Barclays PLC (ADR) (NYSE: BCS ) gained 4.8%, Deutsche Bank AG (USA) (NYSE: DB ) rose 0.6%, and Bank of America Corp (NYSE: BAC ) gained 0.25%. Some analysts were even mentioning the possibility of inflation as U.S. GDP is to be announced tomorrow and is projected to be at a 2.5% annualized rate of increase for Q3. But banks, both domestic and foreign, did well as investors recognized the benefit of higher rates to financial institutions.