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.

Why Airbnb Is Doubling Its Investment in China
20:12 - Airbnb is adopting the name “Aibiying” in China, one that translates as “welcome each other with love,” as it doubles investment in the country and triples its local workforce to serve the world’s largest population of travelers. Bloomberg's Brad Stone has more on "Bloomberg Technology." (Source: Bloomberg)
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