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Fee and commissions expenses

Fee and commissions expenses and expenses from financial service activities
(€ million) 31.12.2011 31.12.2010
Fee and commission expenses from banking activity 191.7 203.8
Fee and commission expenses from asset management activity 153.7 127.5
Fee and commission expenses related to investment contracts 125.6 113.7
Fee and commission expenses related to pension funds management­ 9.8 10.9
Total 480.9 455.9