Businessweek

National Australia Bank Limited provides financial products and services. The company’s main activities include banking services, credit and access card facilities, leasing, housing and general finance, international banking, investment banking, wealth management, funds management, life insurance, and custodian, trustee and nominee services. Segments The company’s business is organized into four segments, three of which are managed along regional lines: Australia region, the United Kingdom region, and New Zealand region, which include banking and wealth management products; as well as nabCapital. The company’s Australian life insurance operations consist of investment-linked business and non-investment-linked business. The overseas life insurance operations of the company consist primarily of non-investment-linked business. Its life investment contracts include investment-linked contracts where policyholders’ investments are held within the statutory funds and policyholders’ returns are directly linked to the investment performance of the assets in that fund. The company’s investment-linked business includes superannuation and allocated pension business. The company’s non-investment-linked business includes traditional whole of life and endowment policies and risk policies, such as death, disability, and income insurance. nabCapital is a global division, with lines of business comprising Institutional Banking, Corporate Finance, Markets and Treasury, and Structuring and Investments. It operates in three regions of Australia (which incorporates the smaller businesses in the Americas and Asia), New Zealand, and the United Kingdom. History National Australia Bank Limited was founded in 1834.