Research On Mixed Operation Model Of Chinese Financial Business

The Financial Modernization Act, which permits subsidiaries of financial holding company to affiliate with security company and insurance institutions, was passed in United States in November 1999.The passage of the Act not only reflects the repealing of segregation system in American, but is also a trend of mixed system in world. Our segregation operation and segregation supervising system, founded in 1998,faced a direct impact. So it's an actual problem that how to develop our finance business through reform during the buffer period to adapt to the more intense competition between financial institutions home and abroad with the entry into WTO.Adopting the method of combining theoretical and practical research, this thesis firstly probes into the relative theories about mixed operation of finance service, compares the developing history of international finance service, and holds that mixed operation is an inexorable trend. Then aiming at present operation and supervising situation, the thesis explains the reasonable character of current segregation system through a model, meanwhile proves the certainty of mixed operation in China with vast data. The thesis also compares three mixed models we can reference, considering the financial practice of Chinese, deems that financial holding company is a possible way to realize mixedoperation, and studies how to implement the financial holding company strategy from macro and micro viewpoints. Finally, it puts forward some suggestions about perfecting present supervising system with the transforming of operation system.