UPDATE 1-New C.Agricole CEO shakes up management to boost performance PARIS, Aug 4- Credit Agricole's new chief executive made his mark on Tuesday with a management reshuffle, as the bank nears a settlement with U.S. authorities over possible sanctions breaches. Like his predecessor, Brassac, 55, has spent his entire career at Credit Agricole, but away from its financial headquarters in Paris, mostly in the south of France.
UPDATE 1-Commerzbank Q2 profit more than doubles on retail banking *Commerzbank shares indicated up 2.2 percent. FRANKFURT, Aug 3- Commerzbank's second-quarter net profit more than doubled thanks to strong retail banking activities, and the German lender announced its first dividend since 2007.. Commerzbank, a household name in Germany which finances more than a third of the nation's exports, is more than half way through a...
| By: Arno Schuetze
UPDATE 1-Deutsche Bank to freeze executive bonuses - source FRANKFURT, July 31- Deutsche Bank is freezing 2015 cash bonuses for its executive board as it examines whether some managers could have done a better job at avoiding problems that led to expensive litigation, a person familiar with the matter said. The bonus freeze hits all members of the management board except Deutsche Bank's new Chief Executive John Cryan,...
| By: Kathrin Jones
FOREX-Dollar firm on Fed expectations ahead of U.S. GDP report TOKYO, July 30- The dollar held steady in cautious trade on Thursday, ahead of U.S. gross domestic product data that could reinforce or dent expectations that the Federal Reserve is on track to raise interest rates as early as September. The GDP report "may boost the appeal of the greenback and spark a further decline in EUR/USD as signs of a stronger recovery fuels...
| By: Lisa Twaronite