Markets Stabilize as Ukraine Crisis Fades

March 26, 2014

European bourses rose gently in morning trading on Wednesday, as concern over the crisis in Crimea began to fade, while hopes rose in the Eurozone of further European Central Bank easing. The U.K. government's near-$7billion sale of over 7% of Lloyds Banking Group weighed on the banking sector, but insurers rose on some canny fund management and pension management deals.