On August 31, the China Banking Association officially released the 2021 China Banking Industry Development Report.
It is mentioned that the global economy has not yet fully recovered this year, there is still uncertainty in the evolution of the epidemic, and the risk exposure affected by the epidemic has a certain lag, and the potential risk of the banking industry is still large.
The report also pointed out that since 2020, the banking industry has focused on national strategies, actively optimized the credit structure, continued to increase support for major national strategies, key projects, scientific and technological innovation, green finance, inclusive finance, rural revitalization and other fields, and made precise efforts and sustained efforts to continuously improve the quality and efficiency of the real economy of financial services.
At present and for a period in the future, China's development environment is facing profound and complex changes, and the banking industry will base itself on the new development stage, comprehensively, accurately and completely implement the new development concept, continue to deepen reform and transformation, and give full play to the important role of finance in building a new development pattern of services.
In response to the constant changes in the internal and external environment, Xiao M compiled a bank statement, hoping to be beneficial.
01
"Platform Bank" by Liu Xingsai
Platform banking is the bank form of the platform society, which is mainly manifested as banks in platform services, banks in platform governance, and banks in platform competition. On the one hand, platform banks hidden in the platform scene and ecology will lose the traditional tangible characteristics, or the tangible characteristics will no longer be the mainstream; on the other hand, with the platform development of society, platform banking services will become ubiquitous. Relying on the platform data and the intelligent operation system within the platform bank, the platform bank will provide users (customers) with online and offline integration and integrated high-frequency services that are integrated with the scene, and compete with the bank outside the ecosystem and the bank within the ecosystem through the platform ecology, and the 45-45-10 rule of the platform society and the limited "winner-take-all" effect will reshape the fate of different banks in a subversive way.
02
Handbook of Operational Risk and Reputational Risk Measurement [Italian] by Aldo Soprano by Bert Crilad Fabio
Risk culture is the soft power of financial enterprises, especially operational risks and reputational risks, if not properly managed, these risk events will not only affect the market value of enterprises, but are more likely to cause serious consequences and limit the future growth space of enterprises. This book discusses how financial institutions can control operational risks and reputational risks in practice by introducing the risk assessment and risk mitigation processes adopted by risk managers of Credit Union Italy in response to the requirements of the Basel Accord. At the same time, combined with real risk and loss cases, the entire process of operating the risk control plan from scratch, from formulation to full implementation is brilliantly described, and a very practical method of assessing risk is proposed, which can be used as a desk tool for regulators, risk managers, quantitative risk analysts and banking practitioners.
03
"Blockchain Tower of Babel" [Austria] by Igor Peggyk translated by Wang Yong and Chen Qiuyu
The book focuses on blockchain technology and its innovation diffusion, application scenarios, competitive dynamics and management strategies, provides an authoritative explanation of blockchain technology, explains the misconceptions about it, and also explains the practical application of blockchain, how it affects traditional institutions and their future scenarios. Peggyk cleverly explains the logic and protocols behind blockchain and breaks down the barrier between the enthusiasm of pioneers and the anxieties of traditional practitioners, providing a sober, actionable how-to guide to applying this disruptive technology today. This book is worth reading for business leaders and aspiring leaders who want to master blockchain technology and its applications and understand the practical implications it may bring.
04
"The Transformation of Bank Branches in the Digital Era" by Gao Jun and Hu Qingneng
Created by financial + technology + management experts, the book provides insights, frameworks, feasible methods and action guides for the transformation of bank branches.
The author points out that the transformation of bank outlets in the digital era should start from three aspects: hard transformation, soft transformation and digital transformation, and use various emerging financial technology means and refined management methods to enhance the comprehensive competitiveness of bank outlets.
Managers at all levels of banks, bank operators, various investment institutions that study banks, institutions and suppliers that provide various products and services to banks, scholars from colleges and universities and scientific research institutions can all draw inspiration from this book.
05
"The Transformation of Commercial Banks in the Digital Era" by Zhang Chunzi and Zhang Xiaodong
After the global epidemic and the world economic shock, the economic environment, financial environment and market competition environment for the development of commercial banks will undergo major changes, and opportunities and challenges will coexist. This book proposes a strategic framework for the transformation and development of banks in the digital era, a roadmap for digital transformation, and strategies based on the digital transformation, international operation, group management, and systemic financial risk prevention of key bank businesses. It has important inspiration and practical reference value for commercial banks to formulate and implement new development strategies and win the battle of "digital transformation".
06
"Open Banking" by Liu Yong and Li Da
With the development of modern banking, the underlying technology of financial technology represented by artificial intelligence, big data, cloud computing, etc., has profoundly affected the internal structure and external environment of banks. The spread competitive advantage formed by commercial banks relying on institutional dividends for a long time has gradually weakened, and open banking will become an important direction for the strategic transformation of the banking industry in the era of financial technology.
This book closely follows the development trend of open banking, thoroughly analyzes the mainstream model of open banking today, and makes a detailed analysis and elaboration on the impact of the underlying technology of financial technology on open banking. The book appropriately integrates the new typical cases of open banking at home and abroad, and combines the current laws and regulations and regulatory policies to analyze the impact of open banking on the financial industry and the impact on future development prospects one by one, providing rich theoretical knowledge and practical cases for banks and financial technology related practitioners.
07
"The Road to The Future Bank" by Liu Xingsai
Future banks are intelligent and big data banks, online and offline integrated banks, banks in ecological cooperation and ecological competition, public service banks embedded in production and life platforms, banks that cultivate the spirit of scientific and technological innovation with internal entrepreneurial organizations, and banks that resolve the governance difficulties of the main branch with intelligent operation systems.
The future is already mapped in the picture of industry competition, but where is the realistic road to the bank of the future? This book analyzes the future picture of the development of China's banking industry and the future banking form under the background of the release of the dividends of the traditional bank development logic and the new development logic brought by the cross-border finance of the Internet giants.
08
The Disappearing Bank by James Hancock
A fintech storm of competition and technology is coming, adapting or being replaced? Bankers have to face a crisis choice. The full advent of the fintech era will end the era of traditional retail banking, and old-fashioned banks will no longer exist. At the same time, emerging fintech companies will not only embrace all the business of old-fashioned retail banks, but will also develop businesses that are simpler, more efficient and more responsive to the needs of customers in the new era, thus replacing old-fashioned retail banks. The book is a bold, timely analysis of the future of financial services. Its message to banking leaders is simple: either adapt or be prepared to be replaced.
09
"Bank Transformation 2025" by He Dayong, Tan Yan, Chen Benqiang, and Liu Yue
Looking at the world, how can the banking industry achieve rebalancing under the new normal? Focusing on China, how can the banking industry achieve transformation under the background of supply-side reform? BCG summarizes and refines the trends, opportunities and paths of China's banking industry transformation in the next decade, helping the banking industry to break through in transformation, and turning "crisis" into "opportunity" in the cold winter.
The Boston Consulting Group (BCG) conducted in-depth interviews with more than 100 experts from the regulatory, banking, pan-financial industry, Internet industry, universities, research institutions, media and BCG's 85 offices in 48 countries around the world, proposing the key words of China's banking industry in the next decade: "stock improvement, incremental innovation, capacity reshaping", with rich experience and condensed wisdom to help the banking industry open the door to success.
10
"The Origin of the Rich Country" by Wang Li
In the turbulent era, how can the banking industry return to its roots and find its original intention?
Through a comprehensive interpretation of Wells Fargo Bank, the benchmark of the global banking industry, the way of growth, the way of operation, the way of mergers and acquisitions, the way of transformation, the way of culture and the way of communication, this book provides reference for China's banking industry, and puts forward thoughts and directions for the development trend of the banking industry in the new era.
The materials, figures, and charts in the book are mainly derived from Wells Fargo's annual report and other official materials, which are more rigorous. At the same time, from the perspective of Chinese banking insiders, Wells Fargo is more suitable for the perspective of the domestic banking industry.
11
"Bill Revolution" by Zhang Lizhou
This book reviews the tortuous growth history of China's bill market in the past 40 years, vividly describes the violent fluctuations experienced by the bill market in recent years, deeply understands the macro background and internal logic of the reform of China's bill market, and depicts a new blueprint for the era of the bill exchange.
At the same time, based on the background of the major innovation and change of the Central Bank-led establishment of the Shanghai Bills Exchange, systematic analysis and reflection on how China's bill industry can carry out market restructuring, institutional transformation and ecological reengineering in the new era of the bills exchange, and how to use financial technology innovation and regulatory system reform to promote the development of the bill market, and explore the macro impact of the change of the bill market.
From the perspective of the historical process of the development of China's bill market, this is undoubtedly a "market revolution" with subversive characteristics.
12
Behavioral Finance of Private Banks [U.S.] Salsen Hens [U.S.] Kremmenna Buckman by Chunzi Zhang
Private banks aim to help high-net-worth customers achieve private wealth preservation and appreciation, and they need to understand the real needs of customers and avoid psychological difficulties when customers invest. Starting from theory and combining a large number of practical cases, this book expounds the current challenges faced by the development of private banking business and the impact of cultural differences on the global economy, and provides a large number of practical solutions, providing private banks with a working framework and practical tools for applying behavioral finance, guiding private banks how to assess their risk profile according to the different goals, attitudes, behaviors, etc. of different customers, and optimize asset allocation and investment decisions accordingly.
13
"Margin Financing and Investor Behavior" by Zhang Yunting
This book takes behavioral finance as the theoretical premise and analysis basis, and studies the behavior of individual investors in China's stock market in view of the specific institutional environment of margin trading. Trying to solve: Is the research conclusion of behavioral finance on investor behavior applicable to the "two financing" investors in China's stock market? What are the significant differences between "two finance" investors and ordinary investors in over-trading, disposal effects and investment performance? Is there also a significant difference between the behavior of investors engaged in margin trading and margin trading?
For individual investors, for exchanges, securities companies and listed companies, other entities in the capital market, and for government regulatory departments, there are different enlightenment significance and unique reference values.