Liu, He; Bai, Yun; Huang, Zhiguang; Qiao, Han; Wang, … - In: Financial innovation : FIN 9 (2023) 1, pp. 1-23
This paper investigates optimal decisions for private banking development in China under two innovative organizational structures-the big retail mode (BRM) and the independent development mode (IDM). Under the BRM, the retail and private banking divisions form a cooperative relationship wherein...
