Cominvest sees profits soar

Cominvest, the asset management arm of Germany's Commerzbank, has seen its pre-tax profits rocket from just €5m ($6m) in 2003 to €108m last year.

Net commission income for asset management in the year to December 31 2004 stood at €449m, up from €436m a year ago.

WSJ Logo
Bill Ackman’s Pro-Tennis Debut Lasted 67 MinutesExternal link

Bill Ackman’s Pro-Tennis Debut Lasted 67 Minutes