The private bank boom since the introduction of financial "National Ten" in 2013 has been gradually backed to the earth. ANBOUND think tank scholars noticed that the trend of private banks' development is obviously “starting with high profile but operating slowly”. In fact, some of the private banks, which have approved by the authority, lack competitive advantages and can hardly survive in the market with intensive competition. Only the private banks that have a head start by technological innovation and gain shareholders’ supports and resources can laugh last.