Chapter 527 (1/2)
The collapse of Xie Liyuan's gold shop triggered a run on Hang Lung Bank, which plunged Xiangjiang's financial industry into a serious crisis of trust. Governor Youde also attaches great importance to this matter. After all, the Iron Lady didn't leave for long. He didn't want people to see jokes.
Youde regretted selling so many war bonds in Xiangjiang before. If there were 5 billion British versions in hand, it would not be a problem to deal with all this. At present, the Hong Kong government has a staggering fiscal deficit and can no longer afford to save the Xiangjiang financial market.
Britain certainly won't care about these things. The money has already been spent. It's harder to get it back than to go to heaven.
Governor Youde looked at the bankers and heads of financial institutions sitting below. Now he can only place his hope on them. If these people don't act, Xiangjiang's financial system will collapse.
Youde tidied up his tie and said, ”you are the heads of major financial institutions in Xiangjiang. You can be said to be the wallet of the people of Xiangjiang. I think you must know that you have been called here this time. The collapse of Xie Liyuan gold shop and the run of Hang Lung Bank. At this time, Hang Lung Bank is in a very dangerous situation. If no one pulls them, it is likely to collapse. ”
”Therefore, the Hong Kong government hopes that everyone can work together to help Chimelong bank tide over the difficulties. This is not the business of Hang Lung Bank. If things are not handled well, it may bring a chain reaction and bring disaster to the whole Xiangjiang banking industry. ”
The dealer has sent a distress signal to governor Youde through joant. In Zhuang Rongkun's opinion, the Hong Kong Government may not get a penny for taking over the dealer, but if he is bought and checked the old accounts, he will go to prison.
Shen Bi, as a big class of HSBC, has always belonged to the supreme emperor in Xiangjiang financial industry. Even the financial department should act according to his face. Basically, when the governor has finished speaking, everyone will give him the opportunity, which has become a practice.
Shen Bi: ”Hang Lung Bank doesn't have much business with HSBC. They have close contacts with Standard Chartered Bank and Huaxia Bank Xiangjiang branch. In addition, Standard Chartered Bank absorbed a lot of deposits yesterday. I think Mr. Sanderson has the most say. ”
Shen Bi's words didn't agree with everyone on the scene, including governor Youde. HSBC plays a quasi central bank role in Xiangjiang. Now it starts to push two or five or six in case of an accident. This is a typical case of not wanting to bear responsibility.
Although there is no subordinate relationship, HSBC has always occupied the most resources of the Hong Kong government. It has the obligation to guide other banks in Xiangjiang and also holds 70% of the coinage right. Standard Chartered bank doesn't have so many privileges. If something goes wrong, let Standard Chartered do it. Is it decent for HSBC to look at it!
Bauhaus Sanderson, of course, is not willing to be weak, and directly responded: ”HSBC belongs to the central bank in Xiangjiang and gets the most resources. Now Xiangjiang's financial system is facing a crisis of trust and should be the first to stand up and preside over the situation. ”
”I didn't expect HSBC to be so irresponsible and leave the problem to other banks; Is this what the central bank does? ”
”As long as HSBC agrees to give up the seigniorage, Standard Chartered Bank will certainly take out money to stabilize the Xiangjiang financial market even if it is bankrupt. After owning the coinage right, these can be easily earned back in the future. ”
Bauhaus Sanderson knows that it is useless for Shen Bi to agree to give up the coinage right, and the HSBC board of directors will certainly stop it. Seigniorage is the cornerstone of HSBC's development in Xiangjiang. Without seigniorage, HSBC will be nothing like other banks.
Now Bauhaus Sanderson has made an offer and everyone is waiting for Shen Bi to take over.
In fact, Shen Bi has a hard time now. At this time, HSBC's foreign exchange loss is very serious. In recent days, HSBC has exchanged a lot of foreign exchange, which has led to the shortage of foreign exchange reserves. Since the black cloud account was closed, HSBC has not had much foreign exchange income at all, which is what they have managed to save.
At the same time, HSBC issued a large number of loans, and the loans of xiangjiangda real estate company were almost monopolized by them. Now the real estate market is depressed, but HSBC is the most affected.
In addition, the loans of several shareholders of baohuodong mining company were lent from HSBC. Just a few days ago, Li Chaoren also lent HK $1 billion from HSBC to pay baozixuan for the purchase of shares.
Shen Bi: ”the coinage right has long been determined. To be exact, it has been fixed in the era of Mr. Sanderson's great grandfather. The credit system has been formed, so it is not easy to change. ”