Research On Operations Of Internationalized Investment Banks

With the entry into the 1960's, especially the 1980's, the process of integrated economy is being accelerated and strengthened. In addition, the finance and free trade have been becoming the dominated factors in the scope of internationalized economy among the different countries and nations. In the context, a variety of investment banks with the abundant funds keep pouring into the international market and carry out their business in a global scope, hence the trend for the investment banks to be internationalized is more distinctively found out. Therefore, with the development and expansion of China's capital funds market, the extent to open up to the outside world will be doomed to be strengthened gradually, and it will be an inexorable tendency for China's investment banks to step into the international stage. However, viewing China's investment banks on the basis of the realities, we can easily aware that due to the boundaries of many factors such as the capital funds, managerial abilities and expertise experience, the industry is still in the preliminary period. Compared with the overseas well-known investment banks, there is a great disparity in strength. How to promote China's investment banks to learn "running" on the premise of "unsteadily walking" is an imminent task demanding a quick settlement for all paying much attention to the development of the capital market.Which measures to be adopted to improve the strength of China's investment banks to greet the challenges of the internationalized tendency in the field of the investment banks is the key point in my thesis. By means of samples research and comparable analysis, combined with the concrete analysis of causes, features of the tendency and enlightenments which it has brought about to our country, associated with the presentation of the disparity between our investment industry and the overseas investment banks, the thesis concludes some countermeasures from the different two angles, one from the government, the other from the enterprises. Finally, on behalf of the benefits of enterprises, the thesis remarks how to meet the challenges of the trend of internationalized investment industries through establishing the business innovation model for enhancing the core competition of the enterprises.The thesis is divided into four chapters. The first chapter is to lay thedefinitions of some relevant terms concerning the internationalized investment industries, to remark its present conditions, and to introduce the writing frame and research ways aiming at the topic. The second chapter is to dissertate the causes, features of the tendency and enlightenments that the tendency has brought about. The third chapter is to put forward some relevant countermeasures aiming at the internationalized tendency through making a contrast of the business development between China's investment banks and the overseas well-known investment banks. The fourth chapter discusses the fact that the business model innovation will be the best choice to cater for the internationalized tendency in the field of the investment banks. In addition, the chapter mainly narrates how to make the innovation of the managerial modes put into practice, not only with the adoption and analysis of the theory of managerial modes, but with a detailed description of the key points, connotations and steps concerned.As a positive exploration, the thesis puts forward the strategic thoughts of the business model innovation. By means of the thoughts, the writer hopes not only to solve the practical difficulties for our investment industries in faced with the fierce competition in the tendency of the internationalized investment industries, but to bring about some benefits for promoting our country's capital market.