King Of War: Starting with Arms Dealer Chapter 1081 - 956: The Successive Financial Wars2

Moreover, because the business in North-Kivu Province is progressing smoothly, the headquarters in Monaco has already begun to absorb idle private capital.

There is a lot of idle capital in the world, always seeking growth opportunities.

The interest rate of P·B Bank is decent, so naturally, people will co to it, mostly with funds from France.

The French governnt has effectively acknowledged the existence of P·B; why would they want to attack it?

Utilizing P·B Bank to integrate Congo’s resources is actually beneficial for France as well.

Earlier Claverley used the term ’Leveraging Congolese Interests,’ if he wasn’t exaggerating, then Joe Ga’s opponent might be a giant like ’French Foreign Trade Bank Asset Managent Company.’

Joe Ga had long anticipated a conflict with France. However, he had expected it to be a battle for influence, not a competition in the banking industry, which he was least familiar with.

Yet, this is quite normal; the mont Congo, a pig, grows a bit of at, France naturally wants to carve off a piece.

This is probably not targeting P·B, but Congo’s current situation, predicting Congo’s future developnt and wanting to enter the market early.

Claverley encouraged Joe Ga to invest in London banks, wanting to carve up the pie.

The currency used in London is British Pounds!

One reason London always discussed Brexit in the past was because they didn’t want to give up the status of the Pound Sterling.

The Pound can be used in London’s overseas territories and all Commonwealth Nations, a huge financial benefit that demands careful attention.

Unlike France, whose central bank controls the currency issuance for 14 African countries, even if France itself switches to the Euro, those 14 African countries still use the Franc.

If London gives up the Pound and opens its territories and Commonwealth market, it would be akin to plucking the wool of Commonwealth Nations along with the EU family.

Now that Claverley suggests to Mr. Joe to open a bank, he intends for him to use his platform to bring Pound capital into Congo to buy low.

Congo’s Central Bank lacks credibility, and its financial system is incomplete; to buy low there, soone like Mr. Joe is needed to assist.

A bank registered in London, with the endorsent of P·B, makes financial operations simple and convenient.

Compared to Congo banks that require permission from French authorities even to issue a letter of credit in the Swift system, Mr. Joe’s bank would be much more convenient.

Thinking of this, Joe Ga looked at Claverley and said, "You want to use my channel to introduce Pound capital to buy low.

When I clash with French capital, are you going to side with ?"

Claverley gave a thumbs up and smiled, saying, "Hu Lang, I underestimated you. Just a few words, and you’ve pinpointed the issue.

How about it, are you interested in cooperating?"

Joe Ga nodded and said, "As far as I know, banks have regulations that savings banks cannot engage in investnt businesses, much like my P·B Bank focuses on loan operations.

So, to et your needs, should I establish an investnt bank?

Just like JPMorgan Chase and Morgan Stanley, one company with two licenses."

Claverley nodded and said, "Exactly. Once your investnt bank is established, people within London will start investing in you.

Those funds can be used to acquire or invest in any industry in Congo, as long as you provide a few board seats and offer a return rate no less than 6 percent, you’ll have substantial funds at your disposal.

I’m not instigating a war between you and French capital but providing you an escape route.

France wields financial control; their thods of harvesting are beyond your prevention.

When Congo plunges into a financial crisis, you’ll need significant funding to maintain your position in North-Kivu Province."

Joe Ga doesn’t understand finance well, but Claverley’s words made it clear that France might employ financial ans to hamr the Congolese Franc.

The simplest thod is creating inflation and currency devaluation; then French capital could first profit through short selling, with others in France entering the market with printed bills to scoop up the bottom.

P·B Bank is rooted in Congo, certainly exchanging and reserving Congolese Franc with Congo’s central bank.

If it gets hamred, it would suffer substantial damage!

If the financial system in North-Kivu Province unexpectedly collapses without external cash injection, it results in Mr. Joe planting trees while France enjoys the shade.

Mr. Joe doesn’t quite grasp the workings of the financial industry, but he feels this is really harsh, even harsher than warfare!

Joe Ga decides to wait and see; if French capital informs him before harvesting Congo, it signifies they rely seek profit.

If they don’t inform him, it ans they not only want to harvest Congo but also want to complete unfinished procedures...

Which ans by attacking P·B Bank, they force Mr. Joe, who desperately needs funds, to open up further investnt, allowing French capital to enter P·B Bank’s board.

The forr is purely a comrcial ans for shared profit; the latter involves political maneuvers!

In situations not well understood by Mr. Joe Ga, he needs to reach out to old friends to probe the depths; this matter cannot be taken lightly, as the bank is Mr. Joe’s piggy bank, and must not be compromised!

Against potential French tactics, Claverley’s betting on Mr. Joe!

His previous conversations with Mr. Joe weren’t just about gaining favor but were largely a risk evaluation.

He needs to ascertain if Mr. Joe is worth investing in.

The result is obvious!

After thinking for a long ti, Joe Ga finally nodded heavily and said, "I can’t see any disadvantage in having an additional investnt bank, our deal is on!"

Saying this, Joe Ga looked at a group of people wearing protective suits carrying out a coffin from the embassy entrance, he frowned and said, "I need to go check...

I’ll leave the ambassador to you, and kill a few more people, do you mind?"

Claverley shook his head helplessly, pulling a few photos from his pocket and handing them to Mr. Joe, saying, "These two were directly involved in the Barclayde company poisoning incident, kill them and spare the others?

Our main battleground is in London!"

Mr. Joe glanced at the photos, pushed open the car door, and called out to Dorian: "Elephant! Put on protective gear, bring people inside and hang these two guys, then find that ’Barsakya’ fellow.

He told Ahtu he’d return with people to Central Africa...

Let’s spare him the trouble of finding people, we’ll send him to ’Newborn Town’ to stay with those patients.

He likes viruses so much, let’s ensure he stays with them - until death..."