AOL.com Video - Swiss Central Bank Chief Quits Over Deal

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Swiss Central Bank Chief Quits Over Deal

Description:Just days after vowing to stay in his post Swiss central bank chief Phillipp Hildebrand has quit. He'd been facing growing criticism after a controversial currency trade made by his wife in August. Hildebrand's wife Kashya, a former trader who now runs a Zurich art gallery, bought 400,000 Swiss Francs worth of dollars from Sarasin Bank three weeks before her husband oversaw steps to cap the rise of the franc. (2:07)

Source: Reuters

Tags: Swiss Central Bank Chief Quits Over Deal , European economy , kashya hildebrand , phillipp hildebrand