Saxony Bank is one of the five most famous investment banks in the UK. Although it also has the word "bank" in its name, it actually does not provide ordinary banking services to ordinary people, such as savings and loans. Instead, it mainly provides securities issuance and sales, mergers and reorganizations and acquisitions for enterprises, as well as investment analysis and project financing. Perhaps the UK has a more vivid name, namely Merchant Bank.

As the name suggests, Merchant Bank is an institution that specializes in providing financial services to enterprises. As the leader of British investment banks, Saxony is no exception. His business can easily become a weather vane in the British investment banking field. Recently, they are promoting and selling bonds from Doubleheaded Eagle Company.

When I walked into the Saxon office, a noisy sound immediately came to my face, as if a hurricane was about to push people out directly.

Mr. Hem, I sincerely recommend you a bond from the Double Eagle Company, a credit bond secured by Wiener Trust. Its annual interest rate reaches 8% and is a stable and extremely high-yield bond. If you buy him, you can sit at home and wait for the money to be collected.

Ms. Jenny, I'm sorry for disturbing your beauty, but I can assure you that it is absolutely worth it for you, because the kind of bond I mentioned to you that is very profitable and absolutely safe now has obtained a purchase quota for you. It is the bond of the Double Eagle Company, with an annual interest rate of eight percentage points and a guaranteed by the trust company. If I miss this, I don't know when I will wait for the next time.

Mr. Jim, Double Eagle Company bonds, I think you must have heard of it. I worked very hard to help you stay. You also know how popular this bond is

The people in the office were screaming at the phone, and there was nothing we could do about it. After all, the daily job of investment banking salesmen was to sell the various bonds and stocks distributed by the company to every customer. In order to achieve this goal, they naturally had to call the company's customers. They went to the list one by one, and tried their best to convince the other party to agree to pay for the bonds and stocks they promoted.

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

Who are you here at our Saxon Merchant Bank

Suddenly someone asked loudly, as if he had found several uninvited uninvited guests, but they were not panicked, but each took out their own documents and said: Hello, we are investigators of the Securities and Investment Commission. We heard that you are selling a new bond. As the regulator of all securities, we need to register this.

The business manager of Saxon was stunned for a moment. It seemed that he didn't expect that the investigators from the securities regulatory authorities would come. Because it was true that this double-headed Eagle bond did not have time to register with the Securities Investment Committee due to time constraints, but there was no such precedent in the past. While selling bonds, they all turned a blind eye to the Securities Investment Committee. Why did they come to the door directly today?

With such questions, the business manager took these investigators to the president's office while asking someone to verify their investigators' identities.

In fact, the identities of these investigators are still real, but their sudden arrival is for another reason. It was reported to the Securities and Investment Committee after Earl Mountbatten learned about this matter.

The final investigation result came out. Philip, as the Chancellor of the Chancellor, called Mountbatten himself: Dear Mr. Earl, please be honest, I think you seem to be a little worried. The Double-headed Eagle corporate bonds underwritten by Saxony Merchant Bank are completely legal. Although they sold them at the same time as reporting, which is a violation, it is not the first time that they are within the Merchant Bank.

Mountbatten sighed and said: It seems that I am suspicious, but I always think that the Double Eagle Company and its bonds are problematic, and the problem is quite big.

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

Faced with Philip's affirmation, Mountbatten had to change the topic: So, did Joros and his Quantum Fund have any special movement this weekend

Philip denies: No, and with the help of the European Monetary Organization, we have been able to confirm that the Quantum Fund has at least one hundred funds transferred, and more than one hundred US dollars have been blocked from the European continent.

This is the best news I have heard this weekend. Mountbatten then said, but from this news, it can be seen that Joros and his Quantum Fund are still working hard, so we cannot take it lightly. There are still twenty hours left in the new week, and we must be vigilant.

With Mountbatten and Philip's phone call, the weekend passed like this, and twenty hours later, the Port City Exchange, the most influential financial market in the East, opened, and the pound was immediately sold.

Although the Financial Secretary of the Harbor City responded immediately and ordered the Harbor City Foreign Exchange Fund Administration to buy the pound neutralization and sell in accordance with the Bank of England to finally maintain the pound exchange rate, it still fell by one percentage point from the opening basis until noon, and by the closing of the afternoon, the decline increased to three percentage points.

The port city did not return in 1991 and still belonged to the British rule. Due to its special geographical location and political environment, port city is the largest financial center in the East. Therefore, the foreign exchange market of port city, especially the pound exchange rate, can often become the leader of the European exchange rate. Later, several major European foreign exchange trading markets and London's foreign exchange markets opened one after another, which perfectly proved this.

It was eight o'clock in the morning of London time. When the foreign exchange market in London opened, the pound suffered a heavy blow and was sold in large quantities since the opening. It fell by 1.2 percentage points in just one hour, even greater than the decline of the whole week last Monday, shocking the whole world.

London Finance said this was the collapse of the pound. He said that last week, the Chancellor of the Exchequer Philip also claimed that he had maintained the pound exchange rate and said that he had prepared more than 20 billion US dollars of foreign exchange. Great Britain would make all the offensive guys hit the pound and make the head blow on the pound. However, it was obviously just his wishful thinking, because reality has slapped the arrogant 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 cannot come up with other solutions, because the British economy needs a depreciating pound, and a strong pound is contrary to the economic situation of the entire UK. Perhaps Britain's place in the European exchange rate system has expired. If Britain cannot keep the pound exchange rate, then it will be kicked out by the European exchange rate system.

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

Philip replied to this: Mr. Earl, please be calm. Or maybe you should be happy about the current situation, because the current situation of the pound being sold is obviously the last counterattack of speculators. As long as we can survive this counterattack, we will win this war. In the future, I will invest more than 3 billion US dollars in foreign exchange to enter the market. I can't imagine how much money our opponents have.

Mountbatten nodded silently because he also understood that the current situation was beneficial to him. After all, the subsequent funds of the Quantum Fund were blocked from Europe. Now Philip has made up his mind to invest more funds. He could not imagine how the pound would collapse in this situation.

But even so, Mountbatten always felt something was wrong in his heart.

Many things are good and bad. Then, when the Bank of England, under the order of Lord Philip, threw 3 billion US dollars into the market to buy the pound, which steadily rebounded within an hour.

However, the joy of victory is always short, because just in the last hour of trading today, the pound collapsed again, and this collapse was never saved by the Bank of England. By the close of London, the pound exchange rate against the German Mark fell to 2.89, a drop of more than three percentage points.

Damn these damn speculators, they should all be sent to the gallows, and the idiot Philip, who said that he is sure to win, how can he fall so much now?

Mountbatten roared in the study of his castle, and he didn't know how many times he smashed his precious desk. His servant beside him was doing things. He turned around and asked angrily: Haven't Philip's phone call been made yet, it's been an hour now. Has this guy fallen into the septic tank?

Mountbatten grabbed his hair, obviously a little crazy. 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 call and asked unceremoniously: Dear Lord Philip, I want to know what happened today, why the pound exchange rate you promised me not only did not stabilize, but also fell to the bottom.

Philip looked tired and said: Sorry, I don't know what happened, I just know that they invested more money, much more money than we did. According to incomplete statistics from the Bank of England, Joros and his quantum fund sold out one day today.

Mountbatten was a little surprised: Why isn't the quantum fund already blocked by us? How could they have so many pounds to sell? Where did he find so many pounds? Hell, did he find King Arthur's treasure or did he rely on begging to come from every passerby?

Speaking of this, Mountbatton was stunned. He said incredibly: I know, I know what that bastard Joros and his quantum fund did. They actually borrowed money to raise funds in our Great Britain. He relied on the money we raised in Great Britain and then sold it to the foreign exchange market in Great Britain to short the pound. This is a despicable conspiracy that will be despised by the gods. It is the most shameless ugly.

Mountbatten finally said: I finally know what that double-headed eagle represents, that is the predecessor of Quantum Fund and the agency of Quantum Fund in Great Britain. We all overlooked this point.
Chapter completed!