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Chapter 35 Financial War II

Regarding the royal family's move, small banks can only choose to accept it. Between bankruptcy and selling, this is a choice that everyone knows. Edel must now integrate these small banks in order to better serve the Romanian economy. Now they

These businesses are all working for foreign banks, and they do not have the ability to resist risks. This is why Edel must let them out.

The four major foreign banks are also quite satisfied with the royal family's actions. This has weakened Romania's capital reserves, and suppressed Romania's national debt and currency more fiercely. The foreign exchange and government bond markets are also bloody.

Edel leaned back in his chair, resting his head on his left hand, lazily listening to Kalust's report. "Now we have invested 6 million pounds in the market, and I believe that the four foreign banks will not be lower than our figures.

This financial war is coming to an end. Prime Minister Stewart asked where we should go."

Thinking of the stubborn old man who hadn't had a good rest for three days because of this financial war. Edel sat up slightly and said seriously. "Put all our remaining funds into the market and defeat them with one final blow. Regarding this rebellion,

Foreign banks, the result..." Edel weighed it carefully and sighed. "As long as they agree to abide by the bill, let's end it."

Calust looked at Edel in front of him, and went from being in control to being helpless. His body couldn't help trembling, and he immediately replied. "I will reply to the Prime Minister immediately." The captain of the guard walked out of the room and closed the door gently.

The moment the door closed, I heard a sentence coming from the room: "These damn powers."

At this moment, the four major foreign investors also felt that something was wrong. Romania's funds were too abundant, and the four responsible persons could only discuss a solution again.

"Where did these Romanians get the funds?" The most anxious Tiromotov was wearing messy clothes. This time, the voice came out before he even entered the door. When he entered, Tiromotov saw these three people.

The position is not much better than him. Mondrick's eyes are red and his hair has not been taken care of for several days. Ellison, as a British gentleman, even wears dirty clothes. Cromander is the most normal one, but he

I wore a pair of shoes of different colors.

"Yesterday I entrusted friends and colleagues to investigate the three major financial markets in Europe." Mondrik said with red eyes. Tilomotov frowned and was obviously not satisfied with this sentence. "Now.

We need funds. If we don't have sufficient funds, we will lose half of the war." Ellison said in a hoarse voice. "Now we can only ask for help from the headquarters. If we can get half of the current funds, we can win the battle.

Go down." Tiromotov is like a gambler who loses his money and never gives up a chance.

Hearing Tilomotov's words, there was a silence in the room. If asking for help from the headquarters could succeed, they would have done so long ago. Now that the financial crisis is in progress, it is too late for the headquarters to save the country, and it is estimated that it will not be able to prepare so much money to save them.

"Now how much money can you ask the head office to approve? Don't hide it now. If you lose, you can go home. I will submit my own 850,000 pounds first." Ellison asked with a determined expression.

"£850,000."

"900,000 pounds."

"800,000 pounds."

After hearing the support funds from the head office of the three of them, Ellison seems to still have the strength to fight. "You can ask the head office for help when you go back. It is expected that the funds will come in two or three days. We will stabilize the market now, and the follow-up funds will arrive.

Continue to suppress." Everyone nodded in agreement, and when they were about to go back and leave, the door was suddenly opened. Ellison's secretary came in panting and sweating profusely. "The Romanian government is launching a massive attack on the market, and we can hardly withstand it.

Already."

After hearing the shocking news, a group of people immediately rushed to the stock market. At the Bucharest Stock Exchange, before several carriages had stabilized, the people on the carriages anxiously jumped out of the carriages and walked in with worried expressions.

Several people in the trading room saw Ellison's deputy, who was anxiously directing the traders to deal with the Romanian government's offensive.

When the deputy saw Ellison and his party, he hurried over and talked about the current situation in a hurried tone. "At around 1 o'clock this afternoon, the Romanian government entered the market with a large amount of funds to support the foreign exchange and government bond markets that were suppressed by us. We

After calculating the funds, we have 6 million pounds, and we only have less than 4 million in hand. Now that the market is ready, what should we do?"

Ellison frowned and listened to the deputy's explanation of the situation. After listening, he turned to the other three and said, "Now we have no other choice but to give it a try, otherwise we won't be able to wait until retirement."

Okay." Both Tilomotov and Mondrik nodded in agreement. Only Cromander was the most entangled, and the task given to him by the head office could not be completed. Now he has the same mentality as later generations of stock investors, watching himself being trapped.

There is no way to describe the anguish inside.

The three of them looked at Cromander, who did not express his position, and knew that he wanted to back down. Ellison walked up to him and persuaded him in a gentle tone. "Cromandel, no matter who we are, we have caused so much loss to the bank.

Everyone will be kicked out. This is the last chance. If we can't counterattack successfully today, we will have no future."

Ellison's words seemed to encourage himself. He turned around and ordered to the traders. "Sweep all the buying orders for me, now suppress them." As Ellison made up his mind, the two sides in the exchange fought for you.

It was a lively exchange, with everyone staring at the ups and downs of national debt and exchange rates, trying to learn the inside story earlier than others.

Time passed in the fierce battle between the two sides. With 30 minutes left in the trading time, another 3 million pounds of funds were poured into the market by the Romanian government. The foreign banks that had been resisting immediately collapsed. Ellison and others

There was no way back. Small investors who had been watching the stock market immediately followed up. Fortunately, the increase did not take much time and the increase was barely considered a big increase when the transaction ended.

After Ellison and others calmed down, they recalled that this was the result of the Romanian government not wanting to hit them too hard. Otherwise, they would have surrendered if they entered the market from the beginning. The four major foreign banks announced that they would abide by the rules before the market opened the next day.

According to the Romanian Financial Act, the deposit will be delivered to the Reserve Bank in three days. Sure enough, after the opening, the securities market trended steadily and ended with a slight increase.

In the following days, Romania relied on the Reserve Bank to integrate small domestic banks into two large banks, the Romanian Construction Bank and the Romanian Agricultural Bank. Together with the already integrated Industrial and Commercial Bank of China, these three domestic banks will be dominated by the government and the royal family.

The banks that control the financial industry will gradually carve up the financial industry, and other small banks that are unwilling to merge will also disappear.

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