Research On The Impact Of Leverage Ratio Supervision On The Business Operation Of "Four Major Banks" In China

'De-leveraging'is one important factor of "five key issues",which is also called as "Three delete,one lower,one make up"referring to the national.economic construction will be committed to remove the excess production capacity,to reduce inventory,to delete leverage,to lower costs,and to make up short board.Due to the profound lessons of 2008 American financial crisis and the long-term structural contradictions of China economy,people all realize the necessity,urgency and arduousness of 'De-leveraging' gradually.As the Global systemically important banks,the leverage rate of four major banks(ICBC,CCB,BOC,ABC)affects the stability and healthy development of China's financial industry.In the existing research on the impact of China's supervision of leverage,scholars are mainly based on the entire banking industry as the object of its impact on the banking business.In view of the special status of the"four major banks" in China,the author thinks that the influence of the lever supervision on the banking industry in our country is not applicable to the "four major banks".This paper analyzes the impact of leverage ratio supervision on the business of China's four major banks from the aspects of assets,liabilities business and intermediate business and derivatives trading business by comparison and correlation analysis methods,and draw the conclusion:the impact of leverage ratio supervision on the banking sector is not entirely applicable to the "four major banks".The leverage ratio supervision make no limitation in banks' credit scale,but it imposes restrictions on intermediate business and derivatives transactions,and is not conducive to the development of bank off-balance sheet business,thus is not benefit for transformation and upgrading in business model.This paper is divided into five chapters:the first chapter,to clarify the research background and research significance of this article,and review the relevant literature from home and abroad for making further study based on the existing results.The second chapter,to make the analysis of the content and theoretical basis about leverage ratio supervision,and to make the relation between leverage ratio and capital adequacy ratio index indicating that the leverage ratio index is a supplementary of capital adequacy ratio index,and to point out that the necessity of both used in combination,as well as the relation between the leverage ratio and the bank business.It is around the theme of "the impact of leverage ratio supervision on China four major banks".In chapter third,according to the data of China's four major state-owned banks,the author makes a comprehensive statistical analysis of the current situation of the leverage ratio from the aspects of assets,liabilities business,intermediate business and financial derivative products,and figure out the influence of leverage ratio supervision on the operation of the four state-owned banks.The forth chapter is related to empirical studies and case studies,focusing on the leverage ratio supervision practices of United States,Canada and Switzerland,and to conduct a comparative analysis of these countries' practices for assimilating the experiences and lessons.The fifth chapter makes a conclusion of the whole essay and bring forward relating policy suggestion.Firstly,to analyze the deep reason of these case studies,and then to offer policy suggestion from the two aspects of bank and supervision.