China's Commercial Banks, Private Banking Business Development

Private banking business is high level finance serves which is carried on by the commercial banks specially aiming at the rich person, the character is powerful privacy, taking the wealth management as the core, specialized, personal, comprehensive . The service covers property management, investment, trust, tax affairs and inheritance arrangement, collection, auction and so on.Private banking business is high-end financial management business which is carried on by the commercial banks. As the highest profit businesses of the commercial banks, private banking business obtained the vigorous development in western country. But in domestic, this still is one strange noun. Based on our country has already had economic basis of private banking business development, private banking already emerged.Although domestic commercial banks have already realized the important strategic sense of private banking, the development of private banking business is still paused in the weak stage. Looking at the present situation, the development of private banking business is restricted by some reason, as bank innovation ability's insufficiency, lacking the multi-skill talent and so on. For impelling the development of our country private banking business, the author suggests to take effective actions including pushing on mixes industry management, enhancing environment construction, enhancing banks'competitive ability, optimizing organization reform, raising and introducing talent, promoting risk guard and so on.