Financial Trust Index Reaches All-Time High At 26 Percent

The Index shows that trust has rebounded significantly since dipping to a low of a revised figure of 20 percent in March 2009 in the immediate wake of the financial crisis. This is substantial ground in a relatively short amount of time, said Index co-author Luigi Zingales, a professor of entrepreneurship and finance at the University of Chicago Booth School of Business. According to the latest data, trust in banks has shown the largest gain in the last three months, from 34 percent in March 2010 to 39 percent in June 2010.

Provided by: Northwestern University (Kellogg) Topic: CXO Date Added: Jul 2010 Format: HTML

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