Beiyang reactionaries

He has two main businesses, one is to accept long-term foreign deposits and remittances in China.Since the opening of China's national door, foreign businessmen have also been divided into several categories.Some foreign businessmen just come to China to earn money, but there are also some foreign businessmen who have already set up camp in China and even live in China.These foreign businessmen and domestic businessmen cooperate a lot, and many of their deposits are stored in domestic banks.Zhejiang Industrial Bank is currently the bank that accepts the largest number of foreign deposits in China.

The second is to do exchange business.Zhejiang Industrial Bank is one of the few banks in China that can engage in remittance business.This has something to do with the fact that many of their clients are foreign businessmen.

Did not expect ah.

Such a bank, because of the turmoil, was not able to withstand it, so it could only accept capital injection from the government.The original strength of China Commercial Bank may not be comparable to that of Zhejiang Industrial Bank.Although it has obtained the foreign exchange exchange business license, the strength of China Commercial Bank in this area is really not as good as that of Zhejiang Industrial Bank.But now it only spent 100 million silver dollars to annex the Zhejiang Industrial Bank, and its strength has developed by leaps and bounds.

silence.

The meeting has been going on for some time, but no one can come up with a good solution.

Capital increase and share expansion?

Everyone disagrees.

However, everyone is unwilling to accept the government's capital injection.Because once the government's capital injection is accepted, the government may swallow Siming Bank.

Who can decide.

"Boom boom boom——"

"whats the matter."

The staff came in again to interrupt everyone's meeting.But at this time, everyone can't say anything.Because everyone needs to know what is happening now anytime, anywhere.

"Just now Industrial Bank announced that it will accept a capital injection of 300 million from China Construction Bank. China Construction Bank announced that Zhejiang Industrial Bank and China Construction Bank will soon discuss a merger plan."

"Hey--"

Everyone understands a little bit now.

It is estimated that none of these banks and money houses in Shanghai can escape this turmoil.Those who are poorly managed and owe a lot of debt can only choose to go bankrupt.

However, well-managed and financially healthy banks such as Zhejiang Industrial Bank and Zhejiang Industrial Bank can only accept capital injection from the government and become government-controlled banks.

damn it.

Zhang Jiaao is a bastard.

It's simply not human.

In order to expand the government's financial power, it has wiped out so many financial institutions.How much money will Shanghai's financial industry lose this time, and how much Shanghai's economy will suffer.

But Zhang Jiaao dared to do this.

Everyone cursed Zhang Jiaao in their hearts.But even the Zhejiang Industrial Bank couldn't survive, and could only accept the government's capital injection, which shows how serious the crisis is.

Zhejiang Industrial Bank is stronger than Siming Bank, and Zhejiang Industrial Bank is far above Zhejiang Industrial Bank.They couldn't make it through, what about Siming Bank?

"Let's talk first."

No one spoke, and finally Yu Qiaqing spoke.

Yu Qiaqing is not only the leader of Ningbo merchants, but also one of the major shareholders of Siming Bank.Now if it drags on and Siming Bank collapses, the stocks in their hands will be even more useless paper.

Although the government may swallow Siming Bank, at least everyone can make some money.

"Let's see the conditions."

420

Siming Bank is thinking of countermeasures, and all banks and banks in the financial sector in Shanghai are also thinking of countermeasures.Because this incident has affected too seriously, especially those risky banks.

There are those who think of countermeasures.

But in fact, there are more running.

Because many banks are already insolvent, and they have borrowed so many loans that they can't even pay the interest.Moreover, the entire financial system in Shanghai is currently in a big collapse, and the bank cannot find any money to continue borrowing.Therefore, these people can only search for some leftovers in the bank and prepare to run away quietly.

But where to run, the Shanghai Police Department has been watching these banks and money houses.If you want to run away with money, you can catch one at a time.Not only the private banks and money houses in Shanghai, but also the foreign banks are crying for their fathers and mothers at this time.

How many foreign banks are also caught in this turmoil.

Foreign banks, although they look tall, are actually stronger than half of the Chinese commercial banks.Except for giants like HSBC, many other foreign banks are mediocre.

Moreover, many foreign banks are Sino-foreign joint venture banks.The proportion of official government shares is not low.

This time they were also hit hard and were on the verge of bankruptcy.

Even HSBC is looking bleak right now.

The Shanghai HSBC Bank Building in the Shanghai International Settlement (now No. 12 on the Bund, the headquarters of the Shanghai Pudong Development Bank), which is known as "the most luxurious building from the Suez Canal to the Bering Strait in the Far East", is currently in panic.

The outside is full of citizens who come to withdraw money, and the VIP side is full of representatives of major companies.

There is only one purpose.

withdraw money.

The staff of HSBC kept reassuring them, but it was basically useless.Everyone is completely scared now, and they want to take away the money stored here.

However, the manager's office after HSBC has a depressing atmosphere.

"Didn't you say that the news was accurate? Didn't you say that it was a certainty? What's going on now? What's going on?"

Alexander Stephen is crazy.

HSBC Bank, the powerful HSBC Bank, has always been the only one that harvests China's fat sheep. When did HSBC Bank be set up by someone.

lost heavily.

5000 million loss.

2000 million entered the securities market, but less than 200 million escaped in the end, and most of the funds were still locked up in the securities market.As well as the 3000 million loaned to those banks and banks, most of them will not be able to get back according to the current situation.Because several bank owners have escaped and were controlled by the Shanghai Police Department.

The Qianzhuang has also been taken over by the Shanghai Branch of the Bank of China and has begun to sort out the accounts.People from the Shanghai branch of the Bank of China have announced that after checking the accounts, they will first repay the personal deposits, then the corporate deposits, and finally the bank debts.

This is worse for the current financial industry.After taking away private deposits and corporate deposits, how can bankrupt banks have money to repay bank debts.

And which bank has the most loans to those banks?

It's HSBC.

Not only is there a lot of loans this time, but also a lot of previous loans.Those loans add up to hundreds of millions or more.

5000 million, hundreds of millions, or even two or three hundred million, is a huge blow to HSBC.

Of course not.