By Sarah Turner
LONDON (MarketWatch) -- European shares jumped in early trading, with banks sharply higher after news that Abu Dhabi will provide $10 billion of financing to Dubai. Shares of Standard Chartered (UK:STAN 1,510, 0.00, 0.00%) rose 5.2% and Royal Bank of Scotland (UK:RBS 30.56, 0.00, 0.00%) shares advanced 3.2%. Elsewhere, Whitbread (UK:WTB 1,360, 0.00, 0.00%) shares surged after the hotel and restaurant operator said that it expects fiscal-year results to top analyst expectations. The U.K. FTSE 100 index rose 1.3% to 5,327.10, the German DAX index climbed 1.2% to 5,825.96 and the French CAC-40 index advanced 1.1% to 3,846.75.