Research On China's Private Banking Business Development And Supervision

At present, with the opening up of China's banking, are targeting China's private business market segment with its rich business experience , and domestic banks are starting to compete for more private banking clients. Meanwhile private banking business of domestic banks is a new thing. At first, This article will draw on foreign banks to carry out private banking business, based on the selected separately on behalf of the European, American and Asian private banking including, Swiss banks, Citibank and Standard Chartered Bank, several of these private banks have been studied and expound.Secondly, as the rapid growth of wealthy individuals in Asia-Pacific, especially in the emerging affluent Chinese, foreign and domestic banks have targeted the emerging affluent people. Hence it appears to important on how to expand the emerging wealthy market and how to attract them and provide them with professional, caring and thoughtful service. In China, as for some banks have already launched a private banking business of private banking business, I have already analyzed and discussed the development of the current state, and summed up further improve the model private banking services in this article.Finally, this article focuses on a detailed analysis of the development of Chinese private bank organizational structure, risk management, legal and regulatory, and put forward the conclusions of this paper: China's private banking industry has just started, but shown at the global private banking industry, the under the situation of common characteristics in the same time, it has shown its own characteristics. Only based on Chinese local market and culture and in-depth understanding of the local private banking client characteristics, needs and preferences, we can truly create a strong competitive private banking development path.