SNB’s Hildebrand: Reason for silence was lack of information

  • Clear answers needed
  • Was only clear 2 days ago how allegations arose
  • Waited until all facts were clear
  • I acted correctly at all times
  • Not aware of any legal breach
  • SNB rules meet European standards (!)
  • Turbulent times demand more transparency
  • First questions arose from govt on December 15
  • There was no short-term currency speculation
  • Family portfolio is for long-term purposes
  • Was unaware of wife’s transaction
  • Shouldn’t have let wife make transaction
  • Gave profit to charity before Christmas (aww…)
  • Hits back at breach of bank secrecy for political gain
  • Won’t resign over currency trades
  • Says wife was not informed about SNB policy plans
  • Willing to reveal all account details to proper authorities (he hasn’t already?)
  • Hopes credibility of SNB not damaged
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