Explore The State-owned Banks Investment Banking Selection Mode

With the development of China's commercial banks are facing unprecedented large change in the situation. Outside, economic globalization and financial liberalization progresses, the global financial industry continues to accelerate the development process mixed; the international community increasingly high degree of concern for China's reform and finance. Including spreads continue to narrow China's commercial banks urged to explore how to change the profit model. According to the provincial financial yearbook shows that the amount of indirect financing provinces have suffered different degrees of development by leaps and bounds after 2008. In Beijing, Shanghai and other cities in the forefront of economic development, for example, in 2008 the two cities indirect financing amounted to 314.9 billion yuan and 227.5 billion yuan, while in 2009, the data for the 804.2 billion yuan and 579.1 billion yuan. Although we can not simply indirect financing data representing the investment banking business needs, but also from the data reflect our corporate demand for investment banking business to some extent continues to increase. Brokerage and other non-bank financial institutions to take advantage of expanding market demand, national deregulation and other conditions, business has developed rapidly. In state-owned banks, represented by the commercial banks in this sector has been in a backward position, attitudes must change to catch up. In the rapidly advancing business development process, can not always successfully, failure cases still abound. In these cases of failure, the case of poor service option from a certain proportion. Therefore, the analysis of the state-owned bank's investment banking business selection mode has practical significance and necessity very important. Select Bank as the object of this analysis for two reasons. First Bank is one of the oldest state-owned commercial bank, has an important position in China's financial industry; Second, after the 1987 reorganization, the Bank has been used as a testing ground to see China's financial sector reform, a variety of financial innovation is the first time to reflect on it. The constant group of business under analysis also have strong representation, its implementation process embodies the advantages of state-owned banks to carry out investment banking business and also due to take place shortly before and has a strong timeliness.Research and Analysis constant group of business paper for the Bank to finance docking investment bank assets of non-credit business conducted with the aim to summarize the decision-making process to make the advantages and disadvantages, investment banking for China's state-owned bank's business choose to provide reference and reference. This paper uses case study analysis, literature while using inductive research methods and qualitative analysis and quantitative analysis by using a variety of methods to better analyze the case. Firstly, on the background and significance of the topic, pointing out the necessity of state-owned commercial banks to study investment banking selection mode, and literature studies were summarized in order to build on previous achievements. Then introduced the investment banking business lines, development status, and the current state-owned banks to carry out investment banking Problems. Then analyzes the content of the case, the main analysis of the Bank in this case the selection process. Next to this case has been expanded, targeted to the Bank's business model has been to expand the selection. In the last article summarizes the Bank in the decision-making process of the constant group shares pledged repo operations as reflected in the characteristics and the micro and macro levels of analysis of the revelation of this study. In this case, the Bank of service selection of the main features of the Bank's customers to take advantage of resources, multi-level analysis of the business object, select the type of service to local conditions. To solve these problems, this article from the micro-level and macro levels of government are proposed enlightenment and suggestions. For state-owned banks in the business selection process to be performed in scientific decision-making, after considering the circumstances in order to determine the overall implementation of business; give full play to its own advantage, "soft" resources instead of more "hard" resources; increase business decision-making process the use of intermediaries, give full play to comparative advantages of both; and finally actively cultivate good risk management culture. At the macro level, to encourage competition, state-owned commercial banks and various financial institutions to put in a fair competitive environment, improving its operational capacity; Secondly, we should reform the financial markets and regulatory policy to relax; Finally, encourage financial innovation, improve risk tolerance degrees, allow financial institutions to make mistakes in the process of innovation.The main innovation of this paper is:First, the domestic commercial banks for current research and literature investment banking business choice is not very rich, but most of them are carried out theoretical research on the investment banking business, the analysis of specific cases less. Therefore, the study and discussion of this paper has practical significance. Second, the case of this article is typical. This article highlights the case of selected state-owned banks during the investment banking business has the advantage, and the case has been issued a special traffic management practices standardized, more size. Also, the time of the case occurred in 2015, with a strong timeliness, presumably refer to the reference for other state-owned banks. Third, we use a variety of methods, including literature research, case analysis and qualitative analysis, a detailed analysis of the whole process of commercial bank investment banking choice. Because of space limitations and the level of the author, this study still has many deficiencies.First, the number of models in terms of study and research needs to be strengthened. Commercial banks investment banking risk management only after rigorous inspection of the number of models in order to highlight the guiding role of practical work, but limited to the difficulty of the author and the data obtained for the lack of quantity analysis research, quantitative research of this paper is more lacking. Second, because of lack of data related to this study for some of the information cited less, reducing the depth of this paper therefore, results of this study need to continue to improve and conduct follow-up studies.