Mr. Stroup prevailed in a disagreement with his Danaher supervisor about a risky strategic shift because they had developed a strong rapport.

WSJ: How to Win an Argument With the Boss

Such a shift, however cautious, would be risky.

ECONOMIST: Brazil, Argentina and the IMF

Most of its planned 10, 000 job cuts will come from the investment bank as the bank tries to shift its focus toward the more steady, less-risky business of wealth management.

FORBES: The Best Thing That's Happened To UBS? Bob McCann