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According to the Financial Times, the banking giant saw its stock gain 1.2 per cent to reach 259.4p per share, making it the most successful business on the index today.
Other big movers included Royal Bank of Scotland and Lloyds Banking Group, which grew by one per cent and 1.3 per cent respectively.
City Wire reported the FTSE 100 managed to hold on to its major gains of the week after a strong showing by Germany helped ease fears over the collapse of the Greek economy and the impact this would have across the eurozone.
David Miller of Cheviot Asset Management told the publication: "Very similar to when JP Morgan bought Bear Stearns in March 2008. Avoidance of contagion was then, and is now with Greece, the main priority."
Posted by Chris Weaver
