Swiss stocks - Factors to watch on Dec 16
ZURICH Dec 16 (Reuters) - The Swiss blue-chip SMI was seen opening up 0.2 percent at 8598 points on Wednesday, according to premarket indications by bank Julius Baer .
Here are some of the main factors that could affect Swiss stocks:
Customer outflows from Swiss private bank BSI are "absolutely manageable" despite the turbulence shaking Brazilian parent Grupo BTG Pactual, BSI Chief Executive Stefano Coduri told newspaper Finanz und Wirtschaft.
The Swiss bank was operating normally and its liquidity and equity positions were "outstanding". He declined to be drawn on sale prospects for the bank but added the situation at BTG Pactual had to stabilise or else an "alternative solution" had to be found for BSI.
Senior executives are expected to testify in a suit brought by its former head of food safety alleging psychological harassment after she blew the whistle on food safety issues. Nestle denies the allegations. Continuación...