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Happy Tycoon - Chapter 901

Published at 29th of September 2021 01:26:37 PM


Chapter 901: 901

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When it comes to Switzerland, people all over the world may first think of clocks, banks and picturesque scenery.

Although Switzerland's land area is not large, and most of its land is mountains and plateaus, and it is still a landlocked country without any access to the sea, Switzerland is one of the richest, most stable, most economically developed countries on the planet and has the highest living standard. There are only a few countries in the world that can compare with Switzerland.

Although Swiss clocks and tourism are very famous, Switzerland's most famous business card is banking!

As one of the most stable economies in the world, Switzerland has become a safe haven for tax avoidance investors because of its long-term policy, safe financial system and bank confidentiality system. Since the 17th century, the Swiss banking industry began to emerge all over the world, and then has been developing steadily. Up to now, a highly developed banking industry led by UBS group and Credit Suisse has been formed. It has not only become the most important economic pillar of Switzerland, but also occupied an important part of the global banking industry.

Switzerland is the world's largest offshore financial center, surpassing London, New York and Frankfurt, with a market share of 35%. It is recognized as the global leader in international asset business management. Switzerland's banking industry manages more than 3.3 trillion Swiss francs, or about $2.75 trillion in assets, half of which come from other countries.

The main reason why the Swiss banking industry can attract so many funds from all over the world is that the confidentiality system of the Swiss banking industry is so great that depositors can't find a reason to refuse Swiss banks!

The bank's confidentiality for customers refers to the bank's obligation to keep silent on all matters of customers, which is not only the most basic thing a bank needs to do, but also a supreme right of customers.

However, banks in many other countries in the world can not do this well. For one reason or another, even large international banks such as Citigroup, * * * * and HSBC can not completely keep each depositor confidential.

However, in Switzerland, customer confidentiality is the fundamental principle pursued by Swiss banks, and it is even written into the constitution.

It is this excellent confidentiality system that makes Swiss banking the most competitive bank in the world until the first decade of the new century!

Although this confidentiality law is very good for customers, it also exposes the disadvantages of lack of transparency, which objectively facilitates criminal activities such as tax evasion and money laundering. Therefore, Switzerland has been criticized by the outside world together with Austria, Luxembourg and other countries that also abide by the tradition of bank secrecy, and has long been known as Europe's "tax haven".

At the beginning of the second decade of the new century, the international pressure gradually began to loosen the confidentiality system of Swiss banking industry, especially the rogue United States. Coupled with the coax of other European developed countries, the confidentiality system of Swiss banking industry has gradually begun to come to an end.

However, even so, in Swiss banks, there are still some very old private banks that still adhere to the bottom line. No matter who says, they will never let go and resolutely implement the confidentiality system pursued by private banks to the end!

In Switzerland, private banks are an important part of the banking industry. What Swiss private banks pursue is low-key confidentiality and respect for privacy! This is also the biggest difference between Swiss banks and Anglo American banks!

To live comfortably, we must live low-key! This is a recognized slogan of Swiss private banks.

Swiss private bankers basically believe in Protestantism in Christianity, advocate thrift, diligence, humility, integrity, self-esteem, oppose extravagance, corruption and betray faith.

In this regard, Swiss private banks are incomparable. Private banks in any country in the world can not compare with Swiss private banks.

Among the many private banks in Switzerland, one is the most famous. This bank is the famous lonaudahern bank.

Longaudahern bank is the abbreviation of longbard Odier Darier hunch bank. It is a bank formed by the merger of two private banks, but it is also a private bank. Its predecessor is longbard Odier bank and Darier hunch bank.

There is a saying circulating in the private banking industry: "if you haven't heard the name of lonaudahern bank, the biggest reason is that you're not rich enough."

In 1796, when China was still at the end of the reign of Emperor Qianlong of the Qing Dynasty, Henry hunch founded a trading company in Geneva, mainly engaged in silk and other textile trade and brokerage services. The company was the predecessor of Darier hunch bank. Because the business of private banks was simply customer financing, the company established by Henry hunch became the first private bank in the world bank!

In the 1930s, the second generation of partners took over the company, and the new partner Charles oder joined. Lonaudahern bank began to develop financial businesses in shipping, river transportation and railway. In the middle and late 19th century, under the hard work of partners Alexis Lombard and James oder, lonaudahern became a well-known bank in Geneva.

In the 1970s, longaudahern bank took the lead in operating mutual fund business in Europe. In 2002, longbard Odier and Darier Hench merged and renamed longaudahern bank.

Up to now, lonaudahern bank has developed for more than 220 years, which is longer than the history of Louis Vuitton and Hermes. Although the assets of 170 billion US dollars managed by lonaudahern bank are much less than those of trillions of US dollars managed by major international banks such as UBS, Citigroup and HSBC, lonaudahern deliberately keeps it small and refined, not only to maintain its tradition, but also to determine its position in this highly competitive market.

Because the eight partners of lonaudahern bank know very well, "no one knows the needs of the rich better than the rich!"

After more than 200 years of development, the bank's customers have changed from grandpa to grandson, and the partners of long odahern have been replaced from generation to generation. It truly embodies "absolute respect for privacy, unlimited responsibility and rejection of unstable growth". Long odahern interprets the values of classical private banks.

When Fitch rating gave longaudahern bank the highest 3A rating, it wrote, "3A rating is based on: the bank has strong capital strength, low-risk operation, high performance return, long historical tradition and respected industry standards."

Longaudahern adopts the unlimited liability partnership system, and the eight partners of the bank bear unlimited joint and several liability to longaudahern. In other words, if the bank fails one day, the partners will use all their wealth to repay the customers' losses. This is very different from financial giants such as UBS, Citigroup and HSBC. As a completely private bank, lonaudahern does not have to bear short-term shareholder pressure and will not conflict with the interests of customers.

With the concept of "prudence", long odahern has successfully weathered more than 40 financial crises and has not received any external financial assistance. Its tier one capital ratio is as high as 20%, equivalent to 2.5 times the international legal standard.

Long aodaheng hopes that the investment philosophy of customers can match their "prudence". If a customer walks into lonaudahern with a billion dollars, but what he expects is high-yield financial management, lonaudahern will only say sorry, please go to his place. Because long-term reputation is more important than profit.

The "Lombard Odier bank" mentioned in the notebook Yang Jing found in the basement of the lakeside house in chascomus, Argentina, is one of the predecessors of Lombard dahern bank.

In other words, if Yang Jing wants to take out the materials Martin Bowman let his men exist here more than 70 years ago from the underground vault of "Lombard Odier bank", they need to walk around the current headquarters of Lombard dahern bank.

In Switzerland, the most famous city is not Bern, the capital of Switzerland, nor Zurich, but Geneva, which is located in the southwest corner of Lake Geneva.

Although Geneva is close to the Swiss border and the second largest city in Switzerland, it is the most famous city in Switzerland and the most glorious business card of Switzerland.

Geneva is not only the headquarters or offices of many international organizations, but also the clock industry and banking industry here are extremely developed. And the birthplace of the world private bank is in this city. The savings asset finance managed by private banks in this city alone accounts for about 35% of the world!

At No. 11 corratrie street, Geneva, there is a modest four storey white stone building, which is the headquarters of lonaudahern bank.

That afternoon, just as the setting sun was about to take her last touch of sunshine back into her arms, a motorcade stopped in front of the headquarters building of lonaudahern bank.

Under the protection of three Mercedes Benz big G in front, two in back, an extended bulletproof Mercedes Benz S600 sedan stopped steadily in front of the headquarters building of lonaudahern bank. Chris, dressed as capable bodyguards, quickly surrounded the Mercedes Benz car. Then after a series of orders, the door slowly opened and gege got out of the car with Yang Jing's arm.

It's not that Yang Jing deliberately wants to pretend to compare. In fact, if you want this kind of private bank with ancient history to pay attention to you, you must put out your own spectrum. Although long audahern believes in "low-key and cautious", if you pretend to be low-key in such a place, people will really ignore you.

Not to mention that you are not here to save money. You are here to take things that have been kept by others for more than 70 years!

According to the regulations of the Swiss banking industry, once something is kept beyond the storage period, the bank has the right to deal with it.

I've kept them for more than 70 years. I see that they can handle these things for more than 20 years. You can't die and run to take them away

Of course, it's a joke.

The fact is that Yang Jing and Ge Ge Ge must make a gesture if they want to smoothly take out the materials saved here in those years!

PS: bow and thank the "very lazy fish" for the reward of 100.





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