The Research Of The Financial Products Risk Management Of The Commercial Bank Of China

In 2007,there was a dramatic growth of wealth management product in commercial banks of our country.1302 kinds of products of RMB and 1706 kinds of products of foreign currencies have been issued in 2007,which are much higher than that of 2006.However,under the background of sub-prime rate of exchange rates, some wealth management products related to foreign stocks, goods, exchange rate, and interest rate had low, zero even minus income. There are endless doubts about the unreasonable design of wealth management products of banks, about the inadequacy of informing risk, about the loose regulation of wealth management product. There are more and more complaint about wealth management product in commercial banks. The risk of wealth management product of commercial banks has become the focus of the society.With the rapid development of the economy of our country, the disposable wealth of citizens continues increasing. To maintain and increase the value of the wealth have become an urgent need of the citizens, which brings in a grant market potential to the development of wealth management product of commercial banks in our country. However, with the restriction of laws, of the structure of management, and the development of market, our wealth management product will inevitably meet lots of new problems. At present, the market of financial products of our country is on the stage of transformation from out-of-order competition to regular development. In the process of development, the blindness and felonious competition have brought in new potential risks to commercial banks. Researching how to resolve the problems in the development of the market of wealth management product, improving the risk management system of wealth management product,enhancing the level of commercial bank to manage the wealth management product and reinforcing the regulation of wealth management product are the basis to ensure the sound, regular development of the market of wealth management product in commercial banks, at the same time,they play significant role in the rapid development of the wealth management product in our country.In short, the author has analyzed the risk and risk management of wealth management product based on the cases of wealth management product this year, with the theories learnt from MBA courses and working experience, hoping to find out the efficient method of managing risks occurring in wealth management product.