For Mallinken to put the Bank of Siena in his own management, Giovanni. Advance. Lorenzo. Morality. The Medici was simply crazy. Although he only got 10% of the shares, he was very satisfied. After all, it's for nothing.

You must know that the total share capital of the Bank of Siena exceeds 1.5 million gold coins, and the shares are almost more than 150,000 gold coins, which is simply a windfall.

The most made Giovanni. Advance. Lorenzo. Morality. What the Medici valued was that with the management of the Bank of Siena, he was able to use the power of capital to help him. For example, in the future papal election, he took hundreds of thousands of gold coins from the Bank of Siena to help him bribe the cardinals, which is simply frivolous.

Even, in bribing the cardinals who had the right to vote, Giovanni. Advance. Lorenzo. Morality. The Medici didn't have to go through any trouble to send real money, they only needed to write a cheque from the Bank of Siena. Anyway, when the cardinals get the money, they have to deposit it in the bank. In this way, it is convenient for both parties to write a check to the other party.

Even better, because there is no need to pay cash, the cheque does not interfere with the daily operations of the Bank of Siena. And the money from the bank can also be lent out as usual. That is, even if Giovanni. Advance. Lorenzo. Morality. The Medici gave the money to the cardinals, but the money remained in the Bank of Siena, allowing the bank to continue lending money to make money. Even in this era when modern commercial banks have not yet taken shape, there is no need to pay interest on the deposits of the cardinals. Because, in this era, there is no such thing as interest on deposits. It was probably not until 1580, when the Bank of Venice completely reorganized the city's first commercial bank, that deposits began to have interest. Before that, keeping money in the bank was just the equivalent of keeping it in the bank. Even, the person who deposited the money needs to pay a bank custody fee.

Of course, it was in other countries, and the same was true of Daming Qianzhuang at the same time. But now in Italy, the four major financial states no longer charge custodian fees to entice depositors to put their money in their banks.

Moreover, in this era, the banking industry is not called a bank. For example, the Bank of Siena, in fact, should be called the "Siena Lending Office", and its main business is to lend money. And those big customers deposit their money for safety, not for interest. Of course, it is also very convenient to deposit money into the bank. For example, it is very inconvenient for you to travel from Rome to Paris with 300,000 gold coins. However, it is very convenient if you carry a check for 300,000 gold coins. Of course, the premise is that the bank where you deposit your money has branches in Rome and Paris. Also, 300,000 gold coins is not a small amount, and you need to make an appointment in advance to allow the bank enough time to mobilize funds.

……

Although Marin is very reluctant to return the cash of 1 million gold coins, it seems to be a loss. However, because he killed the dozen or so members of the Sienese banker family. Therefore, now the ownership of the Bank of Siena belongs to Marin. Of course, Marin gave a 10% to Giovanni. Advance. Lorenzo. Morality. Medici, as a political investment.

Although Marin handed over the management rights to Giovanni. Advance. Lorenzo. Morality. The Medici escrow, but Marin also made his own requests. That is, do not lend money to France!

Why? Because France is too strong, and it's shameless. If you lend money to France, it is easy to be repaid by default. Even if Marin can use the mercenaries of Blackwater to collect debts, he is helpless in the face of too powerful France. In line with the principle of "don't lend money to people who are stronger than you", Marin asked not to lend money to France, so as not to be repaid.

It's just that Marin has a lot of headaches about whether to lend money to Maximilian I. Because, Maximilian I, according to the principle "do not lend money to someone stronger than you", also did not meet the requirements for borrowing money. But the problem is that Maximilian I was his own ally. If you don't borrow money, it seems a bit unreasonable. However, if you borrow too much money, you are afraid that this famous poor ghost emperor will not be able to pay it back...... Although Maximilian I had a good character, he was very poor. In the end, this thing died on the way to avoid debts......

In and Giovanni. Advance. Lorenzo. Morality. When the Medici discussed the restoration of the Bank of Siena, Marin knew that Maximilian I would come to him to borrow money.

Of course, Marin now has an excuse not to borrow - I'm going to return the money I stole from the Bank of Siena......

However, Giovanni. Advance. Lorenzo. Morality. The Medici thought that they could consider lending money to Maximilian I. The reason is that Maximilian I has a big business, and even if he has no money, there are many mines that can be mortgaged. Even, Giovanni. Advance. Lorenzo. Morality. The Medici believed that the Dutch possessions of the Habsburgs could be used as collateral......

"Dutch territory? What's the value of that? Marin was a little confused. In his mind, there didn't seem to be any property worth mortgaging in the Netherlands. Although those territories nominally belonged to the Habsburgs, in terms of specific land, they actually belonged to the local small nobles and large landowners. Speaking of mines, it seems that the Netherlands, that is, the Netherlands in later generations, have no valuable minerals......

"That's not right!" Marin suddenly screamed. Because, he remembered, the current Luxembourg also belonged to the Dutch territories to which the Habsburgs belonged.

The Duchy of Luxembourg is currently an important principality in Germany, and even the Holy Roman Empire has had a Luxembourg dynasty with three emperors.

It's just that because the Luxembourg dynasty is extinct, the Duchy of Luxembourg also fell into the hands of the Habsburgs. Currently, the Duke of Luxembourg is the handsome King Philip the son of Maximilian I.

Of course, Maximilian I borrowed money in order to conquer Switzerland. Eventually, these territories were inherited by the handsome King Philip. Therefore, if Marin asked for a mortgage on Luxembourg's iron ore, Philippe would not refuse. Anyway, the laterite iron ore in the Gutland Plains in southern Luxembourg has not yet been developed on a large scale, and only Marin has purchased part of the iron ore, but not in large quantities.

Marin, who owns the Ruhr area, is currently worried that there is not enough iron ore to come from. For the time being, the iron ore mines in the Ruhr area are mainly the Lorraine iron ore mine in the Duchy of Lorraine and the laterite iron ore in the Gutland plain in the south of Luxembourg.

The problem is that the Duchy of Lorraine is currently on the side of France. Marin could not fight the idea of the Duchy of Lorraine unless he was ready for war with France.

Therefore, Luxembourg's laterite iron ore is the easiest big iron ore in Marin. Moreover, the Habsburgs were short of money. Marin could have borrowed money and mortgaged the ownership of the Luxembourg iron mines.

So, Marin, who was planning to seek Luxembourg's laterite iron ore, invited Maximilian I and explained to him that he wanted to return all the cash he had stolen from the Bank of Siena. Then, it is recommended to borrow money from a Siena bank. And the head of the bank, currently Giovanni. Advance. Lorenzo. Morality. Medici ......