Banks are suffering a crisis of confidence. Following the 2008 crash, public trust in the financial sector sunk and has remained low as a steady stream of stories about corruption and price rigging emerge.
Attitudes measured by U.S. poll company Gallup showed a trend of around 50 percent of people with a “great deal” of confidence in banks before the 2008 crash, but this sunk to around 25 percent in the years that followed.
