It seems that these days everyone wants to be a data scientist – or employ a team of them. There is little doubt that rigorous analysis of big data can pay dividends in the financial world, but the age-old problems of data quality and false correlations are not going away, as Silvia Pavoni reports.
Latest articles from Private Banking

Are robots taking over wealth management?
November 1, 2016The arrival of online robo-advisers – providers of automated, algorithm-based financial advice – is fuelling debate among wealth managers and regulators on their benefits and risks. Is robo-advice a great innovation to fill the advice gap, or an overly optimistic and unsustainable business model? Silvia Pavoni reports.

South Korea's wealth management evolution
September 13, 2016As the number of high-net-worth individuals in South Korea continues to grow, how will local and foreign players capitalise on changing investment preferences and the rise of fintech? Elliot Smither investigates.
UBS still on top in 2016 Wealth and Asset Management Brand Ranking
May 3, 2016UBS continues to lead The Banker's Wealth and Asset Management Brand Ranking despite its brand losing value over the past year. The Swiss giant is also facing new challenges, with both Wells Fargo and ICBC putting in strong performances.

Fast and flexible: wealth management the Bahamas way
March 1, 2016The Bahamas' ability to create investment products quickly in response to clients' specific needs gives it an advantage as an international financial centre, though greater communication efforts may be needed to convince its critics regarding the country's compliance with international regulation. The discussion was sponsored by the Bahamas Financial Services Board, Equity Bank and Trust, Deltec and the Bahamas Ministry of Financial Services and independently edited by The Banker.

Italian private banks get a makeover to win asset-rich clients
February 1, 2016Low interest rates and global market volatility are encouraging Italians to demand better returns from their private banks. How are wealth managers responding? Silvia Pavoni reports.

Impact investing: the social entrepreneurship revolution
January 4, 2016The success of an investment is increasingly defined not just by risk and return but also its impact on society. Silvia Pavoni talks to the investors that demand purpose along with profit, and that are bringing about a revolution in the process.

PWM/The Banker Private Banking Awards 2015
November 5, 2015While big brand global banks continue to dominate in PWM/The Banker’s annual private banking awards, some interesting trends are also emerging.

Latin American wealth management moves back offshore
November 2, 2015Economic turbulence is hitting Latin America, exacerbated by the region’s dependence on a stuttering China. Given this backdrop, the region's wealthy individuals are increasingly looking to move their money safely offshore. So what will the future look like for local wealth managers?
Good, but could be great: wealth management in South Korea
October 1, 2015South Korea has a large and vibrant wealth management sector, but it has yet to reach its full potential. Michael Imeson speaks to industry experts to assess how the country and its domestic financial institutions can bridge the gap between them and their Asia-Pacific peers.