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UBS returned to profit after two loss-making quarters, with both wealth management and the investment bank showing sustained progress in the integration of Credit Suisse after its emergency rescue last year. In an interview with Bloomberg TV, CEO Sergio Ermotti said that the bank is seeing "good momentum," -- aligned with expectations -- although "a lot of work" still has to be done to generate "even stronger profitability."
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State Street CEO Ron O'Hanley says there is still strong resilience in the global economy and believes that the US has led the way in sustaining it. He has been speaking to Bloomberg's Carol Massar and Romaine Bostick on the sidelines of the the Milken Institute Global Conference in Beverly Hills.
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IBM Chairman & CEO Arvind Krishna says the tech giant has booked more than $1B in its AI business year to date. Speaking to Bloomberg News’ David Westin on the sidelines of the Milken Institute Global Conference in Beverly Hills, CA, Krishna adds AI can generate productivity and extra revenue for clients.
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Lawrence H. Summers, former US Treasury Secretary and Bloomberg Television contributor, says that college protests happening throughout the country are 'very depressing and worrying for me'. Summers also spoke about the restrictiveness of Fed policy and the state of yen intervention. He speaks with host David Westin on the latest edition of "Bloomberg Wall Street Week".
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Alex Burghart, UK Cabinet Officer Minister leading on AI in the Public Sector speaks with host Annmarie Hordern about AI, and the future of the workplace within government. They also discuss his reaction to the UK local election result and what it means for the general election.
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Former St. Louis Fed President James Bullard discusses disinflation and lower rates at the Hoover Institute's Monetary Policy Conference with Bloomberg's Mike McKee.
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Chicago Fed President Austan Goolsbee discusses the jobs report with Bloomberg's Michael McKee from the Hoover Institution's Monetary Policy Conference.
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DraftKings CEO, Co-founder, and Chairman, Jason Robins, discusses the the growth boosted by an influx of new customers, and its raising of guidance for the rest of the year with Bloomberg's Sonali Basak.
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Acting US Labor Secretary Julie Su discusses the Biden Administration's read on the strong jobs report with Bloomberg's Annmarie Hordern.
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It's a pivotal year for US politics, as President Biden and former President Trump face off in a 2020 presidential election rematch. Plenty for voters to weigh as November comes around, with economic issues including the cost of living at the forefront for many. For his take on the election Virginia Governor Glenn Youngkin joined Bloomberg's Tom MacKenzie while on a trade trip to Europe.
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