Reborn in Brazil As a Plutocrat - Chapter 422

Chapter 422 Bank for International Settlements

The old fox Charles Morgan also said with a smile on his face when he heard the words:

“Yes! It happens that Alvin is here, and the three of us can come up with a charter, but here, I also want to explain. It is not a big problem to want the local government to provide guarantees for the highway construction project with taxes.

However, it is definitely unrealistic for the local government to deposit the same tax as the loan amount into the bank that provided the loan. We must first clarify this point.

After all, this is the right that only other central banks have. Besides, if the local government has so much tax revenue that can be deposited in this bank, there is no need for them to ask us to borrow money to build roads. ”

In just a few words, the wishful thinking put forward by Fang Lang was knocked out of the world, and everyone returned to reality.

Even, the importance of this bank is deliberately weakened.

Fang Lang heard the words, flicked the cigarette ash in his hand, and smiled calmly:

“Mr. Morgan is right, I just said it casually before. But this does not mean that we have no chance to use this matter to establish contact with the central banks of various governments!

As long as we can establish contact with the central banks of various countries, does it mean that we have obtained the qualification to enter the country to engage in financial business?

In the upcoming European aid plan, does having this qualification mean that we can directly provide loans to other industries in various countries? I think everyone knows what it means!

These are the most basic financial businesses, and what I am concerned about is that once this bank establishes contact with the central banks of these countries at the same time, it means that there is a really big business that opens the door to us. ”

Fang Lang’s meaning is very simple. You Morgan want to reduce the importance of this bank, so I want to increase its importance so that you will not easily gain control of this bank.

But the real big business he said at the end still attracted everyone’s attention. Both Eli Morgan and Halken Morgan looked at Fang Lang in surprise, a little confused about the big business the other party said what exactly is it.

But when the old and cunning Charles Morgan heard Fang Lang’s words, a bright light flashed in his eyes, as if he had guessed.

Alvin Rockefeller always smiled and said to Fang Lang with a smile:

“Haha Fang, it seems that you have a better idea, which is really great. Why don’t you come forward to form this bank!

I fully believe in your business acumen. I am willing to incorporate our Chase Manhattan Bank into your plan. What do you think? ”

I have to say that Jiang is still old and spicy. Fang Lang’s jaw dropped when Alvin Rockefeller said this. It also stunned several members of the Morgan family.

The Morgan family, who just wanted to become the major shareholder to control the bank, was kicked out of the organization right by Rockefeller’s words in a blink of an eye.

As for his proposal to merge Chase Manhattan Bank, which is controlled by his family, into this bank, he obviously wants to obtain enough shares and voice.

Before Fang Lang could answer, Harken Morgan on the side couldn’t help it, and spoke first.

“No, the financial industry is the main business of our Morgan family, and we are professional in opening a bank. The right to organize this bank must remain in the hands of our Morgan family.”

Fang Lang and Rockefeller frowned when they heard this, but Alvin Rockefeller soon smiled and turned his attention to Fang Lang.

It looks like Fang Lang is following the lead.

Of course Fang Lang would not easily believe what Alvin Rockefeller said. This was obviously the opponent’s strategy. If the Rockefeller family really merged Chase Manhattan Bank into it, how could it be possible for him to gain the dominance of this bank.

Not to mention the current Global Morgan Bank, Fang Lang is only the major shareholder, owning 70% of the shares, and the other 30% is still in the hands of the Morgan family.

The Brazilian Development Bank in Brazil, although it has developed very well in the past two years, Brazil is not the United States, and its size has always been where it is. If it is incorporated into this project, it is obviously not comparable to the Chase Manhattan Bank of the Rockefeller family.

So, don’t say that the Morgan family will not agree to this plan, even Fang Lang will definitely not accept it.

But Alvin Rockefeller’s position still made him very satisfied. After all, there are three members of the Morgan family here, and there are only two of them together.

Fang Lang’s eyes glanced at the huge clock in the room inadvertently, and it was already half past two in the middle of the night. He looked at the other people who seemed to be still very energetic.

Helplessly sighed:

“Everyone, I know what everyone is thinking. They all want to get more shares, but it’s too late now. Can everyone show a little sincerity openly.

Don’t waste everyone’s time dawdling. ”

After speaking, he glanced at the few people in the room again, and saw that everyone was waiting for you to speak first, so he said helplessly:

“Okay! Since everyone is unwilling to speak first, let me speak first!

First of all, I would like to thank Mr. Rockefeller for his kindness and allowing me to come forward to organize. But everyone knows that my main job is in the military, and I don’t have much time to manage specific businesses.

So, here I want to say sorry to Mr. Rockefeller, I am definitely not suitable to be the organizer of this bank. Although Mr. Harken Morgan’s words are not very pleasant to hear, he has to admit that the Morgan family is indeed a real expert in the financial field.

Therefore, regarding the specific management of this bank, my opinion is that the Morgan family is in charge. ”

After finishing speaking, he glanced at Alvin Rockefeller, and saw that he was lowering his head and slowly filling his pipe with shredded tobacco, as if he hadn’t heard Fang Lang’s words.

But Fang Lang knew that the other party must also agree with his point of view, after all, he did not raise a refutation.

After hearing Fang Lang’s words, Halken Morgan and Avery Morgan both beamed with joy. Only the old fox Charles Morgan was still waiting for Fang Lang’s next words.

“But since everyone is working together, at least fairness must be guaranteed. Therefore, my opinion is that the proportion of shares will be distributed according to 30% of each company, and a part of the remaining 10% will be used for the future of the bank. Management equity incentives.

Of course, since it is decided to hand over the management of the bank to the Morgan family, this share can also be controlled by the Morgan family. ”

After hearing Fang Lang’s words, Alvin Rockefeller lit his own cigarette with a match, while looking at Fang Lang and the Morgan family from the corner of his eye.

I found that Fang Lang was looking at him, his eyes were very clear, and he had a clear conscience.

The members of the Morgan family frowned a little, obviously not satisfied with Fang Lang’s distribution plan, and even Harken Morgan stared at Fang Lang fiercely.

Alvin Rockefeller already had an idea in his heart just at this glance, no matter whether the previous people reached a consensus on the distribution of shares.

Now Fang Lang’s proposal is definitely not the proposal of the Morgan family.

This made him feel a little relieved. From the fact that he took the initiative to push Fang Lang out to organize the establishment of the bank, it can be seen that he is not very interested in the control of the bank, or that he is not very sure.

After all, it was Fang Lang’s invitation that he was able to participate in this meeting this time. Judging from what happened, this was also Fang Lang’s temporary intention. As a guest, he has the opportunity to participate in it, and he has already made a lot of money.

So, he never thought about earning this control. He is also very clear in his heart that this control is not something he can just fight for.

Fang Lang’s distribution ratio is quite satisfactory to him.

Now Fang Lang’s eyes are looking at him, obviously wanting to get support from him. After realizing that Fang Lang did not partner with the Morgan family to deal with him, he took a puff of cigarette and gave Fang Lang a reassuring look.

Then he looked at the expressionless old fox Charles Morgan, and slowly said:

“Mr. Charles Morgan, I think what Fang Lang said is very reasonable, and I take his opinion.”

Eyes narrowed slightly, Charles Morgan, who looked as if he was tired and a little sleepy, heard a flash of light in his eyes, and did not speak.

Harken Morgan on the side stared closely at Fang Lang’s face, and said very dissatisfied:

“Fang, our Morgan family is very kind to you. We just agreed to transfer 10% of the shares of General Electric to you, and promised to support the grain export business of your Nice company.

Unexpectedly, you would stand with the Rockefeller family and betray our Morgan family. ”

Fang Lang frowned at these words. He really didn’t understand how someone like Harken Morgan became the chairman of Morgan Corporation. Even a bank employee with a little bit of emotional intelligence couldn’t say such a thing. !

He really didn’t want to discuss these boring issues with the other party, but since the other party opened his mouth and Charles Morgan didn’t intervene, he was not polite, and said directly:

“Mr. Harken Morgan, please clarify that I was not the one who betrayed our friendship first. If I remember correctly, our original agreement was that the Morgan family assisted me in winning the grain export project of the European aid program!

The shares of General Electric are the compensation Mr. Charles Morgan said to me. ”

After hearing Fang Lang’s words, Halken Morgan looked dissatisfied, and wanted to continue to refute. Mr. Charles Morgan, who had been silent all this time, finally opened his eyes, glared at Halken Morgan fiercely, and then Haha smiled and said:

“Haha Fang, don’t mind, Halken is just talking in a moment of anger. I believe our friendship will last forever. As for your proposal, I think it is very appropriate, and I agree very much.

But now there is a small problem here. If we set up a new bank now, it will appear too purposeful, and it will easily arouse the vigilance of European countries.

I have a new proposal, you guys think about it and see if it works. ”

Fang Lang and Rockefeller glanced at each other before looking at Mr. Charles Morgan and saying:

“Oh! I don’t know if Mr. Charles Morgan has any new proposals. Please feel free to bring them up. I will definitely listen to them.”

After hearing Fang Lang’s answer, Charles Morgan did not answer immediately, but continued to look at Alvin Rockefeller on the other side.

The eyes of the two met in the air, and sparks were detected.

“Mr. Morgan has any good suggestions, please don’t hide your secrets, just say it straight.”

After getting affirmative answers from the two, Charles Morgan said unhurriedly:

“I don’t know if you two have heard of the Bank for International Settlements.”

Alvin Rockefeller had obviously heard of this bank, so he nodded without hesitation.

Fang Lang was taken aback for a moment. Fang Lang had really heard of this bank. After all, this bank is responsible for the currency clearing business among EU countries. All stock investors who speculate in foreign exchange should have heard that this bank is the institution responsible for the settlement of these international foreign exchange transactions.

But if he remembers correctly, this bank should have been the settlement institution of the OECD in the first place! The OECD was established in the 1960s and 1970s, so why should there be a Bank for International Settlements at this time?

Charles Morgan seemed to see Fang Lang’s doubts, and thought that the other party had never heard of this bank, so he explained:

“After the end of World War I, Germany, as a defeated country, needed to pay war indemnities to the victorious countries. This work had always been the responsibility of the Reparations Committee.

Until 1930, after repeated communication and fighting between our Morgan family and the League of Nations, an international agreement was signed at the Hague Conference in the Netherlands, and it was decided that our Morgan Bank would organize some American banks, such as Citibank of New York and Citibank of Chicago, etc., and Britain, France, etc. , Italy, Germany, Belgium, Japan and other central banks jointly established the “Bank for International Settlements”.

According to the agreement reached between the governments of Britain, France, Belgium, Germany, Italy and Japan and the Swiss government, Switzerland promised to issue a CCB charter to the Bank for International Settlements. The property of the bank is not expropriated, seized and confiscated, the bank is allowed to import and export gold and foreign exchange, and enjoys diplomatic privileges and immunities.

The role of this bank is to replace the original reparations committee, implement the distribution of reparations to Germany and supervise German finances.

But with the outbreak of World War II, this bank has existed in name only.

So, in order to make our purpose less obvious, I think we can repurpose this bank. ”

Fang Lang couldn’t help being a little stunned when he heard this explanation. He didn’t expect that this bank had been established as early as 1930, and it was also responsible for the distribution of indemnities to Germany.

This is indeed the case. It was not until 1961 that the Bank for International Settlements (BIS) became the settlement institution among member countries of the Organization for Economic Cooperation and Development. Provide convenience for business, and accept entrustment or act as an agent to handle international clearing business, etc.

Has successively become the agent of the exchange guarantee of the central banks of member countries of the European Economic Cooperation Organization (Organization for Economic Cooperation and Development), the trustee of the European Payment Union and the European Coal and Steel Community, and the agent of the European Monetary Cooperation Fund established by the member states of the European Community. The Bank for International Settlements is not an intergovernmental financial decision-making body, nor is it a development aid agency. It is actually a bank of Western central banks.

Obviously, what Charles Morgan means is to let everyone buy this bank that has no original function, and use his close connection with the central banks of various countries to directly implement their plans.

Alvin Rockefeller glanced at the shocked Fang Lang, winked at the other party, and Fang Lang nodded knowingly. They said to Charles Morgan together:

“good!”

(end of this chapter)