Chapter 52: French Reserve Bank (for Mr. Cai Shuning)

Joseph had just acquired a small bank on the verge of bankruptcy two days ago, and then changed its name to the French Reserve Bank. The whole process of changing the name and registering was very fast, after all, he had connections in the court.

The bank's store and employees were ready, so it had started to operate normally since yesterday.

The next day, at Brent's request and after receiving a considerable amount of compensation, the Paris Stock Exchange added 5 traders specifically for the business of Paris Angel Company.

The speed of stock transactions immediately increased. At 4 pm, when the market was about to close, a mysterious buyer suddenly appeared and took all the remaining 430,000 shares of Paris Angel Company.

When the transaction information "Buy, Paris Angel Company, 2 livres, 430,150 shares, a total of 860,300 livres" appeared, the entire trading scene suddenly became quiet.

Ten seconds later, the transaction information board showed: For sale, Paris Angel Company, 2 livres 2 sous, 40 shares, a total of 84 livres.

The record of these 40 shares being bought immediately appeared below.

Soon, more selling information appeared. In less than ten minutes, the selling price had reached 2 livres 5 sous, and all of them were bought up instantly.

The next morning, the share price of Paris Angels directly reached a high of 2 livres 8 sous, but it was still in short supply, and stock trading suddenly became active.

At the trading site, a young man from the United States, surrounded by seven or eight bodyguards, sat in a corner and observed the trading information.

After a moment, he winked at the assistant beside him, who immediately came to the trader and put up 8,000 shares for sale at 3 livres.

Investors didn't care too much, after all, the price was too high and it should be difficult to sell.

However, less than three minutes later, these 8,000 shares were bought up in three times.

All the stock holders at the trading site immediately realized that something was wrong. The stock price seemed to be far more than this, otherwise it would not be bought up immediately no matter how high it opened. For a time, everyone began to hold back and be reluctant to sell.

After that, the American directed his subordinates to buy and sell more than ten times, mostly by himself and then by others, with the price getting higher and higher.

After the market closed, the American youth and his bodyguards came to a high-end hotel not far away, locked the door, put a pile of bills on the table, and began to check the accounts with Joseph's exclusive accountant.

Yes, this person was the trader hired by Joseph, and the bodyguards beside him were all royal guards.

Because countries such as Britain and France restrict companies from selling stocks, the unrestrained United States has become a paradise for stock trading, and many stock market wizards have been born.

Thanks to their skilled operating skills, the closing price has approached 3 livres and 5 sous.

The front pages of newspapers in Paris are almost all reporting the stock price of Paris Angel. Now not only Paris, but also people from several nearby provinces have come to buy stocks after hearing the news, and a large amount of funds have poured into the stock exchange.

It was not until the sixth day of Paris Angel's stock sale, when the stock price of Paris Angel reached 4 livres and 5 sous, that a large number of sell orders appeared. However, once the stock price began to decline, someone immediately bought a large amount to stabilize the price.

Just after noon, the American trader sold the last 100,000 shares, and then left the crowded place with a relaxed look.

At Joseph's signal, he sold another 200,000 original shares in Joseph's hands by buying low and selling high, and obtained a total of 6.15 million livres!

In the office of the Minister of Finance in the Palace of Versailles, Joseph looked at the loan agreement in front of him with a relaxed look, and felt a little funny. He was both the assistant to the Minister of Finance on one side of the agreement and the boss of the French Reserve Bank on the other side. He was holding his left hand with his right hand.

In the end, he signed a loan contract of 6 million livres on behalf of the French government with himself, with an interest rate of only 15%.

There was no problem with the payment of the money. At this time, more than 8.1 million livres of funds were quietly lying in the account of the French Reserve Bank.

Royal Palace.

The Duke of Orleans looked at the headline of the Paris News on the table-"The Crown Prince is unable to cope with the financial difficulties, and the government debt is about to default", and suddenly grabbed the newspaper and tore it into pieces.

This was the newspaper from the day before yesterday.

He had received news this morning that the 6 million livre national debt had been fully repaid, and the funds all came from the French Reserve Bank.

Half an hour ago, the people from the Laville Bank and the Laborde Bank had just left. In order to appease the two banks, he had to give them more business in the UK.

The Duke of Orleans couldn't help but think of the situation a month ago when he took the opportunity of introducing the big French banks to invest in the British automatic loom project at the banquet and asked the two banks to block the 6 million livre loan and let other banks cooperate.

At that time, he felt that if he just did it casually, the prince would be helpless. After all, the leaders of the entire French financial industry were at the banquet table. As long as they nodded, no one could get a large loan from the bank.

Unexpectedly, the kid actually got the money.

Soon, the butler knocked on the door and bowed to the Duke of Orleans, saying, "Sir, I have found out that the bank was originally called Celto Bank and was acquired by His Royal Highness the Crown Prince a few days ago."

The acquisition information of the bank is public and can be easily found.

The Duke of Orleans frowned immediately. How could this be possible? How could the Crown Prince set up a bank with 6 million in funds? How did he do it?