Financial and economic groups are generally state-owned companies under the financial department.
2. Whether a financial holding company belongs to a financial institution.
For financial holding companies, two classification methods can be adopted: one is to divide financial holding companies into two categories according to the industry attributes of the parent company; the other is that the holding companies are financial enterprises, such as Credit Suisse Group, Citigroup and Chase Group in the United States, and CITIC Company in China. China's wholly state-owned banks are also transforming into such financial holding companies, or rather, bank holding companies. The other is that the holding company is a non-financial enterprise. Such financial holding companies include HSBC Group in Britain and Everbright Group in China. Secondly, according to the way and motivation of parent company's holding, financial holding companies can be divided into two categories: one is pure holding company; The purpose of establishing a pure holding company is only to master the shares of subsidiaries and engage in equity investment income activities. The other is to operate a holding company; Operating holding company refers to the parent company that is engaged in both equity control and actual business operation. In western countries, financial holding companies generally refer to such operating holding companies or mixed holding companies. In Europe, financial holding (group) companies are generally mixedfinanccialconglomerates, that is, the parent company is engaged in other non-financial businesses, such as industry, commerce, trade, construction, transportation and real estate. In addition, there are a certain range of financial businesses, such as financial groups in Britain and Germany.
Third, what is a finance company? Is it a non-bank financial institution supervised by CBRC? Why?
Finance companies are financial institutions that operate part of the banking business. Most of its business scope is to provide loans and mortgage loans in the form of installment payment for the purchase of durable consumer goods. At present, financial companies in western countries also operate foreign exchange, joint loans, underwriting securities, finance and investment consulting services. The main source of funds for finance companies is interbank borrowing funds. From the source, finance companies are established within enterprise groups to provide customers with installment loans for fund settlement and purchase of a large number of products. Later, with the development of business, the scope of business and clients gradually increased, belonging to non-bank financial institutions and under the jurisdiction of the CBRC.
4. Whether a financial holding company belongs to a financial institution.
The financial nature of the company's business.
From the perspective of financial holding companies, there are financial institutions and non-financial institutions.
According to the classification standard of China financial institutions in 20 10 Code of Financial Institutions, financial institutions are defined as follows: 1. Monetary authority:1; China People's Bank Supervisory Authority:1; China Banking Regulatory Commission; 2. China Securities Regulatory Commission; 3. China Insurance Regulatory Commission. Three. Bank deposit financial institution: 1, bank (including the Associated Press); 3. Rural credit cooperatives (including cooperatives); 4. Agricultural companies. 4. Banking non-deposit financial asset management companies; 3. Financial leasing companies; 4. Auto financing companies; 5. Loan companies; 6. Money brokerage company. V. Securities financial institutions: 1. Securities fund management companies; 3. Futures companies; 4. Investment consulting company. Intransitive verb Insurance financial institution: 1. Property insurance company; 2, individuals 4, insurance asset management company management company; 7. Insurance loss assessment company; 8. Enterprise annuity. 7. Financial institution for transaction settlement: 1. Exchange; 2. Registration and settlement institutions. 8. Financial holding company; 2. Other financial holding companies. 9. Emerging financial enterprises: 1. Company; 2. Third-party wealth management companies; 3. Comprehensive management