Who do you trust?

Read the original Finanser blog here.

Here is a brief summary of the article:

• Trust is a critical component of any system.
• There are various questions about the banking system that arise from time to time.
• The most important point is to have a system of trust that people believe in.
• We seem to be losing trust in governments and authorities, according to Edelman’s Trust Index.
• Ipsos, on the other hand, finds no evidence of a crisis of trust.
• Trust is a complex concept with different drivers, including core competence, product quality, and responsibility.
• The focus should be on what steps organizations have taken to be trustworthy, not whether consumers trust them.