Swiss bank chief's wife apologises for currency trade

Kashya Hildebrand - the wife of Switzerland's former central bank chief - has made a TV apology to the Swiss people and her husband for the $504,000 (£324,067) currency transaction that led to his resignation.

Mrs Hildebrand said as an art gallery owner she often carried out dollar-based deals but she tried to keep the couple's assets split between francs and dollars, the Telegraph reports.  She explained if she had really been in possession of insider information she would have used a "numbered account" and targeted euro-Swiss franc transactions. In an interview at an art exhibition in Singapore, she also said that Christoph Blocher, the member of the Swiss People's Party who uncovered the scandal, might have "money behind him" but that she and her husband "have God". "From the bottom o...