Monday, July 16, 2007

European stocks inch higher, banks in focus

(Reuters) - European shares rose in early trade on Monday, climbing for a third consecutive session, with banks among biggest gainers after a group led by Royal Bank of Scotland revised its offer for Dutch bank ABN AMRO.

ABN gained 3.4 percent, while Barclays, which has also made an offer for the Dutch financial group, rose 2.1 percent.


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