Swiss stocks - Factors to watch on Sept 5

ZURICH, Sept 5 (Reuters) - Swiss shares are set to continue their recent slide on Friday as concerns about global economic growth were sending stocks tumbling world wide.

The Swiss blue-chip index SMI.SSMI was indicated to drop 76 points to 7,008 points, according to data provided by bank Clariden Leu.CLPRE

The following are some of the main factors expected to affect Swiss stocks Friday:

UBS (UBSN.VX: Quote, Profile, Research, Stock Buzz)

Swiss bank UBS, rocked by more than $44 billion in credit write-downs during the past year, said on Thursday it hired a top Goldman Sachs Group Inc (GS.N: Quote, Profile, Research, Stock Buzz) executive as its new global head of fixed income, currencies and commodities trading.

For related news, click on [UBSN.VX-RTRS-LEN]

CLARIANT (CLN.VX: Quote, Profile, Research, Stock Buzz)

Swiss speciality chemicals company Clariant has named Hariolf Kottmann as new chief executive, effective Oct 1, 2008, replacing Jan Secher.

For related news, click on [CLN.VX-RTRS-LEN]

CREDIT SUISSE (CSGN.VX: Quote, Profile, Research, Stock Buzz)

An indicted former Credit Suisse broker was in U.S. custody on Thursday to face charges over deceptive sales of subprime-related auction-rate debt, the FBI said.

For related news, click on [CSGN.VX-RTRS-LEN]

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