The Rebirth of the Financial Hegemon

“George, do you know where this Jushi Capital came from?

Why do so many banks choose us, Standard Chartered, to purchase this credit default swap? "

"Mr. Li, are you doubting my professional principles?"

Standard Chartered Hong Kong Headquarters.

A commercial investigation team organized by Standard Chartered Group is conducting a routine commercial investigation into George King.

This investigation has caused constant friction between the two parties.

From George King's point of view, everything he did was in compliance with regulations, and the starting point was also for the bank's profits.

He followed all procedures as required.

From the risk rating to the final decision, all were approved by top management at all levels.

But now, he has become the object of suspicion.

However, the investigation team also has its reasons.

The timing of Jushi Capital’s credit default swap purchase was too coincidental.

It’s almost as good as buying the highest point in Thailand’s house price index.

The investigation team has reason to suspect that there may be insider trading.

Although the possibility is so slight that it can be ignored.

But when it comes to Standard Chartered's life and death, how can the major shareholders behind it let go of any clues.

Standard Chartered ranks among the top 500 companies in the World Bank rankings.

Every year, Standard Chartered creates hundreds of millions of dollars in profits for all shareholders.

That's not all.

The company's board of directors is already preparing to operate Standard Chartered's IPO in Hong Kong.

If Standard Chartered can successfully list in Hong Kong in the future, then as long as it operates well, it is not impossible to have returns of dozens or hundreds of times in the future.

But now, the listing plan has just been drawn up, and this kind of thing suddenly occurs.

Not to mention the returns will be dozens of times or hundreds of times in the future.

If Standard Chartered were to pay insurance premiums according to the credit default swap contract, there would be no other outcome besides bankruptcy and liquidation.

The leader of the investigation team is Li Canong, a representative of Temasek Group.

Although in terms of losses, Temasek cannot suffer greater losses than Qiu Jia Malay Capital and Bao Jia Global International Financial.

But if we talk about resentment, Temasek is the angriest.

A few years ago, the shipping king Bao Yugang passed away.

This means the end of an era.

Because the Bao family did not have any outstanding financial heirs, almost all of the Bao family's properties were entrusted to trust companies.

This is a good opportunity for Temasek, which has long wanted to swallow up Standard Chartered.

The Qiu family and the Bao family are family friends. Even if they want to take away the shares in the Bao family's hands, they can't be too blatant.

In this case, it is entirely possible for Temasek to defeat Black Rock Capital and obtain the 14% stake in the Bao family.

By then, Temasek will surpass the Qiu family and become the largest shareholder of Standard Chartered.

When Standard Chartered is listed in Hong Kong in the future, Temasek will become the biggest beneficiary.

This is a strategic plan that Temasek Group has been undertaking since the death of the shipping king.

The Qiu family's status in Singapore may threaten the Li family's dominance.

If this strategic plan can be completed, the Li family will completely overwhelm the Qiu family in terms of strength.

This plan is related to the Li family's future rule of Singapore and is a family's century-old plan.

But now some Jushi Capital popped up out of nowhere and took over Standard Deal. How could the Li family be willing to accept it?

As a member of the Li family, how could Farmer Li not be annoyed.

He even suspected that this time it might be a deliberate trap set by the Qiu family.

The Li family and the Qiu family have always been inseparable in the political and business circles of Southeast Asia.

But as a descendant of a political family like the Li family, Li Caneong only believes that there is nothing in the world that interests cannot change.

Li Shimin, the ancestor of the Li family, would kill his brothers for power.

The political and business marriage interests of the Qiu family are bound to each other. No matter how close they are, they cannot be closer than brothers.

Li Zhuanong felt that if he had a way to kick the Qiu family out of Zhida, he would do so without hesitation.

As long as Standard Chartered can be successfully listed in the future, it will not be surprising to push Standard Chartered to hundreds of billions of dollars through some operations.

Who wouldn't be tempted by this kind of wealth?

What do my parents and my mother mean in front of this kind of wealth?

Judge others by yourself, compare your heart to your heart

Therefore, Li Zhanong's suspicion is not unreasonable.

When it comes to finance, not many people are more proficient than the Qiu family.

Since the 1930s, Qiu Debiao has been engaged in banking business.

Later, he took control of the largest Malaysian bank in Malaysia.

How could the Qiu family not know what risks and hidden dangers there were in a bank that had been operating for decades?

However, the Qiu family, who had been running banks for decades, did not realize that there might be problems with the credit default swap.

This gave Li Zhuanong reason to believe that maybe the credit swap was concocted by the Qiu family.

That contract was so professional.

He was so professional that Li Zhuanong felt confused when he saw the insurance contract.

How could such a professional contract not be noticed by the Qiu family if it was not created by the Qiu family?

If the Qiu family had noticed that level of professionalism, how could they not have imagined that it might be a big pitfall.

But how could Farmer Li know that this trap was caused by a super cheat sneezing casually?

I came to Standard Chartered simply because of Standard Chartered’s global chain.

The investigation continues.

Amidst George King's undisguised anger, Li Cane Farmer also realized that there was something wrong with his words.

George King is an Englishman and an ancient British aristocrat.

This kind of person, in the words of Li Zhuanong, is a little bit brainless.

Under normal circumstances, this kind of guy with a bad mind would value credibility and glory very much.

Li Canong's last words were simply the greatest insult to people like George Jin.

Even though that was what he was thinking in his heart, it would not be the case if he put it on the surface.

After realizing this, Li Zhanong quickly defended.

"George, don't get me wrong. I didn't mean that. I just wanted to know the background of Jushi Capital and see if I could find any clues in it. Don't you think this is too coincidental?"

do not mean that?

It doesn’t mean that or something.

George Jin had the urge to greet Li Cane Farmer's mother.

As an aristocratic gentleman, he was actually suspected of conspiring to commit theft, which made George King feel a great humiliation.

Even more humiliating than stamping his face into the ground and leaving a few shoe prints.

However, George King was a very cultivated nobleman after all.

He also understood that if he didn't explain the problem clearly, he would definitely not be able to live in peace.

"Mr. Li, I don't think this is a coincidence. This is an operational risk, a systemic risk in the banking industry that can only be reduced but cannot be avoided.

Of course, I know if I tell you this, you will only think that I am shirking my responsibility. So I don't want to say anything more.

As for the background of Jushi Capital you asked about, I think you have checked everything you can. If there is anything else you don’t know, I think it may be just a little bit. "

George Jin’s words made Cane Farmer Li feel embarrassed.

He could hear the irony in George King's words.

In any industry, there are systemic risks, which are unavoidable risks.

No matter how strict the risk control process is, it is impossible to prevent the occurrence of risks.

The difference is just the size of the risk.

However, just now, Li Caneong used a coincidence.

That only proves Li Caneong's superficiality.

Li Caneong was a little disappointed.

If this matter is all a matter of business risk, then there is nothing anyone can do.

However, after hearing George King's last words, Li Cane Farmer became filled with infinite hope.

As George King said.

Before receiving the news before arriving in Hong Kong, the Li family had already conducted an investigation into the background of Jushi Capital.

But nothing gained.

A common international capital operation model, Jushi Capital is registered in an offshore international financial center, and its investors include people from European and Asian countries.

This kind of thing has no value at all.

Now, George King said there was something they didn't know.

Li Canong asked quickly.

"Which point are you talking about?"

"The actual controller of Jushi Capital is Chinese. If I remember correctly, it seems to be Ludao City in Southeast China."