Resignation with immediate effect. Thus ended, ingloriously, the parable of Philip Hildebrand at the head of the Swiss Central Bank. The farewell was made official today, after the governor had repeatedly denied any indiscretion about the possible abandonment of him in recent days. In the end he couldn't resist the anomalous wave of the umpteenth financial scandal: Hildebrand and his wife (Kashya Hildebrand, former trader for an American fund) would have carried out transactions for a profit of about 70 thousand dollars.
However, the transactions in question concerned investments in the foreign exchange market. A little incorrect, for someone who is a central banker in life. All the more so as the fruitful money movements would take place just two weeks before Hildebrand established the new one exchange between the Swiss and the continental currency, which today can no longer fall below the threshold of 1,20 francs for one euro. Obviously, the fact that the most suspicious operations took place at the hands of the wife is not a sufficient justification.
