European shares climb as banks, defence stocks lead broad-based rally

By Johann M Cherian, Anjana Jayakrishnan Nair and Avinash PEuropean shares climbed over 1% with gains broadening across sectors, while banks advanced as dealmaking involving Credit Agricole and Banco BPM and strong results from Italy's UniCredit lifted the sector.The pan-European STOXX 600 TVC:SXX…