Commonwealth Bank of Australia provides banking and financial services. It offers banking and financial products and services to retail, small business, corporate and institutional clients. The company operates through the following segments: Retail Banking Services, Business & Private Banking, Institutional Banking & Markets, Wealth Management, New Zealand, Bankwest and International Financial Services & Other. The Retail Banking Services segment provides home loan, consumer finance and retail deposit products and servicing to all retail bank customers and non-relationship managed small business customers. In addition, it also engages in the distribution of wealth management products through the retail distribution network. The Business & Private Banking segment provides specialized banking services to relationship managed business and agribusiness customers, private banking to high net worth individuals, and margin lending and trading through CommSec. The Institutional Banking & Markets segment serves the company's major corporate, institutional and government clients using a relationship management model based on industry expertise and insights. Its offerings include debt raising, financial and commodities price risk management and transactional banking capabilities. The Wealth Management segment includes the global asset management, platform administration and financial advice and life and general insurance businesses of the Australian operations. The New Zealand segment includes banking and global markets, funds management and insurance businesses operating in New Zealand. The Bankwest segment is active in all domestic market segments, with lending diversified between the business, rural, housing and personal markets, including a full range of deposit products. The International Financial Services & Other segment incorporates the Asian retail and business banking operations; investments in Chinese and Vietnamese banks; the joint venture Chinese life insurance business; the life insurance operations in Indonesia; and a financial services technology business in South Africa. This segment also includes corporate center which includes support functions such as investor relations, group marketing and strategy, group governance and group treasury. Commonwealth Bank of Australia was founded in 1911 and is headquartered in Sydney, Australia.