Extraordinary Genius

Feng Yu once told Minsheng Bank that the US market was very chaotic at this time. Risks and opportunities coexisted. If you encounter large transactions, you must inform him.

This time, someone is going to borrow $3 billion in the short term, which is a very large number, far exceeding the total amount of suction deposits of the Voice Bank in the US, and of course reporting it to Feng Yu.

However, according to the head of the Minsheng Bank on the US side, it should be borrowed, and the other party's credibility is very good.

It's the Bank of America, New York Branch. Bank of America, which used to use the name Bank of America on the Huaxia side, because they were a private joint-stock commercial bank, in the name of Bank of America, worried that people on the Huaxia side thought it was a bank of the U.S. political axe.

But in fact, although this is a joint-stock commercial bank, it still has a great relationship with the US government axe. For example, in the family of shareholders of these banks, there are people holding positions such as councillors.

Less than a year later, several banks in the United States had collapsed and lending between major banks had become increasingly cumbersome and scrutinized.

Interbank interest rates were also raised by the Bank of America and others, precisely because of this, exacerbating the rate of closure of many small banks. Anyway, big banks mainly borrow from outside, of course it is best to make more profits, small banks close down, they have the same way to recover their principal money.

“President Feng, this is a U.S. bank document that gives us a lot of interest. And we've analyzed that after a massive downsizing of the Bank of America, the costs have fallen considerably, and it's perfectly possible to overcome this dilemma. ”

Feng Yu simply looked over and threw the document aside: “This interest is not the highest, tell them that we want to rate the highest interest and have priority in repayment rights. ”

The so-called "priority repayment right" is that when the contract expires, Minsheng Bank can ask Bank of America to repay their money first, because at this point Bank of America may have borrowed money from multiple banks.

Priority repayment reduces the risk to Voice Bank. However, where priority repayment rights are generally required, interest is relatively low. With low risk, profits are naturally low.

Feng Yu now needs both the highest interest and priority repayment rights. It is clear that the robbery is to be carried out while the fire is still in progress.

At the request of the State ~ and Xiaobu X offices, the Bank of America will help some enterprises to overcome the difficulties and take over some financial enterprises applying for bankruptcy. Of course, the Axe side of the US government will also give the Bank of America certain commitments, such as ensuring that their debts can be recovered on time and giving some other facilities.

Why does Xiaobu X have such a good relationship with Bank of America? Mainly the shareholders behind Bank of America, in fact, are strong supporters of Xiaobu X.

Boo X stood behind many armies ~ arms dealers, which everyone knew, so when he came to power, he started many wars ~ war, which greatly helped those armies ~ arms dealers make money.

And the headquarters of the Bank of America is California. What's the most important industry in California, Army?

So why would Bank of America support Boo X's decree, because it's a deal in itself? And in the future, they will continue to push the top ten families and maintain their cooperation.

Even now, they cannot watch Boo X fall, which affects the reputation of the Boo X family and has a significant negative impact on their future cooperation.

Besides, even if they were grasshoppers on a rope, of course they had to jump to one end.

Not to mention helping Axe take over some of the businesses that are on the verge of bankruptcy, which they don't necessarily lose. First, some bad assets will be divested, and then they can take the opportunity to expand their business and get some high-risk bonds or something.

A policy on the Axe side would allow them to appreciably appreciate the bonds in their hands, thus freeing them from losses and making good profits.

There was also a lot of support for Xiaobu X in the previous life. This crisis between the two housing groups, the Bank of America also did it. From a commercial point of view, the two housing groups must be doomed, but if the political axe helps, the two housing groups will have time to turn around.

Bank of America is going to borrow for a short period of time, definitely also to wipe the asses of the two housing groups, or find other ways to make money here.

Now that Bank of America is looking for Minsheng Bank, a foreign bank that doesn't leak, it means they really need money.

Then take advantage of the opportunity to ask for the highest interest, the best conditions?

Anyway, Minsheng Bank and Bank of America are not partners. Everyone is still a competitor. When are we going to stay if we don't do this?

The mayor of Bank of America's New York branch frowned at this moment, and the Folk Voice Bank spoke too loudly, not only offering the highest interest, but also giving priority to repayment rights.

They're still hesitating, and they're proposing another one to settle with RMB at that time's exchange rate. So now you borrow three billion dollars, and that's about 22.2 billion RMB at the 1: 7.4 exchange rate.

By the time you repay it, it will be repaid in US dollars at RMB 22.2 billion, as will interest.

But everyone knows that the dollar is depreciating, although RMB is not strong at this time. By the time they repay, the original $3 billion in principal could have gone up by nearly $100 million!

This part of the gap could have covered the US Bank's interest expenses, but now they're losing more.

Bank of America is taking over some of the businesses of the two Housing Groups at the moment, as requested above, to help the two companies overcome their difficulties and, of course, in exchange for other conveniences.

Originally, a small bank like Minsheng Bank was not considered for short-term borrowing, so small, you don't necessarily get a billion dollars? But when they found out that the major shareholder of Minsheng Bank was Feng Yu, they thought that the bank could definitely come up with the money.

It's just that they didn't expect this Voice Bank to be so greedy and put up such harsh conditions!

Other commercial banks in the US are also difficult at this time, like the flag and other good ones, but they are reluctant to lend to the US Bank, and do not want the US Bank to take advantage of the opportunity to grow.

US banks don't have a lot of options, and Europe borrows them, not enough at all. They can't let go of any of their peers who can borrow money at this time, so even if the conditions of the Voice Bank are harsh, they have to bite their teeth and say yes.

Now they're just thinking, are they wrong to be the first commercial bank to raise interbank rates? They used to borrow money from outside, but of course the higher the interest rate, the better the price.

But now it's their turn to borrow money, and this high rate of interest splitting can get them tired.

One accidentally picked up a stone and smashed his own foot!

……