In the first part, based on the clue of financial laws, the thesis reviews the historic development of America financial industry beginning from 1933,After the operation model and supervision model are studied, the positive analysis on the reasons why the supervision authority carried out the strict separated operation policy is made, the result of which shows that it was necessary to adopt the separated operation in that year, but there existed the excessive reaction to the financial crisis.
Chapter 2: The universe finance in the world: practice andexperienceStarting from the financial industry development in America, thechapter put the emphasis on the financial services holding company fromits appearance to across-the-America and gave the City corporation asexample.
Assets securations as a financial innovation ,which began in the United States in 1970s, not only greatly change USA's financial system but also blossom around the world swiftly. Due to this international assets securation trend ,a serious study on the obstacle of assets securations in China should be made and relative countermeasures be taken to make this financial innovation burgeoning.