International Operations/activity
The Commonwealth Bank's international presence includes:
- Retail banks in New Zealand (ASB Bank), Indonesia (PT Bank Commonwealth), and China (11% of Jinan City Commercial Bank and 19.9% of Hangzhou City Commercial Bank).
- Commonwealth Bank branches in London, New York, Tokyo, Singapore, Hong Kong and Auckland.
- Wholly owned life insurance operations in New Zealand (Sovereign)
- Joint venture life insurance businesses in Indonesia (Astra CMG); China (China Life CMG) and Vietnam (Bao Minh CMG)
- First State funds management business in Hong Kong, Singapore, London, Fiji, China and Indonesia
- Representative offices in Beijing, Shanghai, Hanoi and Bangalore.
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Famous quotes containing the words operations and/or activity:
“You can’t have operations without screams. Pain and the knife—they’re inseparable.”
—Jean Scott Rogers. Robert Day. Mr. Blount (Frank Pettingell)
“History does nothing; it does not possess immense riches, it does not fight battles. It is men, real, living, who do all this.... It is not “history” which uses men as a means of achieving—as if it were an individual person—its own ends. History is nothing but the activity of men in pursuit of their ends.”
—Karl Marx (1818–1883)