UBS Group AG real estate analyst John Lam, a market veteran who spotted problems at China Evergrande Group before his peers, has joined a chorus of observers declaring that China’s yearslong property downturn is finally losing steam.

UBS BB Investment Bank hired Claudia Bollina Mesquita as head of equity capital markets, according to people familiar with the matter.

Ulrike Hoffmann-Burchardi, global equities CIO at UBS Global Wealth Management, says that after a decade of mega cap dominance reinforced by passive investing, it's now time for active investing. She speaks on "Bloomberg Surveillance." (Corrects name of guest in video and description) (Source: Bloomberg)

"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Toril Bosoni, International Energy Agency, Head of Oil Industry and Markets Division; Andreas Utermann, Vontobel, Chairman; Michael Haigh, SocGen CIB, Head of FIC & Commodities Research; Rolf Habben Jansen, Hapag-Lloyd, CEO; Marion Messmer, Chatham House, International Security Programme Director. (Source: Bloomberg)