Study On The Strategy Of Cross-border M&A Of China Commical Banks

As the development of economic integration and the gradual opening of our financial market, the internationalization of commercial bank is becoming a trend. Our commercial banks have gradually accepted merger and acquisition, which is the efficient ways of internationalization. However, compared with the multinational banks of western developed countries, our commercial banks' means of cross-border M&A is not mature and the economic environment of the world is becoming more and more complicated. Therefore, analyzing the macro-environment of home and abroad,deeply recognizing the opportunitys and risks which our commercial banks is facing has becoming a real problem.Firstly, this thesis introduces the international progress of western mainstream banks and then by listing the M&A events of HSBC, the thesis analyzes the reasons of becoming the multinational banks and sums up its experiences. secondly, the thesis reviews the internationalization of our country's commercial banks in the past 20 years, and realizes the opportunities and risks which are faced by these commercial banks under the whole environment both at home and abroad and the inside and outside factors which drive our banks go abroad by M&A.Thirdly, the thesis introduces two cases by using the model PEST, one is CCB succeed in buying American Bank(asia) and the other is CMBC failed in buying United Commecial Bank and then gives the answer why CCB succeed but CMBC failed by constrastive analysis.Finally, the thesis gives the commercial banks some suggestions about how to go abroad to develop by M&A in future.