Private banking originated in Europe, through several hundred years of development, has become the tip of the Pyramid financial services business. Along with the recent years Chinese citizens of rapid economic growth, ranking civilian wealth increasingly accumulated, a large number of wealthy have mushroomed in agile processes, the rich people of personal assets specialization set equipment demand is becoming more and more prosperous. Facing this historic opportunity, foreign banks and the local banks are involved in the private banking business hope to share the wealth of the feast. X Bank of China International launched earlier one of the private banking business of the bank, through nearly six years of growth, the X Bank of China private banking conscience stones to cross the river, out of a way to have the characteristic of, its private banking customers number and governance of total assets in the person of the same trade is second to none. But up to now, X Bank of China private banking Eph into prevent met a series of achievements and bottleneck, how to deal with these challenges, the private banking business in the late achievement basically, is improved ceaselessly, complete break, not only to x Bank of China and of China's private banking market have important significance. This paper introduces the definition of private banking, private banking wealth management refers to the service trade bank personal high net worth clients supply, it needs oriented, professional, comprehensive, strong privacy and other characteristics, and then summarizes the scholars about this business into the actual research, focuses on the analysis of the X bank Chinese private banking business in X bank, Chinese private bank was established in March 2008, the current interbank market share is relatively large, the customer response is superior, but also facing a lot of achievements and performance bottleneck, and the bottleneck facing down X China bank and discuss our country commercial bank private banking business development, including the organization of ownership is not clear, the lack of talent, product innovation and risk supervision conflicts, and establish independent private banking institutions, the introduction of professional talent at the same time creating external force to employees. Continue to promote product innovation and diversification of the measures proposed. In this paper, the important ideas and conclusions are as follows: 1, the private banking business in Chinese homeopathy and health, great market space, opportunities and challenges coexist. 2, private banks in Switzerland and the United States to grow mature, each constitute the unique style and China's private banking business can own foreign advanced experience, such as stable operation, attach importance to privacy, provide one-stop services, but due to the differences of national conditions and policy restrictions, and Eph into copy, worked out with the developing way of Chinese characteristics. 3, X Bank of China private banking business in the international interbank market accounted for relatively large, gratifying achievements have been made, are also facing a lot of problems, such as organizational structure, product of a single, the lack of customer segmentation, work can be improved. 4, X Bank of China private banking business in order to break through the bottleneck, to make China's first private bank brand, need from the top clear mechanism, established the independent private banking franchise organizations, enhance private banking services team of customer development and customer in order to protect, customer segmentation and emphasis on demand, enhance product innovation, raised assets set furnishings and equipment can be. This paper while access to a certain amount of research results, but due to the data bank of the secret and the case of single and other reasons, there are still a lot of places where the lack of. The future from the aspects of customer needs and product development, deep research China business growth strategy of private banks.