Brightbridge Wealth Management Financial and Investment Advice, Current headlines: Brightbridge Wealth Management Headlines: Swiss central bank chief to explain dollar deals

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ZURICH

Switzerland’s central bank chief was breaking his silence Thursday over a private currency deal that appeared to net his family big profits at a time when he was spearheading efforts to lower the value of the Swiss franc.

In a bid to counter a national uproar, the Swiss National Bank said its President Philipp Hildebrand would hold a news conference in Zurich to discuss “financial transactions and events of recent days.”

Swiss media say Hildebrand’s appearance could make or break the 48-year-old financial prodigy who is considered key to Switzerland’s success in riding out the worst of the European financial crisis largely unscathed.