A famous bank lends its own employees to make them more responsible. The amount is huge: $ 20 billion

[Angrry.exe™]

Japanese bank SoftBank Group plans to borrow up to $ 20 billion from its employees, including chief executive Masayoshi Son, to invest in the second Vision fund, the Wall Street Journal said.

The managers believe that such a step will make the employees more responsible, because the fund's investments can be canceled if a manager leaves or becomes involved in an "insane business".

Loans may be granted at an interest rate of about 5%, the Wall Street Journal wrote, citing a source.

The government of Kazakhstan, the fund's investor, is expected to contribute about $ 3 billion, while banks such as Goldman Sachs Group, Standard Chartered PLC in the UK (and Mitsubishi UFJ Financial Group in Japan have said they are willing to invest several hundred million dollars each, according to the report.

SoftBank is discussing with several pension funds and insurance companies, including in Taiwan, for the total investments it expects to exceed $ 30 billion, WSJ reported.

SoftBank was not willing to comment on the situation