Factors Affecting The Development Of Private Banking

Private banking business is to provide extremely professionalhigh net worthclients to the wealth management as the core service package. With the developmentof economy, the private banking business has been a common concern ofinternational banking industry, and gradually become an important source of keyareas of global banking development and profit growth. TChina’s private bank hasjust develop five years and is still at an early stage, there are many factors such as thelack of professionals, legal system is not comprehensive to control the develop, so itis time to take effective measures to promote the private banking business,it hasbecome an important task for chinese banking industry, at the same time, surfacechanges on China’s macroenvironment,mature of capital market and the reforming offinancial supervision mechanism, foreign private banks of the development of oureconomic environment gradually reduce in restricting,if the bank wants to remaininvincible in the competitionwith foreign private banks and occupy the market share,we must seize this historic opportunity, improve their own banking service system.This paper make influence factors of private bank development as the main line.The system analysis of private banks in which the policy and social environment forthe development of China’s banking reform, provide recommendations for China’sfinancial supervision department and put forward the feasibility conditions willfurther promote the development of private banking business in China, guiding theprivate banking business the healthier and more stable in china. This paper Includethe following research method:Empirical analysis: carries on the simple elaborationand present problems of the private bank business of our country,do an empiricalanalysis of the private bank in China to promote the development of factors;Comparative analysis: to introduce the development and characteristics of the twodeveloped in private banking, summary the factors of the development of privatebanking business abroad, as a reference, find the future reform and improvement ofthe private bank business of our country. The paper is divided into seven parts: the first chapter is the introduction,introduces the research background and research purpose and significance; the secondchapter is an overview of the private banking business, the main introduction ofprivate banking business development, business features, problems in developmentand the diffrence with wealth management, retail banking; the third chapter is aboutthe overall review of development of global private banking business and foreignprivate banking business promotion factors; the fourth chapter describes thedevelopment promote factors of private banking business in China from three aspects;the fifth chapter, summarized the restraining factor of private banking businessdevelopment, including national policy, the social environment and the private bankservice system; the sixth chapter is suggestions for improvement according to thedevelopment issues and restricting factors; the seventh chapter is a summary.