The Risk Management Of Personal Financial Business In China's Commercial Banks After Financial Crisis

Combining the background of global financial crisis and basing on China's specific conditions, the risk management strategy of personal financial business in China's Commercial Banks were discussed in this paper.Personal financial business is the main income resource of commercial banks, and also one of the business emphases of commercial banks in the future. However, because of the constraints in the financial market and financial legal system, personal financial business in commercial banks of China have encountered, still is encountering many new problems. Especially, in the beginning of 2008, the fact that the zero income financial products appearing in Shanghai Pudong Development Bank, followed by frequent burst of zero or even negative earnings of financial products from other banks, had made market participants aware of the huge risk among financial products, China's commercial banks thus confront serious credit crisis, under the impact of the present global financial crisis situation, The risks'features in the global financial crisis situation were analyzed in this article, and the main reasons causing all kinds of risks were found concluding weak ability in terms of personal financial developing, high homogeneity of personal financial products, separate supervision regime and imperfection of related legal system.Various ways were applied in the dissertation such as empirical analysis, induction method, comparative law, quantitative analysis and qualitative analysis. Based on the survey of Agricultural Bank of China, Industrial and Commercial Bank of China, risk management of personal financial business was studied, with sequence as posing questions, analyzing questions, and solving questions.This paper is divided into six parts:the first part is the introduction, including the background, significance, and elaborates the theory of personal financial business in china and abroad. In the second part, the history and development of personal financial business were introduced, and risks faced in the financial business were made profound analysis, especially the risks'character in the global financial crisis situation. In the third part, the article introduces the present research situation and the problem of the risk management in personal financial business. In the fourth part, from the commercial banks itself and external environment, the reasons of risks in the personal financial business were elaborated. The fifth part, based on China's specific conditions, risk prevention and management strategy to develop financial business in china were proposed. The last part, containing conclusion and prospect, summarized the dissertation and proposed the prospect future of personal financial business. The dissertation discussed the problem in the development of personal financial business under the impact of the present global financial crisis, and carried out risk prevention and management strategy, which is of great practical significance for commercial banks'great development by improving their risk management level.