0654 GMT [Dow Jones] Deutsche Bank upgrades its view on the European banking sector to neutral from underweight, following the announcement from the Basel Committee on Banking Supervision. Says worries over leverage ratios, funding and liquidity requirements are now much reduced. "With the stress tests at least now out of the way and the Basel Committee coming through with a less stringent set of recommendations, we think the bank sector now looks ripe for a sustainable recovery," says Deutsche Bank. Says its top picks, all buys, are Lloyds Banking Group (LYG), Societe Generale (GLE.FR), Intesa SanPaolo (ISP.MI), and Credit Suisse (CS). The bank funds the upgrade by downgrading Food & Beverage to neutral from overweight. (peter.nurse@dowjones.com) Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com (END) Dow Jones Newswires July 28, 2010 02:54 ET (06:54 GMT)