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Spanish bank stocks gained in the wake of the ECB's arranged rescue of Banco Popular by Banco Santander Wednesday as investors bet that a consolidation could improve sector profitability.
European stocks slipped Monday as investors digested the latest terror attack in the U.K., continued concern over Spanish banks and a series of poorer-than-expected economic bulletins.
Concerns on Spain's banks resurface.
The outcome of the final televised debate between the two French presidential candidates set markets up for a positive start while corporate earnings did the rest
The two failed lenders will be pushed together as part of an effort by Spanish authorities to recover bailout funds
Unilever's strategic review, solid results from Lloyds and ThyssenKrupp's asset sale boosted markets
Rating agency S&P upgraded the ratings and outlooks of a bunch of Spanish banks.
Spain's biggest lender beat analysts' forecasts after a strong performance in Brazil offset a decline in U.K. earnings.
Better than expected economic data helps push Spain's IBEX and London's FTSE 250 higher, but many other indices close in the red.
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