacheng continued:”Now TVB cannot defeat Lin Fei at all. Even if Overseas Trust Bank wants to fight back, how can its influence compare with Lin Fei?”

“Then, there is no way to go?”Li Zeju couldn’t help but ask.

“No way!”Li Jiacheng shrugged:”This Lin Fei, look at what he is doing now, communications, media, real estate, finance, he is almost forming his own system now, if he is really determined to deal with it For a company, ordinary people are really no match for him!”

Li Zeju couldn’t help but said:”Then……”

Li Jiacheng continued:”You don’t need to worry too much. To make iron, you need to be strong. Whether it is the previous Hang Lung Bank or the current Overseas Trust Bank, there are many problems in itself. Otherwise, they will not be able to You are so fragile, and you can’t fight back after being beaten by Lin Fei!”

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

“Otherwise, what do you think? Li Jiacheng said:”It was too smooth before, that’s why such a problem occurred. Lin Fei is also hitting the snake seven inches away!”

Li Zeju suddenly said:”Father, tell me, if Lin Fei really targets us, how should we respond?” Li

Jiacheng was stunned for a moment, and then said:”We are not that fragile. The cash flow in our hands is quite sufficient. In addition, our asset situation is also very healthy. If it really fails, HSBC will support us behind the scenes!””

“But, wouldn’t HSBC help Lin Fei?”Li Zeju asked

“Lin Fei’s previous victory over Hang Lung Bank wasn’t too exciting for HSBC! Li Jiacheng said:”But this time, if Lin Fei wins Overseas Trust Bank, do you think HSBC will support his opponent?”

Li Zeju pondered for a moment, and then said:”Indeed not!”

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

Speaking of this, Li Jiacheng was also slightly envious.

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

……

…… time flies.

Overseas Trust Bank eventually collapsed.

It lasted less than seven days. (To read exciting novels, go to Feilu Novel Network!)

Although Overseas Trust Bank is larger in scale than Hang Lung Bank, this mine is also more terrifying. The worms inside the bank are still more greedy than Hang Lung Bank.

Unscrupulous misappropriation of assets.

Moreover, it is still relying on the check wheel, which is collusion between internal and external parties………

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

Philippines

Banker Manor

When the news of the collapse of Overseas Trust Bank reached the ears of the banker brothers, both of them fell silent.

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

That feeling was just before the execution began, so hopeless.

But now that Overseas Trust Bank has gone bankrupt and liquidated, the two of them feel a sense of relief.

It means that all the wealth accumulated for most of my life is gone in one fell swoop.

The rest are some fixed assets, real estate, plantations, and some investment stocks.

After all, tens of millions are still available.

But, for their brothers, do they want tens of millions?

Both brothers have children. According to their luxurious life, their expenses will be in the millions this year.

Tens of millions will be spent in just a few years.

It is easy to go from frugality to luxury, but it is difficult to go from luxury to frugality.

As for asking them to start over and start a new business, that’s a joke.

They are all almost 70-year-old old men, how can they still have such ambitions?

Do you really think you are running for the leadership of the American emperor?

Zhuang Qingquan was silent for a long time, then suddenly jumped up and punched Zhuang Rongkun hard on the face:”It’s you, it’s all you, who asked you to report Lin Fei? It’s over, it’s over, now It’s all over!”

After receiving a punch, Zhuang Rongkun also became furious:”You hit me?”

Then he backhanded the two old men and twisted them together.

“Why do you want to offend Lin Fei?”

“Why the hell didn’t you stop me in the first place?”

The two of them fought together.

The scene was even more chaotic.

On one side, someone was shouting:”Stop, don’t fight anymore. Don’t fight anymore.””

……

……

Hong Kong, Central, Feilong Building, Feilong Group,

Lin Fei’s Office..

“The banker went bankrupt?”Lin Fei looked at the information Zhou Lu provided to him, but his face showed a half-smiling expression. 3.8:”Going 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 the other is overseas trust banks. Now that the two major banks have gone bankrupt one after another, they really have nothing!

Lin Fei closed the information in his hand and said with a smile:”The banker is completely useless!””

“In addition, Zhuang Qingquan and Zhuang Rongkun are still fighting a lawsuit and want to divide the family property. In addition, they both hope that the other party can bear more debts!”Zhou Lu continued:”Now the commotion in the Philippines is quite serious. In addition, there are reports that they started fighting on the spot!

Lin Fei shrugged and said nonchalantly:”The decline of the family is just like this. There is no need to worry about them!””

After a pause, Lin Fei smiled and said:”Call Lei Chao and Tan Wenning over. The most urgent thing we need to do is to get it from the Overseas Trust Bank from the Xiangjiang government!”

Zhou Lu nodded quickly.

Then, Lei Chao and Tan Wenning came to Lin Fei’s office one after another.

“The conditions are almost mature! Lin Fei looked at the two of them and said,”Let’s go have a good talk with the Hong Kong government and take over the Overseas Trust Bank completely!””.

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