CREDIT SUISSE TAKEOVER
Switzerland's Federal Prosecutor has opened an investigation
into the state-backed takeover of Credit Suisse by UBS
Group , the office of the attorney general said on
Sunday. Separately, Norges Bank Investment Management said it would
vote against the re-election of Credit Suisse Chair Axel Lehmann
and six other directors at the Swiss lender's annual general
meeting on Tuesday. And Tages-Anzeiger reported that the bank created by the
takeover is poised to reduce its workforce by 20-30%. ENERGY
Switzerland plans to call for bids later this year to build
new power plants that it expects will be connected to its energy
grid in 2025 or 2026, Energy Minister Albert Rosti said, as the
country tries to boost its energy reserves to prevent shortages. COMPANY STATEMENTS
*Credit Suisse Expands Sustainability Offering For
Corporate Clients ANALYSTS' VIEWS
ACCELLERON INDUSTRIES AG - CREDIT SUISSE RAISES
TARGET PRICE TO CHF 25.6 FROM CHF 23.5
ALCON AG - CREDIT SUISSE RAISES TARGET PRICE TO CHF
85 FROM CHF 82
ECONOMY
Swiss March CPI MM due at 0630 GMT. Seen at 0.4% m/m
Swiss March CPI YY due at 0630 GMT. Seen at 3.2% y/y
Swiss March CPI NSA due at 0630 GMT.
Swiss March manufacturing PMI due at 0730 GMT. Seen at 48.9
SNB data on Swiss sight deposits due at 0800 GMT
(Reporting by Zurich newsroom and Berlin Speed Desk)
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