Ermotti: UBS Is Doing What We Said We Would Do

July 30 (Bloomberg) -- UBS CEO Sergio Ermotti, who last year announced plans to cut 10,000 jobs and scale back the investment bank, is speeding up plans to increase the bank’s capital ratio to a target of 13 percent. Here, he speaks with Bloomberg's Manus Cranny.
China Flexes Its Military Muscle at the World
42:04 - IHS Jane's Asia Pacific Defense Industry Analyst Jon Grevatt discusses China's military parade to commemorate the end of World War II and what the showing of its military weapons means to the region and the rest of the world. He speaks to Bloomberg's Rishaad Salamat on "Trending Business." (Source: Bloomberg)
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