Research On Risk Management Of Wealth Anagement Products Offered By China’s Commercial Banks

In recent years, with an increasingly growing demand of individual financial management in our country, China’s commercial banks in the midst of transition have an increasingly strong desire for new business expansion. As a financial innovation, wealth management products offered by commercial banks are popular among the financial market for its satisfying the need of both residents and commercial banks.Since the year of2004,"the first year" for wealth management products, commercial banks’ wealth management products have undergone four distinctive four periods, namely "trial sale period","rapid growth period","rational return period" and "steady development period". In terms of the issue size or types, wealth management products offer by our commercial banks have gained significant development. However,"there is no such thing as a free lunch." While admitting commercial banks in China are enjoying a generous profit from the expansion of wealth management products, we should also be clearly aware of the innate risks of the wealth management products.Starting with the definition of wealth management products offered by commercial banks in our country, the thesis has sorted out the development skeleton of wealth management products. After an analysis of the features and common types of the wealth management products in our country, the thesis emphasizes the status quo as well as the risks of wealth management products offered by our country’s commercial banks, and analyzes the difficulties in the risk management of commercial banks’ wealth management products. Then, this dissertation gives a detailed introduction and analysis to the development and risk management system of wealth management products in developed countries represented by the United States. In the end, aiming at the credit risks and market risks of wealth management products, the thesis puts forward a simple design of risk identification and assessment system, and gives several proposals to perfect the risk management systems of wealth management products.