Bloomberg News

SNB Vice President Jordan’s Transactions Cleared, Sonntag Says

February 26, 2012

Financial transactions by Swiss central bank vice president Thomas Jordan have been cleared by KPMG auditors, Swiss newspaper Der Sonntag reported, without saying where it obtained the information.

The bank council of the Swiss National Bank asked auditors to look into transactions by the SNB Enlarged Governing Board members for the three years through 2011 after Philipp Hildebrand was forced to resign as SNB president last month because of a currency transaction carried out by his wife.

As vice president, Jordan is the front runner to succeed Hildebrand.

To contact the reporter on this story: Klaus Wille in Zurich at kwille@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net


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