Rebirth in 1985

Chapter 1155 Cash Allocation

All along, Lu Shaohua did not attach much importance to Phoenix Bank, but not paying attention to it does not represent the status of Phoenix Bank in Phoenix Group. It is undeniable that Lu Shaohua would not acquire a bank for no reason and not let it play a role.

Back then, Lu Shaohua acquired Phoenix Bank from the ship charter king and also invited Mr. Ho Ying-tung to step in. It can be said that it was only after going through a thousand difficulties that Phoenix Bank was incorporated into the Phoenix Group's territory. How could such an industry not be important?

When the Soviet Union collapsed in 1991, Lu Shaohua made Phoenix Bank play a role. Before the Soviet Union collapsed, he set up a branch in the Soviet Union, raised a lot of money, and exchanged the rubles for US dollar reserves to earn the difference.

That time, Lu Shaohua made a lot of money, and afterwards, Phoenix Bank played a key role in several financial storms and currency crises. Like this time, Phoenix Bank still played an indelible role.

It can be clearly seen from this that Phoenix Bank is an indispensable part of Phoenix Group. Now that Phoenix Bank is facing a crisis, how can Lu Shaohua not take it seriously?

What is more important is that Phoenix Bank is an industry under the Phoenix Group. If Phoenix Bank encounters problems, especially those that damage its reputation, it will also affect the entire Phoenix Group.

Phoenix Group has already suffered once and has managed to restore some of its reputation. Lu Shaohua doesn't want it to have problems again.

Therefore, after learning that Phoenix Group was in trouble, Lu Shaohua had already taken measures to transfer money and personnel in an effort to help Phoenix Bank overcome the crisis as soon as possible.

The Rothschild family's move on Phoenix Bank shows that they are targeting the fact that Lu Shaohua does not have much money in his hands. Er, no, they cannot grasp how much money Lu Shaohua has in his hands and want to test him.

That’s right, the Rothschilds are also trying to find the bottom!

Of course, just as Lu Shaohua had guessed before, the Rothschild family also had the purpose of consuming Lu Shaohua's funds and damaging the reputation of the Phoenix Group. In this way, the Rothschild family's move achieved three goals at one stroke.

But no matter what, Lu Shaohua will definitely fight back, and the counterattack will be fierce.

As Lu Shaohua's order was issued, Phoenix Bank's headquarters began to operate at high speed. The head of Phoenix Bank's head office even convened an online meeting with branch managers from all over the world to pass down Lu Shaohua's order.

Afterwards, the head of Phoenix Bank's headquarters summoned the person in charge of the bank's funds and asked him to immediately transfer funds to support branches around the world.

During the meeting, the head of Phoenix Bank headquarters said something very tough. "The chairman has issued an order that the funds of the branches must not be lost. You must make arrangements to be prepared for any eventuality. If there is a shortage of cash reserves in a branch, immediately allocate funds to it. You must take advantage of the time difference and strive to ensure that the cash in the branch is sufficient for users to withdraw."

This was just an arrangement, and the attitude was tough, but it didn't get to the point. But it didn't matter, because after a pause, the person in charge of Phoenix Bank headquarters said, "If there is a problem with a branch, you won't have to go to work tomorrow."

This is a stern warning, and at the same time, it also conveys Lu Shaohua's intention. Lu Shaohua said so, and if there is a problem with the work that a person is responsible for, then he should pack up and leave.

What else could he say? Knowing that it was Lu Shaohua's idea, the person in charge could only nod and promise, but he still raised a question. "President, there are discrepancies between savings and loans. There must be problems with cash. The branch is far away from our head office, so it may be difficult to transport the cash there."

"What difficulty? Have you forgotten the time difference? The accidents all happened in Western countries, which are more than ten hours away from us. With the current cash reserves of all branches, they can support two days without any problem. Some branches can support one day, and there are twenty-four hours in a day, which is enough for us to transport the cash over." The person in charge of Phoenix Bank headquarters was very annoyed and asked back.

"..." The person in charge didn't dare to say anything. This was the truth. He was careless and forgot about the time difference. Besides, banks have set working hours. Once the working hours arrive, can they stop all business? This is very reasonable.

In addition, the working hours in a day are limited, that is to say, the hours when the bank's main doors are open are limited. During the working hours in a day, there is also a limit on how many cash withdrawals can be processed.

Since there are restrictions, it is impossible for everyone who queues up to withdraw money. All business will be stopped at the end of get off work. In this way, you don’t have to pay too much cash in a day. By the next day, the cash may have arrived. By then, are you still worried that some customers will not be able to withdraw their money?

It has to be said that none of the people who can enter the Phoenix Group are fools. Once the key points are pointed out, they can understand them by themselves. Look, the person in charge immediately resigned, went to check the accounts, and then allocated the cash.

The Phoenix Bank headquarters was running at high speed and all employees were busy, but in the Phoenix Building, it was also very busy.

Phoenix Group has many subsidiaries, and all of them are busy, but in comparison, the office of Phoenix Financial's subsidiary seems even busier.

Li Yunqing went to the headquarters, and Phoenix Financial subsidiary completely let Lin Yi manage it. Now that Phoenix Bank is in trouble, it is an institution under Phoenix Financial subsidiary, so Lin Yi naturally has to be busy.

When Lu Shaohua arrived at the office of Phoenix Financial's subsidiary, everyone was busy. However, there were several people sitting in the conference room, including Lin Yi, Qin Sichen, and Phoenix Group's deputy financial director.

"Everyone, please take a seat. I won't waste any more time. Nothing must happen to Phoenix Bank. All the funds of our Phoenix Group are in the head office of Phoenix Bank. Normally, Phoenix Bank does not have the power to transfer funds. But this time is different. Phoenix Bank can transfer funds, but the group has to send someone to supervise." As he spoke, Lu Shaohua looked at the deputy financial director of Phoenix Group. The meaning was self-evident.

"Chairman, I will go to Phoenix Bank immediately."

"Thank you for your hard work. Go ahead." Lu Shaohua nodded and waved his hand, indicating that he could go.

One person left the conference room, leaving three people. Lu Shaohua sat in the first seat with a serious but not dignified expression.

Yes, at this moment, Lu Shaohua is no longer as solemn as he was at the beginning. The reason is that Lu Shaohua has sorted out the key points here and he is no longer afraid of anything.

"The Rothschild family underestimated our strength and made a wrong judgment. They did not take the time difference into account, which gave us a chance to breathe. However, we cannot be careless. We must plug all the loopholes so that we can successfully overcome this crisis." Lu Shaohua said in a deep voice.

"Don't worry, I will coordinate." Qin Sichen's face was serious, and then he said, "At the same time, I will also transfer my work to this area."

"How about other aspects?" Lu Shaohua asked.

"It has entered the final stage. Although there are still many things to be dealt with, we can handle it." Qin Sichen knew what Lu Shaohua was referring to and gave a targeted answer.

"Special matters should be handled specially. Don't get hung up on details at critical moments. Delegate power when it is time to do so. Don't do everything yourself. Doing so will not only tire yourself out, but will also affect the progress of handling the incident." Lu Shaohua said lightly.

Lu Shaohua's words contained a lot of things, including commands and concerns.

So many years have passed, and the relationship between Lu Shaohua and Qin Sichen has been hidden and not known to many people. However, the senior executives of Phoenix Group all know that Qin Sichen is one of Lu Shaohua's women. As for why they know it, the reason is very simple, that is, Qin Sichen's daughter is called Lu Yuting.

Lu Yuting is grown up now, and occasionally comes to the Phoenix Group headquarters to play. As the word spread, the company's senior management knew that she was Qin Sichen's daughter, but her last name was Lu. If you think about it, anyone who is not a fool can figure out the meaning behind it.

But Phoenix Group is a group with rules after all. Although many employees gossip, it depends on what the matter is. Maybe it's okay to gossip about celebrities, but if they gossip about the boss of the group, then their iron rice bowl will be ruined.

Over the years, there have been employees who have been expelled from Phoenix Group for gossiping about things that should not be gossiped about. For example, during casual chats, some people said that Phoenix Group might be brought down, which was a behavior that undermined morale. Once the management discovered this, they did not say anything and just expelled the employee.

Obviously, Lin Yi is now one of the senior executives of Phoenix Group. He naturally knows the relationship between Lu Shaohua and Qin Sichen. Hearing Lu Shaohua's words, he smiled knowingly, but did not say anything. Instead, he brought up a topic.

"Chairman, Mr. Qin, the Rothschild family has gone too far. They also have banks under their umbrella. Why don't we fight back and spread some rumors to give them a headache as well?" Lin Yi suggested.

In Lin Yi's opinion, if others can resort to such shameless means, why can't Phoenix Group? Tooth for tooth, blood for blood is the only truth.

However, Lu Shaohua smiled bitterly and said, "I have thought about doing this, but will it work? Maybe you haven't noticed that all the banks under the Rothschild family are in Europe. They don't have many branches in Asia and other continents, or even none. Europe is their base camp, and it is impossible for them to shake their customers because of rumors. As for places that are not their base camps, I'm afraid the effect will not be great."

Hearing this, Lin Yi scratched his head, feeling a little embarrassed, and was speechless for a long time.

"Okay, don't think about other things for now, just deal with the current matters first, and we can settle the accounts with them later." Lu Shaohua waved his hand, intending to end today's meeting.

The meeting was over, and Lin Yi and Qin Sichen went to do their own things, but Lu Shaohua did not leave. He sat alone in the meeting room thinking about things.

But soon, Lu Shaohua could no longer concentrate because at this time, Li Zhijie called.

……