According to reports, two people familiar with the matter said that UBS is considering selling part of its asset management division's business. The business areas under review mainly include Swiss real estate assets, which may be worth less than $1 billion. Previously, under the leadership of senior UBS executive Aleksandar Ivanovic, UBS restructured its asset management business. Earlier this year, potential acquirers reached out to UBS to discuss the deal.

According to reports, two people familiar with the matter said that UBS is considering selling part of its asset management division's business. The business areas under review mainly include Swiss real estate assets, which may be worth less than $1 billion. Previously, under the leadership of senior UBS executive Aleksandar Ivanovic, UBS restructured its asset management business. Earlier this year, potential acquirers reached out to UBS to discuss the deal.