FTSE rebounds, banks cheer Cyprus bailout

Britain's FTSE 100 rebounded on Monday, bolstered by a last-minute bailout deal for Cyprus which helped restore confidence in the European banking sector. Cyprus secured the 10 billion euro ($13.00 billion) rescue

European stocks seen rising on Cyprus deal

Financial spreadbetters expect Europe's main stock indexes to rally on Monday after Cyprus reached a deal with international lenders for a 10 bln euro bailout and a further 5.8 bln bail-in programme