UBS CEO: `We'll try our best' to deleverage faster

Sergio Ermotti interview still

UBS AG reported a 32 percent jump in second-quarter profit on gains at the investment bank and announced plans to buy back the fund set up by the central bank in 2008 to help it shed toxic assets.

Manus Cranny recaps his interview with UBS CEO Sergio Ermotti on Bloomberg Television's "Countdown."

Source: Bloomberg