论文部分内容阅读
经历了2008年的金融危机,近两年来结构性产品在设计层面更注重风险控制,保本机制明显增加,尤其是外资银行,近两年来结构性产品出现了“保本化”趋势。2013年以来,受宽松资金环境影响,银行理财产品收益率一直处于下行通道,直到6月末银行间市场的“钱荒”才使得银行理财产品的收益率出现一波反弹行情。另外,监管层出台的“8号文”对银行理财产品进行清理整顿,也进一步压缩了部分产品的收益空间。随着银行理财产品整体收益中枢的下移,中资银行逐渐开始加大结构性产品的发
Experienced the financial crisis in 2008, the structural products in the past two years pay more attention to risk control at the design level, and the capital preservation mechanism has obviously increased. Especially for foreign-funded banks, the structural products in the past two years have seen the trend of “capital preservation.” Since 2013, under the influence of a loose capital environment, the yield of bank financial products has been on a downward spiral until the “money shortage” in the inter-bank market at the end of June has caused a wave of rally in the yield of bank financial products. In addition, the supervisory issued “No. 8 article ” on the bank financial products to clean up and rectify, but also further reduce the revenue space of some products. As the overall revenue hub of wealth management products of banks declines, Chinese banks are gradually starting to increase the output of structured products