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Analysis Of Wealth Management Service In Macau Commercial Banking Sector

Posted on:2008-03-22Degree:MasterType:Thesis
Country:ChinaCandidate:C H LiangFull Text:PDF
GTID:2189360272955806Subject:Finance
Abstract/Summary:PDF Full Text Request
Commission charge in personal wealth management services is the fastest growing medium in the financial industry, besides providing the greatest profits, this services does not attribute to a dull bad account. Hence, it is no longer a problem for participation, rather almost all commercial banks are attracted into this sector, because the commission earnings from personal wealth management has become so lucrative which is irresistible.Through different analysis, this research made understand that the financial industry in Macau has been too dependent on deposit and mortgage activities in the past. Owing to the potential bad debts and interest tightening exercises, it caused great decline in profit margin. Along with the introduction of wealth management services, individual financial organizations realize that they will be faced out by the industry if they do not participate in the demands of wealth management services. Thus, in recent years, there are increasing numbers of financial individuals who introduce this service to the public.This thesis emphasizes the various problems faced in the development and expansion of the wealth management service, which at the same time providing different suggestions and recommendations. These recommendations include: financial organization should take great consideration in talents training, development of better financial integrated system, and investment product design etc. In corollary wishing that this will lead to smooth development of the financial industry, which not only increase income from risk-free handling fee but also encourage competition in the financial industry. Lastly, I wish that, through the thesis, it can be provide as a reference for the development of the financial industry.
Keywords/Search Tags:Macau, Commercial Banking Sector, Wealth Management
PDF Full Text Request
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