In his heart, Jonas actually looked down on the traditional business of Hoffman Bank, which could make a net profit of 10 million a year, and often lost money. After hundreds of years of accumulation, Hoffmann Bank's own funds exceeded 100 million Swiss francs.

In the equity investment business, as well as financial speculation, a business may be several times or dozens of times the profit.

But it cannot be denied that such a development of Hoffmann Bank is really stable. If it weren't for this reputation, the rich would not have put their spare money in Hoffmann Bank.

Osberg still had something to do, got up and left first, Jonas sent him out of the office, turned around and asked, "Grandma, can I take a look at the financial statements of Hoffman Bank over the years?"

Hannah paused for a moment before saying, "This is the top secret of Hoffman Bank, and all the documents related to the investment are locked in the fourth layer of the vault. If you want to know, I can tell you about it......"

The grandson wants to read the ledger, and Hannah is naturally happy because it means that he is willing to take on more responsibility.

But the stakes were high, and she was afraid that Jonas would not know the importance and would leak out in public.

Moreover, she didn't think that Jonas was looking at the ledger in order to take over the business, but he was a little curious right now, so, she would be able to satisfy Jonas's curiosity in general.

Jonas is certainly aware of the traditions of Swiss private banking, the secrecy of bank accounts, the conduct of the bank's business, and even the movement of every money, all of which are confidential.

For centuries, Swiss banks have relied on this tradition to become the safest banks in the world and the world's largest distribution center for private funds.

After 911, Armenia exerted so much pressure on the Swiss government and Swiss banks that the vast majority of banks resisted the pressure and ignored the world hegemon.

Only UBS and Credit Suisse, the two largest banks, have conditionally disclosed the flow of funds from some sensitive accounts because they want to follow the path of commercial banks.

Those small private banks would rather go bankrupt than give in.

Armenia, the world hegemon, is helpless, because these banks do not develop abroad at all, do not do commercial banking business, and have no way to deal with them.

Jonas nodded, he just wanted to know the general situation of Hoffman's bank, and he didn't need to know the ledger at all.

"In the financial report in January this year, we at Hoffmann Bank currently have a total of 4.73 billion funds under escrow, plus 120 million of our own funds, totaling about 4.85 billion yuan. ”

Jonas came back and sat down in Osberg's original position and asked, "Grandma, doesn't the bank require that the capital margin should not be less than five percent, or even eight percent?"

Hannah smiled and said: "That's because commercial banks have this restriction in order to prevent runs and ensure the safety of funds." But we at Hoffmann Bank are private banks and do not accept deposits at all, so there is no such restriction. ”

Jonas asked, "Our Hoffman Bank's customers are all rich people, will there be some illegal funds in this?"

Hannah shook her head and said: "We manage the funds for the customer, and guarantee the profit ratio, this is a very simple escrow business, as for the customer's funds are legal, what do we have to do?"

This is the point that Swiss banks are most accused of, because the funds held in escrow in many banks are not necessarily legitimate, but this part is the largest part of the bank's profits.

Like Hoffman Bank, although in order to expand the business, some funds will promise a rate of return, but there is also a large part of the funds, which are deposited without interest, and have to pay escrow fees.

The biggest profit of these private banks is that they treat themselves as a landlord, and the client comes to rent the house, and I rent, no matter who you are.

Due to the narrow scope of their business, these private banks only deal with the domestic banking community and only buy insurance and funds.

These banks are small, have small circles of activity, and never disclose their performance. So like a turtle with its head retracted, invulnerable.

Jonas asked, "Grandma, our own capital is so low, so what do we rely on to make customers believe in us?"

Hannah wasn't a banker, she just lived in a family of bankers, and she knew a few things.

After the death of Grandpa Jonas, although she managed the bank, she was only exposed to some peripheral business.

Still, what she knew was enough to satisfy Jonas's curiosity.

"The first is credibility. We at Hoffmann Bank have been in business for more than 200 years and have long-standing business relationships with many historic families. They trust our bank, so they are willing to put their spare money in our bank. ”

"The second is security. Hoffman Bank never makes any risky investments, and Jonas should be remembered as well. Why did your dad start a new business? Because he also knew very well where Hoffmann Bank had its roots.

More than 4 billion funds is not a small amount, and the vast majority of investments in this world can be satisfied, but he has never had the idea of this fund.

This is the foundation of our Hoffmann Bank, and even if he goes bankrupt, he has a chance to make a comeback.

Most of our clients also believe that we can do this, so they use the funds they put in Hoffmann Bank as their way back.

They don't need Hoffman Bank to make much money for them, they don't even want us to make any investments, they don't want to keep their value, they just need to be safe. And we can do that!"

This business model is very traditional and backward, but cats have cats, rats have rats, and customers have needs in this area, and these small private banks in Switzerland and Europe have the soil to survive.

If they want to invest, they can also choose investment banks, private equity funds, and so on.

Those who are willing to put their money in this kind of private bank are all funds for living needs, activities, and development.

Jonas was originally afraid that Yannick's accident would affect Hoffman Bank, but now he realized that he was thinking too much.

Such a conservative bank, such a conservative business model, it is the same for whoever runs it.

There will not be much room for development at all, and of course there will be no risks, and the stability is desperate.

His eyes looked up to the roof, and he asked in a deep voice, "Grandma, what about upstairs?"

Hannah sighed and said, "This is also what worries me the most, they only have less than thirty people, but they have more than 10 billion funds. I've asked Dip to buy me and Plov tickets to London at four p.m. to talk to your dad. We must be prepared for any risks. ”

"Are all those funds from Uncle Mark and their people?"

"The sources of funding are complex, the investments are aggressive, but the profits in the past few years have been phenomenal. A team of less than 30 people, they can achieve an annual return of about 50 percent, which is very scary.

The profits are staggering, but at the same time they are weak against risk, and I think they should scale back their business when Mark is wanted. ”

Jonas didn't know if his grandmother was right, or if Yannick would listen to her. He was curious about the upstairs now, and he didn't know what kind of state they were.

In his previous life, Jonas had seen the London office of PetroChina's futures investment department, where the financial elite all had the potential to be madmen.

They can keep their eyes closed for 48 hours, keeping an eye on the changes in the crude oil markets in London, New York, and Singapore. They can also stay at home and sleep for 20 hours

They can wear suits and ties, and they all look like office workers. They can also be in the most expensive night club in London, one person calls two high-ranking women to vent wildly.

Their pressure is amazing, and although their income is amazingly high, they are all overdrawing their health and life.

However, as long as they can withstand the pressure of the initial stage of entering the industry, just like taking drugs, most people will not give up this job.

Even if what awaits them is madness or death.

Jonas asked, "Can I go up and have a look?"

Hannah asked, "What's there to see up there?" and it's just an information center for them. Even your dad doesn't show up here very often. ”

"Curious. ”

Hannah smiled and stood up. "Since you want to see it, I'll take you to see it. ”

Out of the office, they came to the staircase in the northeast corner, there was no elevator on the fifth floor, and they could only walk from the fourth floor to the fifth floor.

At the top of the stairs on the fifth floor sat a big man, and when he saw Hannah appear with Jonas in his voice, he didn't stop him, he didn't speak, he just nodded.

The area of the fifth floor is half smaller than that of the downstairs, at most only 400 square meters, with a building in the middle and a garden-like green belt in the circle.

When you come to the fifth floor, you can hear a loud noise, Jonas has not come up, guessing that it should be one or two large water-cooled central air conditioners.

There weren't many people on it, only about ten people. They shared a large office, and on one side of the office, there were rows of information shelves, similar to the environment of the information department on the fourth floor below.

But each of them had at least five telephones in front of them, and each of them was constantly calling or answering the phone, and then jotted something down in the notebook in front of them.

No one paid attention to them, only a young man dressed as an elite in his thirties, who had no phone for the time being, came over to say hello.

Hearing Hannah say that there was nothing wrong with him, he just took Jonas to see it, he glanced at Jonas, nodded, and quickly returned to his desk after the phone rang on his desk.

Hannah pointed to a glass-doored office and said, "That's where your dad worked when he came back, would you like to check it out?"

"No, Grandma. Dad isn't here. ”

It's really an information center, and these people don't just get some information from Hoffmann Bank, but also collect information from different parts of the world at any time.

This information is collated and then sent to London. In the era when there was no internet, they could only collect information over the phone.

This is not what Jonas wants to see, London is.