UBS is currently in talks with the Swiss government regarding its capital plans, according to CEO Sergio Ermotti.
Ermotti stated that the discussions are focused on ensuring all parties have access to the same data as they work through proposals outlined by the Swiss Federal Council.
The discussions are still in the early stages, with no feedback received yet, as the focus remains on exchanging factual information rather than opinions.
The ongoing dialogue aims to establish a solid foundation for any future decisions related to UBS's capital requirements.