Mr. Sokol began to weigh a management-led buyout, and broached through a go-between the idea of doing a deal with Berkshire.

WSJ: David Sokol Had a Rapid Ascent at Berkshire Hathaway

Going forward, we expect new stricter regulations, more due diligence and caution by investors and increasing competition to weigh down on the AUM for UBS wealth management.

FORBES: UBS Rides To $20 By Growing Wealth Management Biz In Asia

And we -- our confidence rests in the management and the board of directors, that they will carefully weigh all those facts.

WHITEHOUSE: Press Briefing