European Factors to Watch-FTSE set to edge up, DAX seen lower
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LONDON, June 8 (Reuters) - European stocks were seen opening mixed on Monday, with shares in Deutsche Bank in focus after Germany's largest lender named a new chief executive.
Financial spreadbetters expected Britain's FTSE 100 to open up by 8-15 points, or as much as 0.2 percent higher. Germany's DAX was seen falling by 11 to 27 points, or as much as 0.2 percent lower, while France's CAC was seen opening unchanged to down by 7 points, or as much as 0.1 percent lower.
Deutsche Bank purged its leadership on Sunday, appointing Briton John Cryan as chief executive to replace Anshu Jain just two weeks after Jain was given more power to reorganise the bank.
Deutsche Bank has struggled to restore an image tarnished by a raft of regulatory and legal problems which include probes into alleged manipulation of benchmark interest rates, mis-selling of derivatives, tax evasion and money laundering.
The pan-European FTSEurofirst 300 index had fallen 0.9 percent on Friday, weighed down by a slump in the Athens stock market, which slid to one-month lows after Greece delayed a debt payment.
The European Union's exasperation with Greece burst into the open on Sunday when its chief executive rebuked leftist Prime Minister Alexis Tsipras and warned that time was running out to conclude a debt deal to avert a damaging Greek default.
MARKETS SNAPSHOT: > GLOBAL MARKETS-Asian shares slip, China's imports disappoint > US STOCKS-Strong jobs report gives Wall St 2nd straight losing week > Nikkei falls as U.S. job data stokes concern Fed could hike in Sept > TREASURIES-Benchmark yields post largest weekly rise in two years > FOREX-Dollar shines as jobs data supports case for U.S. rate rise > PRECIOUS-Gold ticks up, but holds near 11-week low on U.S. rate outlook > METALS-LME copper holds near six-week low on China demand concerns > Oil prices fall as China's crude imports tumble, OPEC keeps production high