Shares in European banks surged on Monday, with Deutsche Bank jumping more than five percent after sinking last week on persistent concerns about the health of the financial system.
Deutsche Bank, whose shares sank by 8.5 percent on Friday, was up 5.25 percent in early deals while fellow German lender Commerzbank gained 3.5 percent, France’s BNP Paribas rose 2.9 percent and Spain’s Madrid Banco de Sabadell added 3.5 percent.
AFP
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