Derivatives and funds power Crédit Agricole

A doubling of equity derivatives sales coupled with record new asset management business helped boost profits at French banking group Crédit Agricole by a third last year to €6.3bn ($7.5bn).

Revenues at the French bank were €25.9bn for 2005, up 7.1% from 2004.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire