912 is miserable
The next day, Chen Hui got up early and looked at the email sent by Hu Jianghu, this time he made a total profit of 71.75 billion US dollars in New York copper, which made Chen Hui very happy, and his mood was really beautiful!
He directly took out $100 million as a bonus for Hu Jianghu's trading team!
This time, it took more than a month and a half to complete the task, and with 50 billion US dollars of account funds, they made a profit of 71.75 billion US dollars, and the return on capital was as high as 143.5%!
It's not an exaggeration to give them a $100 million bonus!
This time, there are less than 50 traders in charge of handling New York copper, which is equivalent to an average share of $2 million per person!
That's more than $2 million a month!
Then Chen Hui thought of the sky-high mansion he bought last time, so he paid back the recent black card bill with $150 million!
Today, he has $121.5 billion in private trading accounts at HSBC and $51 billion in U.S. bank accounts.
Calculated that Chen Hui's private liquidity in the bank alone reached 172.5 billion US dollars, not including Chen Hui's funds from hedge funds in the world!
Thinking of this, Chen Hui was in a very comfortable mood, with a strong joy on his face, changed into sportswear, and prepared to run on the beach.
At this time, Helen had just come out of the room, ready to go to the bathroom, she was wearing cute cartoon pajamas, her hair was a little messy, looking at Chen Hui's very happy appearance, she immediately laughed happily and greeted: "Good morning!"
"Good morning" Chen Hui looked at Helen who also got up early and was in a good mood, it was still half past six in the morning, so he said: "Change into sneakers and go for a morning run with me"
Helen said happily: "Hmm", she ran to change into a pair of sneakers, and then went out for a morning run with Chen Hui.
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At this moment, the headquarters building of the Mitsui Sumitomo Financial Group, the board room, many high-level people from the Mitsui Foundation and the Sumitomo Foundation gathered together.
They learned last night that this time a hedge fund owned by Sumitomo Mitsui Financial Group is over!
Sumitomo Mitsui Financial Group is a holding/financial services company of Toei Bank, which was established by Sumitomo Mitsui Banking Corporation. It is now the second-largest bank by market capitalization, holding nearly $1.6 trillion in assets, making it one of the largest financial institutions in the country.
The Sumitomo Mitsui Financial Group companies include: Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Card Co., Ltd., Sumitomo Mitsui Financial Leasing Co., Ltd., Toei Research Institute, SMBC Friends Securities Co., Ltd., Daiwa SB Investment Co., Ltd., and Daiwa Securities SMBC Co., Ltd.
It was transferred from Sumitomo Mitsui Banking Corporation through a share transfer. Sumitomo Mitsui Financial Group is listed on the Tokyo Stock Exchange, the Osaka Stock Exchange and the Nagoya Stock Exchange.
The headquarters is located in Chiyoda-ku, Tokyo, and the president is Yoshisuke Kitayama. In fiscal 2013, the group had revenues of 4 trillion yen and profits of 800 billion yen.
This time, the hedge fund under the Sumitomo Mitsui Financial Group, which is led by Goro Harano, has blown up its position in New York Copper!
After some discussion.
Beisan Zhenjie stood up, bowed fiercely to everyone, and said: "Everyone, this time it was my dereliction of duty, Goro Harano was my subordinate, but I didn't find out the huge loss in his account in time, and I didn't stop his illegal operation in time!"
"I'm guilty!"
As he spoke, he bowed again!
Born in 1946, Kitasan graduated from the Faculty of Education at the University of Tokyo in 1969 and joined Mitsui Bank in the same year. In 1990, he was appointed Deputy Director of the General Planning Department of the Planning Headquarters of the Mitsui Bank of Taiyo Kobe. In April 2000, he was appointed Managing Executive Director, General Manager of General Planning Department, and Director General of the Merger Strategy Committee of Sakura Bank. Two months later, he was promoted to Managing Director and Managing Executive Director, as well as Director General of the General Planning Department and Director General of the Merger Strategy Committee. (Sun Kobe Mitsui Bank was formed by the merger of Mitsui Bank and Sun Kobe Bank, and was later renamed Sakura Bank in 1992.)
In April 2001, Sakura Bank and Sumitomo Banking Corporation merged to form Sumitomo Mitsui Banking Corporation, with Kitasan Masashi as Managing Director and Managing Executive Director. In June 2003, he was promoted to Senior Director and Executive Director, and also served as Senior Executive Director of Sumitomo Mitsui Financial Group. Since April 2004, he has served as Vice President of Sumitomo Mitsui Financial Group. Since June 2005, he has served as President of Sumitomo Mitsui Financial Group and Chairman of Sumitomo Mitsui Banking Corporation.
This time, he never expected that his subordinate Goro Harano, who he trusted so much, would actually operate in violation of regulations and conceal losses!
Now he's found out!
Goro Harano has established a total of 5 million long positions, with an average opening position at 325.00, a profit and loss of $1.25 billion per fluctuation of 100 points, and an average closing position of 289.00, a total loss of 3,600 points, a total loss of $45 billion!!
Of the original $60 billion in account funds, only $15 billion was left, a loss of 75%!
The clients of the hedge fund in charge of Goro Harano are all wealthy people from the Mitsui Consortium and the Sumitomo Consortium!
This time the bank's loss was not too big, but the rich people in the two consortia also lost badly, because the $45 billion lost was their own money invested in the hedge fund!
That's equivalent to everyone losing 75% of their money!
Everyone's hearts are dripping blood!
This hedge fund has not been established for a long time, and although they have made a lot of returns in two years, this time they have lost all their old capital!
$30 billion!
Each of the 60 people in this room lost an average of $500 million!
Everyone's faces were extremely angry, and they gritted their teeth and started to talk.
"Goro Harano is such an idiot this time, he lost so much money from me, I will definitely not let him go!"
"This idiot, why didn't you kill yourself by cutting your stomach!"
"I'm like chopping it up now and slicing it and feeding it to the sharks!"
"Chop and feed the dog, it's cheaper for him!"
"This bastard actually hid a loss for us!!"
··
And at this moment, in the detention center, Goro Harano was sitting on a stool very decadently, the whole person was very embarrassed, and his whole body was injured!
He'd been beaten before!
Just because he had a verbal fight with a detained prisoner, and then he was brutally beaten by several prisoners!
Almost didn't beat him to death!
He already knows the reason behind it, and this time he is also in a catastrophe, because most of the money he lost is the money of the rich people within the Mitsui Consortium and the Sumitomo Foundation!
These Dongying Earth Emperors will never let him go!
He couldn't help but think of the fate of Yamada before, when Yamada burst out and then died in the hospital, and he secretly laughed at Yamada's stupidity!
But he didn't expect that now it was his turn, he didn't know how he would die, and the only thing he couldn't let go of was his two twin daughters!