Westpac Banking (formerly known as Bank of New South Wales) is a bank and financial services provider. It operates through four segments: Consumer, Business & Wealth, Westpac Institutional Bank (WIB), and Westpac New Zealand. The Consumer segment focuses on home loans, credit cards, personal loans, and deposit products. The Business & Wealth segment offers solutions such as working capital finance, merchant services, trade finance, and industry-specific banking expertise. The WIB segment specializes in structured lending, project financing, capital raising, risk management, etc. The Westpac New Zealand segment provides banking and wealth services to consumer, business, and institutional customers.