Research On The Development Of PA Bank's Investment Banking Business

As China's economic take-off and rapid development,commercial banks no longer earn the money so easy.At the same time,as the financial system improving,the process of marketization of interest rate advancing rapidly,and the phenomenon of financial disintermediation app eared,the indirect financing mode of traditional commercial banks cannot meet the diversified needs of industry.In order to follow the development of financial globalization,the divided operation what domestic commercial banks owned will be eliminate in the future as internationalization process.The key rout of commercial banks is the development of investment business,and “traditional banks plus investment bank” will also be the only way for the development of China's commercial banks which passed.On basis of referring to sufficient documents and fully understanding of domestic and international research trends,at the same time,combined related theories of commercial bank and the investment business,we deeply research on the development of PA bank's investment banking business.And we refine the measures to improve efficient,healthy and rapid development of PA bank's investment banking business.This paper is divided into six parts,the first chapter overview the purpose and the significant of this study,and put forward to the methods and ideas by analysis of the domestic and global research.The second chapter focused on the concept of investment bank,and summarized the development path of investment banks at home and abroad,including the origin,prosperity,separation,transformation,glory and crisis,changes and prospect of the most representative investment banks in Wall Street.At last,it expounds the necessity of the existence and development of the investment business from the macroscopic and the microscopic meaning,and proves the real-time nature of this topic and the necessity of argumentation.The third chapter compared the investment banking business and commercial banks in China,at the same time,find the differences between investment banking business in commercial banks and the business in security companies.Following,it defined the main types of investment banking business in domestic commercial banks,and expounds the roles.The forth chapter analyzed the reasons of choosing the PA bank's investment business to research.And introduced its situation,analyzed its setting?position?internal architecture and market position in detail.At the same time,it analyzed the path of PA bank's investment banking business.At last,using the SWOT method to analyze the current situation of the development of PA bank's investment banking.The fifth chapter puts forward seven measures to improving the healthy development of investment banking in PA bank: actively create a new investment bank business,train the professional personnel,establish effective incentive assessment mechanism,accurate the market position,establish and improve the risk system,design the internal structure and integrate internal and external channels of cooperation.At last,it concludes that it is the must of transformation to the development of PA bank.At the same time,it summarizes the inadequacy of the research,and looks into the distance of the research.Based on the different background,this research should be deeply,so that realizes the combination and promotion of the theory and practice.