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March 27 (Reuters) - European stocks climbed on Monday, as a sense of calm returned to markets following a week of turbulence over concerns about banking sector stability after the collapse of Credit Suisse and two U.S.

Concordia Financial Group Ltd was Nikkei's worst-performing financial stock, losing 1.68%. Chiba Bank Ltd lost 1.2% and Shizuoka Financial Group Inc declined 1.06%. Sumitomo Mitsui Financial Group Inc fell 1.01%.

March 27 (Reuters) - European stocks rallied in early deals on Monday, as calm descended on markets following a turbulent week for banking shares that was fuelled by worries about stability in the sector after the collapse of Credit Suisse and Silicon Valley Bank.

WARSAW, March 27 (Reuters) - Russian and Belarusian athletes should be banned from the 2024 Olympics in Paris unless Moscow pulls its forces out of Ukraine, according to Poland, Britain and the Baltic states, despite the IOC saying it plans to let them compete as neutrals.

The states said the automakers had failed to take adequate steps to address the alarming rate of theft and urged them to accelerate the implementation of the software upgrade and provide free alternative protective measures for owners whose cars cannot support the software upgrade.

The drug, Evkeeza, was approved in February 2021 as an additional treatment with other lipid-lowering therapies for patients aged 12 years and above with homozygous familial hypercholesterolemia (HoFH).

"The theater forces will maintain a high state of alert at all times and take all necessary measures to resolutely safeguard national sovereignty and security and peace and stability in the South China Sea," said Tian Junli, a spokesman for China's Southern Theatre Command.

March 22 (Reuters) - Regeneron Pharmaceuticals Inc said on Wednesday the U.S.
Food and Drug Administration had approved the expanded use of its drug in children aged 5 to 11 years to treat an ultra-rare disease that causes high cholesterol.

The United States has been shoring up alliances in the Asia-Pacific seeking to counter China's assertiveness in the South China Sea and the Taiwan Strait, as Beijing seeks to advance its territorial claims.

"While the IOC has made no final decisions yet, we strongly urge it to reconsider its plans and return to the original well-proven stance supported by the international community," the Polish statement said.

The International Olympic Committee (IOC) sanctioned Russia and Belarus after Moscow's invasion of Ukraine in February 2022 but is now reluctant to exclude their athletes from the Olympics entirely for fear of a return to the boycotts of the Cold War era.

Toshiba's board, which includes representatives from Paul Singer's Elliott Management and Farallon Capital Management, formally accepted JIP's offer of 4,620 yen a share, Toshiba said in a statement on Thursday, valuing it at 2 trillion yen ($15.2 billion).

"We strongly believe that now is not the time to consider the opening up of a pathway for Russian and Belarusian athletes to return to the Olympic Games in any status," the Polish foreign ministry said in a statement issued jointly with Britain, Latvia, Lithuania and Estonia.

March 27 (Reuters) - UK equities surged on Monday, helped by a gain in bank stocks on renewed hopes that the turmoil in the sector will be contained following the buyout of Silicon Valley Bank, while Standard Chartered jumped after agreeing to sell its Jordanian business.

The Fed on Wednesday raised interest rates by 25 basis points, as expected, but took a cautious stance on the outlook because of banking sector turmoil even as Fed Chair Jerome Powell kept the door open on further rate rises if necessary.

"Banks have been under an immense amount of pressure. SVB and Credit Suisse put banks under a microscope on the impact that higher rates would have on certain credits," said Victor Balfour, investment strategist at Rothschild & Co.

"Gold is set to shine through the market chaos with expectations around the Fed cutting rates in 2023, fuelling upside gains," Otunuga said, adding that a potent fundamental spark is needed to conquer the $2,000 psychological level and the March 2022 peak to hit a record high.