STOCKS NEWS EUROPE-Stocks rise early as banks rebound

European shares rise in early trade as banks recover from concerns over tougher capital regulations and London Stock Exchange gains on acquiring a rival trading platform.

By 0810 GMT, the FTSEurorfirst 300 .FTEU3 index of top European shares is up 0.5 percent at 1,018.35 points, after losing 0.5 percent in the previous session.

London Stock Exchange (LSE.L) adds 1.1 percent after it agrees to take a 60 percent stake in loss-making trading platform rival Turquoise and will merge it with its own "dark pool" platform, Baikal, to create a new pan-European venture.

Banks also climb, with HSBC (HSBA.L), Barclays (BARC.L) and Credit Agricole (CAGR.PA) up 0.9-1.5 percent.

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