Research On The International Development Of Investment Banking For China's Commercial Banks

Commercial banks are the backbone of the financial sector and the absolute main force in china,in the face of interest rate marketization,financial disintermediation,Internet financial and the challenge of the internationalization of RMB,the Chinese commercial bank's traditional business mode facing a severe challenge.In accordance with the construction of 19th modern economic system and the central financial work conference,to deepen financial reform,to realize commercial banks high quality development,the commercial bank of China is speeding up the reform transition,to speed up the pace of internationalization and comprehensive development,and developing the investment banking internationalization is the main trend,and is also the important direction of reform and transition and content.Along with the development of economic and financial environment changes,the constant mutual crossover and penetration between financial sectors,at the same times,there is a new trend on regulatory agencies and regulatory policy,on the premise of steady prudence,the commercial bank of China investment banking business is about to enter international development new stage.Investment banking internationalization development of the commercial bank of China,is not only service the real economy and the needs of the prevention and control financial risks,and realize the request of financial function and optimal financial structure,but also the reform of the our country commercial bank itself transformation and the development inevitably choice.Especially,those researches are lack of financial function and optimal financial structure theory analysis and the summary analysis of new era of Chinese commercial banks investment banking internationalization development.Therefore,to deepen the study of this problem,this paper discusses the motivation and influencing factors of internationalization of investment banking business of Chinese commercial bank.On the basis of using the experience of international,this paper put forward the feasible policy suggestions,and there has important theory value and practical guiding significance.This research is still full of challenging and creative.In this paper,author did the study from the seven aspects of the commercial bank of China investment banking business internationalization development system.:Firstly,this paper discusses the related background,put forward issue;researches programs and basic ideas,study methods as well as innovations;discuss theoretical and practical significance of the study;analyzes the related theory of commercial bank of China investment banking business internationalization development;reviews the literature on this basis,and explains the relevant theoretical basis,logical analysis framework of this paper is put forward.Secondly,in view of the commercial bank of China investment banking business internationalization development trend,analysis of the commercial bank of China investment banking business internationalization according to the corresponding analysis framework,and from the micro level,analyzes the motivation of the commercial bank of China investment banking business internationalization development.Thirdly,this paper introduces the internationalization development stage of foreign commercial banks investment banking business;analyzes the international experience of investment banking business of commercial banks of United States,Britain,Germany,Switzerland,Japan,Singapore,and analyzes the development needs of investment banking business of commercial banks in China.Fourthly,this paper describes the current situation,the existing internal and external problems and development facing challenges,summarizes the development investment banking business of Chinese commercial banks internationalization mode and development characteristics,and systematically analyzes the key business areas and effects of the internationalization of the investment banking business of China's commercial banks.Fifthly,this paper carries on the empirical analysis research,selects the domestic and foreign 15 commercial banks investment banking department as the research object,constructs the investment banking business internationalization development performance evaluation index system,using the Super Decisions Hierarchy Model,Simulation analysis method and the factor analysis method to do empirical analysis and evaluation,and analyzes the results.On this basis,compares the results of the comprehensive index method and factor analysis method.Generally speaking,the performance of investment banking business internationalization of China's commercial banks is still in initial stage,and the conclusions drawn by factor analysis method and comprehensive index evaluation method are basically the same.Sixthly,from a macro point of view,the performance of commercial bank's investment banking internationalization development influencing factors are:the host country's macroeconomic environment,the host country's economic openness,the host country financial environment,etc.From the micro perspective,the performances of commercial bank's investment banking internationalization development influencing factors are:strength,bank influence,and investment banking business requirements,etc.However,the influence factors of macro aspect too much difficult to of our country commercial bank form a direct impact on investment banking internationalization,also hard to quantitative analysis.This article selects the bank itself,banking and investment banking influence demand these three influences the performance of commercial Banks in investment banking internationalization development influencing factors for quantitative analysis.This paper uses grey relation analysis method for 2017 15 commercial Banks investment banking performance analysis to qu-antify the influence factors of international development,and to further explain the research conclusion.Seventhly,analyzed the evolution of foreign commercial Banks investment banking internationalization path three phase,on the basis of analyzing the development trend,put forward the corresponding internationalization development path and the countermeasures and Suggestions:Service national strategy of "the Belt and Road",the top design layout of globalization,improve the international influence and popularity,enhance the level of internationalization,to coordinate,and promote the development of the transformation of domestic and overseas investment banking business,the development and improvement of systems and mechanisms,strengthen international talents training,update the concept,comprehensively improve the commercial bank risk control mechanism,strengthen the reform of business innovation,power on the supply side of commercial Banks in investment banking internationalization development,deepen the reform of the external supervision,improve the external supervision policy and system environment,etc.At last,summarized the main research conclusions,and put forward the corresponding countermeasure and the suggestion,summarizes the research conclusion,disadvantages and future research prospects,etc.Studies have shown that the commercial bank of China investment banking internationalization is the trend of The Times,opening up under the condition of the internationalization development existence of comparative advantage,at present our country commercial bank's investment banking internationalization development is still in its.infancy,there are many problems,the international successful experience in developed countries,there are many worthy of reference,should be based on objective circumstances to choose internationalization development path and strategy,a lot of theoretical and empirical analysis results give us development brings important enlightenment.To sum up,in this paper,the new situation of the commercial bank of China investment banking internationalization theory,this paper discusses problems and quantitative analysis.After analysis research,this article made possible innovation is:first,from the macro and micro level,industry,the internationalization of business development of the commercial bank of China motivation mechanism of theory analysis,from two angles,derived from the theoretical analysis and model explains the investment banking internationalization of the commercial Banks,the problem of;Secondly,using the decision hierarchy model,simulation analysis and factor analysis,to the commercial bank of China investment banking internationalization development performance evaluation,is also the result of the theoretical model analysis of further perfecting and validation;Again,a systemic analysis of the present investment banking business of Chinese commercial bank internationalization development present situation,characteristics,problems,analysis to the key areas of business framework and the effect and so on,based on the internationalization path of development performance,are studied by the commercial bank of China investment banking internationalization development conducted a comprehensive,integrated analysis and research,and thus puts forward the enhance the level of internationalization development of a series of countermeasures and suggestions.