Bank of Saxony is one of the five most famous investment banks in the United Kingdom, although there is also the word bank in his name, but in fact he does not provide general banking services for ordinary people, such as savings and loans, but mainly provides securities issuance and sales for enterprises and mergers and acquisitions of enterprises, as well as investment analysis and project financing, etc., perhaps Britain has a more vivid name, that is, merchant bank. Pen | fun | pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

As the name suggests, merchant banks are institutions that specialize in providing financial services to businesses, and Saxony, as a leader in British investment banks, is no exception, and his business is also easily a bellwether in the field of British investment banking, and recently they are promoting and selling bonds of the double-headed eagle company.

Walking into the office of Saxony, there is immediately a cacophony of sounds, like a hurricane that wants to push people out.

"Mr. Herm, I would like to recommend to you a bond of the Double-Headed Eagle Company, a credit bond guaranteed by the Wiener Trust, which has an annual interest rate of eight percent, and is a stable and highly yielding bond, and if you buy him, you can sit at home and wait for the money!"

"Lady Jenny, I'm sorry to disturb your beauty, but I can assure you that this delay is definitely worth it, because the kind of bond I mentioned to you earlier about high yields and absolute safety has now earned you a place in it! It is a bond of the Double-headed Eagle Company, with an interest rate of eight percent per annum, and it is also guaranteed by the trust company, if I miss this time, I don't know when the next one will be!"

"Mr. Jim, I'm sure you've heard of the bonds of the Double-Headed Eagle Company, and I worked hard to keep them, and you know how hot this bond is......"

The people in the office are talking and shouting on the phone, this can't be helped, after all, the daily job of the investment bankers is to sell the various bonds and stocks distributed by the company to each customer, so in order to achieve this goal, they naturally have to call the list of customers provided by the company one by one, and do their best to persuade the other party to agree to pay for the bonds and stocks they sell.

When dozens of people were desperately making phone calls in an office of only three or four hundred square meters, the noise was naturally unavoidable, and even some people went under the desk to make calls in order to hear clearly.

"Who are you, and why did you come to our Saxon merchant bank?"

Suddenly, someone asked loudly, and it seemed that he had found a few uninvited guests, but they were not alarmed, but each took out their own documents and said: "Hello, we are investigators of the Securities and Investment Commission, and we heard that you are selling a new bond, and as the regulator of all securities, we need to file this." ”

Saxony's business manager was stunned for a moment, and it seemed that he didn't expect the investigators of the securities regulator to come, because it is true that this double-headed eagle bond has not had time to be filed with the Securities and Investment Commission due to time constraints, but it is not without such a precedent in the past.

With such a question, the business manager took these investigators to the president's office, and at the same time asked people to verify the identities of their investigators.

In fact, the identity of these investigators is still real, but their sudden arrival is for another reason, which was reported to the Securities and Investment Commission by the Earl of Mountbatten after learning about it.

When the results of the investigation came out, Philip, as Chancellor of the Exchequer, personally called Mountbatten: "Dear Earl, I beg your pardon, I think you seem to have been a little overly concerned, the double-headed eagle corporate bonds underwritten by the Saxony Merchant Bank this time are completely legal, although they sold them at the same time as the filing, which is a violation, but it is not the first time that the merchant bank has done so." ”

Mountbatten sighed at this and said, "It seems that I am suspicious, but I always feel that this Double-headed Eagle Company and his bonds are problematic, and the problem is quite large!"

"Of course I understand, but I also believe that the investigators at the Securities and Investment Commission will not deceive me. Philip said.

Faced with Philip's affirmation, Mountbatten had to change the subject: "What about Joros and his Quantum Fund, and is there any special movement for him this weekend?"

"No, and with the help of the European Monetary Fund, we have been able to confirm that there are at least a hundred transfers of funds from the Quantum Fund, and more than $13 billion is blocked from the continent," Philip denied. ”

"This is the best news I've heard this weekend!" Mountbatten added, "but it also shows that Joros and his Quantum Fund are still working hard, so we can't take it lightly, there are still twenty hours to go before the new week begins, and we must be vigilant." ”

With Mountbatten and Phillip's phone call, the weekend passed, and twenty hours later, the port city exchange, the most influential financial market in the East, opened and the pound was immediately sold off.

Although the City Finance Secretary reacted immediately by ordering the Exchange Fund Authority of the City to buy and sell the pound sterling, as the Bank of England had done, to eventually maintain the pound exchange rate, by noon it had fallen by one percentage point from the opening session, and by the end of the afternoon the decline had increased to three percentage points.

91 years of the port city did not return, still under British rule, and due to the special geographical location and political environment and other reasons, the port city is the largest financial center in the East, so the port city's foreign exchange market, especially the pound exchange rate, can often become the European exchange rate leader, and later several major European foreign exchange markets and London's foreign exchange market has opened, but also perfectly proves this.

At eight o'clock in the morning London time, when the foreign exchange market in London opened, the pound immediately suffered a heavy blow, and from the opening it suffered a large number of sell-offs, falling by 1.2 percentage points in just one hour, even more than the decline of the whole week last Monday, which shocked the world.

London Finance called it the collapse of the pound, he said that last week, the Chancellor of the Exchequer Philip also claimed to have maintained the exchange rate of the pound, and said that he was ready for more than $20 billion in foreign exchange, and Great Britain would let all the guys who dared to take offense hit their heads on the pound and bleed, but apparently this was just his wishful thinking, because reality had slapped the eboned politician in the face.

Wall Street Finance said that the exchange rate of the pound is obviously on the verge of collapse, if the Bank of England can't come up with any other way, because the British economy needs a depreciating pound, and a strong pound is contrary to the economic situation of the whole United Kingdom. Perhaps Britain's place in the European exchange rate system has expired, and if Britain cannot hold the exchange rate of the pound, then he will be kicked out of the European exchange rate system!

Faced with the news, Mountbatten immediately called Chancellor of the Exchequer Philip and asked him what was going on.

To which Philip replied: "Monsieur Earl, please be calm, or perhaps you should be happy with the present situation, for it is clear that the current sell-off of the pound is the last counterattack of the speculators, and if we can survive this counterattack, we will win the war." In the future, I will invest more than $3 billion in foreign exchange into the market, and I can't imagine how much money our opponents have in their hands. ”

Mountbatten nodded silently, because he also understood that the current situation was in his favor, after all, the follow-up funds of the Quantum Fund had been blocked out of Europe, and now that Philip had made up his mind to invest more money, he couldn't imagine how the pound would collapse in this situation.

But even so, Mountbatten always had a faint sense in his heart that something was wrong.

A lot of things are good and bad, and then when the Bank of England, under the orders of Lord Philip, smashed three billion dollars into the market to buy the pound, and within an hour the pound exchange rate was steadily restored.

However, the joy of victory was always short-lived, because in the last hour of trading today, the pound collapsed again, and this time the Bank of England never recovered, and by the end of the London close, the pound had fallen to 2.89 against the Deutsche mark, a drop of more than three percentage points.

"Damn it! These damn speculators, they should all be sent to the gallows! And Philip, an idiot, is talking about winning the game, how can it fall so sharply now?"

Mountbatten roared in his castle study, and he didn't know how many times he had smashed his expensive desk, and his servant beside him was doing business, and he turned his head and asked angrily, "Haven't you called Philip yet?" It's been an hour now, has this guy fallen into the cesspool?"

Mountbatten grabbed his hair, obviously a little frenzy, and when he was about to curse the poor servant again, his servant told him that he had finally made a call, so Mountbatten immediately took the phone, opened his mouth and asked very unceremoniously: "Dear Lord Philip, I would like to know what happened today, why the pound exchange rate that you promised me has not only not stabilized, but has fallen to the bottom?"

Philip looked tired and said: "I'm sorry, I don't know exactly what happened, I just know that they invested more money, much more than we wanted, according to the incomplete statistics of the Bank of England, Joros and his quantum fund sold off in one day today"

Mountbatten was a little stunned: "Why? Isn't the money of the Quantum Fund blocked from Europe by us? How can they still have so many pounds to sell? Where the hell did he find so many pounds, hell, did he find King Arthur's treasure? Or did he get it from every passer-by begging for pound by pound?"

Speaking of this, Mountbatten was suddenly stunned, and he said incredulously: "I know, I know what that bastard Joros and his quantum fund have done, they actually borrowed money from us in Great Britain to finance, he relied on the money raised in our Great Britain and then sold it to the foreign exchange market in Great Britain to short the pound, this is really a despicable conspiracy to be spurned by the gods, the most shameless ugliness!"

Mountbatten finally said: "I finally know what that double-headed eagle represents, that is the predecessor of the Quantum Fund, and it is also the agent of the Quantum Fund in Great Britain, we have all ignored this!"