he joined the banks central club, at age 26, the youngest president of the snb.two years later when a trading scandal involving his then wife led to his resignation. the governor of the bank of england said, he is a man of total integrity, extra ability, and most part of all, courage. such people are rare. his country will miss him. hildebrand believes having courage to act in the face of adversity. philipp: in my time we had two. one was the rescue of ubs, it was a very difficult moment. it went against everything we believed in, yet we knew we needed to do it. we knew it would create tremendous anger in the population. that was clear. of course, it has turned out that way at a global level. and that it would take a long time for banking to redeem itself. so we knew the consequences were significant, and yet we had deep conviction that we had no choice but to proceed. the other one, obviously, was the introduction of the minimum rate. was it a verybs, difficult day? do you remember the conversations? something had to be done. philipp: we had done conversations a