The Private Banking Business Development Of Commercial Banks In China

The private banking business is high level finance serves which is carried on by the commercial bank specially aiming at the rich person, and take wealth management as the core. It has become the strategic core business of the internationally famous commercial banks. With the rapid development of the market economy China has become a socio-economic become more and more influential in the high-income groups, but because of lack of real private banking services, the growing wealth management group's demand is difficult to effectively meet. After the full liberalization of the financial, private banks in the country has broad space for development. This paper studies the success of foreign private banking experience, and analysis of the internal need for the development of private banking, and the ongoing viability of the existing problems in China's research and high-income groups in financial management features, pointed out that the domestic private banking business development status and limitations, and then give the recommendations and strategies of our country's development in the private banking sector from policies, products, customers, and other aspects.