v3 Chapter 882： Bahrain Bank Thunder (2/2)

Jacob Roshir said to Evelyn Roshir after pondering for a long time.

After thinking about it for a moment, Evelyn Lowhill nodded slowly: ”According to the current situation, this time period is almost the same. I will make arrangements this afternoon and start tomorrow morning!”

Jacob Rosier nodded slightly and said, ”Okay, Evelyn, this matter is left to you. You must be cautious. If the Bank of Bahrain goes bankrupt, I believe that there are definitely not a few interested in it, and we cannot do anything. There is another accident.”

Evelyn Rohill looked firm, and nodded hard: ”I know.”

After chatting for a while, Evelyn Rohill quickly left the Rohill family castle.

Watching Evelyn Lowhill's black luxury car drive out, for some reason, Jacob Lowhill still feels a little uneasy in his heart, as if something bad is about to happen that he doesn't know for the time being.

But when I think about it, I can't determine what it is.

Feeling upset, Jacob Lowhill walked straight to the flower garden, picked up the spray can and filled it with water, and went to water the flowers to calm his mood.

This is a unique way for him to relax. Contact with nature can make him free himself and his mind will become more clear.

...

Early the next morning, a shocking news broke out suddenly and quickly spread in the London financial market. Whether it was a practitioner in the financial industry or ordinary retail investors or depositors, they became worried or anxious after learning the news.

I don’t know who sent this news, and there is no definite evidence, but people who have heard it are willing to believe it subconsciously.

In fact, this news seems too real, like the news leaked by the employees of Bahrain Bank.

In the news, there are detailed short-selling data of the Bank of Barings, as well as the loss amount calculated based on the latest copper futures and aluminum futures prices-870 million US dollars!

The Bank of Bahrain’s total own capital is 250 million pounds, which is just over half a billion dollars in U.S. dollars at the current exchange rate.

In other words, the actual assets of the Bank of Bahrain are approximately minus 370 million US dollars!

Bank of Bahrain is about to go bankrupt!

It seems that it will soon follow in the footsteps of Phillip Brothers.

The tragedy of Philip Brothers has been clearly explained by the British media. Barings Bank has suffered such a large loss, and almost no one is optimistic that Barings Bank can survive.

In an instant, the shares of the Bank of Barings were smashed by a steady stream of orders ~ But at this moment, no institution dared to acquire it.

In order to take over the Bank of Barings, in addition to the original debt, another loss of at least 370 million U.S. dollars was required. This loss is larger than that of Philip Brothers!

Moreover, the Bank of Bahrain is different from Philip Brothers. The Bank of Bahrain is essentially a commercial bank. It faces more customers than Philip Brothers, and it is very difficult for customers to withdraw money.

Once a run occurs, Bahrain Bank’s assets will lose very quickly and quickly enter a vicious circle.

The risk of Bahrain Bank is greater than that of the Philip Brothers!

Faced with the turbulent financial market caused by anxiety, the Bank of England must come forward.

The Bank of England immediately announced that it would launch a comprehensive investigation and will give the public a definite answer within a week. The public is requested to be patient.

While investors waited eagerly for the news, George Berkeley moved.