Research On The Development Of Private Banking Business In China

Standing on the high-top of financial services among commercial banking business,private banking business is the core of banking wealth management. Private banking businessrefers to provide specialized financial services, which core is wealth management, for highwealthy clients in our society. On the ground of its wide-ranging services, private bankingbusiness consists of multiple financial service and non-financial service: asset managementservice、insurance planning、fiduciary service、investment securities service、estate service、tax planning、art collection、business etiquette planning and educational program. With thehistory of hundreds of years, private banking business originates from the western countries.Because the further advancement of Chinese reform and opening, high-end wealthy crowdemerges in large numbers, which supplies favorable opportunity for the development ofChinese private banking. In2007, private banking starts its business in our nation. Althoughit has obtained a series of achievements, it covers certain problems. Our country should strivefor exploring the developing model of private banks based on the advanced experience fromthe west, in order to improve private banking services of our nation.In order to study private banking business in my country, the thesis consists of fivesections mainly. The first chapter will state background、 objective and significance、researchtechnique. The second chapter will present speculative knowledge of private banking business.The third will chapter analyze current situation and subsistent problems. The fourth chapterwill illustrate inspiration from foreign private banking business. The fifth chapter will setforth strategies that resolve problems of private banking business in my country. The sixthchapter is the conclusion looking forward to the future of private banking business. In ourcountry, private banking business is geared to rising financial services, it is vital for thedevelopment of our financial services and the innovation of our financial structure to explorethe advancement of private banking business.