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European markets rise as bank stocks gain

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European markets rise as bank stocks gain via IrishTimesBiz

The domestically-focused FTSE 250 also added 1.3 per cent, withMeanwhile, Bank of England data showed the volume of mortgages approved by British lenders picked up in February by more than expected, adding to signs that the downturn in the housing market may be levelling off. British real estate stocks rose 2.4 per cent, posting their best one-day performance in two months.slumped 4.

3 per cent after the fashion retailer said that higher costs for wages and energy were still expected to reduce its profit this year, even as it reported higher annual profit.gained 3.7 per cent after the Swiss bank announced that Sergio Ermotti will return to take the helm to steer the bank’s takeover of Credit Suisse.

 

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