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Private Banking

Wealth management: big data, better relationships

Wealth management: big data, better relationships

Technology has given wealth managers the ability to collect more data than ever before. How they use that information is now critical to their future success. So why aren’t more private banks embracing the opportunity?

Euromoney's Private Banking Survey 2015 highlights that large Swiss banks expect to redouble efforts to cut costs amid Swiss-franc volatility – a move confirmed by bank earnings statements this week.

Monetary policy errors in Europe or Japan, political discord in Europe and geopolitical risk are big risks for 2015, says Sharmin Mossavar-Rahmani, chief investment officer of Goldman Sachs Private Wealth Management, in an interview with Euromoney.