Chapter 608-Bank Run
Translator: ryangohsf
Editor: Nora
"That can’t be true, right? The reputation of the Four Seas Bank can be trusted." So people did not believe these rumors.
"Who knows? Aren’t there many people who look righteous but are actually cheaters?"
"It's better to believe than regret later."
"I do not care, just take it out before talking."
Under the coercion of those people with bad intentions, so people finally started to waver and follow the crowd.
The power of rumors was exceedingly effective in swaying the Chinese people. In history, stupid rumours had caused nurous shopping waves.
All of a sudden, the number of people who went to withdraw their money actually exceeded the number of people who went to save. Even those people who were doubtful toward the rumors decided to wait and see; they did not store their money.
Such an anomaly naturally caught the attention of all the workers, and they imdiately reported the matter to the treasurer.
The treasurer of the Chang An branch was soone ng Zhida had expended a lot of effort to recruit, he was advanced banking talent, Li Wei. In reality, he had so dealings with ng Zhida.
"Do not panic, just deal with them normally." Li Wei instructed.
"Yes!" the workers returned to their tasks.
In the bank, the prestige of the treasurer was not to be doubted. Just like that, under Li Wei’s suppression, the Four Seas Bank learned nothing about this little storm.
In just a short two hours, the Chang An bank withdrawing storm grew more and more intense, and it slowly turned into a tornado. Slowly, the entire Chang An City crazily spread the news.
The rumors grew more and more exaggerated.
At this stage, it did not need people to fan the flas, as the players who loved to join in the fun had naturally started to make up rumor after rumor.
"Did you hear? The Four Seas Bank is about to close down."
"Really?"
"Why not? Take a look at the number of people that went to withdraw their money. They are filling the streets."
"Then I'll go too."
Rumors were like a virus, crazily spreading. Originally, those who had just wanted to catch the fun could not help but want to withdraw their money too when they saw the swarm of people.
At this stage, the truth was not important anymore. Everyone seed to have lost their rationality, and they packed the door of the banks like sardines. It seed like the situation was spiralling out of control.
At this ti, Li Wei slowly walked out and read aloud an official statent.
As expected, it had no effect at all.
It seed like the bank vault would get emptied.
Based on the rules, the bank vault only possessed a sum of ergency funds. At set periods of ti, they would shift the large quantity of gold back to the main vault in Shanhai City.
Such an arrangent was made to ensure the safety of the bank funds.
The mont the vault was exhausted, the outco would be catastrophic.
"Treasurer, should we inform the headquarters? If not, it would be hard to solve this situation," the manager asked.
"What are you panicking for! If we cannot handle such a small matter, what will the headquarters think about our branch?" Li Wei's attitude remained highly adamant, “Instruct the people at the front desk to slow down."
"Yes!" The manager was placed on a spot.
The manager knew that slowing the speed was like drinking poison to quench thirst. The best solution was to ask for money from the headquarters to relive the panic.
As expected, soone started to stir up problems once again.
"Why are you taking such a long ti? Are you all out of money?" A teen who was withdrawing his money suddenly raised his voice to show his displeasure.
"Sorry sir, there are too many people. Please wait patiently," the worker replied.
"What too many people, it's obvious that you are out of money. In just a short ti, you are out? At the start, I did not believe the rumors but now I do. You guys must be making use of the reserves," the teen continued to cause a racket.
This naturally attracted the attention of everyone in the main hall.
When the others heard these complaints, their mob ntality grew.
"People, please calm down, the funds in the bank vault are sufficient. Anyone who wants to withdraw their money will be allowed to do so. However, we only have a limited number of workers, so please wait patiently," the treasurer ca out to facilitate.
"Hen, empty words."
The entire place was close to exploding out of control.
If the Jinwu Guards were not already in place, the situation would have probably gotten out of hand.
Even so, they would not be able to hold on for long.
Under the ticulous planning of others, the Chang An branch of the Four Seas Bank had turned into an unrecoverable ss.
Shanhai City, Nanjiang Governor-General Manor.
"I want to see the Lady!"
Black Snake, the leader of the Black Snake Guards, arrived at the back hall with a solemn expression.
"Commander Black Snake, what's the matter?"
After a short while, Song Jia walked out; her words showed the utmost respect to him.
After Song Jia married Ouyang Shuo, he had handed the Black Snake Guards over to her to handle. After all, he was often outside, and he could not handle certain matters in ti.
Song Jia's identity was the most suited for this role.
"Reporting to the Lady, sothing has cropped up at the Chang An branch of the Four Seas Bank," Black Snake replied.
The bank run in Chang An City quickly grew in intensity. The commander of the intel station had finally noticed that sothing was wrong, so he reported the matter as an ergency situation to headquarters.
When Black Snake received the news, he finally realize that sothing was amiss, and he imdiately looked for Song Jia.
When she heard the news, she did not panic. She asked Black Snake to pay attention to the situation first.
"Make use of the power of the Chang An station to understand the situation," Song Jia instructed.
When Black Snake heard her command, awe and praise appeared in his eyes.
"As expected from the woman the Lord chose. She truly was brought up in a huge family."
……
"n!" Song Jia said.
"Present!"
"Please invite Treasurer ng over," Song Jia gently said.
"Yes, my Lady!"
While she waited, Song Jia also picked up the brush and wrote over ten ergency letters. The recipients were all mbers of the Four Seas Bank administrative committee.
After a short while, ng Zhida hurried over.
Although Song Jia was his daughter's classmate, ng Zhida did not dare to treat her lightly.
"My Lady!" ng Zhida bowed.
"Treasurer ng, take a look at this." Song Jia passed over the intel that the Black Snake Guards had gathered.
When ng Zhida saw the news, his hand could not help but shiver.
"I've appointed the wrong person to the job, my Lady, please punish !" ng Zhida felt ashad.
As the treasurer of the Four Seas Bank, he had actually received this important news from the Nanjiang Governor-General House. One could imagine that sothing had truly gone wrong in the branch.
At the very least, it was a personnel error.
"As for whose fault it is, we can temporarily put that matter aside and discuss when the Lord is back. Treasurer ng, please take so funds and head toward Chang An to stabilize the situation. If you can, please investigate the situation."
"Understood!" ng Zhida had a face of determination and resilience.
As an experienced banker, he knew that if this matter spread, a terrifying bank run would occur. At that ti, even if they cleared the rumors, they would not be able to prevent the matter.
After ng Zhida left, Song Jia started to ask people to prepare the side hall to welco the mbers of the committee.
After receiving the ergency letter, Bai Hua and the others rushed over. However, there were too many of them, and everyone was busy, so it was not that easy to gather everyone.
At 3 PM, they all finally arrived.
The intel from the Black Snake Guards were distributed to each one of them.
Song Jia knew her place; she knew that she could not completely replace Ouyang Shuo. After introducing the matter, she allowed deputy director Feng Qiuhuang to chair the eting.
Feng Qiuhuang accepted it. Between Song Jia and her, there was the sll of competition.
"This is a sche."
The fellow who forever believed in conspiracies, Xunlong Dianxue, was the first to speak.
"Such an obvious matter, you do not have to specifically say it." Feng Qiuhuang rolled her eyes toward him and looked around, "Let's discuss how to solve this crisis."
"Regarding the rumours about the Blood Evil rcenary Guild, I'll deal with Chang An Night News." Blood Romance had never expected for soone to actually dare to trifle with him.
"I think that Chang An Night News is a big problem." Bai Hua continued.
"Then let's investigate who gave them the courage to disturb the Shanhai Alliance. They really do not know their ability." Feng Qiuhuang was still so dominating.
"An investigation is naturally necessary, but it is not the most important issue at hand. It is best is to end the rumors one by one. If not, if this spreads, I'm worried it might affect the other imperial city branches." Xie Siyun reminded.
"Let's investigate!" Feng Qiuhuang agreed.
There was nothing more effective at explaining than a detailed report.. As expected from the two people who were familiar with this area.
"As for the rumors that we are making use of the reserves, we can invite so players and dia to the Shanhai City vault to personally act as witnesses." Song Jia suggested.
"Great idea!"
"Apart from that, toward the doubts of the profits of the territories, we need to provide real proof. Why don’t all of us reveal so of our developnt plans?" Feng Qiuhuang added.
"No problem."
The allegations of Chang An Night News left Gong Chengshi and the others furious. What not having enough money to repay the loans? Wasn’t this a slap to their faces?
"Apart from resolving the rumors, we must be wary of what other tricks they can pull." Bai Hua said.
All those seated basically had a rough idea of the situation. The people who spread these rumors were definitely people from the Yanhuang Alliance. Their goal was to help the Huitong Bank rise up through affecting the Four Seas Bank.
However, these thods were a little despicable.
"If there are fund problems, Snow-War Rose can move one million over," Xie Siyun stated.
"Blood Evil rcenary Group can send more than a million if needed." This sche had deepened the recognition of the Shanhai Alliance in Blood Romance's mind.
When Bai Hua and the others saw them express their support, they nodded happily.
The other guild leaders all declared theirs stances one by one.
This massive boat, the Four Seas Bank, had a bright future. They definitely would not give up this bright path just because of one sche.
The toughness and unity of the Shanhai Alliance would probably scare the enemy.
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