498: C498 Bank Matton Went Bankrupt

C498 Bank Matton Went Bankrupt

By the time the president started selling the rest of the stock, it was already too late. The mysterious funds had taken complete control of the stock in a short period of time, reducing the value of their bank's stock by almost a penny.1

Soon, a notice was sent to the bank's several hundred computers.

"At 11: 15 this morning, British bank Matton was unable to repay the sum of 26 trillion euros. According to the law, Matton filed an application for bankruptcy protection, and from that moment on, all property was frozen."

Boom!

The president fell down on the spot, this news was like a bolt out of the blue, catching him off guard, the last 500 billion was gone.

Banks are also in a mess. A few minutes ago they were one of the few big banks in London, but now they are at risk of bankruptcy.

Someone screamed crazily.

Someone pounded on the computer in anger.

… ….

The entire bank headquarters was in chaos. No one noticed that the President of the Matton Bank, who was talking about the upper class in London, was sitting on the floor with a face full of dust.

If a good bank was destroyed by him, the Barclays Bank Consortium would definitely skin him alive.

Not long after the notice was issued, almost all of London knew about the collapse of the Matton Bank, and for a moment half of London was in a mess, especially the people who were saving money at the Matton Bank, swarming toward the Matton Bank and its various branches, but they did not know that even if they were to rush into the bank, they would not have any money left, and as for those who had deposited their money in the Matton Bank, most of the money they had put into the bank was used for trading purposes, that is to say, if they did not return it, they would not only be bankrupt, they would still be in debt.

On this day.

It was also the darkest day in the UK stock market. The collapse of the Matton Bank had caused the index to drop by 20%. The stock manager was stunned on the spot.

Just how much time had passed?

At the same time, at the headquarters of the Barclays Bank Consortium, ninety-ninth floor, in the 20th century's conference room.

The luxurious meeting room occupied 99 floors, and the conference room had a capacity of 500 people, all of whom were shareholders of Barclays' banking consortium. Of course, these were only the shareholders of Barclays' large enterprises, and not the entire Barclays' banking consortium.

As long as members of the Barclays Family arrived, at any moment, hundreds of people would have a chance to discuss the matter, and no one was dissatisfied. This was the Barclays Family's absolute control over the Barclays banking consortium, as well as the right to speak. A group of shareholders discussed in the meeting hall for a long time, before finally being confirmed by the Barclays Family.

The conference hall was filled with conversations. They didn't need to think to know what they were talking about. Barclays Bank consortium was attacked this morning. This was a rare occurrence in the three hundred years after the establishment of Barclays Bank consortium. It has been decades since Barclays Bank consortium was attacked. The exact number was sixty-one years.

Buffett had even shifted his focus to Asia to bully the other rich people. He was also unwilling to take action against Barclays Bank, because he knew that although a skinny camel was bigger than a horse, the Barclays Bank Consortium was not a pushover either, and they probably had more money in the dark than he did, so no one could guarantee that the world's top financial companies would not have a hand in this. Buffett could not believe that the huge Barclays Bank Consortium had survived for more than three hundred years without a trump card.

The clamor in the meeting room lasted until a man around 30 years old walked onto the stage before quieting down. This man was very handsome and seemed to be a noble. He was the eldest son of the Barclays Family and was currently the chairman of Barclays' bank consortium, Mi Ke Barclays.

"I want to know, where did this mysterious funding come from?" Mi Ke Barclays said as he looked down at the five hundred shareholders.

His tone was calm, but the shareholders below did not underestimate him. Instead, they felt that the matter was very likely to be serious, because if the people from the Barclays Family were like this, the calmer they were, the more furious they would be.

Five hundred shareholders did not dare to speak first, for fear of angering Mi Ke Barclays, one must know that five hundred shareholders are not simple shareholders, every single one of them has a stake in a large enterprise owned by the Barclays Bank Consortium, any one of which is worth ten billion, and this is still the lowest price of ten billion, not to mention a few hundred billion. Just from the wealth of the shareholders alone, one can see how terrifying the Barclays Consortium is, and how many minutes it takes to buy a country.

In the United Kingdom and in Europe, the Barclays Bank Consortium had an absolute reputation in the business world. It was not an exaggeration to say that the Barclays Bank Consortium was a moneybag in Europe and could not be provoked by anyone.

However, such a huge business empire was actually provoked by someone. The person who took action immediately swallowed quite a few of the properties under his banner. Just now, Mi Ke Barclays received the news that the Matton Bank had gone bankrupt.

Originally, Mi Ke Barclays thought that dealing with the situation was just a small matter, but now that Matton Bank had gone bankrupt, things weren't as simple as he had thought.

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