Banking gains, led by Deutsche Bank and HSBC, pushed Europe's stock markets slightly on Monday, but shares of the airlines fell after a German profit alert from Lufthansa cushioned gains.
Deutsche Bank rose 2.9 percent after the Financial Times reported that the bank plans to create a bank for bad assets to hold or sell assets worth up to 50 billion euros.
Shares of Standard Chartered and HSBC, which are concentrated in Asia, rose about 1 percent each, tracking gains from Asian markets after Hong Kong's Carrie Lam suspended the extradition law to China after the protests . Week.
The European Stokes 600 index rose 0.06% to 0712 GMT, and bank stocks rose 0.7%.
Lufthansa fell 11.5% after the group reduced its earnings forecast to 2019, citing the preferential prices of rival low-cost airlines in Europe.