Economics

Under Jordan Swiss National Bank Returns to Being Boring

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Swiss National Bank President Thomas Jordan says his best investment is the first drink he ever bought his wife.

Jordan, a bespectacled central-bank veteran, took the top job at the SNB in April after Philipp Hildebrand resigned. Since assuming the helm, Jordan has sought to return calm to the century-old institution after the furor sparked by a currency purchase of $504,000 by Hildebrand’s wife in August 2011, just three weeks before the central bank imposed a ceiling to weaken the franc.