SNB to Reveal Board’s Currency Dealings After Hildebrand
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The Swiss National Bank’s supervisory council will today publish the results of a probe into transactions by the bank’s board members and their deputies after currency purchases prompted Philipp Hildebrand to quit.
The SNB’s council will disclose the results at a briefing at 3:30 p.m. in Zurich. Governing board members Thomas Jordan, Jean-Pierre Danthine as well as the deputies -- Thomas Wiedmer, Thomas Moser and Dewet Moser -- were forced to reveal all transactions after a furor when details emerged of a currency purchase by the former president’s wife about a month before policy makers imposed the first franc cap in three decades.