Lloyds Banking Group, RBS, HSBC and Barclays shares rise on FTSE 100 following Greek news

Yesterday Europe’s finance ministers said that Greece would receive support should it prove necessary, while rating agency S&P said it would not be hitting the Mediterranean nation with a downgrade.

In other positive news for banks, the US Federal Reserve said it would be holding interest rates.

By 11:08 shares in RBS were up 0.97 per cent to 43.70 pence per share, Lloyds Banking Group shares rose 0.87 per cent to 57.98 pence per share, Barclays shares increased 0.95 per cent to 360.95 pence per share, while HSBC shares were up 0.48 per cent to 686.75 pence per share.