Development Innovation And Risk Regulation Of Investment Banking Of Chinese Capital Market

Investment Bank is an important part of the modern financial industry. Called as a"bank", it does not carry on banking traditional business, but help enterprise completethedirect financing, merger and reorganization, asset management business as afinancialintermediary, with its core objectives to discover the value. In the investmentbankingactivities, the risk has always been a prominent issue. The U.S. subprimemortgage crisis,in turn caused the global economic crisis, is closely related withinvestment bank.Therefore, it is very important to study the regulation of investmentbanks for theirdevelopment in China at present. The China’s investment banks, with ashort time andnarrow business scope, have led to some problems in the course of itsdevelopment. Thisarticle attempts to point out and discuss the main problems in thesupervision andmanagement of China’s investment banks currently, and to makesoundrecommendations.The structure of the thesis as below: The first chapter introduced investment bankingbusiness in global capital markets; The second chapter analyzed the development ofinvestment banking; The third chapter explored investment banking innovation; Thefourth chapter discussed the risks derived from investment banking innovation; Thefifth chapter focused on the regulation and supervision on investment bankingindustry.