| It has been over one hundred year history since the first M & A took place in later 18th century. Because of political multi-polarization, economic integration and financial globalization, M & A has become a force not to be ignored in the field of international banking industry and has had a much great effect on political situation and economic development of the world in the end of 20th century. Therefore, in this thesis mainly referred is the latest M & A flow of banking industry from the part of adventure and profit. The article is made up of three parts.The first part is on the analysis of history and characteristics and the theory about the M & A in later 20th century. This M & A flow has lots of difference from other ones in history, and then on this flow is almost the whole article.The second part is about the theory and real example findings of adventure and profit of M & A in banking industry. In the prior part, listed is theoretical analysis on adventure and profit of M & A , including macro and micro . hi the later, the thesis studies some examples of U.S.A, UB, EU and Japan . Through these real examples, the article tries to make a believable conclusion that M & A is reasonable.hi the last part of the thesis, concerned is the issue of M & A of China banking industry. Here, discussed are the present problems, the significance and probability of M & A . Actually, China banking industry has enough reasons to merger and acquire. On the one hand, China banks can expand the operation space and enlarge the scale. On the other hand, domestic banks have to keep pace with the world, and join the flow of the financial globalization to compete with foreign superbanks. So, the conclusion is that China banking industry must speed up the step of M & A. |