The Research Of Comprehensive Risk Management Of China Commercial Banks, Under The Environment Of Financial Crisis

The world financial crisis, which was caused by the U.S. sub-prime mortgage in 2007, has been for nearly two years. Its financial turmoil generated extensive and rapid impact on every aspect of the economy. Moreover, this upheaval is a historic rewrite of the U.S. financial markets mode of operation. When Lehman Brothers, which had 158-year-old fourth-largest U.S. investment bank, had filed for bankruptcy protection, the situation was compared to the first domono that pushed the financial system in crisis. In just ten days, Merrill Lynch had been acquired, the largest insurance company AIG was taken over by the Federal Reserve in a holding means, Morgan-Stanley and Goldman Sachs were transformed into bank holding companies. Behind this series of events, the banking sector's unsound internal controls, supervision and risk management system are considered the root to cause the financial crisis.The operation of liability and the unique nature of bank operations, are closely linked with the public interest and attendant with risk. Wriston, who is the former chairman of Citibank, gave the following definition of bank, "the so-called bank is a risk-based processing power and profit organization." In June,2004, the Basel Committee on Banking Supervision, which was established by the Group of Ten, released the "Convergence of Capital Measurement and Capital Standards:A Revised Framework," which implies a comprehensive risk management banking risk management thinking is the latest theoretical result. In conclusion, capability of risk management has become a key factor that influences the core competitiveness of international banks, and even a decisive influence on the country's financial system's safe and effective growth of the economy. Given that the institution-building and running of commercial banks just begin, its risk management capacity is weak. But to participate in international competition and promoting economic development in time and space have been imminent, Chian banks should actively learn from the experience of international active bank risk management to improve their overall risk management capability.This paper will analyze China commercial banks'comprehensive risk management during a special period of the financial crisis, the first part is the introduction discussing the background and research methods points, the second part is a literature review of risk management, the third part is to analyze the causes of the financial crisis, combined with China commercial banks credit risk management to analyze and explore the three major risks-credit risk, market risk, operational risk of banks,the fourth section provides an overview of the Basel Capital Accord and its innovative idea-comprehensive risk management philosophy, then analyzes the actuality and existing problems of China commercial bank risk management, at length puts forward five proposals of comprehensive risk management, the fifth part is the article summary and outlook, hoping this paper can provide a reference for the the managers of China commercial banks.