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Research On Integrative Management Of Chinese Commercial Bank

Posted on:2006-04-13Degree:MasterType:Thesis
Country:ChinaCandidate:Q C ZhaoFull Text:PDF
GTID:2166360155468583Subject:Industrial Economics
Abstract/Summary:PDF Full Text Request
A familiar dispute about the choice of management mode in finance industry has lasted for a long time. In the thirties of the 20th century, the economic crisis broke out in the capitalist society, the financial market had collapsed. A large amount of banks went bankrupt in the great crises, people began to suspect the rationality of the management stock exchange of the bank and drew the conclusion that integrated financial system has resulted in the financial crisis, then the separated management of financial system has been adapted in banking industry finally. Since 1970's, a wave of innovation concerning financial globalization and deregulation has swept the world. On November 4, 1999, the US congress signed the "Financial Service Modernization Act", which indicated that the separated management of financial system lasting for more than sixty years in US abolished. Before this, the United Kingdom, Japan and Taiwan had experienced 'Big Bang', -braking down their separate run. All of these have forecast that the integrative management of financial system, namely the universal banking system, has become the mainstream of financial operating field.After China's entry into WTO, the Chinese financial institutions are destined to participate in the global economy and to face the keen competition from the "financial conglomerate" of the western developed countries. Against this background, is it still possible for the Chinese financial institutions to adhere to the separate management firmly? How can our weak financial institutions, especially the state-owned banks, compete with the strong financial conglomerate consisting of banks, security firms and insurance companies? To survive in the international competition, our financial institutions should be reformed, transforming from the separate management to the integrative management. However, our country still lacks essential economy financial environment of mixture run in banking industry. It must cause the confusion to change rashly. Therefore, we should build the good environment before integrated services came out.This text explains the following several questions mainly: Choice of the management system of Chinese commercial bank ~ the integrative managementof financial system (IMFS) or the separated management of financial system (SMFS) ; Choice of the management mode of mixing management of Chinese commercial bank —The financial holding company or universal bank; The choice of Chinese commercial bank supervision mode —Supervise in union or supervise in separation; At last, the paper reach out Strategic design, system restraint, reform measure of mixed operation of our commercial bank.
Keywords/Search Tags:Integrative Management of Financial System (IMFS), Separated Management of Financial System (SMFS), Universal Bank, Financial Holding Company, Financial Regulation
PDF Full Text Request
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