* Banks rise, aided by gains in U.S. financials

* Oils gain despite weaker crude prices

* Porsche gains on Qatar bid report

* For up-to-the-minute market news, click on [STXNEWS/EU]

By Dominic Lau

LONDON, July 13 (Reuters) - European shares rallied on Monday, recouping some of last week's steep losses, as banks tracked advances in U.S. financials while oil stocks were also in demand despite weak crude prices.

The FTSEurofirst 300 index of top European shares closed up 2 percent at 830.19 points, after touching 805.93 earlier in the session -- its lowest since late April.

Volumes on the FTSEurofirst 300 were about 70 percent of the 90-day daily average.