Swiss stocks - Factors to watch on Nov. 15

Crealogix Holding AG

15/11/2016 05:48

ZURICH, Nov 15(Reuters) - The following are some of the main 
factors expected to affect Swiss stocks on Tuesday. 
     
    CREDIT SUISSE  CSGN.S  
    Credit Suisse has hired former RBS  RBS.L  banker Rick Meng 
as head of China onshore private banking, according to an 
internal memo, as it looks to tap the wealth management business 
in the world's second-largest economy.  urn:newsml:reuters.com:*:nL4N1DG1LY 
    For more news see  CSGN.S-E  
     
    U.S. LEGAL CASES 
    A former Swiss banker has agreed to voluntarily face U.S. 
charges that he conspired to help Americans hide millions of 
dollars in offshore accounts to evade U.S. taxes, his lawyer 
said on Monday. Stefan Buck, who was head of private banking at 
the now-shuttered Zurich-based Bank Frey & Co, pleaded not 
guilty at a hearing last Wednesday in Manhattan federal court 
and was released on a $100,000 bond.  urn:newsml:reuters.com:*:nL1N1DG01C 
     
    ROCHE  ROG.S  
    A former executive at pharmaceutical company InterMune Inc 
and a British restaurant owner were found liable on U.S. civil 
charges that they engaged in a $1 million insider trading 
scheme. The U.S. Securities and Exchange Commission said a 
federal jury in San Francisco found Sasan Sabrdaran, InterMune's 
former director of drug safety risk management, and Farhang 
Afsarpour, a British friend, liable for insider trading. The SEC 
sued Sabrdaran and Afsarpour in November 2014, two months after 
Roche said it had agreed to buy California-based InterMune for 
$8.3 billion. 
     ROG.S-E  
     
    BALOISE  BALN.S  
    The insurer releases its Q3 interim statement 
     
    SCHMOLZ + BICKENBACH  STLN.S  
    Releases Q3 results  
       
    COMPANY STATEMENTS  CPR-CH  
    * Datacolor AG  DCN.S  boosts net profit, proposes higher 
dividend  urn:newsml:reuters.com:*:nL8N1DG0OO 
    * Flughafen Zuerich  FHZN.S  reports 2.66 mln passengers in 
October, up 8.6 pct from the previous year. 
    * Crealogix  CLXN.S  said financial service provider MLP is 
relying on its expertise and technology for the further 
expansion of its online offer.  CLXN.S  
     
     
     
    ECONOMY  M-CH  
     
 
 (Reporting by Zurich newsroom) 
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com)) 
  
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Keywords: MARKETS SWISS STOCKS/