Chapter 734: Stand Up

Although the French police finally released Benjamin Rothschild after 48 hours in custody, the investigation into the illegal transfer of losses from NM Rothschild Bank and the murder of Badou Boyd is still continuing. Among...

The situation of the LCR Rothschild Group can be said to be getting worse day by day.

Affected by this series of events, the share price of LCR Rothschild Group fell by more than 70% in just half a month. This caused the Rothschild family to rely on its holdings in LCR Rothschild Group. Many loans secured by stocks are facing calls from banks - they must either provide sufficient collateral or repay the portion of the loan that exceeds the mortgage limit.

Moreover, the scale of wealth managed by LCR Rothschild Group has dropped sharply from about 70 billion euros before to less than 15 billion euros, and it is still decreasing...

It can be said that the scale of funds they manage now is still nearly 15 billion euros, but this part of the assets has not yet had time to be cashed and returned to customers.

As for David Rothschild personally coming forward to ask France for government assistance...

The government’s response is that in view of the many problems exposed by the LCR Rothschild Group, their request for rescue will not be considered until the Financial Market Authority’s investigation reaches a final conclusion.

However, the Rothschild family has also received news that their angry clients who have suffered losses due to their investments are already discussing and preparing to file a collective claim lawsuit against the LCR Rothschild Group...

“I spoke to Akwaye today. Most people, including the president and the finance minister, are very angry about the transfer of losses by NM Rothschild Bank and the murder of Badu, although he has a good relationship with us. , but also pointed out that we must bear these responsibilities before we can receive relief..."

In the evening, David Rothschild called Benjamin Rothschild to his home again and said to him.

"But Badu was not killed by us at all!"

After hearing Benjamin's words, David looked directly at him with falcon-like eyes and said lightly:

"It's not important at all, Benjamin. If at other times, not to mention the death of a person, even the bank's matter could be solved..."

He lit the cigar, looked at the flickering light on the cigar, and felt the feeling of the smoke in his mouth:

"But the problem now is that we were caught when we were at our weakest. Can you guarantee that those people will not find any problems in the bank?"

"I……"

Benjamin shook his head:

"It happened so suddenly. The people from the Financial Market Authority acted very decisively. We didn't have time to do much. It should be just a matter of time..."

"Have you ever thought that because they didn't find out so quickly, it's possible that it's not that they couldn't find out, but that they were delaying the investigation?"

"you mean……"

Seeing his nephew's surprised and somewhat enlightened expression, David nodded:

"As long as they are investigating, we will not be able to use our connections to get help. This may be the result they want..."

David walked up to Benjamin, patted him on the shoulder, and said:

"Benjamin, you are part of our family, and at times like this, someone needs to step up."

…

"As my friend, win-win cooperation is what I pursue..."

After briefly spending time with his family at Grace Lavender Manor, Barron returned to New York again.

Facing his allies this time, Barron said:

"Judging from the attitude of the French side, they are happy to see the Rothschild family weakened, but they will still retain part of their business... and a considerable part of the Rothschild family's business, they prefer to be taken over by local consortiums , as you know, the French have always been relatively persistent in this regard..."

Lloyd and Jamie Dimon exchanged a look, and then Lloyd asked:

“So besides the gains from our short sale this time, what else can we get?”

"Don't think I don't know, sir, some of the funds withdrawn from the LCR Rothschild Group were handed over to your management."

Faced with Barron’s words, Jamie Dimon responded indifferently:

"Didn't DS Group also get a lot of shares? Your Highness the Duke."

"This shouldn't be our argument..."

Barron shrugged and said:

"I will get a part of the bank shares controlled by the Rothschild family. As compensation, I will give you a part of the short-selling operation in Japan and South Korea. I believe this will satisfy you."

Hearing Barron's words, Lloyd and Jamie Dimon smiled at the same time.

Compared to Japan and South Korea, Barron is more concerned about Europe, although this time he shorted Europe together with Wall Street capital such as Goldman Sachs and JPMorgan Chase, and targeted the Rothschild family.

But after that, he does not want to see American capital take the opportunity to control more European financial industries, especially after the Rothschild family will inevitably lose blood. If the fat they have lost is obtained by Wall Street capital, , then France, as a relatively independent country in Europe, will be penetrated.

In Barron's view, Europe is his private land. Even from the attitude of the French government, if they push too hard, then the possibility of them turning to rescue the Rothschild family will increase greatly.

Therefore, the best result is that he gives up some of his interests in Japan and South Korea in exchange for more Rothschild "legacy" this time.

After all, compared with South Korea, which is more docile to the "American daddy", Japan will still try its best to retain some of its independent capabilities even if this part is getting smaller and smaller, even if the military and economy of Japan are controlled by the United States.

For example, in terms of economy, Japan's financial industry can be said to be infiltrated by American capital, but in manufacturing, there are still some core enterprises that are not controlled by Wall Street.

In this case, Barron simply gave up some of his interests in Japan and let Wall Street capital take the lead.

This is also the main reason why he formed a tacit understanding with Wall Street tycoons such as Lloyd and Jamie Dimon after coming to New York this time - he also did not want to immediately have a rift with these people because of "unequal distribution of profits" after this action against the Rothschild family.

It is also very important for Barron to be able to repair this relationship as long as possible, at least it can give him more time to develop.