By Paul Arnold
ZURICH (Reuters) – Credit Suisse is likely to remain in the blue-chip Swiss Market Index (SMI) when it is up for a review in early July, even after the crisis-ridden bank has lost about a third of its value since the last index revision a year ago.
Its market value is now below that of the SGS testing group, seen as a potential candidate to drop out of the list of Switzerland’s 20 largest and most liquid listed companies after more than 17 years in the index.
However, Swiss stock exchange SIX selects SMI stocks based equally on market capitalisation and trading volume and…