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Profile - Philipp Hildebrand's very Swiss finish
ZURICH (Reuters) - Philipp Hildebrand, the head of the Swiss central bank who resigned on Monday after a trading scandal involving his wife, was an ambitious regulator who had been dogged for months by political adversaries. The 48-year-old former hedge fund manager's two-year chairmanship of the Swiss National Bank was rocky at best. He had faced down calls to go after he ran up record losses ...
Read more...Economic views and news - Thursday, 9 February '12
CURRENCY: A more subdued day waiting on local NZ Q4 employment data is likely for the NZD today. Having corrected from overnight highs it may well look to test support should a negative surprise be delivered.
Read more...SNB interim chief warns of eurozone risk
An escalation of the eurozone debt crisis is the biggest threat to the economy as it could prompt deflation, the Swiss National Bank (SNB)’s acting chairman has warned.
Read more...Modern trading killing off "barrow boy" market slang
LONDON (Reuters) - "The Old Lady just bought half a yard of cable and there are plenty of bids for Bill and Ben." Confused? To most foreign exchange traders in London's "City" financial district that sentence would make perfect sense: "The Bank of England just bought half a billion British pounds against the U.S. dollar and there's interest to buy the Japanese yen. ...
Read more...Gold Emerges As Safer Option In Highly Volatile Trading Environment; Gold Options Also A Play On High VIX
67 WALL STREET, New York - January 11, 2012 - The Wall Street Transcript has just published its SRI Investing and Other Investing Strategies Report offering a timely review of the sector to serious investors ...
Read more...REFILE-Modern trading killing off "barrow boy" market slang
(Clarifies description of trade in third paragraph) LONDON, Jan 13 (Reuters) - "The Old Lady just boughthalf a yard of cable and there are plenty of bids for Bill andBen." Confused? To most foreign ...
Read more...Franc Test Looms for Jordan in Race to Replace Hildebrand
Thomas Jordan’s first test as interim president of Switzerland’s central bank will be to prove he can defend the four-month old cap on the franc as well as its chief architect did.
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