American Fortune Life
Chapter 1347 Routine is not for everyone!
Under the raging financial turmoil, the assets of major banks have shrunk wildly. In order to meet the regulatory requirements for capital and avoid bankruptcy, major banks have begun to raise cash one after another, but most of them failed to do so.
Facing banks on the brink of bankruptcy, Britain became the first government in the West to carry out the so-called "bank nationalization" and began to inject capital into banks with government funds.
The pros and cons of the 'nationalization' of banks have not only sparked debate, most bankers are also very opposed to nationalization. Even Andy is worried that the government's capital injection will panic the bank's existing shareholders, fearing that their equity will be diluted. Not to mention other bankers.
Of course, the more important impact on the bankers themselves is that if they are forced to accept 'nationalization', the government will definitely impose restrictions on dividends and bonuses. Not only will their salaries be affected, but the banks they manage will also lose their independence. This is something that bank executives do not want to see.
Barclays had previously successfully acquired the related businesses of Lehman Brothers in the United States from Andy. Although it had a bright future, it became a strong competitor of the big Wall Street investment banks.
However, in the following time, the former Lehman Brothers investment bank team members left one after another, which greatly reduced the true value of this acquisition. What Barclays didn't know was that it was Andy Smith's Liberty City Investment Company that poached the original Lehman elite investment banking team. . .
The reason why Andy was sure that Barclays Bank would be rubbed on the floor honestly by him and accepted his investment plan of "the wool is on the sheep" with a smile is because his London men have always kept While shorting the Barclays stock price, keep an eye on collecting their information.
When I learned that Barclays needs to raise the capital ratio to 8% within this month, that is to say, it needs a total of 1.3 billion pounds of funding to resist the nationalization of the British government.
At the same time, it was learned from newspapers that the two major rivals of Barclays Bank, Royal Bank of Scotland and Lloyds Banking Group, have accepted state aid and started the process of localization. As a result, pressure is building on Barclays and the bank's management.
Andy officially came to the door and officially reaped the booty he had prepared for a long time under the serial pit!
In fact, at this time, there are really not many options left for Barclays Bank, unless the group of bank executives in the conference room accepts capital injection from the British government and accepts the reality of nationalization.
Then there is the risk of touching the legal red line to accept a total of more than 300 million pounds of "consulting fees" from the desert tycoons and those consultants.
Undoubtedly, although Andy Smith's investment is very frustrating, it just meets the requirements of Barclays Bank to increase the capital ratio. Not only the total cash flow has increased by 400 million pounds, but also high-quality mortgage assets of 1 billion pounds .
So from the very beginning, Andy controlled the rhythm of this game, and the investment negotiations went very smoothly. His Andy Smith investment can not only help Barclays with funds, but more importantly, he The influence brought by the name, the confidence of investors in the financial market!
His Andy Smith's influence in the capital market is not comparable to those rich desert tyrants!
"Papa--"
There was applause in the meeting room, and Andy Smith, who was smiling, and Robert Raymond, the president of Barclays Bank, who was also smiling, exchanged folders in their hands, and their hands were tightly held together.
"Mr. Smith, you are welcome to join the Barclays family, and I ask for your support in the future."
"Barclays is a great bank and it's an honor to be a part of it, thank you."
Looking at the two people shaking hands and talking with a smile, everyone in the conference room smiled, as if the previous unhappiness, unwillingness, and dissatisfaction had never existed. Amal looked at all this, and there was a feeling in his heart. It feels like being back at the United Nations and everyone wearing several masks.
There are no permanent enemies, nor permanent friends,
There is only eternal interest. Churchill's words may be the most appropriate commentary at this time.
"Welcome... Mr. Smith."
"thanks."
. . . . . .
With a bright smile on his face, Andy shook hands with the senior executives of Barclays present one by one. At the moment, the meeting room was full of joy, and the senior executives and directors lived in harmony.
From the warm applause in the meeting room to the moment Andy brought Amar, the assistant and the management team headed by the president of Barclays sat in the rest area chatting, waiting for the press conference to be held later, the incident happened suddenly and naturally Need to give the Fleet Street group of reporters time to arrive.
The CEO of Barclays Bank, John Valli, has been under a lot of pressure during this period. He just flew back from the middle and tried his best to get a life-saving second financing from the hands of those local tyrants. When he grows up, he can only run back to consult the decision of the board of directors. In front of Andy Smith, the new director, John Valli poured out his bitterness.
However, Andy is not interested in these bastard things at all. The reason why he entered Barclays Bank now is that the stock price of Barclays Bank rebounded. After the financial turmoil passed, the stock price of Barclays Bank recovered to At the original level, cash out. As for the power struggle of the board of directors and bank operations, he has no interest at all. As long as his interests are not touched and his shares are not diluted, he will assign a subordinate to be a mascot.
Where there is money, there are bankers.
As a banker who only pursues profit, the executives of Barclays Bank present are definitely among the best. While Andy's plan of "the wool comes from the sheep" successfully achieved its goal, it also made this group of Jing people Wake up, although Andy's method is shameless, but it is very simple, and it is also feasible to use it repeatedly.
So when CEO John Valli proposed that Andy invest billions more into Barclays Bank, and then sign a supplementary agreement to loan back to Andy at an ultra-low interest rate, and Andy then use this loan to invest in Barclays again. In the bank, Barclays Bank is responsible for all the interest and expenses incurred in this process, which can be paid to Andy in the form of consulting fees.
I have to say that the opponent's ability to draw inferences from one instance is really strong, and the tricks of wool on sheep are immediately learned and used by the opponent, but Andy knows better than anyone that this is a big pit for him to make money. But get in trouble.
When several senior executives of the bank, including President Robert Raymond, believed that this plan was very feasible and could directly solve the risk of being nationalized, the beautiful lawyer Amar, who was holding a coffee cup, put down the cup. With an elegant smile, he interrupted the sweet dreams of several people.
"According to the current UK Companies Act 1985, your method has "conspiracy to defraud and illegal financial assistance". Once implemented, you will definitely be held accountable.
Mr. Smith's investment in Barclays Bank is an investment completed with his own financial resources, not with Barclays Bank's financial resources, because Mr. Smith was not a shareholder of your bank before, so it is reasonable and legal, but now as a shareholder, if the shareholder's false capital contribution is verified , is a crime! "
"Ahem..."
Several bank executives, including President Robert Raymond, seemed to have been poured cold water on them. They coughed lightly in embarrassment, and they also looked squarely at the beautiful lawyer who had been by Andy's side all the time. No wonder a super-rich man like Andy Smith would bring her with him. It seems that she is not a vase, but really awesome!
After Amal finished explaining, a pair of beautiful eyes looked at Andy Smith, who had been upturned at the corners of his mouth, and his smile had not dissipated from beginning to end. He looked at his bright eyes, and saw appreciation and gratification from the other person's eyes. At this moment, Amal is considered I fully understand that her role is to endorse Andy's investment behavior.
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