May 20 (Bloomberg) -- Julius Baer Group said it is naming Yves Robert-Charrue chief executive officer Switzerland as of July. Hans F. Lauber will become head investment solutions group.
EQUITIES: *UBS’s McCann denies speculation of talks with Wells Fargo *Nestle says food-product price increases should be gradual *Sarasin managers seek to buy Rabobank stake, Straehle tells FT *SGS buys AG Research Associates in the U.S. *Walter Meier withdraws from selling air-conditioning in the U.K.
WHAT TO WATCH: *SNB’s Danthine speaks at University of St. Gallen
MARKETS: *The SMI climbed 0.4 percent to 6,557.95 *The SPI gained 0.4 percent to 6,034.88 *The Stoxx Europe 600 Index rose 0.6 percent to 279.89 *The MSCI Asia-Pacific Index was little changed at 134.70 as of 7:45 a.m. Zurich time *Euro-franc traded at 1.2629 at 7:17 a.m. Zurich time
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