译文（字数 3270）：

互联网货币基金对商业银行经营的影响

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

    作者：巴塞尔

    本文运用了商业银行经营管理理论和资本资产定价模型，分析了互联网货币基金的金融产品属性、特点和优势，并分别就互联网货币基金的第三方支付功能和代销基金功能影响商业银行的经营情况和效果进行了定性分析。在此基础上，本文对互联网货币基金影响银行绩效又进行了定量研究。上述研究表明：互联网货币基金不仅对商业银行同类型的理财产品造成了冲击，还对商业银行的支付业务、存款业务、中间业务产生了替代效应，进而影响到银行的经营绩效。

外文原文（字符数 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.