The Son of Finance of the Great Age

Chapter 872: King of Wall Street (12)

  Chapter 872 The King of Wall Street (12)

   "Hey, what happened?"

Boaz Weinstein, who was talking with a certain derivatives staff in the lobby of JP Morgan, suddenly saw Jamie Dimon rushing out the door with a group of executives. The black crowd was very spectacular, and he was immediately surprised He asked rhetorically, "What happened? Did someone from the SEC come?"

  In his impression, except for the arrival of supervisory personnel, it seems that no one can make Jamie Dimon welcome with such a big team.

   "It's a stalactite!"

  The derivatives trader who received him pouted, looked at him with some disapproval, and replied, "Hey, buddy, you haven't even heard of Zhongshi's name, have you?"

   "Of course I know!"

  Boaz Weinstein feigned dissatisfaction and complained, "The king of our industry, do you think I don't know? Oh, by the way, what is this guy doing here? Isn't it said that he is shorting the whole of Europe?"

   "Who knows?"

The trader looked enviously at the crowded place for a while, then looked away reluctantly, grinned and said, "I wish I could be so beautiful. God, I really want to know how that guy's brain is structured." !"

"yes!"

  Boaz Weinstein also followed suit. However, at this moment, he suddenly had a mysterious feeling. The appearance of the clock stone seemed to be consistent with the purpose of his trip, that is, it was all about the IG9 contract.

  But I can only talk to an unnamed trader in the lobby, but the other party can let the CEO of JP Morgan greet him in person. This kind of treatment is simply a world of difference.

  However... If only he was the crocodile in his own calculation, then his chances of winning would be a little higher. Boaz Weinstein shook his head with a wry smile, and looked away with a lot of thought.

Here, as soon as Zhong Shi stepped out of the car door, Jamie Dimon couldn't wait to step forward, gave Zhong Shi a firm hug, and at the same time complimented: "My friend, I am very happy to meet you !"

  In order to welcome Zhong Shi, Jamie Dimon did not hesitate to put on the set of Eastern business, the purpose is to give Zhong Shi enough face.

  As the most successful hedge fund manager in history, Zhongshi certainly deserves the treatment of Jamie Dimon. But the reason why Jamie Dimon put on such a big battle naturally has another meaning in it, that is, he hopes to use this to narrow the relationship between the two parties so as to expand future cooperation.

   One must know that among other things, the annual brokerage commission paid by Tianyu Fund alone is absolutely astronomical. Coupled with unsettled positions, etc., these may become an important source of income for JP Morgan.

  The most important point is that Jamie Dimon vaguely knows that Zhongshi is the soul of the US economic war against Europe this time. Although he doesn't know much about the specific inside story, it is said that Washington attaches great importance to Zhongshi, which is enough.

   "What a surprise!"

Faced with Jamie Dimon's enthusiastic actions, Zhong Shi was slightly astonished, but he naturally would not do anything that would spoil the scenery, and immediately patted the other party's back lightly, and complimented him in the same way, "It's a great honor for me, Mr. Dimon."

  The enthusiastic actions and dialogues of the two parties are really like a pair of friends who have not seen each other for many years. It is not at all obvious that they have never met before, nor have they had any dealings.

"this way please!"

After introducing the other entourages one by one, Jamie Dimon personally led the way and led Zhong Shi to the elevator dedicated to the president. While walking, he did not forget to introduce, "This is where our global headquarters is located. I hope to see you here more often in the future, Mr. Zhong."

  The pleasing meaning in his words is self-evident.

  JP Morgan's headquarters is a 52-story skyscraper. The boxy architectural style is not too eye-catching in Manhattan, where the skyscrapers stand. This building built in 1960 has a history of 50 years now, but after JP Morgan took over, it has undergone a comprehensive renovation, so it is a very modern building both from the outside and the inside. office building.

  Zhong Shi nodded noncommittally, but did not answer the other party's words.

  He is very clear about the purpose of coming today. Although the two sides will not become enemies in the end, when the whole matter is unfolded in front of Jamie Dimon, it is guaranteed that this guy will never say anything like "welcome to appear here more in the future".

Soon the two parties walked to the top floor, Jamie Dimon's office, which was a spacious office overlooking half of Manhattan. Weird oil paintings, the sun shines through the glass curtain wall, illuminating every corner of the room.

   "This lady..."

After waving the secretary away, Jamie Dimon was just about to talk about business, but he soon saw that Ivana, who had been following Zhongshi, hadn't left and was looking at the oil painting on the wall with great interest, he couldn't help but Looking at Zhong Shi carefully, Nu Zui motioned, "Is Miss Ivana also participating in the talks?"

   "No, she's not in the talks!"

  Zhong Shi waved his hand casually, but then said, "She is related to what we are discussing today, so it is best to let her be present, and you will know what is going on in a while!"

"Okay then!"

  Jamie Dimon glanced at Ivana thoughtfully, then withdrew his gaze, and said solemnly, "Mr. Zhong, I wonder what business you plan to discuss with us this time when you come here?"

Speaking of it, Jamie Dimon is also very curious. JP Morgan's main business has not much to do with hedge funds. Although its investment banking business has developed rapidly after annexing Bear Stearns, it seems that I have never heard of any close contact with a giant like Tianyu Fund.

   Logically speaking, investment banks are the most closely related to hedge funds, and companies like Goodman and Stanley should be their favorites. Although commercial banks can also act as sources of funds and settlement banks, the intimate relationship between the two is still not as close as that of investment banks and hedge funds.

   "I had a little conflict of interest with your company!"

Zhong Shi said with a smile, his expression was calm, as if he was talking about something insignificant, "Based on the idea that there will be no fundamental conflict between the two sides, I came here to discuss with you to see how this matter is going to be." How to deal with it?"

  Although what Zhong Shi said was very casual, Jamie Dimon's heart suddenly became agitated: Are you kidding me, could the transaction that allows Zhong Shi to dispatch himself be a so-called skirmish?

   "Can I ask, how big is this skirmish?"

   After being silent for a while, Jamie Dimon finally said, "Also, what's going on? Why don't I know anything?"

   "According to preliminary estimates, the funds exchanged by the two parties are between 10 billion and 15 billion US dollars. Of course, all of this has not yet been determined!"

Zhong Shi's expression still didn't change much, and even his tone remained calm, "It's an over-the-counter transaction in the derivatives market, a thing called IG9 contract, your company has manipulated this market, so I He came in without hesitation."

   "A scale of $10 billion to $15 billion?"

   This number makes Jamie Dimon shudder. You must know that although he claims to be a financial prodigy, after taking charge of JP Morgan, he can only obtain a profit value of 6 billion to 8 billion US dollars every year. But now Zhongshi wants to take away JP Morgan's profits for two years at one time.

  Of course he was not so foolish as to think that his own traders won such a large amount of funds from Tianyu Fund.

   "Wait, what were you talking about?"

   After being dazed for a while, Jamie Dimon came to his senses and said repeatedly, "What IG9 contract? What is manipulating the market?"

   "It seems that you really don't know!"

Zhong Shi shook his head helplessly, and explained patiently, "This is a product traded in the over-the-counter market. An index CDX was created based on the CDS price, and the IG contract is a contract built on the CDX index. The IG9 contract is It is the ninth contract. In order to earn the price difference between the five-year contract and the ten-year contract, your traders manipulated this market. But unfortunately, with the changes in macro data, your profitability has gradually changed. It has to get worse. Of course, at least so far, your positions can still be maintained, but this means that subsequent losses may become more."

   "I remember!"

  Until this moment, Jamie Dimon suddenly realized, "You're talking about the deal that happened in the CIO office in London, right? My God, that's not how they reported to me!"

   "Things will always change!"

Zhong Shi spread his hands and said helplessly, "Although the market has been manipulated, the changes in the situation are far beyond the control of traders. Mr. Dimon, I suggest you go to see the specific trading situation and say Maybe the whole thing has long been out of your control."

   "Wait a minute!"

  At this time, Jamie Dimon was sitting on pins and needles. He had long since lost the desire to continue talking with Zhong Shi, and hurried out of the office after pleading guilty.

   "This is your negotiating strategy?"

Although pretending to be looking at the oil painting, Ivana kept one ear on the conversation between the two. When Jamie Dimon went out, she couldn't help but curiously said to Zhong Shi, "I really don't have any so-called negotiation skills at all." , it’s really boring.”

   "If you have enough strength, why do you care about these skills?"

  Zhong Shi smiled disapprovingly, picked up his teacup and took a sip, then crossed his legs Shi Shiran, and said carelessly, "Those clichéd techniques are of no use to me at all."

   "It is said that this bank is known as the king of Wall Street?"

Regarding Zhong Shi's boasting, Ivana chose to turn a blind eye and changed the subject in a timely manner, "I feel very ordinary, and I don't feel anything special at all. I really don't know why they call this bank the first bank on Wall Street." king?"

   "It's just a false name!"

Zhong Shi snorted coldly, and said disapprovingly, "Their management level is indeed good, and their asset scale is the largest in Wall Street, so they are called the king of Wall Street. Speaking of which, this Jamie Dimon is a It is definitely not an easy task to bring JP Morgan into the ranks of top commercial banks in these years. It’s just that if I do it like this, I’m afraid they won’t be able to breathe for several years.”

   "What, do you regret it?"

Ivana suddenly became interested, sat next to Zhong Shi, and asked with great interest, "I think you should be very proud of making such a large sum of money. Why do I feel that there is regret in your words now?" Woolen cloth?"

   "Of course I don't regret it!"

Zhong Shi frowned and said, "Although everyone is playing in the same market, it's normal to lose and win. It's just that after the incident is exposed this time, I'm afraid I will be alerted by the entire American capital. So for Just in case, I have to find a scapegoat."

"what do you mean?"

  Ivana immediately became alert, and looked at Zhong Shi with a bit of unkindness in her eyes, "What? Are you going to throw us out?"

"you?"

Seeing Ivana's reaction, Zhong Shi smiled contemptuously, and taunted the other party mercilessly, "Do you think they won't be able to guess why if I don't tell you? My identity has long been revealed, and I plan to play Do you really intend to play with others as fools?"

   "So what exactly do you want?"

   Hearing that the other party didn't make the decision on her head, Ivana couldn't help but breathe a sigh of relief, but then her curiosity surged up again, and she continued to ask, "Who are you going to sacrifice?"

   Thanks for squinting at the sun, DingWANG, aixshang, touch? Book friends such as Jump, Alchemy √ の の ァ, andychinauk voted for monthly votes! Thanks for the reward of Demon Dragon Warrior Ghost! Thank you for your unwavering support. The author expresses his gratitude~ I sincerely hope that the situation will improve during the period at the end of the month~ I also hope that more book friends will support this book~Thank you everyone~

  

  

  (end of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like