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Research on Risks of Chinese Commercial Banks'Independent Innovation
International Journal of Business and Management
Since the 90s in last century, financial innovation tends to be different under the condition of loose regulation and the revolutionary progress of information technology. The competition in the finance industry becomes severe and financial institutions lay more stresses on innovations, not only concerning the product innovation but also the services. However, risks come. The bankruptcy of many American financial institutions in last year deserves more attentions from China's commercial banksdoi:10.5539/ijbm.v4n8p170 fatcat:mqvoittikbfbxpp7lzfx7znurq