国际银行业并购浪潮对我国银行业的启示

自20世纪90年代以来,国际银行业取得了巨大的发展.国际银行业出现了前所未有的并购浪潮.国际银行业由于各种原因,不断兼并与重组,以提高自身竞争力,保持并扩大自己的市场份额.研究国际银行业的并购趋势,认清我国银行业面临的竞争形势,对我国银行业取得成功具有极其重要的现实意义.     

当代美国银行业的并购重组

20世纪80年代以来,在金融自由化、全球化与信息化的背景下,美国银行业经历了巨大的变革;其最重要的发展之一,便是时间持久、规模浩大的银行业并购重组。这一持续至今的并购重组对美国银行业的发展产生了深刻的影响,具体表现在银行数量大幅度减少以及银行业市场集中度不断提高。美国银行业具有的趋势性的发展变化,对于中国银行业的发展有相当大的参考价值。     

银行业并购逼进

当前,我国银行业正处于改革重组的关键时期。如何在以往经验的基础上,通过真正意义的银行并购,提高我国银行配置金融资源的效率,从而实现金融业整体发展的问题值得思考。     

重新审视国际银行业并购

20世纪后期以来,金融全球化以强劲的势头迅速发展,资本流动全球化、金融机构全球化、金融市场全球化,极大地改变了并且将继续改变国际银行业的经营环境和运行方式。银行业的并购在金融业的发展中始终占据着重要地位,而这种变化使国际银行业的发展出现了新的趋势:国际银行业并购     

国际银行业重组昭示了什么

一、银行并购的动因近些年来,国际银行业劲吹并购之风,“内忧外患”使一些大银行为了生存和发展,或者将兼并的利刃挥向同行业其他银行,或主动与其他实力相当的银行合并,其具体原因如下。(一)外力拉动1.金融自由化浪潮和混业经营之势是银行并购的基本外因。随着经济一体化和金融全球化程度的提高,顾客对多样化和综合性服务的需要不断增加。20世纪70年代末和80年代初,以发达国家为代表的金融自由化全面展开,政府放松了对金融领域特别是银行业的管制,打破了银行业、证券业和保险业之间的界限,制定了新的推动金融自由化的法律。1986年英国伦敦金…     

国际银行业并购分析及对我国银行业的挑战

金融全球化导致全球金融市场竞争日趋激烈,为了争夺市场,各国跨国银行都希望通过扩大规模,降低经营成本,提高竞争能力。单个银行的规模效益毕竟有限,跨国并购已经成为扩大银行规模的一条捷径。通过跨国并购来实现银行规模扩张是国际银行业近10年来的明显趋向。在此大背景下,外资银行将会通过并购的方式进入我国银行业,我国银行业也会通过并购的方式实施"走出去"的战略。基于此,对银行跨国并购进行研究就显出重要的意义。     

美国银行业并购研究及对我国的启示

90年代以来,美国部分大银行在宽松的反垄断政策和金融自由化的政策大背景下,为了追逐规模经济效益、提升国际竞争力、实现获取互补协同优势,掀起了美国银行业并购的又一浪潮。而美联储对现阶段银行业的并购的监管进行了适度调整,制定了竞争性、安全性和cRA标准。我国经济融入全球经济的深度和广度因加入WTO而日益提升的背景下,国际银行业并购的冲击为我国银行业的发展提出了挑战,同时对并购过程和并购后形成的大而复杂的银行机构的监管更是我国必须考虑的难题。     

我国银行业并购的问题研究

银行业在现代经济中的核心地位及其在企业并购中的特殊地位,使得银行并购颇为社会关注.20世纪90年代以来,随着经济全球化和金融自由化趋势的加快以及国际银行业竞争的加剧,银行间竞争日益加剧,银行传统业务盈利能力下降,银行的并购也成为银行增加自身竞争实力的一种有力手段,本文即是分析我国银行业并购中的一些问题.     

中国银行业应对WTO挑战之对策思考

加入世界贸易组织将对中国金融领域尤其是银行业造成很大的冲击和影响。中国银行业须认清现代经济的特征———虚拟经济高速发展 ,顺应国际银行业发展态势———银行业并购重组浪潮迭起 ,结合自身特点 ,推行中国银行整合优化 ,以深化金融体制改革 ,提高国际竞争力 ,迎接入世的挑战。     

从国外银行业并购看我国银行业未来的并购趋势

随着世界经济一体化、全球化的发展,国际银行业的并购浪潮将更加激烈。本文主要透过国际银行业并购的现状、原因来分析预测未来我国银行业的并购趋势。     

商业银行规则导向监管与原则导向监管的比较

2007年的金融海啸以及由此引发的经济危机,引发人们对欧美以及其他发达国家金融监管部门监管方式的质疑。本文通过介绍国外主要的监管方式,即规则导向监管和原则导向监管,比较两种监管方式的特点、优点、缺点,并提出将两种监管方式相结合,为我国商业银行监管提供借鉴的思路。     

国际银行并购与中国银行业发展

作为银行组织机构创新方式之一的银行并购，其最终目的是促进银行体制创新业和业务创新。根据中国银行业所面临的国际国内环境，体制改革和业务创新刻不容缓，寻求一个更加有效的银行组织因而显得非常必要的，银行并购是一种理想的途径。     

China's Banking Reform

This article discusses the main problems facing the Chinese banking system and concludes that, despite serious problems, the risk seems small that, in the near future, a financial crisis will occur that will pose severe problems for the international financial system. An internal financial crisis, however, could occur. Without government support, the economic viability of many of China's banks is questionable. The government and central bank authorities acknowledge the situation and have taken some steps toward reform. The most serious threat to the banking system lies in the accumulation of non-performing loans (NPLs)--many of them policybased loans extended by state-owned banks to money-losing state-owned companies with little expectation that they would be completely repaid. China has been taking measures to keep the problem from worsening and has created four asset management companies to dispose of NPLs that still have value. Since the Chinese economic reforms began in 1978, Chinese authorities have made significant progress in modernising their banking system, although they still have a long way to go. However, there are several ameliorating factors that still keep its financial and foreign exchange system viable. China's continued high rate of growth and high savings rate have funneled deposits into the banking system, while a $20-30 billion annual trade surplus together with an inflow of foreign direct investment at about $40 billion per year have resulted in an accumulation of foreign exchange reserves exceeding $200 billion. China does not carry an unusually heavy debt burden, either domestic or international, although its short-term borrowing in foreign currencies has been increasing. China does not currently face a serious risk of either a domestic or international liquidity crisis--unless, of course, a severe and prolonged world recession occurs that adversely affects Chinese exports as well as the inflow of foreign direct investment.     

Ethics and Banking

Usually moral conscience has been forgotten after the individualist and utilitarian analysis. However, many people guide their behavior by a value system that is sensitive to social problems, such as equilibrium with nature, respect of human rights, and the equality of opportunities. People have the power to change the society: As consumers and as savers. As savers, people have the opportunity to choose, in financial markets, between institutions and products. In this paper, we will summarize the economic trends that observe a moral conscience in humans. Then, we will analyze if this moral conscience can have a translation in the financial sector. Can ethical banks and investment funds survive in the competitive financial sector? Can moral conscience be incorporated into financial business?     

Distance and International Banking

This paper asks how important distance is as a determinant of international banking and whether distance has become less important over time. If technological progress has lowered information costs and if information costs increase in distance, the importance of distance should have declined. I use data on assets and liabilities of commercial banks from five countries (France, Germany, Italy, UK, and US) in 50 host countries for the years 1983–99 to test this hypothesis. Generally, I find that banks hold significantly lower assets in distant markets and that the importance of distance for the foreign asset holdings of banks has not changed.     

Banking in Croatia; Macroeconomic Conditions and the Banking Reform in Croatia

MOCT-MOST: Economic Policy in Transitional Economies -     

Banking theories and macroeconomics

Mainstream models that allow for financial operations are characterized by the understanding of banks as intermediaries of outside money (IOM). This approach to banks became dominant thanks to a peculiar rhetorical device by Tobin (1963 Tobin, J. 1963. “Commercial Banks as Creators of ‘Money’.”Paper 205. New Haven, CT: Cowles Foundation. [Google Scholar]). In recent years, however, this understanding is being increasingly questioned and an old view of banks as originators of inside money (OIM) is being reconsidered. The present article highlights the fundamental differences of these alternative doctrines from a money supply perspective and provides a simple theoretical argument to consider the limits of a point of view à la Tobin and regard the OIM banking theory more general than the IOM theory.     

国际银行业的新发展及其对中国银行业的启示

本首先分析了近年来国际银行业发展的新趋势,包括经营多元化、巨型化、电子化和监管的精细化,然后提出了中国银行业发展的应对措施。     

入世对中国银行业的影响

中国加入WTO是大势所趋，入世预示着中国金融市场将向自由化进程迈出关键一步，将使中国真正成为世界经济不可分割的一部分，这给中国的银行业提供了一个国际竞争的大环境，加入WTO，我们面临种种挑战，也面临种种机遇，对世界开放中国的银行业，谋求与国际金融市场的接轨，对我们来讲更多的应成为一种动力。