Research On The Risk Management Of Investment Banking In China's Commercial Banks

The financial development trend formed by the combination of capital control relaxation,financial innovation and global interconnection has prompted commercial banks to invest their business as their main development strategy.In the context of the deepening reform of the interest rate market and the continuous improvement of the regulatory system,the business of accelerating the investment bank has become the main business of the commercial banks to enhance the overall competitiveness,increase the profit growth point,reduce the capital occupation,broaden the middle business revenue channel,meet the multi-way.China's commercial banks focus on the development of investment business began in the early 21 st century,after a certain period of development,has initially achieved complete types,integrated scale of the target,and initially with the international competitiveness.However,commercial banks tend to focus on the development of investment business while ignoring the construction of "risk management" business,which leads to the problem of debt default risk and bad debt increase.This study can be divided into four parts: the first part is the theoretical analysis part,mainly elaborates the commercial bank carries out the investment banking business risk management related theory.Including: portfolio management theory;capital asset pricing management theory;hedging theory;integrated risk management theory.Lay the theoretical foundation for later research.The second part is the analysis of the causes,mainly analyzes the current situation of the commercial bank investment banking risk management and the reasons for the existence of the status quo,lay the foundation for the subsequent analysis and improvement measures.The third part is the international experience analysis,the specific analysis of the US and Germenay investment banking business risk management,based on the comprehensive analysis of China's commercial banks to improve the investment banking business risk management to provide advanced experience.The fourth part is the analysis part of the countermeasures.On the basis of comprehensively analyzing the development direction of the investment risk management of the investment bank,the author puts forward the suggestions on the improvement of the internal organization,including strengthening the internal organizational structure innovation and strengthening the supervision system of the investment banking industry.