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

Chapter 671 Beer Carnival

"88888 account?".

"Yes, now I call it the devil account."

The day after Jonathan met Nick, Luo Nianzhong got the result he had been looking forward to.

However, this was not unexpected, after all, Nick was in a situation where he had no other choice.

At this moment, he can only take a gamble, or rely on wisdom and luck to fill the deficit in the account book and regain his freedom and dignity.

Otherwise, you may end up in disgrace and enter prison, with all hope and light blocked by the cold walls.

Now Far Eastern Bank has paved a brighter path for him, and all he needs to do is to explain his past financial misconduct and the details of the upcoming operations.

After weighing the pros and cons, this deal undoubtedly appears to be a very cost-effective one. For him, it is undoubtedly a wise choice with more advantages than disadvantages.

“I really didn’t expect that a century-old bank with a long history and business operations spanning all continents would be in such a surprising state of chaos at the management level. This is really beyond my imagination.

This is beyond the realm of chaos and more accurately described as absurd.

The intuitive feeling it gave me was like a rural youth who suddenly became wealthy but lacked educational background, and actually wanted to get involved in and control a huge business empire. His behavior revealed an unspeakable ignorance and impracticality.

This is simply a "lamb to be slaughtered" in the eyes of everyone. If I don't choose to deceive you, who else can I deceive?"

When the island country was caught in the vortex of asset bubble bursting, Hong Kong Island, as the shining pearl of the financial field, experienced unprecedented business growth and prosperity in its financial industry.

However, in this strong financial wave, Barings Bank failed to seize this historic development opportunity. Instead of taking advantage of this opportunity to achieve its own leap and growth, it incredibly fell into a fatal misunderstanding and made a stupid mistake that made people sigh.

Because new members account for a considerable proportion of the employee team of Bahrain Bank's Hong Kong Island Branch, as the business volume continues to grow, they will inevitably encounter more challenges and adaptation periods, which naturally leads to a corresponding increase in the error rate.

As the head of the branch, Nick works tirelessly every day to summarize all kinds of errors, big and small, in detail and report them to the head office.

The head office seemed overwhelmed by the heavy task of financial processing and was almost overwhelmed by the huge workload of the Hong Kong Island branch.

However, at such a critical moment, the head of the clearing department not only did not take positive measures, such as hiring more staff to ease the pressure, but instead made an unexpected decision - setting up a special error handling account called "88888" for the Hong Kong Island branch.

Let him report major mistakes in the future, and minor mistakes will be recorded in this new account.

This move means that major errors encountered in the branch's daily operations still need to be reported and handled according to formal procedures; while relatively minor omissions or errors can be recorded directly in this newly opened account, and Nick will be responsible for resolving them himself.

To some extent, this decision puts Nick at a crossroads. He is both the arbitrator and the object of the arbitrage. Such a dual identity is unimaginable for any bank or even the entire business community.

Convicting oneself without having to report it is something that even corrupt officials in ancient times would not dare to dream of.

"So I gave it a fitting title, the Devil's Account. From the moment it was born, it was as if a web had been woven that could not be escaped, quietly pushing Barings Bank into the abyss of bankruptcy, dooming it to an ill-fated end."

An account that can conceal losses, a big mistake reported? What is a big mistake? Nick has the final say.

As long as the loss can be recovered before the audit, is it still a big mistake?
Nick is indeed favored by fate. In many previous dangerous situations, he was always lucky enough to escape danger, demonstrating an enviable ability to survive in adversity.

However, although the God of Luck favors him many times, it is not an eternal blessing. He cannot be so lucky forever.

It's just like gambling. I always feel that I will win this time. It's impossible to keep losing.

But unlike most gamblers, Nick has a steady supply of funds to allow him to gamble big.

Although from Nick's explanation, Barings Bank also knew that there was something wrong with this account and deactivated it, it did not cancel it.

This is equivalent to a casino telling a gambler that your family has made arrangements and you will not be allowed to come in to gamble in the future.

This is of no use to any gambler. If you won't let me into my house, I can't go to someone else's house. I have money, so what am I afraid of?

“The bottom line is that Bahrain’s management system is extremely disorganized, full of loopholes and deficiencies that need to be filled urgently.

He actually managed to report a loss of 200 million pounds as a profit of 30 million pounds. Not only was the audit just a formality, but the head office also trusted him completely and let him take charge of both the front and back offices."

Luo Nianzhong shook his head slightly, and an indescribable feeling of surprise surged in his heart. The bizarreness of this situation was beyond his imagination and was unbelievable.

"But this amount of money is not enough. Despite the huge loss of more than 200 million pounds, this figure is not enough to become the decisive factor for Barings Bank to go bankrupt and liquidate."

"That's right," Du Huilian nodded slightly, his eyes revealing determination, "Therefore, every next step is crucial."

Pointing to the file bag on the table, Du Huilian's expression was somewhat gloating.

"This guy has the opposite idea from yours. He is very optimistic about Nikkei futures. He thinks that with the island country's manufacturing capacity and level, the Nikkei index will rebound soon. He has raised a large amount of margin and plans to invest heavily."

"Oh, is it so?"

Luo Nianzhong leisurely returned to the sofa, gently picked up the document on the table with an attitude full of curiosity and interest, and then immersed himself in careful reading.

"It really makes one wonder whether Nick has shown extraordinary wisdom, or whether Barings Bank's negligence is so obvious in some way that it is really puzzling that such a situation could actually happen."

"Who made our young man the profit star of Barings Bank in recent years? He is the key training target."

The last few words "focus on training" were said by Du Huilian with great irony. It was unclear whether he was satirizing Nick or the Bank of Bahrain, or both.

Nick's plan was to lie that the wealthy people in the Middle East needed to advance a deposit due to the time difference, and then use the excuse that the arbitrage business was too thin and needed to be sold in large quantities.

In short, they made up all kinds of excuses to get money from the head office.

This is not the end, he also plans to embezzle the client's margin, just to go all in on the rise of the Nikkei. The amount of money is not much, even if the Nikkei rises by about 3%, Nick can almost make up for the huge loss with leverage.

Nikkei surges? Don't dream. Luo Nianzhong has seen the fate of Barings Bank's bankruptcy. Now it's time to think about how to eat this piece of cake.

"I'm wondering if we should also open an account at the Bank of Bahrain".

"Will our investment be too great?"

Luo Nianzhong understood the meaning of Du Huilian's objection. As long as Nick failed, the losses would far exceed the market value of Bahrain Bank. If Bahrain Bank wanted to avoid bankruptcy, it would need capital injection.

The amount of money cannot be less, it must start at at least 200 million pounds.

Even if it took down the Bank of Bahrain for a symbolic one dollar, Far Eastern Bank would have to assume its debt of more than 200 million pounds. It would obviously be too much to invest in it now.

“The problem is that if we cannot become the largest creditor of Barings Bank, we will not have an advantage in the subsequent competition.

The Bank of Bahrain is a royal bank. If the royal family intervenes, the Barings family will definitely sell it to other old European banks, those banks in which other royal families have shares.

How about investing 2.2 million pounds and increasing leverage to short sell? If we can take over Barings Bank with million pounds, I think there will be no problem. Although its business outlets around the world are not dense, it has all the countries it should have, which is its biggest asset."

Du Huilian thought about it and finally agreed with Luo Nianzhong's approach, "I will talk to Jonathan and ask him to help our worried young man."

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The loss of 200 million pounds is like a landmine that may explode at any time for Nick. He will probably pee yellow soon.

……

After the New Year’s Day holiday, Hong Kong Island burst into new vitality at the beginning of the year and ushered in the brilliant chapter of its first tourism boom.

With its unique charm, this city has carefully prepared a series of colorful activities, allowing every traveler who steps into this bustling place to immerse themselves in the dazzling festive atmosphere.

From the dazzling New Year's Eve fireworks display to the lively street celebrations; from the art exhibitions with profound cultural heritage to the delicious food feast, every moment is filled with festive joy and novelty.

Hong Kong Island welcomes tourists from all over the world in its own unique way, starting the new year together and leaving unforgettable New Year's Day memories.

Another thing is that the first Hong Kong Island Chinese and Western Fusion Beer Carnival was held on January 1th.

When it comes to the grand occasion of carnival, Europe is undoubtedly the first place that comes to people's minds.

However, in recent years, with the increasing number of European residents in Hong Kong Island, a unique cultural trend has quietly emerged. In this prosperous corner of the city, they not only brought exotic customs, but also gradually developed their own celebration traditions in the niche community.

Although these traditions are rooted in the profound heritage of European carnival, they shine with a different brilliance in the unique cultural soil of Hong Kong Island, becoming a warm bond connecting different cultures and promoting diversity and inclusion.

When the San Miguel Brewery Group learned of this, it keenly captured the huge publicity potential and commercial value contained therein, and immediately began active communication and cooperation with the Hong Kong government.

After careful planning and preparation, the two parties jointly came up with this unique concept of a beer carnival that combines Chinese and Western elements. Through this event, they aim to not only bring consumers an unprecedented drinking experience and festive atmosphere, and bring integration to the multi-ethnicity of Hong Kong Island, but also create a shining publicity stage for the brand itself, further consolidating and enhancing its brand influence and popularity in the market.

As the headquarters of what will soon be the world's largest beer group, the Chinese-Western Fusion Beer Carnival is a window for San Miguel Corporation to promote its beer brands to the world.

In order to attract more people to participate, in addition to holding various parades, participants in various prize games are also required to be a pair of men and women.

This combination cannot have just any partner, it needs people of different skin colors, so that it can fulfill the meaning of the two words.

On the edge, is there anything more hormonal than this?

In the quiet and elegant Luo family mansion, Luo Nianzhong was accompanying the playful children, and then he heard a slightly staggering sound of footsteps approaching from afar.

Following the sound, I saw the two generals Heng and Ha, smelling of wine and dampness, walking into the hall with a slightly staggering step, like two drowned chickens that had just struggled out of the water, which was very funny.

"It was really crazy, all kinds of people parading in the streets, beer trucks filled with beer spraying on the road, and everyone was bathed in beer."

Luo Nianzhong was amused and said while holding Luo Jingyi, who was looking at the two of them with curiosity.

"I told you not to go watch the fun, but you didn't listen."

Smelling the whole room filled with the smell of alcohol because of the two of them, Luo Nianzhong waved his hand and said, "Go wash up first. If the old lady comes back and sees you two, you will be in trouble."

"No, many roads are blocked today. Even if Mommy finishes playing cards quickly, she won't be able to come back. She must be stuck in traffic."

Having said that, the two of them quickly ran to the bathroom, obviously not wanting Luo Wang Yunhua to see their ugly appearance.

The beer carnival will be held from the 11th to the 13th, for three days.

A route was planned in Hong Kong Island, Yuen Long and Lantau Island respectively, and one of them is the only way back to the Luo family.

In about ten minutes, Luo Laosi, who had finished washing first, came and sat down next to Luo Nianzhong, took his daughter from his arms, and kept talking about the grand occasion of the beer carnival.

“Brother Zhong, you don’t know how crazy the scene is right now.

I don’t know who came up with this stupid idea, but the various activities they held included hugging, kissing, and riding on balloons. They were all crazy.

As for the DJ dance, the lead dancers on the stage were almost putting on a striptease show, stuffing wine bottles into their crotches while dancing while letting the wine flow out. No wonder some media outlets have criticized the world for going downhill."

Criticism? How do they know this without seeing or experiencing it? They are just being a whore and want to build a memorial archway.

This is carnival, it's all about freedom and indulgence.

In any case, Hong Kong Island’s East-West fusion beer carnival was a success, which will once again increase the number of tourists to Hong Kong Island.

(End of this chapter)