UBS CEO Hamers on Results, Growth Strategy, Crypto

Jul.20 — UBS Group AG Chief Executive Officer Ralph Hamers discusses the company’s financial results, business outlook and strategy. The Swiss bank posted better-than-expected profit and added $25 billion of new fee-generating assets in wealth management during the second quarter, while warning that client activity is set to slow down. Hamers also talks about Federal Reserve policy, its implications for interest rates, and his views on crypto currencies. He speaks with Bloomberg’s Manus Cranny.