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Swiss National Bank chief Hildebrand resigns

GENEVA — Swiss National Bank chief Philipp Hildebrand resigned Monday, acknowledging he could not prove his innocence amid a public uproar over his private currency deals.

Hildebrand’s resignation took effect immediately, Switzerland’s central bank said in a brief statement. Vice chairman Thomas Jordan stepped in as chairman.

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Jan. 9 (Bloomberg) -- Philipp Hildebrand resigned as head of the Swiss central bank after a currency transaction by his wife last year dented the credibility of the franc's chief guardian.

Jan. 9 (Bloomberg) -- Philipp Hildebrand resigned as head of the Swiss central bank after a currency transaction by his wife last year dented the credibility of the franc's chief guardian.

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Jan. 9 (Bloomberg) -- Swiss National Bank President Philipp Hildebrand will today answer lawmaker questions in Bern as he seeks to end a discussion over controversial currency purchases by his wife.
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