German banks to pay 1.9 billion euro a year for resolution fund: paper

(Reuters) - German banks will pay about 1.9 billion euros a year into a new European bank restructuring fund, more than three times the amount they cough up currently, with large banks footing the bulk of the bill, according to a newspaper report on Monday.

Norway Fund Joins Axa to Target Large Europe Property Loans

The manager of Norway’s sovereign-wealth fund, the world’s largest, formed a venture with Axa Real Estate Investment Managers to provide European commercial real estate debt as borrowers seek to refinance maturing loans.