Bank of Zaonce: Difference between revisions
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{{Quote|On the planet of Zaonce the miserable masses slave for the planet-wide Bank of Zaonce, filling tedious hours buying stocks and shares, selling high and low like robots, receiving none of the gains they make.|<ref>[https://web.archive.org/web/20180722150842/https://www.kickstarter.com/projects/edrpg/elite-dangerous-role-playing-game Kickstarter: Elite: Dangerous Role Playing Game (ED RPG)], through archive.org</ref>}} | {{Quote|On the planet of Zaonce the miserable masses slave for the planet-wide Bank of Zaonce, filling tedious hours buying stocks and shares, selling high and low like robots, receiving none of the gains they make.|ED RPG <ref>[https://web.archive.org/web/20180722150842/https://www.kickstarter.com/projects/edrpg/elite-dangerous-role-playing-game Kickstarter: Elite: Dangerous Role Playing Game (ED RPG)], through archive.org</ref>}} | ||
The '''Bank of Zaonce''' is a galactic banking institution founded and headquartered in the [[Zaonce]] system. It is the primary institution responsible for regulating and storing the universal currency | The '''Bank of Zaonce''' is a galactic banking institution founded and headquartered in the [[Zaonce]] system. It is the primary institution responsible for regulating and storing the universal currency: [[Credits]] (CR). This is used by all [[Commander|commanders]] and other people to buy [[ships]], [[:Category:Equipment|equipment]], fund insurance on ship rebuys, ship modifications, cargo and trade [[commodities]]. Zaonce is considered systemically important as the most successful and largest bank in the galaxy by market capitalization. It is classified as a [[megacorporation]]. Any severe instability at the bank could ripple across the galactic financial system. | ||
== History == | == History == | ||
Early in Zaonce's colonial history, in 2682, a former [[Federation]] banking executive named Herschel Derrey moved to the colony and set up a family banking business. He and his extended family spread their business around the world. In only a decade and by 2693 they had earned a reputation as a level headed and reliable financial establishment. Derrey's daughter Emily brokered a loan on an undisclosed, but sizeable sum of credits to an up and coming spacecraft manufacturer named [[Faulcon DeLacy|Faulcon Manspace]] in exchange for stock options. Six years later, when the Viper was unveiled, profit rolled in and the stock options for Faulcon Manspace suddenly became vastly profitable to her family. Buoyed by this financial victory, Derrey took over several other banking concerns on the world until his corporation was the sole financial establishment on the planet, although operating under different brands. They adopted the name Bank of Zaonce in 2718.<ref>Tourist Spot 0243, "The Bank of Zaonce"</ref> | Early in Zaonce's colonial history, in 2682, a former [[Federation]] banking executive named Herschel Derrey moved to the colony and set up a family banking business. He and his extended family spread their business around the world. In only a decade and by 2693 they had earned a reputation as a level headed and reliable financial establishment. Derrey's daughter Emily brokered a loan on an undisclosed, but sizeable sum of credits to an up and coming spacecraft manufacturer named [[Faulcon DeLacy|Faulcon Manspace]] in exchange for stock options. Six years later, when the Viper was unveiled, profit rolled in and the stock options for Faulcon Manspace suddenly became vastly profitable to her family. Buoyed by this financial victory, Derrey took over several other banking concerns on the world until his corporation was the sole financial establishment on the planet, although operating under different brands. They adopted the name Bank of Zaonce in 2718.<ref>Tourist Spot 0243, "The Bank of Zaonce"</ref> | ||
=== 3305 | === 3305 political scandal === | ||
In May 3305, [[Alliance]] politician [[Elijah Beck]] accused [[President of the Alliance|Alliance President]] [[Gibson Kincaid]] of receiving illegal campaign funding from the Bank of Zaonce. Subsequently, an investigation by [[Alliance Interpol]] and the [[Wallglass Investigations Agency]] revealed that a senior director at the Bank of Zaonce had illegally diverted assets to bankroll Kincaid's re-election campaign, alongside admiral [[Frederick Yamamoto]]'s involvement in a treasonous conspiracy and assassination plot. | In May 3305, [[Alliance]] politician [[Elijah Beck]] accused [[President of the Alliance|Alliance President]] [[Gibson Kincaid]] of receiving illegal campaign funding from the Bank of Zaonce. Subsequently, an investigation by [[Alliance Interpol]] and the [[Wallglass Investigations Agency]] revealed that a senior director at the Bank of Zaonce had illegally diverted assets to bankroll Kincaid's re-election campaign, alongside admiral [[Frederick Yamamoto]]'s involvement in a treasonous conspiracy and assassination plot. | ||