Hildebrand stays in major financial think tank

Philipp Hildebrand, who was forced to step down as head of Switzerland’s National Bank earlier this month, is to remain a member of the Group of Thirty (G30) think tank.

This content was published on January 19, 2012 - 18:40
swissinfo.ch and agencies

G30 executive director Stuart Mackintosh confirmed press reports to this effect on Thursday.

The Washington-based G30 is a private, international non-profit organisation which brings together “very senior representatives of the private and public sectors and academia”.

On its website the group describes its aims as being “to deepen understanding of international economic and financial issues, to explore the international repercussions of decisions taken in the public and private sectors, and to examine the choices available to market practitioners and policymakers”.

Hildebrand resigned as head of the SNB on January 9, amid a controversy over a profitable currency deal carried out by his wife in the summer. He admitted that he could not prove that he had not known about the transaction.

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