pre_text: management 2019s discussion and analysis institutional client services our institutional client services segment is comprised of : fixed income , currency and commodities client execution . includes client execution activities related to making markets in interest rate products , credit products , mortgages , currencies and commodities . 2030 interest rate products . government bonds , money market instruments such as commercial paper , treasury bills , repurchase agreements and other highly liquid securities and instruments , as well as interest rate swaps , options and other derivatives . 2030 credit products . investment-grade corporate securities , high-yield securities , credit derivatives , bank and bridge loans , municipal securities , emerging market and distressed debt , and trade claims . 2030 mortgages . commercial mortgage-related securities , loans and derivatives , residential mortgage-related securities , loans and derivatives ( including u.s . government agency-issued collateralized mortgage obligations , other prime , subprime and alt-a securities and loans ) , and other asset-backed securities , loans and derivatives . 2030 currencies . most currencies , including growth-market currencies . 2030 commodities . crude oil and petroleum products , natural gas , base , precious and other metals , electricity , coal , agricultural and other commodity products . equities . includes client execution activities related to making markets in equity products and commissions and fees from executing and clearing institutional client transactions on major stock , options and futures exchanges worldwide , as well as otc transactions . equities also includes our securities services business , which provides financing , securities lending and other prime brokerage services to institutional clients , including hedge funds , mutual funds , pension funds and foundations , and generates revenues primarily in the form of interest rate spreads or fees . the table below presents the operating results of our institutional client services segment. .
post_text: 1 . net revenues related to the americas reinsurance business were $ 317 million for 2013 and $ 1.08 billion for 2012 . in april 2013 , we completed the sale of a majority stake in our americas reinsurance business and no longer consolidate this business . 42 goldman sachs 2014 annual report .
table: Year Ended December
table: <i>$ in millions</i> 2014 2013 2012
table: Fixed Income, Currency and Commodities Client Execution $ 8,461 $ 8,651 $ 9,914
table: Equities client execution<sup>1</sup> 2,079 2,594 3,171
table: Commissions and fees 3,153 3,103 3,053
table: Securities services 1,504 1,373 1,986
table: Total Equities 6,736 7,070 8,210
table: Total net revenues 15,197 15,721 18,124
table: Operating expenses 10,880 11,792 12,490
table: Pre-tax earnings $ 4,317 $ 3,929 $ 5,634
question: Analyse this data from a financial earnings document. what was the percentage change in pre-tax earnings for the institutional client services segment between 2013 and 2014?