European shares rise as investors cheer Credit Suisse securing lifeline, ECB in focus

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European shares rise as investors cheer Credit Suisse securing lifeline, ECB in focus
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BRUSSELS, March 16 — European shares rose today, as beleaguered lender Credit Suisse rallied after a lifeline from the Swiss National Bank allayed some fears of a global banking...

BRUSSELS, March 16 — European shares rose today, as beleaguered lender Credit Suisse rallied after a lifeline from the Swiss National Bank allayed some fears of a global banking crisis, although caution prevailed ahead of a European Central Bank rate decision.

The banks sector index added 2.3 per cent in early trading, after logging its steepest one-day drop in more than a year in the previous session.

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