Jan. 4 (Bloomberg) — Kashya Hildebrand, the wife of Swiss National Bank President Philipp Hildebrand, defended currency trades she carried out in 2011, transactions which led local media to allege that the central banker may have used insider knowledge to his advantage. In a statement published yesterday, Kashya Hildebrand said she purchased the dollar because “it was at a record low and almost ridiculously cheap” at the time. Philipp Hildebrand is due to comment on the transactions at a news conference tomorrow in Zurich. Andrea Catherwood reports on Bloomberg Television’s “Last Word.” (Source: Bloomberg)
