中国券商转制商业银行的必由之路  

The Necessary Road of Chinese Securities Dealers' Switching to Commercial Banks

作　　者：彭晓峰[1] 高学哲[2] 

机构地区：[1]上海金融学院,上海200129 [2]深圳信息职业技术学院,广东深圳518029

出　　处：《改革与战略》2011年第8期80-82,共3页Reformation & Strategy

基　　金：上海市教委重点学科建设项目(项目编号:J51601)

摘　　要：美国金融危机中,投资银行体制终结。通过比较高盛和花旗的资产负债表,文章剖析了美国投资银行经营模式的特点,并对中国券商的业务特点及风险展开分析。中国应吸取美国教训,推动券商转制商业银行。转型有两种方式,其中商业银行收购券商应是最主要的方式。券商并入商业银行后,中国最终将形成银行、保险、基金三大金融体系。The investment bank system ended in the American financial crisis. Through comparing the Goldman Sachs and Citigroup＇s balance sheet, the thesis analyzes the America investment bank trader model, and the characteristics of and the risk of Chinese securities trader. Finally, the paper suggests that China should draw lessons from America and should promote Chinese securities dealers to switch to commercial banks. The switch has two ways, in which the commercial banks＇ taking over the securities dealer is the main way. This paper also points out, after the securities dealers being merged into commercial banks, China will eventually formed the three financial system of banking, insurance and fund.

关 键 词：美国金融危机 投资银行 券商 

分 类 号：F832.33[经济管理—金融学]