Through the wealth life

Chapter 692 The run on the storm
Li Guangyu ate in the college cafeteria. He planned to visit Starlight School and Kangxin Hospital in the afternoon, but what Gan Qin reported to him forced him to return to Central immediately.

This news is really exciting.Hongkong Monetary Authority Director McBurney DeShawn was taken away directly from the Monetary Authority by ICAC Director Wilson Bonner.

The current financial situation in Xiangjiang is already unstable due to the collapse of the property market. If the major banks are not paying attention, they may be hit by thunderstorms, or even go bankrupt and liquidated directly.

McBurney DeShawn's position is very important, he was actually taken away by the director of the Independent Commission Against Corruption in person, indicating that this time he was approved by Governor Yode, and it may even be approved by the British side. After all, the impact of this incident is too great.

Li Guangyu still doesn't know the specific reason why McBurney DeShawn was taken away by the ICAC, but it is estimated that it has a close connection with Hong Kong Finance. .

After Li Guangyu and Gan Qin returned to Li's Building, Yao Jingwei had sorted out some news about the Li's consortium and put it on Li Guangyu's desk.

Li Guangyu looked at some of the above news, and this time the problem was really not small. The ICAC arrested him on charges of bribery and dereliction of duty, and he was waiting for the ICAC to file a lawsuit.

No matter what will happen to McBurney Deshawn in the future, Li Guangyu is now focusing on the incidents related to him, and this time the problem really got a little big.

This time not only Hang Lung Bank was involved, but also small and medium-sized banks such as Hong Nian Bank, Ka Wah Bank, and Union Bank.

The key point is that due to the recent rise in gold prices, Xie Liyuan Gold Shop did not have enough gold reserves, so many investors who bought their gold circles became a waste of paper. Xie Liyuan Gold Shop closed down, which involved some column problem.

Xie Zhichao, the helm of Xie Liyuan Gold Shop, chose to close his business and escape, but a news came out that made the public uneasy. It was rumored that Xie Liyuan Gold Shop had a close relationship with Hang Lung Bank, which made Hang Lung Bank customers very worried about their bank deposits.

And now there are long queues outside each branch of Hang Lung Bank. If there is no outside force to enter, Hang Lung Bank will follow in the footsteps of Wing On Bank this time.

The biggest problem here is that McBurney Deshaun received huge bribes from the senior executives of Xie Liyuan Gold Shop, and failed to effectively supervise Xie Liyuan Gold Shop, which is why the current situation occurred.

And not only the bribes from Xie Liyuan, but also some banks. It was just to maintain the stability of Hong Kong's financial situation that the ICAC did not choose to announce it.

Li Guangyu said to Gan Qin: "You notify Yuan Tianfan immediately and ask him to preside over the high-level meeting of Tianyu Financial Group. Our Tianyu Bank also needs to be prepared and we must stabilize the current situation."

After Gan Qin left, Li Guangyu immediately contacted Feng Jingxi, Li Guobao, Chen Youqing, and Feng Jingyao, and arranged to meet at the Peninsula Hotel to discuss the current problems.

This storm is a bit big, and if one is not handled properly, it will seriously affect the economic development of Xiangjiang.

The main problem now is that most of the bank's funds have flowed into the real estate market, and this aspect is currently unable to withdraw funds in time. Once faced with a run on by citizens, these small and medium-sized banks simply cannot afford it.

Yuan Tianfan returned to Xiangjiang to take charge of the group's affairs after New Year's Day this year. As for the affairs in Malaysia, Gu Zhengsheng officially took over.

After receiving Ganqin's notification, Yuan Tianfan immediately ordered the general manager of the administration department to notify the group's senior staff for a meeting in the group meeting room half an hour later.

As Yuan Tianfan who has been engaged in the financial industry, after understanding these situations, he also knows how big this crisis is. Although it will not have much impact on Tianyu Financial Group, it is not good for the development of Hong Kong's economy.

At present, many businesses of the Lee Consortium are still in the Xiangjiang market. If the economic development of Xiangjiang is not good, the group's profits will also be greatly affected.

I don't know how many Xiangjiang Huazi banks will be left after this incident, and the efforts of many families for decades will be ruined.

At the group meeting, Yuan Tianfan explained the situation he was facing this time, and required all business offices of Tianyu Bank Xiangjiang to be on the alert to deal with possible runs, and the headquarters should prepare funds. make up.

Xia Fengxing, vice president of the group and chairman of Tianyu Bank, said: "Yuan Sheng, please rest assured that our bank has sufficient reserve funds and is not worried about the occurrence of a run. After the meeting, I will make arrangements according to your instructions to ensure that our bank Funds are available as long as they are open for business.”

After Xia Fengxing's words fell, Yuan Tianfan said to Zhang Tianfu, the general manager of the security department: "This is an extraordinary period, and the security personnel at each of our business sites must perform their duties conscientiously to avoid safety accidents, and at the same time, they must effectively protect us. Bank funds are safe."

Yuan Tianfan knew very well that during this period of time, the citizens were very anxious and hoped that their money in the bank would be safe, so once there was a bank run, the scene would be a bit big and chaotic, and accidents would easily happen ACCIDENT.

"Yuan Sheng, I will make key requirements in this regard, and must ensure the safety of our group funds and customer personnel." Zhang Tianfu responded.

This time Yuan Tianfan is not worried about Tianyu Bank, he is more worried about Wing On Bank and Heung Kong Bank, especially Wing On Bank, although this bank is jointly owned by Sumitomo Bank and his own group, but this bank has just been acquired not long ago, and now these customers They definitely don't have much trust in this. With the emergence of this turmoil, they may choose to extract it again.

Yuan Tianfan said: "Ms. Luo, you need to contact Wing On Bank, and at the same time contact Sumitomo Kimura, Japan, and communicate with them about the situation, so that Wing On Bank can be prepared, and if they need support urgently, let them contact us at any time."

Wing On Bank is currently a bridge for the cooperation between Li's Consortium and Sumitomo Consortium, Yuan Tianfan still does not want anything to happen to Wing On Bank.If the Li's consortium can't even keep the industries it cooperates with its allies in Xiangjiang, then how can there be consortiums in other regions to cooperate with their consortia in the future.

Luo Qianwen said: "Yuan Sheng, I will contact the chairman of Yongan Bank and Mr. Sumitomo Kimura in Japan later. I believe they will definitely have some preparations. The Sumitomo family has been in the financial industry for so many years. They can solve this situation. Yes. If we need to take action, the chairman of Wing On Bank will ask us for help."

After Yuan Tianfan finished making arrangements, he announced the adjournment of the meeting and asked the high-level officials to arrange their own affairs.

In the past few years in the Lee Consortium, his achievements in Xiangjiang are quite small. He was stationed in the United States in the past few years. He stayed in Xiangjiang for less than two years. He went to Malaysia last year and did not return to Xiangjiang until this year.

This time is his chance. Many banks in Xiangjiang are currently facing difficulties, and the Xiangjiang government will definitely be forced to rescue the market later, and the opportunity for their further development of Tianyu Financial Group has come.

The only thing that made him regret was that Li Guangyu let the Hong Kong Bank to compete for the right to issue banknotes in Hong Kong dollars, which made their Tianyu Financial Group lose its color a lot.

(End of this chapter)