Pan-European Stoxx 600 index closes up 0.6% but was below session highs
Standard Chartered Group
Banks and commodities stocks fall sharply
Rising interest rates worldwide to lift income, bank says
Travel and banking shares among the fallers as European markets decline
Goldman Sachs among those making the move
Rapid spread of Omicron Covid variant also dents sentiment
Iseq All-Share Index rises 0.9% to 8,444.96 to reach highest level in more than six weeks
Central banks in Frankfurt and US committed to ending stimulus