譯文（字數 3270）：

互聯網貨幣基金對商業銀行經營的影響

    出處：Bansal P. The Influence of Internet Currency fund to Commercial Banks Business [J]. Strategic management journal, 2014，26(3): 197-218.

    作者：巴塞爾

    本文運用了商業銀行經營管理理論和資本資產定價模型，分析了互聯網貨幣基金的金融產品屬性、特點和優勢，并分別就互聯網貨幣基金的第三方支付功能和代銷基金功能影響商業銀行的經營情況和效果進行了定性分析。在此基礎上，本文對互聯網貨幣基金影響銀行績效又進行了定量研究。上述研究表明：互聯網貨幣基金不僅對商業銀行同類型的理財產品造成了沖擊，還對商業銀行的支付業務、存款業務、中間業務產生了替代效應，進而影響到銀行的經營績效。

外文原文（字符數 9464）：

The Influence of Internet Currency fund to Commercial Banks Busine

    Material Source:Bansal P. The Influence of Internet Currency fund to Commercial Banks  Business [J]. Strategic management journal, 2014，26(3): 197-218.

    Author:Basel

    This paper uses the capital asset pricing model to research the influence of the commercial bank management theory ,analyzes the Internet financial product properties, characteristics and advantages of monetary fund, and the third party payment of Internet currency fund respectively and consignment fund functions affect the operating condition and effect of commercial bank has carried on the qualitative analysis. On this basis, this article on the Internet affect bank monetary fund performance and conducted a quantitative research. The study shows that Internet money funds of commercial Banks not only the impact on the same type of products, also pay business of commercial Banks, savings business, intermediate business has a substitution effect, which affect the operating performance of the bank.