Empirical Study On Financial Products' Return Of Commercial Banks—Based On Supervision

Since 2004,China's commercial banks began selling personal financial products.Initially,the number of commercial bank financial products were less than a thousand per year,but now,every week nearly a thousand financial products come out.The number of commercial banks' financial products is still increasing at an annual rate of 50%.The business model of commercial bank financial products,is no longer as a single as in the past.With the market growing,the supervision comes.In 2005,the Banking Regulatory Commission issued the first regulatory document on the personal banking business of commercial banks,and began to supervise the development of commercial banks' personal wealth management business.As of the end of 2016,the Banking Regulatory Commission issued a total of 19 notice,guidelines and management methods for personal finance business.Firstly,the thesis gives an introduction about commercial bank financial products.Secondly,the thesis gives an introduction about the financial products market,analysis about the risk and return of financial products and the supervision files.At last,the thesis did some empirical analysis of the yield of financial products.Through the empirical analysis,the thesis comes to the following conclusions:1)the returns of financial products are firmly related to the asset of the product;2)the design of the product will affect the return.3)the supervision will improve the return of the product.