Notice of RetractionSpillover Mechanism of Multi-Banks´ Regional Headquarters in the Development of Financial Centers

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

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Multi-Banks´ Regional Headquarters is a kind of regional organization which is known from Regional Offices, Local Offices, Branches and Subsidiaries, and Regional Center. So it is different each other between their spillover mechanism to financial centers. What Multi-Banks´ Regional Headquarters improve the development of financial centers is very complex system which includes macro-subsystem and micro-subsystem. Macro-subsystem promotes the development of financial centers from financial market and human resource; Micro-subsystem forms spillovers to the financial centers from financial product innovation, organization innovation and management innovation. The complex spillover mechanism proposes some different questions to governments, banks and academia.