Chapter 1345 Digging Barclays (69/77)
When it comes to banks in the UK, I believe most people still think of Standard Chartered Bank and HSBC. However, as the world's first Atm machine, Barclays, which has issued the first credit card in the UK and the first debit card in the UK, plays an important role in the UK and even the whole world.
Especially after acquiring Andy Smith's North American investment bank from the bankrupt Lehman Brothers, including bonds, stock sales, trading business, and related investment business, it became one of the largest banks and financial institutions in the world.
Barclays, which had just completed a loan to Tottenham club's new stadium with Andy Smith, received news of the sudden visit of this big client, Barclays President Robert Diamond directly put down his work and greeted him in person.
In the conference room, the guest of honor sat opposite each other. After Andy and Robert Diamond jokingly and greeted each other, Robert also knew that the young business genius in front of him was definitely a person who could not get up early and came to the door without any profit. He took the lead in asking with a smile.
"So, Mr. Smith, what can we help you?"
"Haha, it's a good thing." As he said that, Andy reached out with a smile on his face and took the stack of documents handed over by the little assistant wearing a black round neck slim ol suit, and handed them directly to Robert Diamond.
Robert smiled and looked at Andy with curious eyes. He took the document and browsed it quickly, and asked with some uncertainty: "You are thinking..."
"Yes, I want to use Tottenham Hotspur Club as collateral to borrow money from your bank. I believe your bank will not refuse, right?" Andy's smile became brighter and brighter, and his bright eyes looked at each other.
"Of course, this is our honor. I wonder how much Mr. Smith is going to borrow?"
"1 billion pounds!"
"This..." Robert Diamond frowned slightly. He did not think that Tottenham clubs were not worth so much money, but that Barclays' cash flow was already stretched. Under the impact of the current financial crisis, other British banks turned to the government, as the only bank that disdained this and publicly expressed their disapproval of the prospect of making the government the main equity holder of the bank. If £1 billion is drawn, Barclays may face the risk of cash shortage in the short term.
When Andy saw the expressions of frowning on everyone on the Barclays Bank opposite, he couldn't help but smile and said, "What? Are you in trouble?"
"No problem!" Robert Diamond looked at the meaningful smile on Andy's face and couldn't help but feel a whisper in his heart. However, as a Premier League club with no debt and excellent profitability, Tottenham can undoubtedly be said to be a very high-quality asset, especially the new stadium plan, which makes Tottenham the hottest club recently. The loan amount of 1 billion pounds is really not much.
"Haha, that's good. As a bank that has not received government funding support in such a serious financial crisis, it is still operating at high speed and expanding. It is worth my trust. That's why I came to the door to seek loans without hesitation, and it did not disappoint me!" Andy was not stingy with his own value and praise.
Everyone at Barclays looked at their president with solemn eyes. The people present were undoubtedly very familiar with the situation of their bank. Now the president agreed to Andy Smith's loan without hesitation, which was undoubtedly a risky person. Everyone knew that the young man in front of him was the person who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one who was the one
As the president, Robert Diamond naturally could think of things that his subordinates could think of. It was because he thought that the young man with a smile on his face on the other side was not a kind person, so he agreed to the other party's loan request without hesitation. He did not want the other party to be deeply buried in a illusory intention because of a rejection, such as the investor's trust crisis, resulting in the risk of bank runs. He still had some understanding of some shameless methods of the group of people under Andy Smith. He did not want the stock price, which had plummeted 70%, to crash again!
Since the consensus was reached, the two sides soon entered the negotiation of loan interest rates. Andy kept looking at his subordinates and Barclays Bank's people with a smile and tried to lower the loan interest rate. Although he didn't know why his big boss wanted to borrow money and what to do for the loan, since the big boss decided like this, it must be his intention. What their group of subordinates had to do was to win the best interests of the boss.
Amal glanced curiously at Andy Smith, who was holding a coffee and leisurely waiting for the negotiation results. To be honest, he suddenly received a call and rushed to Gaia to meet him. From beginning to end, he didn't know what the young super rich man was going to do. However, it seems that the role of the lawyer team is still to sign the loan contract.
It seems that Andy doesn't want to waste too much time on the interest rate issue. When it hit a certain percentage and Barclays' side bites to death and no longer gives in, Andy, who has been in a leisurely state, put down his coffee cup and made a decision directly and agreed.
Robert Raymond's pupils shrank slightly. Although the loan interest rate to the other party was very low, it was not the lowest. He originally thought that the other party would continue to talk, but he didn't expect that the other party did not. This would pay one or two million pounds more every year. The other party agreed so easily. At this moment, his heart became increasingly suspicious. The key is that the young man in front of him is not a good person who can make others take advantage of others!
The interest rate was determined. Even if Robert Raymond was full of doubts, he could only smile and look at his subordinates and Andy's subordinates. The lawyers began to formulate contracts because there were no problems or disputes, and the contract was formulated very quickly.
"Bang!"
After signing Andy's signature pen, he paused on the document and made a sound, which seemed abrupt in the quiet conference room. Everyone saw the bright sunny smile on Andy's face, closed the folder, handed it to Amal beside him, and smiled at Raymond: "The text message is coming, it seems that the money has arrived."
As he said that, Andy smiled and took the phone in his pocket. After unlocking it, he clicked on the unread text message, clicked on it and looked at it. He smiled and smiled at the same smile, but Raymond, who had a little confused look, shook it and locked the screen and put it back in his pocket.
"Happy cooperation!" Raymond smiled. When he was about to stand up and shake hands with Andy, Andy's smile was getting brighter and brighter, and his hands were crossed on the conference table. Before he was about to stand up, he spoke: "Don't worry, Mr. Raymond, I still have a business to discuss with you. I wonder if you are interested?"
"Oh?" Robert Raymond's heart skipped a beat, his face still kept a smile, but his eyes became a little gloomy. Sure enough, how could such a sinister and cunning hungry wolf make people take advantage of him? "I don't know what business it is?"
Chapter completed!