Happy Tycoon

Chapter 907: Londahen

  When people all over the world think of Switzerland, the first thing they think of are clocks, banks, and picturesque scenery.

Despite the fact that Switzerland is not a large country, and most of its land is mountainous and plateau, it is still a landlocked country without any outlets to the sea, but Switzerland is the richest on the planet, the most stable society, the most developed economy, and the highest possession. One of the countries with a standard of living, there are only a handful of countries in the world that can rival Switzerland.

   Although Swiss watches and tourism are extremely famous, the most famous business card in Switzerland is banking!

  As one of the most stable economies in the world, Switzerland has become a safe haven for tax-avoided investors because of its long-term policies, safe financial system and bank secrecy system. Since the seventeenth century, the Swiss banking industry began to emerge in the world, and has been developing steadily to the present, has formed a highly developed banking industry led by UBS and Credit Suisse, not only has become the most important in Switzerland The economic pillar also occupies 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%, and is recognized as a global leader in international asset business management. The Swiss banking industry manages more than 3.3 trillion Swiss francs, or about 2.75 trillion US dollars in assets, half of which comes from other countries.

  The main reason why the Swiss banking industry is able to attract so many funds from all over the world is that the secrecy system of the Swiss banking industry is so great that depositors can't pick a reason for rejecting Swiss banks!

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

   However, banks in many other countries in the world are unable to do this well. For one or another reason, even large international banks such as Citi, ****, and HSBC cannot keep their depositors completely confidential.

   But in Switzerland, keeping customers confidential is the foundation of Swiss banks, and it is even included in the constitution.

   It is from this excellent confidentiality system that the Swiss banking industry has been the most competitive bank in the world until the first ten years of the new century!

   Although this confidentiality regulation is great for customers, it also exposes the drawbacks of lack of transparency, objectively facilitating criminal activities such as tax evasion and money laundering. For this reason, Switzerland, along with Austria, Luxembourg and other countries that also adhere to the tradition of bank secrecy, has been criticized by the outside world, and has long been called the "tax haven" of Europe.

Since entering the second decade of the new century, international pressure has gradually begun to loosen the confidentiality system of the Swiss banking industry, especially the big rogue America, which has pressured others and other European countries. With the uproar of developed countries, the secrecy system of the Swiss banking industry has now gradually begun to come to an end.

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

  In Switzerland, private banking is an important part of the banking industry. And Swiss private banks pursue low-key confidentiality and respect privacy! And this is the biggest difference between Swiss Bank and Anglo-American Bank!

   To live comfortably, live low-key! This is the accepted slogan of Swiss private banks.

   Swiss private bankers basically believe in Protestantism in Christianity, advocating thrift, diligence, humility, integrity, self-esteem, opposing extravagance and corruption, and betraying faith.

  In this respect, Swiss private banks are unparalleled. Private banks in any country in the world cannot be compared with Swiss private banks.

   Among the many private banks in Switzerland, one private bank is the most famous, and this bank is the famous Long Odahen Bank.

  Lon Odakhon Bank is the abbreviation of Lombard Odile Darier Hench Bank. This is a bank formed by the merger of two private banks, but it is also a private bank. Its predecessors were Lombard Odile Bank and Dariya Hench Bank.

   There is a saying in the private banking world: "If you haven't heard the name of Long Odahen Bank, the biggest reason is that you are not rich enough."

   In 1796, when China was still at the end of the Qianlong period of the Qing Dynasty, Henry Hinch founded a trading company in Geneva, which was mainly engaged in silk and other textile trading and brokerage services. The company was the predecessor of Darier Hinch Bank. Because the business of private banking is simply financing on behalf of clients, the company established by Henry Henge has become the world's first private bank!

   In the 1830s, the second generation of partners took over the company, and at the same time the new partner Charles Odell joined in, and Long Odachon Bank began to develop financial services in shipping, river transportation, and railways. In the mid-to-late 19th century, Lombard became a well-known bank in Geneva under the efforts of partners Alex Lombard and James Uldir.

   In the 1970s, Long Odahen Bank took the lead in operating mutual fund business in Europe. In 2002, Lombard Odile and Darier Hench merged and changed its name to Bank Lombard.

   Up to now, Long Odahen Bank has been developed for more than two hundred and twenty years, which is longer than the history of Louis Vuitton and Hermès. Although the assets of 170 billion U.S. dollars managed by Long Daheng Bank are much less than those managed by major international banks such as UBS, Citigroup, and HSBC, which are often trillions of dollars in assets, Long Daheng Heng deliberately kept it small and refined, not only to maintain the tradition, but also to determine his position in this fiercely competitive market.

  Because the eight partners of Long Odahen Bank know very well, "No one understands the needs of the rich better than the rich!"

   After more than two hundred years of development, the bank’s customers have changed from grandfathers to grandsons, and Long Odahen’s partners have also succeeded from generation to generation. Here it truly embodies the "absolute respect for privacy, unlimited responsibility, and rejection of unstable growth." Long Odahen interprets the values ​​of classical private banking.

When Fitch Ratings assigned the highest 3A rating to Long Al Daheng Bank, it wrote, “The 3A rating is based on: the bank has strong capital strength, low-risk operations, high return on performance, long history and tradition Awe-inspiring industry standard."

   Long Oda Heng adopts an unlimited liability partnership system, and the eight partners of the bank assume unlimited joint and several liabilities to Long Oda Heng. In other words, if the bank fails one day, the partners will use their entire net worth to repay the customer's loss. This is very different from financial giants such as UBS, Citi, and HSBC. As a completely private bank, Long Oda Heng does not have to bear short-term shareholder pressure, nor will it conflict with the interests of its customers.

  Long Odahen, relying on the concept of "cautious", has successfully survived more than forty financial crises without receiving any external financial assistance. Its Tier 1 capital ratio is as high as 20%, which is 2.5 times the international legal standard.

  Long Oda Heng hopes that customers' investment philosophy can match their own "cautious". If a customer walks into Long Daheng with a billion dollars, but what he expects is high-yield financial management, then Long Daheng will only say sorry, please go to the place. Because Long Odahen cares more about long-term reputation than profit.

   The "Lombard Odile Bank" mentioned in the notebook that Yang Jing found in the basement of that lakeside house in Chascomus, Argentina, is one of the predecessors of the Lombard Bank.

In other words, if Yang Jing and the others want to take out the information that Martin Bowman had kept here more than 70 years ago from the underground vault of the "Lombard Uldir Bank", they need to go to the present Long Walk around the headquarters of Odagen Bank.

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

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

   Geneva is not only the headquarters or office location of many international organizations, but also the watch industry and banking industry here are extremely developed. And the birthplace of the world private bank is in this city. Only the savings asset finance managed by private banks in this city accounted for about 35% of the world's total!

   At No. 11 Corraterie Avenue in Geneva, there is an unobtrusive four-story white stone building. This building is where the headquarters of the Long Odaggen Bank is located.

This afternoon, just as the sun was about to take her last ray of sunshine back into her arms, a motorcade stopped in front of the building of the headquarters of Long Odaghan Bank~www.readwn.com~ in the first and two backs. Under the protection of three Mercedes-Benz big Gs, an extended bullet-proof Mercedes-Benz S600 sedan steadily parked in front of the headquarters building of Long Odahen Bank. Chris and the others, dressed in capable bodyguard costumes, quickly surrounded the Mercedes-Benz sedan, and after a series of orders, the door slowly opened, and Grid took Yang Jing's arm and got out of the car.

   It's not that Yang Jing deliberately tried to pretend to be a comparison. In order to make this kind of private bank with ancient history value you, you have to show your own profile. Although Long Odahen believes in "low-key and cautious", in such a place, if you pretend to be low-key, people will really ignore you.

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

  According to the regulations of the Swiss banking industry, once the custody of items exceeds the custody period, then the bank has the right to deal with those items.

   They have kept these things for more than 70 years, and seeing that they can handle these things for more than 20 years, you rushed over to take them away...

   Of course, this is a joke.

  The fact is that if you want to successfully take out the data stored here, Yang Jing and Gege must make a gesture!

  PS: Bow to thank "Very Lazy Fish" for 100 rewards. ...

  

   First set a small goal, such as 1 second to remember:  shukeju mobile version reading URL:

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