UBS posted higher than expected profit in the second quarter, as strong client inflows and investment banking revenue helped bolster CEO Sergio Ermotti’s efforts to return capital to shareholders.The Zurich-based bank said net income was $1.1 billion, about double analyst estimates. The key wealth management business saw strong client inflows, with $27 billion in net new assets in the period. Ermotti spoke with Bloomberg's Francine Lacqua in Zurich. 

UBS posted higher than expected profit in the second quarter, as strong client inflows and investment banking revenue helped bolster CEO Sergio Ermotti’s efforts to return capital to shareholders.The Zurich-based bank said net income was $1.1 billion, about double analyst estimates. The key wealth management business saw strong client inflows, with $27 billion in net new assets in the period. Ermotti spoke with Bloomberg's Francine Lacqua in Zurich.

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Bloomberg Talks

Sergio Ermotti Talks Markets and Bank Earnings

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As the United Nations searches for its next secretary general, one of the leading candidates tells Bloomberg News' Tim Stenovec and Carol Massar why she believes she is best suited for the position. Joining from the UN Rose Garden on Friday, the Permanent Representative of Guyana to the UN Carolyn Rodrigues Birkett says she believes the UN "is a force for good" and that while she's "not looking to display any ego," she would work hard to solve the issues the UN is facing as global conflicts continue intensifying around the world.

As the United Nations searches for its next secretary general, one of the leading candidates tells Bloomberg News' Tim Stenovec and Carol Massar why she believes she is best suited for the position. Joining from the UN Rose Garden on Friday, the Permanent Representative of Guyana to the UN Carolyn Rodrigues Birkett says she believes the UN "is a force for good" and that while she's "not looking to display any ego," she would work hard to solve the issues the UN is facing as global conflicts continue intensifying around the world.

Rep. of Guyana to the UN  Carolyn Rodrigues Birkett  Talks Her Bid For Secretary General

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/053af667-2408-42cc-867a-b4d001608d97/transcript

GOP pollster and strategist Frank Luntz says Republicans should be frightened that their base "is not nearly as engaged as Democrats. He speaks with Bloomberg's Joe Mathieu. 

GOP pollster and strategist Frank Luntz says Republicans should be frightened that their base "is not nearly as engaged as Democrats. He speaks with Bloomberg's Joe Mathieu.&nbsp;

Pollster Frank Luntz Talks Midterms

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Cuba Deputy Minister of Foreign Affairs Carlos Fernández De Cossío says sanctions are stifling the island’s efforts to overhaul its economy and embrace capitalist reforms, while speaking with Bloomberg News' David Dura in an interview slated to air on Bloomberg This Weekend. He also acknowledges that people in Cuba are hoping political change in Washington might ease pressure on the island, he described that view as “wishful thinking.” Asked if Cuba still sees Venezuela as an ally, De Cossío said that while it was a “friendly” country, “ally is too strong of a word.”

Cuba Deputy Minister of Foreign Affairs Carlos Fern&aacute;ndez De Coss&iacute;o says sanctions are stifling the island&rsquo;s efforts to overhaul its economy and embrace capitalist reforms, while speaking with Bloomberg News' David Dura in an interview slated to air on Bloomberg This Weekend. He also acknowledges that people in Cuba are hoping political change in Washington might ease pressure on the island, he described that view as &ldquo;wishful thinking.&rdquo; Asked if Cuba still sees Venezuela as an ally, De Coss&iacute;o said that while it was a &ldquo;friendly&rdquo; country, &ldquo;ally is too strong of a word.&rdquo;

 Cuba Deputy FM De Cossio Talks US Sanctions Hobbling Cuban Economy

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ff8a929f-b802-43c5-97e2-b4d0015dc07e/transcript

Sergio Ermotti Talks Markets and Bank Earnings

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