In the Commerzbank profile on page 43 of the September issue, we would like to clarify the following points:

1. The phrase "has had some success creating investment funds" means the firm is creating structured products on investment funds, and funds in general.

2. The phrase "with a presence in Hong Kong, Korea, Singapore and Taiwan" means CBCM covers these markets in structured products, selling them out of Hong Kong.

3. The phrase "CBCM closed Tokyo in the wake of the financial crises" should

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