A rebound in banks failed to boost the market, with European equities hovering near a three-week low as automakers fell. The rebound in European stocks has lost steam on renewed concerns about the strength of the economy amid falling oil prices and profitability at lenders. After the biggest monthly surge since October, sinking banks dragged the Stoxx 600 down 1.9 percent in the past two days, the most in almost a month. Hermes Fund Managers Senior Credit Analyst Filippo Alloatti discusses the outlook for Europe's banks with Bloomberg's Jonathan Tyce and JPMorgan Global Market Strategist Nandini Ramakrishnan. They joined Francine Lacqua on "The Pulse."