UBS names group head to advance data push

Swiss bank is known to be exploring commercial potential of client data

In the latest evidence of banks expanding into the data business, UBS has named its head of research to a new role as group head of data analytics.

Juan-Luis Perez will retain his existing role as group head of research, adding the data analytics role on top. In that new capacity, he will report directly to Sergio Ermotti, the bank’s chief executive.

The role will cover the bank’s existing ‘Evidence Lab’ product, in which it undertakes custom analysis for its own analysts and sells alternative