Just selling the shares of the Schroder Group only returned 145 million pounds.
Although this eased the bank's crisis, it was a stopgap measure that did not address the root cause.
Knowing that the Banco Bilbao Vizcaya had received some of the funds, depositors waiting to withdraw their money would follow even more closely.
After all, at this time, there is no reason for the Banco Bilbao Vizcaya to find excuses to delay. If they don't hurry and take the opportunity to withdraw their money now, will they wait until later when they really run out of money?
And George Berkeley, who had received Xia Yu's order, also knew that three days was a very tight schedule. He immediately used his means to fuel the flames, which made the situation of the Banco Bilbao Vizcaya even worse.
...
After a full day of intensive screening, Carmen Francisco finally managed to find a lot of information, and this information made her shudder with fear.
She hurriedly informed Saren Francisco.
When she met up with her cousin with a thick stack of information in her hands, she found him fuming with anger about the current state of the stock market.
Although Saren Francisco could do nothing about the stock prices of those listed companies in the family,
it didn't mean that he wasn't concerned.
On the contrary.
He has arranged for someone to specifically track and collect the stock prices of each company, while a think tank analyses and judges them non-stop.
However, the situation in the stock market in the previous two months and after the opening today made it hard for him not to be anxious.
Upon seeing his cousin Carmen arrive, his heart tightened, and he immediately asked, 'Cousin, what's the situation with your investigation?'
'Saron, the situation is very bad. Shareholders of all the family-owned companies have sold their shares,'
'Not only that, but some shareholders of non-listed companies have also sold their shares.'
'As for the identity of the buyers, some shareholders refused to tell us, and even if some did, they were actually glove companies, so our investigation has been very difficult.'
'However, after a lot of analysis and investigation, we have found some clues.'
'And the enemies pointed out by these clues are all very powerful. You can take a look.'
Carmen Francisco finished speaking and handed over the investigation materials in her hands. The latter immediately took them and sat down on a nearby chair, forcing himself to read them.
The more he read, the uglier his face became.
The familiar names in the investigation materials were the major shareholders of different companies. Many of them he had met recently, but they had fallen on hard times and turned on the Francisco family at a critical time.
This made him extremely angry!
These major shareholders all held a significant percentage of the shares, and if their shares were acquired by the same enemy, it would deal a fatal blow to their family.
Time passed quickly.
When he reached the last page,
he saw a long list of names on it. His pupils suddenly contracted, his fists unconsciously clenched, and the material in his hands crumpled.
The Stewart family!
The Corsini family!
The Borgia family!
The Lillot family!
...
The Bright Foundation!
Carmen Francisco, who had been watching, saw that his cousin had finished reading and immediately said with a heavy heart, 'Saren, some of these enemies are very powerful. Many of them are top families in the country. According to the investigation, they have been plotting against our family for a long time. This is because their actions are very targeted and discriminating, and their targets of attack are very clear.'
'In addition, among the foreign enemies, the strongest is the Bright Foundation. The Bright Foundation's acquisition offensive is also the most rapid. According to the analysis of the think tank, the Bright Foundation is likely to have acquired more than 20% or even more than 30% of the equity of many companies!'
'And these are only the situations we have investigated so far.'
'You have to know that the top ten shareholders of each company may also be concealing information from us.'
'And we haven't had time to investigate the shareholders after the top ten.'
'Although the number of shares held by these small shareholders is not large, when added together, it is not a small amount!'
Every word that my cousin said was like a hammer, pounding on Salen Francisco's heart.
Anger?
Panic?
These two emotions coexisted at the same time, mixing in Salen Francisco's brain and causing his thoughts to become extremely chaotic.
The high pressure caused his eyes to quickly fill with blood, and they were covered in bloodshot.
For a long time.
He looked at his cousin Carmen and said hoarsely, 'Cousin, just now, the people downstairs reported to me the on-site trading situation of each company.'
'You take a look too.'
'We have to make a decision.'
Following the gaze of Salen Francisco, Carmen saw the paper materials on a small table about four or five metres away and immediately walked over to pick them up and read them.
Iveldora Company Stock Trading Data:
[1] Trading volume from 1 January to 31 January...an increase of 89.34% year-on-year and 143.47% month-on-month...
[2] Trading volume from 1 February to 28 February...an increase of 124.37% year-on-year and 185.12% month-on-month...
[3] Trading volume on 1 March...an increase of 1208.37% year-on-year and 1924.66% month-on-month...
Data from the Spanish steel company Esserriell:
[1] Trading volume from 1 January to 31 January... 91.37% increase year-on-year, 104.58% increase month-on-month...
[2] Trading volume from 1 February to 28 February... 116.42% increase year-on-year, 175.91% increase month-on-month...
[3] Trading volume on 1 March... an increase of 1,424.39% year-on-year and 2,328.34% month-on-month...
Farol Group trading data: ...
...
Year-on-year data compares the current period with the same period last year, while month-on-month data compares the current period with the previous period.
Each company's operating conditions are different, as are their asset sizes and industry prospects, so naturally the fluctuations in stock prices and trading volumes will also be different.
However, from these data, it is still possible to intuitively see the problems within.
Among the dozens of listed companies listed above, about two-thirds have seen a sharp increase in the year-on-year growth rate of trading volume since January.
For the remaining one-third, the year-on-year growth rate in January was single digits or even a decline, and it was only in February that the year-on-year growth rate of trading volume skyrocketed to dozens or even hundreds of points.
This shows that
the enemy did not initially select all of the family's listed companies to secretly buy shares, but rather began to increase its efforts further in February.
Take the stock trading volume of Yiwu Erduola, for example. In January, it increased by 91.37% year-on-year, and in February, it increased by 116.42%.
If you compare the trading volume in February with that in December last year, the growth value is an astonishing 314.16%!
It's much more ferocious than in January!
As for the value on March 1st, which increased by more than ten times year-on-year, the explanation is even more obvious. The scene of the enemy openly and comprehensively smashing the market yesterday is still vividly in front of my eyes!
Even if only a portion of the stock transactions in January and February were successfully acquired by the enemy, the corresponding stock volume is extremely large!
Even if the Spanish stock market is not active, the daily stock trading volume is not large, and the stock turnover rate of individual companies is not high!
The stocks the enemy acquired from shareholders + the stocks secretly purchased on the secondary market = ?
Maybe.
The combined shareholding of the enemy in a particular company has already exceeded theirs!
'Saren, if we combine the two investigations, then most of our listed companies are in a dangerous situation.'
'We are no longer able to stop the enemy from buying up shares in all our companies, and the situation will only get worse if we drag our feet.'
'The most important thing is that once the bank goes bankrupt, we will lose control of it. With our current asset control model, we will lose control of all our companies!'
Looking at his cousin, who was full of worry, Saren Francisco's mouth was unusually bitter, and he nodded: 'I know.'
'So we must save the Banco Bilbao Vizcaya to minimise losses.'
As the saying goes, fear brings what you fear.
Just then.
With a 'bang!' the door was pushed open.
Before Saren Francisco could get angry at being startled, the person who came in reported in a panic, 'Chairman, there's trouble! Depositors from two branches in Madrid have had a violent confrontation with our staff because they can't withdraw their deposits. The situation is out of control and rapidly deteriorating, and a large number of media are gathering!'
'What?'
Francisco Salen slammed his hands down on the table, his face full of horror. A thought immediately sprang to his mind: 'Madrid is the location of the bank's headquarters, and there have been two violent conflicts in the branch here. What will the depositors around the world think?'