Rebirth of the Strongest Tycoon

Vol 3 Chapter 1319: Bank Consortium Gathers

Latest URL: That night.

Under the call of Harris Rohill, the back-scenes controllers of the major banks of the same camp gathered in his home.

The Canadian banking industry is not like Xiangjiang. In a small place in Xiangjiang, there are hundreds of banks.

But Canada is different, all the banks in Canada combined are not as many as Xiangjiang.

Among all banks in Canada, the six largest banks account for more than 90% of the market share of domestic banks.

From strong to weak are:

First, Royal Bank of Canada, with bank assets of US$73.188 billion, ranked 17th in the world.

Second, the Canadian Imperial Bank of Commerce, with bank assets of US$62.48 billion, ranks 30th in the world.

Third, the Bank of Montreal, with bank assets of 57.73 billion U.S. dollars, ranked 34th in the world.

Fourth, Scotiabank of Canada, with bank assets of 48.745 billion US dollars, ranked 52nd in the world.

Fifth, Toronto-Dominion Bank, with bank assets of US$42.45 billion, ranks 76th in the world.

Sixth, the National Bank of Canada, with bank assets of US$32.72 billion, ranked 112th in the world.

The six major banks are all private banks, and none of them are state-controlled.

This shows the influence of the Canadian capital consortium.

In fact, there are only four bank consortia supported by the Progressive Conservative Party of Canada, namely Royal Bank of Canada, Canadian Imperial Bank of Commerce, Bank of Montreal and Toronto-Dominion Bank.

The other Scotiabank and the National Bank of Canada are not as close to the Progressive Conservative Party as the other four, but they have the same relationship with the Liberal Party, which can be regarded as a neutral position.

Only this time, the Liberal Party did not inform them at all, and directly announced that it would nationalize some large state-owned banks, which scared the heads of Scotiabank and National Bank of Canada.

There is no doubt that the only major banks in Canada that can achieve the goals of the Liberal Party are these six.

Before this crisis, these two banks took the initiative to unite with the other four banks.

Other banks also know that they must unite all forces to resist, so the representatives behind these six banks come together to see Harris Roshir.

"Harris, now we are facing the biggest crisis in history. The Liberal Party is crazy. The Liberal Party must step down, and we must completely suppress them, otherwise we will have trouble."

The speaker was the second largest shareholder of Royal Bank of Canada-Anderson Sfield, a sixty-five-year-old man, the patriarch of the Sfield family.

He is the one with the greatest pressure. After all, Royal Bank of Canada is the leader of the banking industry and is the easiest target for nationalization.

"Yes, Joseph Chretien is a lunatic. If he comes to power, it will be our nightmare!"

"What happened in France must not appear in Canada."

Joyce Gracie, the second-largest shareholder of the Canadian Imperial Bank of Commerce, said with a sigh. He said something out of the ordinary and made Harris Rohill's face slightly changed.

He was reminding Harris Rohill that France had nationalized the Rohill family bank.

That is to say, he dare to say that, besides he is the patriarch of the Gracie family, among those present, he has the deepest friendship with Harris Lowhill, because the biggest behind-the-scenes shareholder of the Canadian Imperial Bank of Commerce is surprisingly Harris. · Rohill.

...

Others also spoke, and the living room suddenly seemed a little noisy.

"Don't worry, everyone, we actually still have time."

At this time, Aubrey Demarais, the patriarch of the Demarais family, said in a hurry that everyone calmed down.

The Demarais family is the strongest family in Canada, and it hasn't done too much with the Rohill family, and it is also one of the main bulls today.

The Bauer Company under the Demarais family is a financial consortium with the title of "Canadian Morgan". There are hundreds of companies under the consortium. In addition to holding the most equity in Royal Bank of Canada, there is also one of Canada’s three largest insurance companies. Great Northwest Life Insurance Company.

In Canada, Aubrey Demarais has a very special relationship with Harris Lowhill. The two are the biggest competitors and the closest collaborators at critical moments.

In normal times, the two fight fiercely, but like now they are facing the invasion of American capital, they are standing on the united front and jointly resisting foreign capital.

"Harris, you have been silent, what do you think?"

Aubrey Demarais looked at Harris Lowhill and said.

The eyes of the others were all on Harris Rohill.

"My attitude is very clear. The Liberal Party must be reduced to an opposition party. Joseph Chretien is looking for death!"

Harris Rosier said with a cold snort, his eyes extremely cold.

"You mean, find someone to kill the unruly lunatic Joseph Chretien?"

Aubrey Demarais raised his brows slightly and said lightly.

The others were energetic, all around the corner, and no one wanted to object.

"Do not rule out this possibility!"

"Canada will never allow this precedent to be opened!"

Harris Lowhill nodded slightly.

but……"

As soon as he finished speaking, he changed his mind and continued: "For the time being, it can be listed as a backup plan. After all, once this is done, there will be uncontrollable risks, especially in this critical period."

Aubrey Demarais and others nodded in agreement.

Now they are still fighting against foreign capital, and they are still at a disadvantage.

They killed Joseph Chretien, maybe ordinary people don't know it, but the Rockefeller, Morgan, Chicago and other consortia and families are absolutely clear that if they are deliberately guided, it is easy to get burnt.

It's normal, and there is time to calm and transfer it, but if the fire comes over at this time, it will be troublesome. It is easy to be attacked by foreign capital into Canada and be looted wantonly.

Of course, if it is really extremely dangerous, then you can only take the risk. After all, if you don't resist, the bank will be nationalized. Even if the Canadian government has compensation, what is the use of holding junk bonds?

By that time, ~www.readwn.com~ would end up worse than being ransacked by foreign capital.

"Then you mean to prevent the passage of this type of bill and to oust the Liberal Party during the general election?"

Aubrey DeMarre thought for a while, then said slowly.

Harris Lowhill nodded slightly: "Yes, there are less than forty days before the general election. The time is very tight for a bill to be drafted and passed."

"Although the Liberal Party now controls Congress, we can be temporarily safe as long as we make trouble and delay it."

"The Liberal Party's polls and support rate are far behind that of the Progressive Conservative Party. As long as the status quo is maintained, the Progressive Conservative Party will succeed in coming to power, and the crisis will automatically be lifted at that time."

Aubrey Demarais was silent for a moment, but said quietly: "But now after Joseph Chretien announces the news, the polls are hard to say..."

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