The UK's biggest banks have regained ground today after Monday's sharp falls, with Barclays leading the FTSE 100 leaderboard.
Barclays was up 4.5% at 10:15, a rise of 9.3p to reach 217p.
Lloyds Banking Group was the second biggest riser among the FTSE 100 stocks, up 1.8p to 43p, while Royal Bank of Scotland also rose, by 2.8% to 33.9p.
More than £5bn was wiped of the value of the three banks in yesterday's turmoil.
The FTSE 100 was up 37 points by 10:20, to 5,790.
Fears over eurozone debt appeared to recede slightly this morning, with yields on Italian debt dropping back from the highs of 6% seen yesterday.
The yield on 10-year bonds stood at 5.75% at 10:25.
Lee McDarby of Investec Corporate Treasury said:
The markets remain juxtaposed between the rock of European sovereign debt woes and the hard place of US credit fears. EUR/USD and GBP/USD remain above the 1.40 and 1.60 levels respectively as the dollar stubbornly refuses to take advantage of the contagion fears which are rapidly spreading around Europe.
In the absence of affirmative action towards the Greenback the real beneficiaries have been the usual post-credit crunch safe haven suspects of the Swiss Franc and Gold, both of which printed fresh all-time highs.
