Research On The Influence Of Financial Services On The Risk Of Commercial Banks

The various impacts of interest rate liberalization and Internet finance,as well as the increasing demand of residents for investment and wealth management,have made financial services gradually become an important part of commercial banks’ own business operations.However,in the process of rapid expansion,the bank’s financial services also face a series of risks such as rigid redemption,maturity mismatch,and asset shortage.In order to more effectively control the risks arising from the financial services of commercial banks and ensure the smooth operation of the financial market,the 2017 draft of the New Regulation on Asset Management was released,which opened the prelude to the transformation and development of the bank’s financial services.In this context,conduct in-depth research on the impact of wealth management services on different types of bank risks before and after the introduction of the New Regulation on Asset Management,and regulate,supervise and guide the development of wealth management services by different types of commercial banks and the targeted formulation of financial policies by regulatory agencies.The operation of commercial banks is of great significance.This thesis first analyzes from the theoretical aspect that the development of financial services increases the credit risk,liquidity risk and market risk of commercial banks through the leverage ratio channel and the rate of return channel,and sorts out the policies issued by the regulatory agencies to control such risks,and finds that the policies It has always been lagging behind.Commercial banks will respond to supervision through business models such as multi-level nesting,fund pooling,and inter-bank financial management,and the New Regulation on Asset Management have put forward clearer regulatory requirements for this.In order to test whether the impact of financial services on commercial bank risks has changed before and after the introduction of the New Regulation on Asset Management,we first select the semi-annual wealth management product data of 17 listed banks from 2012 to 2017 before the introduction of the New Regulation on Asset Management.From the perspective of bank risk channels,we examine the impact of wealth management services on the risks of different types of commercial banks.On this basis,we select data from 2012 to 2020 to further use the double differential method to evaluate the mitigation effect of the introduction of the New Regulation on Asset Management on bank risks.The empirical results show that before the introduction of the New Regulation on Asset Management,the development of financial services increased the risk of state-owned commercial banks and joint-stock banks by increasing the leverage ratio,and increased the risk of city commercial banks by increasing the leverage ratio and the fluctuation of the yield;compared with state-owned banks And joint-stock banks,the scale of financial services has a more significant impact on the risks of city commercial banks.After the introduction of the New Regulation on Asset Management,the capital adequacy ratio of city commercial banks has been significantly improved by regulating the financial services,the leverage level has been reduced,and the risk mitigation goal has been achieved.However,the impact on state-owned banks and joint-stock commercial banks is not significant.Before and after the introduction of the New Regulation on Asset Management,the impact of financial services on the risks assumed by city commercial banks has changed the most.The New Regulation on Asset Management have significantly reduced the risk level of city commercial banks.Finally,combined with the empirical conclusions and the development of bank finance services,this paper puts forward targeted suggestions from commercial banks,regulatory institutions and investors to promote the healthy,standardized and sustainable development of China’s bank finance market.