U.s. Investment Banking And Enlightenment

At the end of 2006, China will open the financial and securities market. At that point, our investment banking will face the huge pressure from the foreign investment banking. How to use the cushion time already became one more and more vital realistic question for our investment banking. American investment banking is the core of the capital market, and gives the important impetus to American economy. Since the earliest investment bank naissance in 1826, American investment bank always has been unceasingly adjusts itself along with the economical development, during breakthrough tradition frame, also impels the economical development. Compare to America, our capital market is being at the primary stage, belongs to "business segregation". The operations only involve securities brokerage, securities underwriting and securities self-trading. Its narrow business scope directly affected the profit ability and the innovation ability. How does adapt the new environment, enhance the profit ability, it has the vital significance to profits from the experience of American investment bank.This article managed some methods such as the linkup of theory and practice, partial balanced analysis as well as comparison analysis, and studied the American investment bank's business by these methods. Based on the comparing the Chinese and American investment bank operations condition, the article proposed some development conception and the suggestion to our investment bank.This paper divided into four chapters. Chapter 1 is the theoretical study, Chapter 2 is real diagnosis research, and the third chapter for the characteristic comparison research, the fourth chapter is the reason for the different and some suggestion. Fifth chapter is the conclusion. Concrete content as follows:First chapter "the theoretical study" composed by investment bank's basic concept and investment bank's function in our country economic structure adjustment, this chapter introduced some basic concepts; provide the theory instruction for the full text.Second chapter "the real diagnosis research"mainly introduced the American...