XXI

London

‘Come with me.’

There was no preamble, none of the small compliments he usually offered on her dress or her hair. His tone gave nothing away. She couldn’t even see his face as she hurried after him to the lift. Walking out of her office, she saw a small mound of ash on the carpet by the door, and wondered how long Blanchard had been standing there.

They’re listening, Ellie, all the time.

In the lift, he took his keycard from his pocket and slid it in a small slot that Ellie had never noticed before, not the one she normally used. A new light appeared on the panel. For the first time Ellie had seen, the button for the sixth floor was illuminated.

‘Push it.’

Ellie did. Perhaps it was her heightened expectations, but it seemed stiffer than the other buttons, as if there was a great weight behind it. The lift began to move — not up, but down. The lights blinked out their descent. First Floor Ground Floor Basement 1 Basement 2 and suddenly, back at the top of the list, 6.

‘Not everything is where you would expect.’

The lift shuddered to a halt. The moment the doors opened, Ellie could smell the age in the air: a damp, dark smell of something that had been buried for centuries. How far down were they? The light from the lift crept over a square of flag-stoned floor; everything beyond was in darkness.

And suddenly it was golden. The moment Blanchard stepped out of the lift, hidden lights faded up to reveal a small square chamber bounded by ancient stone walls. Shelves had been cut into them, but even the stone seemed to sag under the weight of the treasures it held: plates and bowls, tureens and salvers, goblets, chalices and candlesticks. They sparkled under the lights, throwing off overlapping arcs of silver and gold that rippled across the floor like water.

Entranced by their lustre, Ellie found herself moving towards them. She stretched for a particularly ornate piece of plate, decorated with relief images of jousting knights.

Blanchard’s hand closed around her wrist and stopped it mid-reach. ‘Don’t touch. Every piece triggers an alarm.’

‘Where did all this come from?’

‘Orphan assets. We have been collecting for centuries.’

In the middle of the room, four stone columns supported the vaulted ceiling. At their centre, on a stone plinth, a golden cup sat spotlit in a glass case. It was the only piece in the room behind glass, though Ellie couldn’t see why it should be more valuable.

Blanchard loosened his tie and unbuttoned his collar. He reached inside his shirt and pulled out the golden key on its slim chain. He advanced towards the cup. Snarling stone faces adorned the four corners of the pedestal, strange monsters out of legend. Blanchard reached inside the mouth of one, a horned serpent, and turned the key.

Ellie blinked. Nothing had happened. Blanchard stepped away and let the key drop back inside his shirt.

‘Behind you.’

Ellie looked back to the lift. The doors still stood open — but on the far side of the lift, where previously there had been a mirrored wall, a heavy oak door had appeared.

They stepped back through the lift. Blanchard took out the same key as before and slid it into the wooden door. The black iron of the lock seemed far older than the bright golden key. In the corner of her mind, Ellie registered that he turned it clockwise this time, as if locking it.

The door swung in — no hint of rust on the hinges. Blanchard gestured Ellie to enter.

She crossed the threshold and paused, swaying in the darkness like a feather in a breeze. She reached out, stroking the void for hidden obstacles. She felt nothing, but the movement must have touched some invisible beam. Hidden lights glowed into life, just as they had before, revealing a long gallery with low-vaulted ceilings. Twin rows of square pillars ran its length, dividing it into three aisles. There were no shelves, no golden treasures on display. Instead, the bays of the side walls were studded with iron doors like bread ovens. Each had a different shield painted on it.

‘It was an ossuary for the monks.’ Blanchard’s voice, breathing over her shoulder as if the old monks still haunted this place. ‘We removed the bones when we fitted the vaults.’

She felt a flash of pity; for a moment she imagined she heard the anguish of the unburied dead crying out. She shivered. This far down, in a city that was — for all its skyscrapers and fibre optics — indisputably ancient, it was easy to get carried away.

She turned. ‘Why did you bring me here?’

‘I wanted you to understand how deep the bank’s history goes. Monsalvat have occupied this site for five centuries. You have heard the story that we built on the ruins of an old Templar lodge?’

Ellie nodded.

‘That was built on the foundations of a Norman church, which in turn had vaults that were Saxon.’ His arm swept down, from crisp blocks of masonry to the smaller, crudely dressed stones beneath. ‘Where they built, who knows? Here, time becomes space.’

Blanchard led her further in, to a place where a sunken mosaic sprawled between a gap in the flagstones. ‘We think this might be Roman. Naturally, no archaeologist has ever been down here.’

Two thirds of the way down, a second corridor intersected the main aisle at right angles. It must mirror the shape of the church it had once underpinned, Ellie realised. She tried to imagine the floorplan of the Monsalvat building, and wondered if it still bore any relation to the buildings buried underneath, the pattern inscribed on every age of history.

At the far end — the east end, Ellie supposed, though it hardly mattered that far down — an iron door lay set in the floor. In the dim light she made out the bank’s crest stamped into the metal, the ravenous eagle with the spear in its talons. Blanchard took almost reverential care not to step on it as he approached one of the vaults in the wall. He moved his hand over the surface in a series of brisk gestures, then turned the handle and opened the door. Ellie peered over his shoulder, but couldn’t see inside.

‘There is another reason I brought you here.’

He removed a small leather box from the vault and presented it to her. She fumbled with the leather strap that bound it. The moment she had it off, the two halves of the box fell open like wings. Cupped between them, resting on a cushion of raw wool, lay a gold ring. A red stone the size of a hazelnut bulged from its setting.

‘I wanted you to have this.’

Blanchard slid the ring on to her hand. It was too loose on her ring finger, but fitted her middle finger perfectly. Ellie stared at the dull gold against her white skin, the way the smouldering ruby trapped the light deep inside. Her guts churned, she felt faint. Could he be ?

‘This is not a proposal of marriage, or something like that,’ said Blanchard, in such a way that mere engagement sounded trite. ‘This is an old ring of my family’s. It solemnises our attachments, brings us luck.’ He smiled. ‘A ring of power.’

A roar filled the chamber, as if a long-dormant dragon had woken in his lair to find a piece of his hoard missing. The walls shuddered. Ellie grabbed on to Blanchard in terror. He put an arm around her and grinned.

‘The Central Line travels very close to this place. When they dug the tunnel in the nineteenth century we had to lodge a special application to re-route it so it would not disturb our vault. As Mr Saint-Lazare likes to say, the present always intrudes on the past. And vice versa.’

He leaned forward and kissed her. His cold lips made her tremble, but his mouth was moist and warm. She tasted tobacco on his tongue. He hugged her tight and pulled her against him, so that the hard points of his body dug into her.

‘Do you like the ring?’

Ellie lifted her hand, enjoying the weight on her finger. ‘I don’t know what to say.’

‘I will not tell you how old it is. But — keep it safe.’

The vault door clanged like a bell as he closed it. He took her hand and began to lead her back to the lift, then paused.

‘The Finance Ministry in Luxembourg will announce the Talhouett decision next week, December twenty-second. Michel Saint-Lazare has invited me to spend Christmas with him afterwards at his home in Switzerland. He has asked specifically if you would come too.’

He said it casually, but the whole weight of his gaze suddenly switched on to Ellie. She felt caught, an exotic butterfly on the point of the collector’s pin.

‘It would mean a lot to me,’ he added. He’d dropped the detachment he usually wore; his words were almost painfully frank. ‘Christmas in the Alps is magical. To share it with you would be perfect.’

Ellie had never seen a white Christmas. She tried to think of her mother, the promise she’d made and the disappointment if she didn’t go. But Blanchard’s stare had a hypnotic power, a gravity that skewed everything beyond its field. Other obligations seemed only dimly important. She started to answer, and realised she’d already begun composing the excuses to her mother.

Luxembourg

Christmas brought out the German side of the Grand Duchy. In the Place d’Armes in the heart of the city, a giant fir tree loomed over the Christmas market that filled every corner of the square. Wooden cabins festooned with lights and fake snow offered a psychedelic array of brightly coloured sweets, obscenely long sausages, carved nativity scenes and ornaments. Steam rose from vats of mulled wine, mingling in the air with the smells of gingerbread and frying onions, the sound of carols and fairground music and laughter.

Inside the conference room at the Ministry of Finance, the only concession to the season was a plastic tree with a few tired baubles at the back of the room. No one paid it any attention. There were no smiles in that room, only tense faces and brittle anticipation as the rival bidders milled about, waiting. Blanchard was there, Christine Lafarge as well, and a number of the bankers she’d met doing the due diligence. Across the aisle, Ellie saw Lechowski. His jaw rose and fell as he worried at a piece of gum.

An official called the meeting to order. The Ministry people sat at a long table across the front of the room, fat men with thin hair and shiny suits. No one looked at them. All eyes were on the double-padlocked metal box that stood on a lectern in front.

The official invited representatives of the two bidders to come forward. In turn, Lechowski and Christine Lafarge each went up and undid one of the locks. The official opened the lid and turned the box upside-down. Two sealed envelopes fell on to the table.

The president of the panel handed one envelope to each of the men beside him. They ripped them open and read the letters inside, then swapped with each other. The audience waited. The president collected both letters and confirmed their contents for himself. They conferred. Ellie twisted Blanchard’s ring on her finger. She hadn’t expected to be so nervous.

The president switched on his microphone. ‘The winning bidder is Groupe Saint-Lazare, three hundred and forty-seven million euros.’

In an instant, the Monsalvat team were on their feet, applauding and congratulating each other. Across the aisle, Lechowski and his backers sat stony-faced, the glares of men narrowly beaten and suspecting a foul. The men from the privatisation commission didn’t look much happier: they must be wondering why the sale had failed to attract a higher offer.

‘Well done, Ellie. Without you, we could not have done this.’

Blanchard kissed her full on the lips, the first time he’d ever done that at work. He must be pleased. Embarrassed and surprised, Ellie kept her eyes open, and so saw Christine Lafarge watching in the background with a knowing smile on her face. She remembered Blanchard’s story about Christine and Lechowski, and wondered if Christine and Blanchard had ever been lovers. The thought made her absurdly jealous.

Blanchard turned to murmur a few words to the commission president. Christine took her arm.

‘Vivian tells me you are going to Mont-Valois for Christmas. Michel Saint-Lazare’s chateau.’ Ellie nodded. ‘You are very lucky. It is a magical place.’

* * *

Ellie must have drunk more champagne that night than in all her life previous. The Monsalvat team drifted from bar to bar, hotel to hotel, ordering by the magnum. The group became a living organism: new faces appeared whom Ellie had never seen before; others disappeared, only to reappear two stops later with yet more hangers-on. The hotel clock had turned past 3 a.m. by the time she and Blanchard returned to their room. Blanchard ordered more champagne from room service, then set about demonstrating that it did nothing to impair his physical functioning. Ellie didn’t get to sleep until five. At eight, the telephone rang with an alarm call. When she opened her eyes, Blanchard was standing in front of the mirror tying his tie, shaved and dressed already.

‘What time is our flight?’

‘As soon as we get there.’

The airport was crowded with families heading off on holiday and ex-pat workers trying to get the last flight out before Christmas. Ellie thought she might faint if she had to queue for more than five minutes, but Blanchard pushed past all of them to an unmarked door at the back of the terminal. Inside was a parallel airport universe of friendly staff and no queues: an immigration official who glanced at their passports and wished them merry Christmas; a security officer who carried their bags to the gate; and finally a simple door that led straight on to the tarmac, up a flight of stairs and aboard a small jet.

It was like no other aircraft Ellie had seen. The eight seats looked more like leather armchairs than anything that belonged on an aeroplane, with seatbelts discreetly recessed out of sight. Ellie sank back into the chair and fell asleep to the sound of turbines and Blanchard talking on the phone in French.

* * *

At Lausanne a black Range Rover was waiting for them on the runway. They climbed in, their bags were thrown in the back, and before Ellie realised it they were on the motorway climbing towards the mountains.

‘Shouldn’t we have shown our passports or something?’ she wondered.

‘Mr Saint-Lazare has an accommodation with the Swiss authorities.’

Ellie supposed that he would. According to Fortune magazine, he was Switzerland’s seventh richest man. Despite diligent research, that was almost as much as she knew about him. The combined weight of Who’s Who, the Lexis/Nexis database and the World Wide Web supplied little more than a reputation as a generous charitable benefactor and a ruthless corporate raider, buying and selling companies the length and breadth of the continent. ‘Who is Michel Saint-Lazare?’ a plaintive article in The Economist had asked a few years ago. ‘Behind an impenetrable wall of shell companies and cross-holdings, Groupe Saint-Lazare is reputed to be one of Europe’s largest privately held companies. Yet its owner, Michel Saint-Lazare, is so reclusive some claim he died years ago.’ The only photograph she’d found was fifty years out of date, a black-and-white playboy on a post-war beachfront. Nowhere did it mention his connection with Monsalvat Bank.

The Range Rover turned off the highway, following a twisting road ever-upwards. Mountain peaks loomed in the near distance. Snow began to appear — at first small patches in the hollows of the bends, then spreading across the landscape until it drowned it completely. It dazzled Ellie; she wished she’d brought her sunglasses. In the grey, tired atmosphere of London, it hadn’t occurred to her.

The car turned again, this time onto an unploughed road through a forest. The chauffeur engaged the four-wheel drive. The trees started to fall away: when Ellie looked out the window, she saw they were on the edge of a precipice that plunged to a foaming river far below. She looked the other way for reassurance, but the mountain had disappeared. They were driving along a ridge, a thin spine of land along the top of a promontory. Ellie peered anxiously through the front window, looking for any glimpse of the house, but the low winter sun shone straight in her eyes. She hoped the driver could see where he was going.

And suddenly they were there. They rattled over a bridge, through a gate where portcullis teeth still pricked out of the arch, and into the courtyard of Michel Saint-Lazare’s home.

* * *

Christine Lafarge had called it a chateau. Blanchard described it, wryly, as a chalet. In plain fact it was a castle. It rose from a fist of rock at the end of the ridge, half severed from the mountain’s arm by a narrow ravine. A wooden bridge was the only access: on every other side, the rock face dropped three hundred feet sheer to the valley below. The whitewashed walls stood almost invisible against the snow: the steep black roofs seemed to hover in the clouds.

All of which Ellie only saw later. For the moment, she had only the vaguest impression of high walls and lofty turrets looking down on her; attendants hurrying out of what had once been stables to take their bags; a butler bringing cups of steaming wine almost before they were out of the car. The sun shone through an arch in the western wall, reflecting on the snow to fill the courtyard with light.

A dark-suited servant led them into the house, up a spiral stair to a long corridor. It looked like a museum: spears and shields hung on the walls, side by side with the trophy heads of long-dead game. But behind the doors the rooms were warm, with thick carpets and heavy curtains and an enormous four-poster bed swagged with lace. Peering out of the window at the snowbound valley below, Ellie felt she’d landed in a fairy tale.

‘Do you like your room?’

Blanchard had appeared. For a second Ellie thought he’d stepped out of the tapestry on the wall, until she saw the door beside it leading to the adjoining bedroom. She put her arms around his waist and linked her hands behind his back.

‘Do we need two rooms?’

‘Sometimes it is good to have your own space.’ He leaned forward, burying her in his embrace. ‘But not too much.’

‘Michel is away tonight,’ he whispered in her ear. ‘We will have to amuse ourselves.’

Ellie nodded, happy. Over his shoulder, she saw a stuffed wolf’s head set over the doorway, its jaw open and its eyes staring down.

She closed her eyes.

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