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Business View Australia - August 2015 21

R & FINANCE

In 2014, the group operated the

following divisions:

Australian Banking offers

a

range of banking products and

services to retail and business

customers, ranging from small

and medium enterprises through

to Australia’s largest institutions.

Australian Banking comprises the

personal and business banking

franchises, fixed income, currencies

and commodities (FICC), specialized

finance, debt markets, asset

servicing and treasury;

NAB

Wealth

provides

superannuation,

investments

and insurance solutions to retail,

corporate and institutional clients.

NAB Wealth operates one of the

largest networks of financial advisers

in Australia;

NZ Banking

comprises the retail,

business, agri-business, corporate

and insurance franchises in New

Zealand, operating under the Bank

of New Zealand (BNZ) brand. It

excludes BNZ’s markets operations;

and