Philipp Hildebrand, Former SNB Chairman
The recent furore over the Swiss National Bank’s former chairman is not just about banker behaviour – it is also focusing debate once again on banking secrecy.
At the heart of the affair is the leaking of confidential bank data detailing foreign currency exchange transactions by Philipp Hildebrand’s family in breach of Swiss banking secrecy laws.
Zurich police last week opened criminal investigations into two Swiss People’s Party cantonal parliamentarians allegedly involved in the transmission of the data to third parties.
And party vice president Christoph Blocher, who has made no secret of his involvement in alerting the government to suspicions about Hildebrand’s private financial activities, was also interviewed by the police about his role in the affair.
Read the full story at SwissInfo.ch.