UBS CEO: `We'll Try Our Best' to Deleverage Faster

July 30 (Bloomberg) -- UBS AG reported a 32 percent jump in second-quarter profit on gains at the investment bank and announced plans to buy back the fund set up by the central bank in 2008 to help it shed toxic assets. Manus Cranny recaps his interview with UBS CEO Sergio Ermotti on Bloomberg Television's "Countdown." (Source: Bloomberg)
Liquidity-Hooked Bond Buyers Take Action to Protect Funds
50:29 - Bond-fund managers may debate the exact reason for the deterioration in market liquidity, but one thing is clear: they’re highly concerned about it. Bloomberg's Lisa Abramowicz has more on "Bloomberg Markets." (Source: Bloomberg)
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