Abstract:
Modern international banking industry presents seven big trends: slackening the control over banking; internationalizing bank management; electronizing banking operations; merging and centralizing banking industries; realizing all-purpose banking; marking fiancial innovation and reinforcing the supervision and international coordination of banking business. Each trend gives both positive and negative impact on international banking and global financial industry. We need to understand what will happen if our banks merge into the international banking industry. Obviously, this paper can provide some clues for our bankers and Monetary Authority.