The combination of the three: the myth of the financial holding company is really so good? The sina finance leaders column (WeChat public kopleader) columnist   Chen Guanglei; in twenty-first Century, many large enterprises in the domestic regulators allow and support have been involved in the financial industry, and the name of "combination in various segments of the financial expansion. However, the combination of real estate so beautiful? Entered in twenty-first Century, many large domestic enterprise groups in the regulatory authorities have been allowed to support and support the financial industry, and in the name of financial integration in the field of financial expansion. However, the combination of real estate so beautiful? Does this enthusiasm for the financial industry really promote the development of enterprises and even the macro economy? The purpose of this series is to provide some useful exploration through the combination of domestic and international production and financing. The origin and development of financial holding company and its origin and development are closely related to the change of the company law and financial supervision system. (a) from a single bank to Banking Holding Company 1929-1933 the great economic crisis in the United States was widely regarded as the commercial bank’s excessive investment banking business. In 1933, the United States by the financial industry to curb the excessive competition, prohibit the commercial banks, securities and insurance business in order to save the banking system and the stability of capital market "Glass – Steagall act" (Glass-Steagal Act of 1933, also known as the banking act of 1933). The financial system of separate operation and separate supervision has been strengthened by the Securities Exchange Act of 1934, the investment company law and the Williams act of 1968, and has affected the developed countries such as Britain and japan. In 70s, the United States economy "stagflation", comprehensive international relative decline. In the financial sector, from financial innovation "disintermediation" phenomenon, such as mutual funds and assets securitization. This has forced the United States government has passed the "1927 Mcfadden proposed" (The McFadden-Pepper Act) act and "Banking Holding Company act" (Bank Holding Company Act) and a series of amendments to the law, continue to relax on the operation of commercial banks and the scope of geographical restrictions, especially as many Banking Holding Company financial holding company form, but for non the company’s acquisition of bank business only fed provisions in favor of "public interest" and "closely related to banking" business, such as trust, leasing, securities brokerage, insurance agency and management consulting, and segmentation from the law. This strongly promotes the development of Banking Holding Company. As of June 1997, the Banking Holding Company of commercial banks accounted for the total number of 77.2%[holding company (holding company) is originated in the United States and in the special organization continue to carry forward, and the end of nineteenth Century and early twentieth Century antitrust law and its practice are closely related. ]. (two) from Bank Holdings)相关的主题文章: