We are all reborn, who wants to be the richest man?

Chapter 669 Legendary Experience
Nick didn't know that all his actions were noticed by someone with ulterior motives.

At the Far East Bank headquarters just one floor away, Du Huilian was discussing this matter with Luo Nianzhong.

"Are you sure you're not kidding me? This is a bit too far-fetched, right?"

Until now, Luo Nianzhong still dares not believe what Du Huilian said, and his eyes are full of expression of how dare you play tricks on me.

Du Huilian had no choice but to nod again and said, "I'm sure it's really a deposit certificate of 500 million Hong Kong dollars in our bank."

"Are you sure?" Luo Nianzhong still couldn't believe it and asked again, and what he got was Du Huilian's affirmative nod again.

"Is Barings Bank stupid? This lie would be exposed immediately with just one phone call."

Du Huilian shrugged, saying that he was also puzzled, but that was the fact.

"I want to meet the employee you mentioned."

"No problem, I'll have someone call him in right away."

Five minutes later, a tall white man walked into Du Huilian's office. Luo Nianzhong asked again and found that it was the same as what Du Huilian had just stated.

After the white employee left, Luo Nianzhong pondered for a moment, with a hint of excitement in his eyes.

"It seems we need to plan carefully, this is the Bank of Bahrain."

The Bank of Bahrain is the oldest commercial bank in the world. Although its scale is not world-class, it has a profound foundation.

The branches spread all over the world are the best tonic for the Far East Financial System. If it can acquire the Bank of Bahrain, it will be a great supplement for the Far East Financial System in Central Africa and Central America where its business is weak.

The most important thing is that this bank has close ties with the British royal family. The British Empire won the Napoleonic Wars with the funds from the Bank of Bahrain.

Also because of their outstanding contributions, the Barings family, the family behind the Bank of Barings, was successively awarded five hereditary titles by the British royal family. This honor is unique in British history, and even top families like the Spencer family have never received this treatment.

As one of the banks that helps the British royal family manage their assets, Luo Nianzhong doesn't believe that Bahrain Bank doesn't have some dirty records.

However, Luo Nianzhong also knew that even if he acquired the Bank of Bahrain, he would most likely not be able to obtain these things, but it would still be possible to obtain some clues from the historical account books.

“The total market value of Barings Bank is less than 500 million pounds now. Since it is a forgery, a deposit certificate of 500 million Hong Kong dollars is definitely not all, and the loss must be huge.

To make up for these losses, Nick must take risks, and I even think he will use client funds, otherwise he has no bargaining chips."

Luo Nianzhong nodded, agreeing with Du Huilian's statement.

"Do you think we should contact this great Nick? Get his trading information?"

"Where's the bait?"

"Help him leave Hong Kong Island and start a new life under an assumed name."

Du Huilian's eyes lit up and he thought this was feasible.

If the other party makes up for the loss, you can use this as a handle, which may be useful in the future.

On the contrary, Nick, who lost his clients' funds and knew he would go to jail, would never sit there and wait for death, but would definitely run away.

In Hong Kong Island, if you want to escape without being detected, only the Luo family can do it.

And this will become a bargaining chip, a bargaining chip for acquiring the Bank of Bahrain.

"Should we let Jonathan go?"

Jonathan is the white employee who just came in, and it was he who discovered the thing that made Luo Nianzhong think it was ridiculous.

Jonathan was originally an employee of Morgan Stanley and a top student in finance.

Coincidentally, Nick also used to work at Morgan Stanley.

However, unlike Jonathan's step-by-step approach, even Luo Nianzhong found Nick's experience amazing.

Speaking of Morgan Stanley, if you could work here, do you think the academic qualifications are not easy to come by?
But Nick came from a humble background and had never even attended college, yet he not only entered the financial circle that values ​​academic qualifications, he also joined Morgan Stanley.

However, he was not happy about joining Damonic. On the contrary, he really disliked his current job because his position was in the backend.

The positions in financial institutions are divided into front desk and back office. The front desk does not refer to the receptionist standing in front of every company in beautiful clothes, but the traders we are familiar with. The responsibility of the trader is to formulate strategies, what stocks to buy, and how to use them.

The backend is the clearing post, which is responsible for transferring money out and buying stocks according to the traders' instructions. Does it sound like a front desk assistant?
Nick's job is to clear options and futures for Morgan Stanley, which can be said to be his assistant, and he is at the bottom of the contempt chain.

Nick doesn't want to be a trader all his life. His dream is to climb to the top and become a trader.

Relying on Morgan Stanley's resume, Nick soon realized his long-cherished wish. Barings Bank was willing to give him a chance.

Nick was also very ambitious and directly applied for a transfer to Jakarta, Indonesia, where the conditions were the most difficult.

Because Indonesia's financial market was so chaotic, Bahrain Bank lost nearly 100 million pounds on its investment in Indonesia, and piles of bills were piled in the basement with no one to count them.

Nick felt that this was his chance. He came from a clearing background and was very familiar with organizing all kinds of documents and was very good at it.

Soon after arriving in Jakarta, he took over this mess and started collecting debts and reselling debts.

After half a year of hard work, Nick managed to recover 90 million pounds from Indonesia's losses.

This immediately put him in the sight of the top management of Barings Bank. He came from Morgan Stanley and was reliable at work. If they didn't promote such a talent, who else would they promote?

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In 1991, Bahrain Bank established its Hong Kong Island Branch. Bahrain Bank attached great importance to this city which had become an oriental financial center.

Many people wanted to compete for the position of general manager of the Hong Kong Island branch, but the final result surprised everyone. Nick Leeson, who was only 25 years old, was chosen.

This is because Hong Kong Island changed history, taking a step ahead of Temasek and establishing the first financial futures exchange in Asia.

As for futures, Barings Bank felt that Nick was very talented and good at this field.

Nick, who is in charge of a business and has a huge amount of funds, can finally show his skills and stand at the top of the contempt chain.

He has said more than once in public that taking office in Hong Kong Island gave him an unprecedented sense of pleasure, just like a copper conductor being struck by lightning, feeling extremely happy.

He also came at a good time, as the island nation's bubble burst at that time.

In order to save the market and limit foreign capital from dumping the market, the island nation's exchanges have continuously increased trading margins.

But Nikkei futures are not only traded in island countries, there is another place in Asia where you can also trade them, and that is Hong Kong Island.

As the island nation’s exchanges raise margin requirements, short-selling capital will naturally shift to Hong Kong.

This led to a surge in business volume for institutions that could buy and sell futures in Hong Kong, and the Bank of Bahrain was no exception.

Nick's outstanding performance made him famous in the financial circle, and Jonathan naturally paid attention to him.

You wouldn't know until you see it. Only after you see it did you realize that this is Nick who worked backstage with me at Morgan Stanley back then.

In just a few years, I didn't expect that the other party would become so successful.

So Jonathan deliberately approached the other party, and finally the two recognized each other.

Originally, Jonathan wanted to see if he had the opportunity to find a better job at Barings Bank in the future. In order to deprive Nick of his sympathy, he did not tell the other party that he worked at Far East Bank, but only said that he worked at a small local business in Hong Kong Island.

It was this coincidental idea that made Nick reveal after drinking that the Bank of Bahrain had a deposit of 500 million Hong Kong dollars in the Far East Bank.

Jonathan didn't think anything of it at first, but the more he looked at it the more he felt something was wrong.

Why would Nick keep such a large amount of certificates of deposit in the Far East Bank, which has no business dealings with the Bank of Bahrain?

So Jonathan first had to verify whether the deposit certificate existed. After he went to the Bank of Bahrain and saw the real deposit certificate, Jonathan asked a friend he knew at Far East Bank to check it out.

A shocking secret was discovered: Barings Bank was cooking the books.

Although he didn't know the specific reason, Jonathan knew that his opportunity had come, an opportunity to move from the backstage to the front stage.

Blackmailing Nick? Don't be silly. Regardless of how much money the other party has, this is a crime. If Barings Bank goes bankrupt, his affair will also be exposed.

So he found Du Huilian. After Du Huilian looked like a fool at first but gradually believed it, Jonathan got what he wanted and Luo Nianzhong also came.

(End of this chapter)