Trust levels in American financial institutions have plummeted over the past couple of years with a recent Gallup poll showing that a mere 28 percent of people in the United States have confidence in the nation’s banks. Interestingly, the financial capabilities of America’s leading technology companies are now trusted more than the country’s biggest banks.
Instantly Brand Montitor, in cooperation with Statista, found that Wells Fargo and JPMorgan Chase were viewed positively as providers of financial products by 44 and 40 percent of people respectively. By contrast, the financial services of PayPal, Amazon, Google and Apple were all rated higher than America’s largest banks.
*Click below to enlarge (charted by Statista)
This article was written by Niall McCarthy from Forbes and was legally licensed through the NewsCred publisher network.