Commonwealth Bank of Australia (CBA)
CBA is Australia’s second oldest and largest bank with operations spanning Australia, New Zealand and Asia. Its core business is the provision of retail, business and institutional banking services. It is also a major fund manager and the second largest life insurer in Australia. CBA operates the largest financial services distribution network in the country. The strategy which has been stable and successful, emphasises a well-managed, diversified business model, strong balance sheet, stable financial platform and conservative underwriting. Its operating segments include retail banking services, Business and Private Banking, Institutional Banking and Markets, Wealth Management, New Zealand, Bankwest and other.