China's City Commercial Banks M & A Research

City Commercial Bank plays a very important role in the banking system of China, its existence and development is the needs of regional economy development and financing of SMEs. At the same time, there is still a gap between the City Commercial Bank's status quo and the function it should bear. To further the reform, innovation and development of City Commercial Banks, we should introduce financial capital and strategic investment partners, and restructuring assets and institutions under the Voluntary Principles.In the process of reform and development, many City Commercial Banks embarked on the path of Merger and Acquisition(M&A), and carried out a large number of useful attempts. City Commercial Bank's M&A has made a number of issues: First, the general purpose of City Commercial Banks is"Service regional economy, Service for SMEs", but a direct consequence of M&A is the expansion of scale and regional. Does this affect the initial purpose of City Commercial Banks? Second, City Commercial Banks'M&A are often accompanied by the exit of the government's property rights, but there are still two erroneous tendencies after the merger: the absence and overstepping of the government. Then what should be the role of the government? Third, City Commercial Banks'M&A will make banking system more concentrated. Does this will impact the efficiency and stability of China's financial system? The above three issues have not been focused on the analysis. This dissertation will research these issues through the following logical structure.The first part puts forward questions. The author first analyzes why it is necessary to study M&A of City Commercial Bank and what is the issues. Then the author sums up the study status quo at home and abroad, and points out the structure of this dissertation and the new viewpoints. The second part is the general analysis of bank's M&A. First of all, the author defines the concept of bank's M&A, and then study bank's M&A with the general theory. Finally the author analyzes bank's M&A with the theory of financial functions, in the context of financial liberalization, globalization.The third part analyzes the status quo of City Commercial Bank's M&A. First of all, the author points out that it is necessary for City Commercial Bank's M&A to adapt to the development of regional economy and external competition. Then the author sums up the model and main features of City Commercial Bank's M&A.The fourth part studies how M&A influences City Commercial Bank's functions. First the author analyzes whether the function of"service regional economy"will be changed by cross-regional M&A of City Commercial Bank. Then the author studies the change of"service for SMEs"through the asset scale and organizational structure of City Commercial Bank.The fifth part analyzes the role of government after City Commercial Bank's M&A. The author studies the absence and overstepping of the government after M&A, and then points out the role that government should play.The sixth part studies how City Commercial Bank's M&A influences the efficiency and stability of the financial system, against the coexistence of the high degree of monopoly and excessive competition.