London stocks rose in early trade on Friday, tracking gains on Wall Street after a group of US banks stepped in to help First Republic Bank.
At 0820 GMT, the FTSE 100 was up 0.8% at 7,470.68.
On Thursday, 11 US lenders deposited $30bn with First Republic Bank in a show of support.
The banks involved are Bank of America, Citigroup, JPMorgan Chase, Wells Fargo, Goldman Sachs, Morgan Stanley, BNY Mellon, PNC Bank, State Street, Truist and US Bank.
Jarvis Investment Management Ltd offers a wide range of stockbroking and administration services and solutions. Their parent company, Jarvis Securities plc (LON:JIM) is listed on AIM.