Rebirth of Hong Kong 1981

   Chapter 664 Credit Crisis

   "Chen, come, let me introduce you, this is Mr. George, Chairman of Lloyds Bank."

   An old western man in his fifties or sixties, after Charles introduced him, he stretched out his hand and smiled at Yang Chen: "Hello, Mr. Yang Chen, on behalf of Lloyds Bank, I welcome you."

  Yang Chen: "Hello, Mr. George, nice to meet you."

  After the two greeted, Prince Charles said, "Mr. George, I have brought you some people. If you have anything to do, you can talk about it as soon as possible. Chen and I have something else to do later."

  George: "Don't worry, His Royal Highness, I only take ten minutes of Mr. Yang Chen's time."

   "Chen, take good control." Charles patted Yang Chen's shoulder and walked towards the crowd.

  Yang Chen glanced at the little old man in front of him, and he had some guesses in his heart. After Prince Charles left, he didn't immediately ask.

   "Mr. Yang Chen, let's chat in a quieter place, how about you?"

   Yang Chen nodded and said, "Mr. George, lead the way."

  The reception was in a quiet corner. After chatting with Yang Chen for a while, George asked directly, "Mr. Yang Chen, you must already know the reason why I came to you. I wonder if Mr. Yang Chen is interested in this?"

   Yang Chen pretended to be puzzled: "George, I'm not God, how could I know the reason why you came to me, to be honest, I'm very confused about what you're looking for from me."

   "Uh..." George was stunned when he heard the words, and took a closer look at Yang Chen. Seeing that he didn't seem to be pretending to be confused, he couldn't help but say, "Didn't Prince Charles tell Mr. Yang Chen beforehand?"

   "I only arrived in London from Saudi Arabia at noon today, and I came here because of the invitation of Prince Charles."

  George: "…"

   This is embarrassing.

   Originally he thought that what happened today, Prince Charles has already told the other party.

  I didn't think about it, the other party didn't know at all.

  'What the hell?' George wanted to curse.

   Just as George hesitated.

   Yang Chen changed the subject and said, "I heard Angela say that Lloyds Bank intends to raise funds from the market."

  …

   After ten minutes, Yang Chen got up and left.

   He really did not think that the troubles of Lloyds Bank would be so complicated, but he was relieved when he thought about a Latin American debt crisis, which caused the Latin American countries with rapid economic growth to inflation until the 21st century.

   During World War II, Latin American countries were not involved in too much war quagmire, and some countries even made war fortunes.

  From the period of World War II until the end of World War II, the economies of Latin American countries have been developing rapidly. If it were not for the oil crisis, there would not be a debt crisis in Latin American countries.

   The predicament of Lloyds Bank is not an isolated case. In fact, many British banks, including banks in other European countries, are deeply involved.

  The reason why George asked Prince Charles to invite Yang Chen over was to use his hand to get rid of the predicament he was currently facing.

   "Chen, how are things going?" Seeing that Yang Chen and George had finished talking, Prince Charles immediately came over.

   "Not so much" Yang Chen shook his head.

  Prince Charles was stunned when he heard the words, and he didn't understand what Yang Chen meant.

   Yang Chen raised his eyelids, looked at Prince Charles and asked, "Is the royal family not interested in Lloyds Bank?"

  Prince Charles embarrassed: "How should I put it, if Lloyds Bank really can't support it, the government will take action to absorb some stocks. Now Lloyds Bank is caught in the quagmire of the Latin American debt crisis, and everyone has no confidence in it."

  Yes, not only the market has no confidence in Lloyds Bank, but also the royal family has no confidence in it. The royal family has money, but it will not help the capitalists.

   Besides, Lloyds is not the only bank that has been deeply affected by the Latin American debt crisis, other British banks have also been affected more or less, and Lloyds is the most serious banking institution in the Latin American debt crisis.

   This is like a piece of cake on the table. Everyone wants to eat it, so there will be a lot of competition.

   But if there is not only one cake on the table, but several pieces, each of which is no smaller than Lloyds Bank, then everyone will hesitate and choose to eat.

  Otherwise, with the hundreds of years of Lloyds Bank’s heritage, everyone is not a fool, how can they not see that this is an excellent opportunity.

  Prince Charles thought for a while and said seriously: "Chen, if you want to establish a foothold in the UK, it is actually the best to have a bank like Lloyds behind you.

   In contrast, whether it is HSBC or Standard Chartered, the influence in the UK is far from comparable to that of Lloyds Bank. "

   Yang Chen said in surprise: "His Royal Highness has such confidence in me?"

   Prince Charles smiled and said, "It's not just me, it also includes Hassar, Eliza, Angela and the others."

   Yang Chen raised his head and looked at Eliza who had been looking back at him not far away, and grinned, "No, Eliza doesn't count, she's actually a silly girl."

  Prince Charles rolled his eyes at him, and said quite depressedly: "That's right in front of you."

  Yang Chen shrugged, pondered for a while, and said seriously: "That is to say, even if Lloyds Bank can't raise funds, the British government will try to save it, right?"

Prince Charles: "Yes, a bank like Lloyds that has been passed down for hundreds of years, the government will not allow it to fail under any circumstances, unless the internal management of the bank is really ugly, otherwise the government will never sit idly by ."

   "Now Lloyds Bank is just a short-term trust crisis caused by the Latin American debt crisis. There is no problem within Lloyds Bank itself..."

  Yang Chen: "Then why didn't Mr. George go directly to the government for assistance? If the government comes forward, the crisis of confidence in Lloyds Bank will be lifted immediately."

  Prince Charles: "First, there are many British banks that are deeply involved in the Latin American debt crisis. It is impossible for the government to come up with money to rescue them immediately. The funds involved are too large, and even the government does not dare to rashly."

   "Secondly, Lloyds belongs to a private bank. Those whose shareholders are also unwilling to have a government are the best way to intervene in the internal affairs of the bank, re-absorb shareholders and tide over the crisis."

   "I heard that you are planning to invest in Australia next. Lloyds Bank is also not weak in Australia, and may be able to provide you with a little help."

   After listening to Prince Charles' words, Yang Chen nodded indifferently, and did not reveal his true thoughts.

   Passive and active, the fool can clearly tell which side takes advantage. If he behaves too urgently, Yuan Tianfan and Lloyd will inevitably suffer losses when negotiating.

   Delay for a while, wait until he leaves, and then send Yuan Tianfan to come forward, maybe there will be unexpected gains at that time.

  A hot face can't stick to a cold butt.

   Otherwise, the arrogance of the English will strike again.

  ——

   (end of this chapter)