Rebirth of the Financial Overlord

Türkiye Bankas, bank.

After Peng San left, William glanced at the signboard of the Bank of Turkey, and a trace of excitement and anticipation flashed in his eyes.

Unlike other countries, the full name of Turkish banks is Commercial Bank of Turkey.

It is the largest bank in Turkey and the first bank after its establishment. It ranks 96th among the world's 1,000 largest banks. The bank has $6.8 billion in Tier 1 capital, according to the Basel Bank for International Settlements.

Simply put, it is very rich.

This is pure nonsense.

As the largest commercial bank in Turkey, it is backed by Turkish state-owned capital, and the total assets of the bank are as high as hundreds of billions of dollars.

Rubbing his palms together, as if looking at an iconic and sexy Turkish beauty, William walked into the gate of the Turkish Bank with big strides.

"Hello, distinguished guest, welcome to come. Is there anything I can do for you?"

As described in "Millions of Pounds", people all over the world are blind to money and have a deep worship of capital and wealth.

As soon as William arrived at the bank, the manager on duty trotted over, with a disgustingly obsequious smile on his face.

All right.

In fact, it can’t be blamed on Halit Ergenc’s lack of dignity. William’s clothes are all tailor-made for him by Armani Company, and he still has hundreds of thousands of luxury watches in his hands. If any banker comes, I’m afraid he won’t perform well. Much better than Halit Ergenc where to go.

After some hypocritical politeness, William was welcomed into the bank's most exclusive VIP room, and when the milk tea was served, he straight to the point and explained the reason for his visit.

"Hello, I'm from the British Red Wolf Asset Management Company. I have a large business. I don't know if you are interested."

——

Ohio, Cleveland.

Barber Ponter leaned against the fireplace, a trace of nostalgia flashed in his dim eyes.

Maybe it's because people are old, they always think about the past.

Looking at the drizzle outside the window, his eyes were as melancholy as autumn rain.

One hundred years ago, Cleveland was famous for its steel and automobile manufacturing industries. Light industries such as oil refining, petrochemicals, metal processing, textiles, and food also had a considerable scale.

Even Rockefeller's Standard Oil Company was founded in Cleveland.

In the second half of the 19th century, several wealthy locals in Cleveland jointly formed the Cleveland Group, allied with Rockefeller and Mellon, and used the rich coal and iron ore resources to start the steel industry. The huge profits they obtained were used by banks to develop the railway and rubber industries.

After World War I, the consortium became the eighth largest consortium in the United States. After World War II, with further development, it rose to the sixth largest consortium in the United States.

Controls four of the ten largest U.S. steel companies: Republic Steel, Lex-Youngston, Armcor Steel, and National Steel. And the two largest rubber companies in the United States: Goodyear Tire \u0026 Rubber Company and Firestone Tire \u0026 Rubber Company.

The Ponte family is one of the major shareholders of the Cleveland Group.

At that time, the Ponte family was extremely brilliant, owning tens of thousands of acres of private estates and inexhaustible wealth for eternity.

But all this changed after Barber Ponte accepted the family business.

finance!

Damn finance.

Thinking of the decline of the family business in his hands, Bobpont couldn't help but cursed in his heart.

Because, from Cleveland to the decline of the Ponter family's steel industry, they are all inseparable from finance.

When it comes to the U.S. steel industry, even in the era when Mellon, Rockefeller and the Cleveland Group monopolized steel, there is no one person.

Andrew Carnegie, known as the "Steel King".

At the age of 29, after the Civil War ended, Carnegie bought many of the latest steel production patents from Europe with a unique vision. He and his partners erected the largest steelmaking furnace in the United States at the time in the steel factory he founded.

In just ten years, Carnegie and his younger brother jointly established the Carnegie Brothers Company, whose annual steel production accounts for one-seventh of the United States.

As a result, Carnegie gradually became the leading steel giant in the United States, and those steel companies that were in crisis due to poor management were annexed by him one after another.

But at that time, the Cleveland Group was still the overlord of the steel industry.

It was only in 1901 that all this began to change.

In this year, the United States Steel Company, which now has a powerful influence in the world, was established, and this company was formed by the merger of Carnegie Steel Company and Morgan's United Steel Company.

It was also the beginning of that year that Cleveland's dominance in the US steel industry was gradually weakened.

finance.

A concept that Barber Ponte has yet to fully understand.

Steel futures, steel options, forward contracts, credit defaults.

Even though he has taken over the family business for 20 years, up to now, Barbour still can't figure out how these things took away the monopoly of the family business and made U.S. Steel the absolute overlord.

Damn financiers.

A bunch of bastards who don't do production but only know how to rob.

Why!

Thinking of the word finance, Barber sighed helplessly.

Over the years, in order to understand what finance is, he invested in Stephen Ann's fund. At first, he did make a lot of money for the Ponte family and reduced the operational risk a lot.

But over the years, that damn bastard has lost a lot of money.

If it weren't for the ten years of friendship, he really wanted to blow that guy's balls.

ding ding ding——

The phone rang unexpectedly, and Barbour had no choice but to put away his meaningless resentment and picked up the phone.

"Barbour, my friend, I'm sorry to call you back now. Before this, I was in Brazil and Vale talking about cooperation. I just arrived in San Francisco. You know, there is no phone signal there."

"Oh, James. That's all right. I suppose your butler has told you all."

"Yes. But are you sure it's all true? I think you know better than me that those damn financiers are always full of lies, and financial giants like Shen Jiannan are completely bastards."

"James. You may not be aware that my fund manager paid three million dollars for a lunch with Shen Jiannan."

"Walter? Three million dollars for lunch?"

"It's like this. Not long ago, Shen Jiannan donated a lunch at Linton Hills, and the winning bidder had three hours to have lunch with him. My fund manager is a very smart guy, and he saw the opportunity to make a fortune. Chance."

"I see what you mean, but I mean, how can this kind of financial giant leak something so important?"

"Oh. You probably don't know, they drank a lot of alcohol, stronger than whiskey, six bottles. And, I think he has a very good point."

"."

"."

"Barber, I trust your judgment, but 30 million dollars is a lot of money, and I need a little time to prepare."

"No problem. But James, I think you also understand the importance of this news. Before we make money, you must keep it secret."

"certainly."

San Francisco.

James James Martin hung up the phone and thought for a long time.

After calling in a consultant for a consultation, he completely believed Barber Ponte's words.

However, 30 million US dollars is not a small amount. This transaction with Vale requires a large amount of funds. Where can I get the money.

After thinking for a while, Martin picked up the phone and dialed his partner.

,