European stocks close: FTSE 5,174 +44.63 +0.87%, CAC 2,895 +40.12 +1.41%, DAX 5,166 +94.03 +1.85%.
European stocks rose for the first time in three days, with the benchmark Stoxx Europe 600 Index rebounding from a two-year low, as banking shares advanced.
Today national benchmark indexes rose in every western-European market except Greece, Iceland and Norway.
Societe Generale SA and Deutsche Bank AG jumped more than 8 percent. Chief Executive Officer os Societe Generale said that the bank has sufficient capital and liquidity, and that its balance sheet is solid.
Deutsche Boerse AG jumped 3 percent after news that NYSE Euronext and Deutsche Boerse plan to make about 200 million euros, or half of the proposed cost cuts from their combination.