The Study On The Present Condition And Problem Solution Of China Investment Bank

The thesis is the research on investment bank. At first it discusses the evolution of investment banking history and indicates that investment banks result from the development of the shareholding company. It develops accompany with the development of securities market under the condition of securities credit or securitization of credit. It shows distinct different characteristics in different historical periods, Then on the basis of the evolution of investment banking history, the thesis adopts the theories of New Institutional Economics, of Industrial Organization, of financial innovation to explain that the investment banks are the products not only of the production mode product, but also of the development of the financial industry to some certain degree. The reform of the securities issue is the direct cause of the presence of the investment banks. The birth of securities market provides spacious space for the investment banks. Secondly it compares Chinese investment banks with foreign ones from the aspects of management business, management structure, the external market environment, industry supervisory management. Finally in terms of immature China's securities market, small scale of investment banks'capital amount, low industry concentration, nonstandard operating behavior, lack of business behavior, deficient developing mechanism, it puts forward some developing countermeasures to solve the problems by strengthening the legal system to create a favorable environment for development, the timely adjustment of investment banks'organization development and business development strategy to enhance risk management, carrying out a people-oriented approach to development.The thesis concludes : Chinese investment banking is still in the initial stage of development, regardless of size or scope of capital assets and China have a large gap compared with international investment banks; China Development Investment Bank has large external pressures, due to a comparatively long closed environment, China has created a lack of investment banking capacity to adapt to changes in the external environment, The opening of the financial markets and the coming of foreign investment banks in a large, is the challenge even more opportunities; China Investment Bank shoulders important mission such as the capital market playing a role in optimizing the allocation of resources, capital market development and stability needing health and strong Chinese investment bank; China Investment Bank can survive to carry out comprehensive reform, continually expand the size of capital assets and business development efforts, enhance business innovation. strengthen personnel cultivating and introduction. establish a comprehensive and efficient risk management system, achieve stable and steady operation.