Sergio Ermotti

So such an important decision cannot be taken out of emotions or by people trying to drive the agenda by fear.

Well, first of all, I have to say that we are in regular dialogue with many key stakeholders around the world in government's regulatory framework regularly, so there is nothing exceptional when we speak with one or the other officials.

But, of course, the U.S., together with this region and China,

likely to continue to be two engines of growth.

It's very important for us to continue to be competitive and present in the U.S.

like we want to continue to be strong in Asia and in our own country, Switzerland.