Tag Archive: Philipp Hildebrand

Former Swiss central banker throws in towel to lead OECD

Former Swiss National Bank (SNB) chairman, Philipp Hildebrand, has pulled out of the race to become the next secretary-general of the Organisation for Economic Co-operation and Development (OECD).

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Cryptoasset start-up backed by Swiss banking heavyweights

Some of the doyens of the Swiss financial industry, including former Swiss National Bank president Philipp Hildebrand and ex-UBS CEO Peter Wuffli, have joined the cryptoasset revolution with new financial services operator Sygnum. The Swiss-Singapore enterprise announced itself suddenly on Thursday after operating in stealth mode for months.

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Zuerst verdirbt die SNB unsere Jugend mit Irrlehren, dann lässt sie sie fallen

„Und sie dreht sich doch“ murmelte Galileo Galilei, nachdem ihn die Inquisitoren gezwungen hatten, dem kopernikanischen Weltbild abzuschwören. Dieses widerlegte die damalige heliozentrische Astronomie: Die Sonne drehe sich nicht um die Erde, sondern umgekehrt: Die Erde dreht sich um die Sonne. Eine kopernikanische Wende erleben wir zurzeit in der Geldtheorie: Die Volkswirtschaften drehen sich nicht um die Zentralbanken. Umgekehrt: Die Zentralbanken...

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Court Upholds Fines for Leaking ex-SNB Chairman’s Bank Details

Switzerland’s highest court has imposed suspended fines on a local politician and a former bank worker for leaking the personal bank transactions of former Swiss National Bank (SNB) chairman Philipp Hildebrand. The leak forced Hildebrand to resign in 2012.

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“Mystery” Central Bank Buyer Revealed: SNB Now Owns A Record $84 Billion In US Stocks

In the second quarter of the year, one in which unlike in Q1 fund flows showed a persistent and perplexing outflow from US stocks and into European and Emerging Markets, a trading desk rumor emerged that even as institutional traders dumped stocks and retail investors piled into ETFs, a "mystery" central bank was quietly bidding up risk assets by aggressively buying stocks.

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A Swiss central-banking scandal: Called to account

IT IS starting to look like a sustained attack. On January 4th an article in Die Weltwoche, a Swiss weekly magazine, accused Philipp Hildebrand, president of the Swiss National Bank (SNB), of personal currency speculation while the SNB was intervening to stabilise the Swiss franc/US dollar rate.

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