Summary Box: Swiss central bank gets new chairman

The Associated Press

FRESH START: The Swiss Cabinet on Wednesday appointed a chairman for its central bank, which adopted a new code of conduct. Its former chairman resigned amid public furor over his family's private currency trading.

THE DETAILS: The Swiss president and top ministers confirmed the appointment of Thomas Jordan as chairman of the Swiss National Bank. He had been serving as the bank's acting chairman for three months. He replaced Philipp Hildebrand, who resigned in January.

THE CODE: The central bank also released a 20-page document designed to ensure staff "conduct themselves at all times with integrity" in their professional and private lives.