off-the-wire

Swiss stocks - Factors to watch on February 27

Kitco Media
By Reuters
Published:
Updated:
Reuters
ZURICH/BERLIN, Feb 27 (Reuters) - The Swiss blue-chip SMI was seen opening 0.1% higher at 11,194 points on Monday, according to premarket indications by bank Julius Baer .


CREDIT SUISSE Credit Suisse Group AG's new investment banking chief, Michael Klein, is expected to lay out his plans for the division next week as questions linger about the spin-out's funding and structure, according to several people familiar with the matter. Separately, Bloomberg News reported Standard Chartered is in talks to lend on behalf of First Boston. NOVARTIS The pharmaceutical giant's supervisory board last year contacted senior figures in the industry as part of a search for a replacement for CEO Vas Narasimhan, newspaper NZZ am Sonntag reported, citing "multiple internationally connected, independent sources". Those sources did not know, however, whether or to what extent those discussions were ongoing. The newspaper added that the situation now appeared to have improved for Narasimhan.


ALCON AG 2022 full year results due


RATINGS IDORSIA LTD : CITIGROUP CUTS PRICE TARGET TO CHF 12.2 FROM CHF 14.6


ECONOMY SNB data on Swiss sight deposits due at 0900 GMT. (Reporting by Zurich newsroom and Berlin Speed Desk)


Daily Swiss stock market report in German All SMI constituent stocks DJ STOXX index Top 10 STOXX sectors Top 10 EUROSTOXX sectors Swiss mid-cap index Swiss all-share index Swiss market digest Sector overview All Swiss news Swiss research news All equity news SPEED GUIDES: ))
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