UBS CEO Ermotti: 90% CET1 Capital Requirements Is Fundamentally The Same As 100% Backing

Not In Control Of Outcome But Don't See 90% As Compromise 50-50 Capital Proposal Still Increases Required Tier 1 Capital It Entails An Annual Additional Cost Of $2 Billion Proposal About Aligning Swiss With EU, UK Swiss AT1 Proposal Is Way To Go'