The Comparison&Analysis Of Sino-foreign Investment Banks Mode

With the complicated changes of world’s financial environment and theIn-depth of Chinese financial reform， the investment bank plays an important rolein international financial markets. Investment bank is the product of the financialsecurities and the stock company， which is developed to a certain stage. Investmentbanks is the heart of the capital market， after hundreds of years of development，investment banks is a hub to connect the behavior of macroeconomic policy-makingand micro enterprises. At the same time，Chinese investment banking business， yetstill at an initial stage， showing many of the problems in the business developmentprocess， there are still gaps than those in Western developed countries.This article is In-depth study which based on the Mixed Operation to becomethe trend and the background of investment bank model. First， the article describedthe course， meaning of business， a comprehensive comparison of the investmentbanks and comporting the investment banks and commercial banksComprehensively， described the separate operation mode and mixed operationmode of investment bank respectively， and both the advantages and disadvantagesare compared; Second， the article described the evolution of the United States，Britain， Japan investment bank model， anglicizing the current state ofdevelopment of Chinese investment banking problems and the development ofChinese investment bank model. Proposing development pattern of a few foreigninvestment banks; and then analyzing the U.S financial crisis of deep-seatedreasons， reflecting the arising of issues under the U.S. investment banking businessmodel; Summarizes the revelation of the post-crisis era， choose the mode ofdevelopment of the Chinese investment bank which learn from the lessons learnedby the U.S. investment bank. all those are use of finance and managementknowledge， combined with the background of the current post-crisis era. Finally，this paper makes recommendations for the strategic choice of Chinese investmentbank model， on the basis of summing up the previous study. The paper studies the use of induction and analysis method; compare the choiceof Sino-foreign Investment Banks mode which is based on the existing investmentbank mode. And the paper trying to compare to think before the internationalfinancial crisis and post-crisis development model of the U.S. investment bankplayed in the era of post-crisis development model of strategic choice for Chineseinvestment banking inspiration.