Swiss stocks - Factors to watch on Sept 29

ZURICH, Sept 29 | Tue Sep 29, 2009 1:37am EDT

ZURICH, Sept 29 (Reuters) - The following are some of the main factors expected to affect Swiss stocks on Tuesday:

UBS (UBSN.VX)(UBS.N)

* Fiat (FIA.MI) Chief Executive Sergio Marchionne and Royal Dutch Shell (RDSa.L) Chief Executive Peter Voser will not stand for reelection to the board of UBS AG (UBSN.VX) next year, the Swiss bank says.

* The Swiss bank's Chief Executive Oswald Gruebel told the Financial Times on Tuesday UBS has received offers for its U.S wealth management business Paine Webber but that that a sale wouldn't make sense at current valuations.

Gruebel also said the bank will be ready to reverse its bail-out deal with the Swiss government within a year, reported the Financial Times.

* Swiss bank UBS (UBSN.VX) (UBS.N) named Jimmy Neissa and John Wall as global co-heads of its investment banking department after the incumbent shifts to a new role.

For related news click on [UBSN.VX]

CREDIT SUISSE (CSGN.VX)

* Switzerland's largest bank by market capitalisation is seeking a banking license from the Indian central bank in order to be able to offer products and services including dervatives and foreign exchange services, the Indian newspaper Economic Times said on Tuesday.

* Credit Suisse Chief Executive Brady Dougan says he sees good chances for the bank to increase its market share among wealthy private banking customers as the bank has done well in the crisis, he tells Swiss daily TagesAnzeiger in an interview.

For related news click on [CSGN.VX]

ECONOMY [M-CH]

* The UBS consumption indicator for Switzerland for August is due at 0600 GMT.

COMPANY STATEMENTS [CNR-CH]

EQUITY RESEARCH [CH-RCH]

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.EX.S for all Swiss stocks

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