从花旗集团拆分反思“金融超市”模式

花旗集团不得不重组拆分并最终回归至传统的银行业务,意味着曾风靡一时的"金融超市"模式很难成功.其模式的主要问题在于规模和范围扩张似乎并不经济,内部却存在严重的利益冲突,同时混业风险相互关联,而风险管理机制又很脆弱;混业经营事实上损害而非提升了公司的市场价值.花旗混业经营的失败并非个素,为蜂拥追逐"混业"梦想的中国金融机构敲响了警钟.

Reflection on financial supermarket model on the perspective of the split of Citigroup

Citigroup has to split itself into two and will focus on traditional banking business,which means it is difficult for financial supermarket to be successful.Main problems of this model include: there seems no economy of scale and scope;meanwhile,there exist serious conflicts of interest inside the organization;risks across financial businesses interact with weak risk control;and mixed operations,in fact,destroy rather than create the market value of a corporation.The failure of Citigroup is not a typical ca...