Commonwealth Bank of Australia is a provider of financial services, including retail, business and institutional banking, superannuation, life insurance, funds management, broking services and finance company activities. It operates in seven segments: Retail Banking Services, Business and Private Banking, Institutional Banking and Markets, Wealth Management, International Financial Services, Bankwest and Other. Retail Banking Services provides retail banking services within Australia. Business and Private Banking offers commercial products within Australia. Institutional Banking and Markets provides a range of resources to assist clients to grow and manage their business. Wealth Management conducts Australian funds management business. International Financial Services has banking operations. Bankwest operates within Australia under the Bankwest brand. On December 19, 2008, it acquired Bank of Western Australia Ltd, St Andrew's Australia Pty Ltd and HBOSA Group (Services) Pty Ltd.