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Banks were welcomed on European equity markets on Tuesday, helping most of the region’s indices.
French banks were among the best financial sectors performers. Crédit Agricole has lost more than 15% in the past 10 weeks and was up 1.7% on Tuesday after being upgraded to “buy” from “neutral” by Nomura.
Deutsche Bank gained 1.3%, while Société Générale gained 1.2%. Dutch financial services group ING climbed 2.3%.
Overall, the FTSE Eurofirst 300 index was up 0.4% to 1,109.29.
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