Oct. 27 (Bloomberg) -- European bank stocks rose, led by Societe Generale SA and Natixis, after policy makers persuaded bondholders to take 50 percent losses on Greek debt and boosted the firepower of the region’s rescue fund.

The Bloomberg Europe Banks and Financial Services Index rose 0.2 percent by 8:03 a.m. in London. Societe Generale rose 13 percent to 21.14 euros in Paris and Natixis was up 7.6 percent at 2.47 euros.

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