Sarasin Says Employee Disclosed Hildebrand Currency Buy

Jan. 4 (Bloomberg) — Bank Sarasin & Cie. AG, the Basel, Switzerland-based private bank, said it fired an employee who passed data on currency trades by the family of Swiss National Bank Chairman Philipp Hildebrand to a political opponent. The data allegedly showed the sale of 500,000 Swiss francs for dollars by Hildebrand’s wife on Aug. 15. Matthias Wabl reports from Zurich on Bloomberg Television’s “The Pulse” with Maryam Nemazee. (Source: Bloomberg)

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