The Research Of Developing Private Banking Business In China

Private banking business is based on wealth management, providing high-net-worth customers with top finance services.These years,as the rapidity of personal wealth accumulation in China,more and more rich people need wealth management service,which accounts for the huge growth potential of private banking.As the fields of finance's opening,the foreign banks with abundance experiences have focused on the market of private banking of China,and the private banking business becomes the competitive point of the foreign banks.As the deficiency of China's relevant laws and regulations and the loss of China's commercial banks by the existence of its own problems,China's banks in private banking business is still facing many difficulties and challenges.In this paper, we will use foreign advanced experiences of private banking,through analyzing the necessity and feasibility of the development of private banking,as well as the problem of present stage,give some advices for the development of private banking.This paper is divided into seven chapters on China's private banking business conducted a preliminary study.The first chapter is the exordium of the paper which introduces the background and the significance of the research; the second chapter describes the concept of private banking business and summarizes the difference between the private banking business and the retail banking business; the third chapter describes the development of Switzerland and the United States private banking experiences and characteristics; the fourth chapter analyses the present development of private banking business in China necessity and feasibility; the fifth chapter illustrates our current development of private banking business, and analyses the existing problems; the sixth chapter proposes a number of the development of China's private banking business model; the seventh chapter is the conclusion.