8.6 billion pounds? Robert was completely stunned when he heard this figure. Not only him, but all the shareholders present were also dumbfounded. 8.6 billion pounds! This was 12 times the total capital and reserves of Barings Bank. Even if Barings Bank was sold, there would still be a difference of nearly 500 million pounds. In other words, although Morrison was acting alone, he represented the Barings Bank Group. The deficit of 8.6 billion pounds had to be completely returned by Barings Bank. The small employees in the bank would at most lose their jobs when the bank went bankrupt, and the shareholders had to pay back according to the proportion of shares.
While everyone was panicking, no one noticed Feng Yan's smug smile except for Keiko Yamaguchi.
Although he was in a difficult situation, Robert still had the demeanor of a general. He calmed down and said," Don't worry, tomorrow is the delivery day. Perhaps there will be a miracle. Let's go back and wait for the news.
Robert's words gave everyone a glimmer of hope. Only Feng Yan and Morrison understood that the stock market would not recover to 19000 points in a day's time. The 61039 long contracts on the Nikki index and the 26000 short contracts on the Japanese government bond futures that Ba Lin held would be useless, and he would have to bear a huge debt.
After telling the shareholders to go back, Robert said to Feng Yan and Yamaguchi Keiko in a mocking tone,"I'm really sorry, Mr. Feng, Miss Keiko. Although you bought the shares of the Barings Group at a low price, it seems that you have to bear part of the debt. I really feel sorry for you, especially Mr. Feng Yan. I wonder if you still have any plans to buy the Barings Bank? Obviously, Robert was not optimistic that the stock market would rise to 19000 points tomorrow.
We'll talk about it when the time comes. Feng Yan completely ignored Robert's mockery.
Alright, see you tomorrow. Robert said. Then, he turned to Morrison and said," Morrison, come with me." Robert hated Morrison to death. He had trusted Morrison so much for nothing. He actually came to report the situation during this board meeting without him knowing beforehand. Wasn't this pushing him and the Barlin Group onto the road to death? Up until now, Robert still hadn't realized that this was actually a trap set up by Feng Yan.
Morrison naturally knew how much Robert hated him. Before he left, he looked at Feng Yan with an urgent gaze. Feng Yan nodded at Morrison, telling him not to worry. He had him.
Keiko Yamaguchi took in all of this. When there was only her, Jin Zhexing, and Feng Yan left in the conference hall, she said to Feng Yan, If Mr. Feng is free, I would like to invite Mr. Feng to my residence for a chat.
Alright, I'm all alone in England anyway. It's good to have another companion. Feng Yan agreed. Would Miss Jin Zhexing come along?
Before Jin Zhexing could reply, Yamaguchi Keiko coldly continued," If Director Jin has nothing else to do, he can go back to America.
Jin Zhexing looked at Yamaguchi Keiko, who had a cold expression on her face, and felt hatred in her heart. I've helped you, this Japanese bitch, earn god knows how much money. Now, when I see that I'm going to lose money, I turn my back on you.
Feng Yan looked at the embarrassed Jin Zhexing and sighed on purpose. Actually, you can't blame Miss Jin for this. Who knew that such an unlucky thing would happen? Now that we're in the same boat, one more person means one more brain. Let's think of a way together.
Keiko Yamaguchi looked at the grateful Kim Zhexing. Although she knew that Feng Yan was trying to sow discord, she had no choice but to nod. Since that was the case, Director Jin should stay and discuss it together.
Feng Yan, Keiko Yamaguchi, and Kim Zhexing arrived at the Hilton Hotel by car. On the way, the three of them were thinking about their own matters. The one with the most complicated feelings was probably Keiko Yamaguchi.
In the worst-case scenario, if they didn't get Feng Yan's cooperation, they could earn more than twice the profit as long as they put down their stocks. Now, not only did they not earn any money, but they also had to lose all their capital. That was a huge sum of nearly three billion USD. Not only that, but they also had to bear hundreds of millions of USD in debt. The difference between the previous and the current was too big, and it was difficult for Keiko Yamaguchi to accept it.
What worried Keiko Yamaguchi even more was that her current position in the Yamaguchi-gumi was still unstable. It was fine if she made money, but once she really lost money, those elders would probably be restless. Her wish to replace her father to lead the Yamaguchi-gumi might turn into a bubble. This was something she absolutely did not want to see. Therefore, no matter what, no matter how much she had to pay, she had to recover her losses.
Keiko Yamaguchi booked a presidential suite at Hilton Hotel. It was completely decorated in Japanese style. The Japanese style double pull wooden door and a huge Chinese painting of the word " forbearance " hung on the wall all reflected the seemingly unique Japanese culture.
Keiko Yamaguchi opened the door and invited Feng Yan to sit at the square table. She then personally brewed a cup of fragrant tea for Feng Yan and said," Our Japanese tea ceremony is very famous. This is Biluochun. Mr. Feng, please have a taste.
Miss Keiko is too polite. If you have anything to say, just say it. I'm very busy. Feng Yan found it funny. Japan was only a small place, and there was not even a place that produced tea leaves. How could the tea ceremony be famous?
Keiko Yamaguchi's eyes flashed with a fierce light. Since she was young, no one had dared to disrespect her like this. However, now was not the time to turn hostile. She could only smile and say, Since Mr. Feng has limited time, I will get straight to the point. I am willing to transfer 8% of my shares of the Barings Bank Group to Mr. Feng. What do you think?
Transfer it to me? Feng Yan pretended to be confused. Didn't Miss Keiko not want to sell it earlier? Why was he so straightforward now?
"Mr. Feng has long had designs on the Balin Group. I was just on a whim and listened to some people's slander, which is why I went against Mr. Feng. After thinking about it, I realized that this is against business ethics, so I decided to help Mr. Feng." Keiko Yamaguchi explained. The person she was referring to was naturally Jin Zhexing.
F * ck you, your business ethics. Why didn't you say this earlier? Feng Yan glanced at Jin Zhexing, who had been sitting beside him. Although she was expressionless, Feng Yan knew that there was an irreparable rift between Jin Zhexing and Yamaguchi Keiko. Feng Yan picked up the Biluochun tea cup in front of him and carefully tasted it. He put down the teacup and said,"You know the actual situation in Barings now. Due to the operational mistakes of Barings Bank, they might not be able to pay off their debts. Although tomorrow is the delivery date, there is still a chance of survival. However, with Miss Keiko's intelligence, she should know that if there is no miracle, the bankruptcy of the Barings Bank Group is destined. If you transfer your shares to me now, aren't you pushing me into the fire pit?
Keiko Yamaguchi was speechless. She had always only known how to pass on the risk, but she had never considered how much loss and serious the consequences would be if someone else took the risk. Thinking about it carefully, Keiko knew that this was unlikely. However, during the board meeting, Feng Yan's smug smile and Morrison's eager gaze before he left seemed to give Keiko Yamaguchi hope. Thinking about it carefully, she realized that Feng Yan was in the same situation as her. Although Feng Yan's shares in Balin were less than one-hundredth of hers, she knew that Feng Yan had borrowed money from the Bank of America, and the annual interest rate was as high as 30%. Feng Yan's loss was greater than hers, but why couldn't she see any panic or fear on this man's resolute face? Keiko Yamaguchi's heart was in a mess. She could clearly predict the consequences of this investment failure. She was unwilling to lose all her power and status, but what should she do now? She had already offended too many people in order to climb up to the position of Yamaguchi-gumi's boss. Who else could take out billions to help her now? If no one helped her, she might not only lose her power and status, but she might also lose her precious life.
This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]