Because the eight partners of Long Odahen Bank knew very well that "no one understands the needs of the rich better than the rich themselves!"
After more than 200 years of development, the bank's clients have changed from grandfathers to grandchildren, and the partners of Long O'Dahen have also been passed down from generation to generation. Here, "absolute respect for privacy, unlimited responsibility, and rejection of unstable growth" are truly embodied, and Long O'Dahen interprets the values of classical private banking.
Fitch Ratings gave Long Odahen Bank its highest rating of 3A, writing, "The 3A rating is based on: the bank has strong capital strength, low-risk operations, high performance returns, a long history and traditions, and awe-inspiring industry standards."
Long O'Dahen adopts an unlimited liability partnership system. The eight partners of the bank bear unlimited joint and several liability for Long O'Dahen. In other words, if the bank goes bankrupt one day, the partners will use their entire assets to repay the losses of their customers. This is very different from financial giants such as UBS, Citigroup, and HSBC. As a completely private bank, Long O'Dahen does not need to bear short-term shareholder pressure, nor will it conflict with the interests of its customers.
Long Odahen has successfully survived more than 40 financial crises with its "prudent" philosophy, without receiving any external financial assistance. Its Tier 1 capital ratio is as high as 20%, equivalent to 2.5 times the international legal standard.
Long Odahen hopes that the investment philosophy of the client can match his own "caution". If a client walks into Long Odahen with one billion dollars, but he expects high-yield financial management, Long Odahen will only say sorry, please go somewhere else. Because Long Odahen cares more about long-term reputation than profit.
The "Lombard O'Daire Bank" mentioned in the notebook that Yang Jing found in the basement of the lakeside house in Chascomús, Argentina, is one of the predecessors of the Lombard O'Daire Bank.
In other words, if Yang Jing and his team want to take out the information that Martin Baumann had his men store in the underground safe of "Lombard Odier Bank" more than 70 years ago, they need to go to the current headquarters of Lombard Odier Bank.
In Switzerland, the most famous city is not the capital Bern, nor the largest city Zurich, but Geneva, a city located in the southwest corner of Lake Geneva.
Although Geneva is close to the Swiss border and is the second largest city in Switzerland, it is the most famous city in Switzerland and its most glorious business card.
Geneva is not only the headquarters or offices of many international organizations, but also has a very developed watchmaking and banking industries. Moreover, this city is the birthplace of the world's private banks. The savings assets managed by private banks in this city alone account for about 35% of the world's total!
At 11 Corraterie Street in Geneva, there is a not very eye-catching four-story white stone building. This building is the headquarters of the Lon Odachen Bank.
That afternoon, just as the setting sun was about to take back its last ray of sunshine, a convoy stopped in front of the headquarters building of the Long Odahen Bank.
Under the protection of three Mercedes-Benz G-Class cars, one in front and two in the back, a stretched bulletproof Mercedes-Benz S600 sedan stopped steadily in front of the headquarters building of Long Odahen Bank. Chris and his men, dressed in bodyguard uniforms, quickly surrounded the Mercedes-Benz sedan, and then after a series of commands, the door slowly opened, and Gege got out of the car holding Yang Jing's arm.
It's not that Yang Jing is deliberately showing off, but if you want this private bank with a long history to take you seriously, you have to show off your style. Although Long Odahen believes in "low-key and cautious", in a place like this, if you pretend to be low-key, people will really ignore you.
Not to mention that you are not here to deposit money, you are here to take something that has been kept by others for more than 70 years!
According to Swiss banking regulations, once the custody period exceeds the limit, the bank has the right to dispose of those items.
They have been keeping it for more than 70 years, and they will be able to deal with it in 20 years, but you came here and took it away...
Of course, this is a joke.
The fact is, if Yang Jing and Gege want to successfully retrieve the information that was stored here, they must make a gesture!
PS: I would like to thank "很懒的鱼" for the reward of 100.
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