| A familiar dispute about the choice of management mode in finance industry has lasted for a long time. In the thirties of the 20th century, the economic crisis broke out in the capitalist society, the financial market had collapsed. A large amount of banks went bankrupt in the great crises, people began to suspect the rationality of the management stock exchange of the bank and drew the conclusion that mixture run has resulted the financial crisis, then the separate run has been adapted in banking industry finally. Since 1970's, a wave of innovation concerning financial globalization and deregulation has swept the world. On November 4th, 1999, the US congress signed theLaw of Financial Service Modernization, which indicated that the pioneer of separate run abolished this regulation lasting for more than sixty years in US. Before this, the United Kingdom, Japan and Taiwan had experienced "Big Bang"-braking down their separate run. All of these have forecast that the mixture run, namely the universal banking system, has become the mainstream of financial operating field. But in this whiff of trends, each country has chosen different management mode of mixture run. There are many differences between these modes. If the mixture run will be adapted in banking industry of our country, a kind of mode is very important.After China's entry into WTO, the Chinese financial institutions are destined to participate in the global economy and to face the keen competition from the "financial conglomerate" of the western developed countries. Against this background, is it still possible for the Chinese financial institutions to adhere to the separate run firmly? How can our weak financial institutions, especially the state-owned banks, compete with the strong financial conglomerate consisting of banks, security firms and insurance companies? To survive in the international competition, our financial institutions should be reformed, transforming form the separate run to the mixture run.Our country still lacks essential economy financial environment of mixture run in banking industry. It must cause the confusion to change rashly. Therefore, we should build the good environment before mixture run will be came out.The paper breaks into five chapters.Chapter One-PrefaceHave done a brief retrospect to every main course of developed country mixture run at first, Then the concept studied to this text is defined, and emphasize that the research focal point of this text is the banking in the financial circles, Come tosummarize a large amount of existing document from the hanging's own angle and impact on society respect at last.Chapter Two ?Theory Analysis of Separate Run and Mixture Run in Finance IndustryThis part reviews the main theories explaining the mixture run and the separate run, and then comes to a conclusion that the mixture run has become the mainstream of financial field. From the development of the theory, develop reality from bank in recent years; we have seen the vitality of mixture run in banking industry.Chapter Three ?Reason Analysis of Mixture Run and Comparison of Mixture Management Mode in International Finance IndustryThis part analyses about the reason of the trend of mixture run at first, Prove with this that mixture run in banking industries already become the trend with irreversible one share in practice .It is very important to choose a feasible mixture run mode to meet the banking industry' urgent demand. So the part analyzes the characteristics of three leading mixture run modes in Germany, the United States and the United Kingdom respectively.Chapter Four-the current situation and realistic choice of mixture run in Chinese banking industryIn this chapter, with reviewing the history of the separate run in China, the paper points out that the current banking operation system -separate run has brought many negative effects on Chinese banking industry although it has contributions to control financial risks. Afterwards, the paper presents that the mixture run has become an inevitable tren...
|
PDF Full Text Request