Kapitel 1509: Chapter 1509: We have no choice!
The two days passed in a flash.
Xia Yu spent a relaxing and enjoyable weekend in the company of his wife and the laughter of his children.
However, for the staff of the Bilbao Vizcaya Bank, it was a devilish weekend of endless overtime.
In Spain, it is still relatively easy. The legal working days for banks are Monday to Saturday, and many branches can at least close on Sundays and escape the nagging of depositors. It is the administrative and operational departments that are busy.
In some countries in South America, bank branches also have weekend shifts.
But this can only stop individual depositors.
For large depositors who have made appointments, especially corporate depositors, it is not as simple as just not working.
Even with the convenience of weekends,
The Bank of Biscay in Bilbao still suffered a substantial loss of liquidity.
Over two days, more than 2.7 billion US dollars in liquidity was withdrawn.
If it had not been for the urgent disposal of some assets to return funds and the Spanish government's request for a temporary bailout of up to 1 billion US dollars,
the Bank of Biscay in Bilbao's pool of funds would have been on the verge of drying up.
Even so,
The bank's liquidity was only about 1.5 billion US dollars.
For a bank with assets of more than 60 billion US dollars and more than 5,000 branches worldwide, the risks were still huge.
Some of the cash reserves in the business network were simply not enough, and some had even run out!
The cash allocation problems behind these issues were a huge project that would take a long time to solve.
Not to mention the fact that the main problem is that there is not enough money!
The details of the Banco Bilbao Vizcaya were already known to the network, and regular feedback was sent to the Illuminati.
What Saren Francisco did not know was that
on Sunday night
Crest Alec had once again organised a meeting with the Duke of Alba, the Duke of Granada, the Duke of Valencia and the Marquis of Madrid to discuss the final plan for a full-scale attack in light of recent changes.
This plan exploded less than ten minutes after the Spanish stock market opened the following day.
There were a large number of sell orders for the shares of all the listed companies owned by the Francisco family.
In addition, many financial institutions received a large number of bets.
Without exception, these bets were all against the listed companies of the Francisco family.
Such behaviour revealed the confidence and determination of the attack.
The more so, the more these financial institutions that hold the shares of the relevant companies are reluctant to accept the bet.
Instead, they were thinking of whether they should sell as quickly as possible, while deploying all their resources to gather information.
After all, the financial core of the Francisco family was in deep trouble!
Compared to the Banco Vizcaya-Bilbao, all other companies were less important.
If the situation continued to deteriorate, it was hard to say that the Francisco family would not abandon the sinking ship.
If the major shareholders all fled, it would be too late for the minority shareholders to do the same.
They could easily find themselves in a situation where they are at the mercy of others.
Therefore, some financial institutions with relatively conservative investments or less risk resistance were decisive and directly ordered to sell.
In less than 20 minutes.
The situation of the Spanish stock market spread throughout the capital markets of Europe.
England, Rothschild family castle.
After just handling a fund transfer, Jacob Rothschild received urgent news from Spain and immediately called Saren Francisco despite his fatigue.
'DING DING DING...'
Staring at the ringing phone on his desk, Jacob Rothschild's face was very serious.
'Click!'
It rang for a long time without being answered, so he put the receiver back down.
'Damn it, the difficulties encountered by the Francisco family have escalated, and our strength has been weakened again!'
'The Barret, Rhodes, and Oppenheimer families have already switched sides to the Light Foundation camp.'
'The Wallenberg family now wants to retreat to Sweden.'
'According to the current situation, the Francisco family is in a more serious crisis than the Wallenberg family. The backlash from the past few decades has all come at once. The Light Foundation has joined forces with the Francisco family's enemies. Saren Francisco definitely won't be able to hold on... sigh...'
Charles Locher, sitting on the sofa, could not help but lament.
Jacob Locher frowned, knowing full well the simple truth.
He was just thinking more deeply.
He said with some concern, 'The defection of the Barretts, the Rodds and the Oppenheimers is very harmful to us, but it is more of a long-term harm.'
'These three families are not on the same level as the Warburgs and the Francisco family.'
'When the alliance was formed in Austria, it was a six-party alliance between the Hohenzollern, the Agnelli, the Warburgs, the Frick, the Francesco and us.
'When the Warburgs were targeted, it already dealt a major blow to our six-party alliance. Now the Francesco family has become the enemy's primary target, which will cause even greater harm to our alliance.
'Yesterday, the Agnelli family lent us 300 million pounds. If they were to borrow money today, even if Gianni Agnelli would lend it, he would not necessarily lend as much...'
'They will also become more conservative!'
Charles Lochiel listened, his fists subconsciously clenching. After a long while, he let out a long breath and said in a deep voice, 'You are right!'
The Hohenzollern and the Freys also had enemies in West Germany, and although the Agnelli family was dubbed the folk royal family of Italy, they also had many enemies.
The Francesco family was now caught in a whirlpool, and they did not want to get caught in it too!
'Ring ring ring!'
Just then!
The satellite phone on the desk in front of Jakob Rothschild rang with a hurried ringtone, and he quickly answered: 'Hello...what? Salengang just asked you for help? You're asking for my opinion?'
'I just tried to call him, but I couldn't get through. For the time being, our family still needs to discuss it, but you should know that the enemy's greatest firepower has always been directed at me...'
'...other means?'
'I understand what you mean. I'll call you back later!'
With that, Jacob Rothschild hung up the phone, perhaps because his attention was fully focused on thinking, and he even put the receiver down twice before putting it in the right position.
'Jacob, Gianni Agnelli is trying to
Charles Locher's words were interrupted by Jacob Locher's reply.
'His confidence has dropped again!'
'He can't grasp the direction of the current chaotic situation.'
'He doesn't want to take risks and wants to use other means to quickly quell the war and restore order to the capital market!'
After listening to his cousin's account, Charles Locher's brow was knitted together and his tone of voice carried a hint of anger: 'Why don't we want to restore order to the market?'
'But at the moment, the opinions of the member states of the European Community have not yet been unified. If we want to achieve this quickly, we must first compromise within Europe, and we must make sacrifices.'
'There is no doubt that we will suffer great losses, and these losses will not be suffered on the battlefield, but at the negotiation table. This is so frustrating!'
Jacob Rothschild snorted: 'Yes, the biggest losses will definitely be borne by us!'
'After that, it will be the Warburg and Francesco families, which will be caught in a whirlpool!'
'It won't be the Agnelli family anyway!'
After quickly finishing his tirade, his emotions seemed to have been somewhat vented.
After taking a few deep breaths, he said with a sigh, 'If the roles were reversed, we would have made the same choice as him.'
'After all, the Agnelli family's goal of joining the Alliance has never changed, whether it was before or now...'
'Increase our public relations efforts!'
'But if we do this, most of our enemies may be stopped, but the strength of our European enemies, led by the Illuminati, will be greatly...' Charles Lochiel couldn't help but point out the drawbacks.
Jacob Lochiel fixed his cousin with a stern gaze and said, 'We have no choice!'
'As long as we don't completely sink, we will never lose!'
After a long while,
Charles Lochiel sighed, and then his gaze became firm and sharp. He nodded and got up, walking towards the door.
'You're right, there's still a long way to go...'
Wöchentlicher Energiestatus
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