A Preliminary On Financial Holding Company

From 1980's & 1990's, tidal waves of going back to fixed-trade management patterns raised in the countries which ever implemented divided-trade management patterns. As a land of advisable organization, financial holding company (FHC) came a long way. During the passed years, how to restrict the FHCs in China became a hotspot. The thesis constitutes a suit of frames in contract economics to present reasonable explanations for enterprises, especially conglomerates, system and basic ideas in finance field. Then it narrates and comments on the history of FHCs in the United States, further, gives exhaustive case studies of Merrill Lynch & Co., Inc. ("ML & Co.") and Citigroup Inc.. At the end of the thesis, it provides tentative measures for the FHCs in China. The thesis applies qualitative and quantitative analysis, and also positive and normative analysis, so that the conclusions are scientific and of theoretical guidance. In addition, the research in the establishment of canonical FHCs has certainty creativity and practical value.