What does the financial troika mean?

Banking, securities and insurance are the "troika" of the financial industry. Although they are all carriages, people's understanding of these three things is very different.

When it comes to banks, people will think that banks are places to deposit money, withdraw money and remit money. When it comes to securities, you can think of the stock price that fluctuates up and down every day. If it goes up, it means making money, and if it goes down, it means losing money.

But about insurance, everyone has their own different views. With the financial reform and the development of mutual funds, it is deeply felt that traditional banks (except inter-bank business) will be the weakest trend in many financial industries (funds, securities, asset management, PE, etc.). ).

The content of this article comes from: China Law Publishing House "General Knowledge Series of Legal Life"