To establish your own consortium, a bank is an indispensable core.
Under the instruction of Yang Jing and with the support of sufficient funds, KY Investment Fund has now begun to quietly lay out its plans. In addition to forcibly acquiring Hartford National Company and Arlington Trust from the clutches of the Boston Consortium, the layout of other financial industries is also underway.
In Yang Jing's planning blueprint, KY Investment Fund will make all the arrangements in advance before the financial merger and acquisition boom in the mid-to-late 1990s, and bring those banks and insurance companies that have potential for development in the future but are relatively weak now under the KY Investment Fund in advance. Although these banks and insurance companies will not merge for the time being, after he really takes over the Dragon Fund, these banks and insurance companies that have occupied the major financial markets in Europe and the United States will merge together in an unstoppable manner and become true giants in the financial world.
Although KY Investment Fund could have established a giant financial enterprise including traditional banks, investment banks, insurance and funds with the help of the financial industry merger and acquisition boom in the mid-to-late 1990s, and formed its own consortium with this financial giant as the core, Yang Jing considered it for a long time and decided to temporarily form a consortium.
Although the Holy Ring also said that as long as he did not participate too much, it would not cause a strong time and space paradox, but if a large consortium that did not exist in the original time and space was really formed, it would inevitably trigger a series of chain reactions. Who knows if uncontrollable situations will arise?
What if God strikes me with lightning and I'm really transported back to ten thousand years before history? That would be pointless.
Therefore, to be on the safe side, the process of forming a consortium can be slowed down until he takes over the Dragon Fund. Anyway, by that time, the skeleton, flesh and blood of the consortium will be ready, and he only needs to give an order, and the companies controlled by the Dragon Fund can form a consortium.
Moreover, once this consortium is truly established in his own hands, his own reputation and status will be greatly enhanced!
Yang Jing believed that with his guidance behind the scenes, the Dragon Fund would definitely develop into an unattainable behemoth in the future. By then, the top ten American financial groups, the Rothschild family, and the Junker Financial Group would all have to look up to him!
If the Dragon Fund is to be established, it must be the best in the world!
Transporting the gold reserves to the core enterprises of the Future Consortium, namely the acquired banks, is Yang Jing's trump card.
These days, even Citibank, the largest bank in the United States, may not have more than 300 tons of gold reserves!
Therefore, once this batch of gold enters the banks under his name as gold reserves, it will definitely help these banks develop better.
Although gold is no longer a currency these days, it is a hard currency that is stronger than any other currency in the world! Otherwise, the Federal Reserve would not store so much gold in the underground vault in New York, and the US government would not store more gold in the underground vault in Fort Knox.
Those who hold a huge amount of gold actually have the real say.
This is absolutely true! Why can the US dollar become the world's only settlement currency? Isn't it because the United States controls the largest gold reserves in the world?
Why did the Twitter president go against China as soon as he came to power? It was because China's national currency wanted to shake the dollar's position as the world's only settlement currency, which led to the stupid Twitter president biting like a mad dog!
But if half of the gold in the US treasury was in China, the US would never dare to be so arrogant!
If you dare to show off, I will use gold to leverage the exchange rate of your dollar and make your dollar's status plummet! Let's see if you still dare to show off!
This is true for countries and for consortiums. If a consortium wants to grow, the banks of its core enterprises must have sufficient competitiveness. Where does the core competitiveness of banks come from? Nothing else, gold reserves!
Of course, Yang Jing will not concentrate all the more than 300 tons of gold in one bank, but will disperse them. Not only in the United States, but also in some European financial companies that are being prepared for acquisition, and large amounts of gold reserves will be sent to them in the future.
Gold is heavy, heavier than most metals. It is for this reason that it can support the foundation of a bank!
More than 300 tons of gold may sound like a lot, but it doesn't actually take up much space. This thing weighs nearly 20 tons per meter squared! The space occupied by these 300 tons of gold is much smaller than the volume of this warehouse.
"Mike, we will first store this gold in our bank vault. You can handle the formalities, but you must keep it confidential. Once all the gold has been laundered, we will send it to other banks in batches for gold reserves."
Mike Aller nodded.
Yang Jing turned to Nathan Brown and said, "Everyone who participated in the transportation of gold today will receive a hush money of $100,000. If anyone dares to disclose the secrets here, you will be punished!"
Hearing Yang Jing's serious words, Nathan Brown also nodded seriously. Since he met the boss, he had never seen the boss so serious, even when he accompanied the boss through the air shock, he had never seen the boss so serious. Although Nathan did not understand finance, he understood that the gold in front of him must be the key to the boss's career.
This chapter is not finished yet, please click on the next page to continue reading the exciting content!
Continue read on readnovelmtl.com