Rebirth of the Strongest Tycoon

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"I must try every possible means to delay it. I will never give you money before the deadline. Even if you do give it, it will be given in batches..."

"boom!"

Saren Francisco almost roared and gave Brooke Gascoll a death order on the other end of the phone.

Then he hung up the phone and placed his palms heavily on the table with a loud bang.

The tingling sensation on his palm made Saren Francisco feel even more irritable.

But he knew that the only way to delay was to quench his thirst by drinking poison.

The crisis cannot be solved whether this money is given or not.

The impact has been amplified!

Bilbao Vizcaya's credibility has been pushed to the brink.

He must now ensure that the bank does not suffer a credibility crisis, otherwise it will be over!

Of course, he has to prepare for the worst. Once a credibility crisis does occur, the loss must be minimized...

Practitioners in the financial industry in South America all focus on the South American regional headquarters of Bilbao Vizcaya Bank.

Many reporters also gathered around like sharks smelling blood, and several times the microphone was almost shoved into Brooke Gascoll's mouth, which made him tired to deal with it.

Saren Francisco also urgently mobilized the entire bank to update the liquidity of various branches around the world in order to grasp the latest situation.

Due to the time difference, the statistics took nearly seven hours.

The statistical results really frightened Saren Francisco.

At present, the bank's total liquidity converted into US dollars is only 5.7 billion.

The reason why it is so low.

It's because the better-informed companies have heard the news and transferred some funds first to ensure the safety of the funds.

As a result, Bilbao Vizcaya Bank's banks in other regions also lost a lot of funds.

This amount of liquidity is already less than 10% of the bank's total assets!

This is very dangerous for one of the world's top commercial banks.

Only four people, including Saren Francisco, knew this data, and he warned his subordinates one by one to keep it secret.

Once exposed, the consequences will be disastrous.

not to mention.

He could fully imagine that at this time, many entrepreneurs around the world who knew the news were rushing to local banks to withdraw money.

Deposits at the Bilbao Vizcaya Bank are bound to continue to fall.

And this time.

News about the large-scale capital loss of Bilbao Vizcaya Bank and the run on its major customers finally spread widely.

CNN TV Network of the United States: The poor management of Bilbao Vizcaya, Spain's largest bank, has triggered a crisis of trust among depositors. According to an internal employee of the bank, depositors have withdrawn more than 8 billion US dollars in a few days... Coca-Cola Company is facing withdrawals Difficult issue, Coca-Cola CEO Donald Robert issued a warning to Bilbao Vizcaya Bank, claiming that if normal withdrawals cannot be made, legal proceedings will be taken...

British Clyde Broadcasting Corporation: Latest news: Spain's Bilbao Vizcaya Bank region took the lead in triggering a wave of bank runs, with large-scale capital losses and liquidity about to dry up...

Island TV: A crisis of trust among depositors broke out in Bilbao Vizcaya Bank in Spain. Many international companies faced difficulties in withdrawing money. Heads of state from many South American countries expressed concern...

Global TV: Spain's Bilbao Vizcaya Bank misappropriated depositors' temporary deposits on a large scale, triggering a crisis of trust among depositors. The bank's liquidity is less than 10%. If not handled properly, it can easily fall into a bankruptcy spiral...

…

Under Xia Yu's control, the negative news about Bilbao Vizcaya Bank in Spain was overwhelming, almost covering the whole world, which was only missing in some economically underdeveloped regions.

Various capitalist countries, especially countries with a large number of Bilbao Vizcaya Bank branches and businesses, are key areas for propaganda.

There is only one purpose, to kill Bilbao Vizcaya Bank.

And Xia Yu's goal was indeed achieved.

The negative impact was reflected in the Spanish stock market.

Bilbao Vizcaya's share price plummeted 15 points in half a day!

Affected by this, the entire bank stocks fell sharply, and the entire stock market fell by more than 3 points!

It can be seen from this that how profound the influence of Bilbao Vizcaya Bank is on Spain!

However, these scenes that neither the Spanish government nor investors wanted to see were exactly what Xia Yu wanted to see.

Taking advantage of the panic in the market, the team of the Xia Yu Consortium actually took the opportunity to acquire shares of some target companies.

Under various pressures.

Saren Francisco had to stand up and hold a press conference to deal with the media's difficulties.

But no matter how the media reporters asked, he said that Bilbao Vizcaya's finances are very healthy and there is no shortage of funds. The deposits of companies such as Coca-Cola will be withdrawn soon.

Although Bilbao Vizcaya Bank is being maliciously attacked, with the strength of their bank, they are not afraid of enemy attacks. All investors and customers should rest assured.

He also said very forcefully that he would sue the media that maliciously reported the incident, and he had entrusted the legal department to handle it.

When facing the media, Saren Francisco behaved very calmly and toughly.

But when he returned to the office, he couldn't bear it anymore and roared at his employees like a lion with explosive hair.

"What's going on with the situation of fund lending, depositors' withdrawals, and social surveys...?"

"Report the latest situation immediately!"

"Chairman, according to statistics from various branches, there are serious barriers to fund lending. No bank will lend to us, and they are still asking us for the original loan, and are even willing to give up the agreed interest..."

"Chairman, there are now bank runs all over the world. Many branches have reported that the queue for bank runs has reached one thousand meters long. Many branches have insufficient capital reserves and have had to suspend operations..."

"Calculated by depositor category, the proportion of runs by individual depositors has reached 84.34% based on capital category... According to the latest data, our liquidity reserve has dropped to 4!"

"Chairman, according to the social survey, more than eight people in Spain are worried about the capital situation of our bank, and only less than one person still believes in us, and more than half of the depositors said they are ready to withdraw their deposits at any time."

"According to foreign investigation statistics, our situation is very bad, especially in the United States and South America. Among them, the investigation in the United States shows that no one believes that our banks are healthy before returning large deposits of American companies. . In South America, more than nine-fifths of the survey respondents expressed a pessimistic attitude towards our banks, and more than eight-level respondents said that if they had deposits, they would definitely withdraw them..."

"..."

Hearing the reports from his subordinates one after another, Saren Francisco's face became more and more gloomy and his breathing became more rapid.

Unexpectedly, the situation turned out to be worse than he expected.

In just half a day, liquidity dropped by more than 1.1 billion US dollars!

According to the scheduled withdrawal process, it shows that many of the funds withdrawn were reserved yesterday. In addition, they are small deposits of retail investors who do not need to make an appointment.

If he hadn't restricted it.

He can be sure that it will be no problem if the capital loss doubles!

Finally, he looked at the think tank representative on the far right.

Shen Sheng asked: "As for the large deposits of 2.04 billion US dollars from 14 companies led by Coca-Cola Company, according to the appointment time, 24 hours have passed and only 130 million of the funds have been cashed out. What is the opinion of the think tank? ?”

The representative immediately reported: "Chairman, combined with the social investigation, the results of our analysis show that all funds of these companies should be returned immediately, especially the deposits of Coca-Cola Company."

"The Coca-Cola Company is too well-known around the world, and the amount of deposits is huge. The enemy also focuses on this point to create negative public opinion. We can't hide. If we don't return it, no matter what we say, we won't be able to win the trust of other depositors!"

"As for the other 13 companies, although they are not as well-known globally as Coca-Cola Company, they are not necessarily less well-known in South America than Coca-Cola Company. Our bank's assets in South America are as high as more than 20 billion U.S. dollars, which involves depositors There are too many, and they are all watching!”

"Although we returned 130 million US dollars to the company, it only made some people believe that there was a problem with our funds. We must immediately return the accumulated 2.04 billion US dollars in deposits to these companies before the negative public opinion continues to expand."

"As long as these big companies don't take the lead in making trouble, we can still find ways to control other small and medium-sized companies."

Saren Francisco was involved in a fierce struggle in his heart. On one side of his mind was the most direct risk caused by the liquidity falling below US$3 billion after the return, and on the other side was the uncontrollable impact of delaying the return.

After dozens of seconds of inner struggle, he finally gritted his teeth and nodded, saying bitterly: "Okay, I'll buy the remaining 1 out of these 14 companies immediately!"

"Immediately hold another press conference after the return, and be sure to mobilize all efforts to spread the news to the world and offset negative public opinion!"

"Other departments should handle the assets immediately and withdraw the funds!"

"yes!"

…

It didn't take long.

The news that all deposits of 14 companies headed by Coca-Cola Company had been withdrawn reached Xia Yu's ears.

This made Xia Yu a little surprised, and he couldn't help but sigh that Saren Francisco was not too stupid, and there were still smart people under his command who dared to speak out.

Although it is not too late to make amends, Bilbao Vizcaya can still weather the crisis.

But Xia Yu didn't care, because his original goal was destined to be achieved, and the subsequent negative impact was enough to drain the Bilbao Vizcaya Bank's capital pool.

After waiting for two days at most, we can launch a full-scale attack on the Francisco family!

"Two days...hehe..." (End of chapter)

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