Journalists, politicians rank below bankers among 'least trusted' professionals, finds survey

   Sep 19, 4:16 pm

London, Sep 19 (ANI): Mis-selling scandals and numerous financial crises have ended up making bankers among the least trusted category of professionals, but more trusted than journalists and politicians, a new survey has revealed.

According to the survey by the consumer group Which?, recent banking scandals meant there was an urgent need for a "fundamental change" in banking culture and practice, the BBC reports.

Which? conducted a survey of 2,060 people, asking how much they trusted various professions. Nurses, doctors and teachers were found to be the most trusted, while bankers, journalists and politicians ranked in the bottom three, the report said.

The consumer group said that bankers should comply with a code of conduct or be struck off. They should also be punished for mis-selling, with bonuses clawed back, it added.

"Banks are fully aware that they need to restore customers' trust and that this can only be done by proving that they are on the customers' side," Anthony Browne, chief executive of the British Bankers' Association, which represents the major UK banks, said.

"There is a genuine commitment from the top of the banks to restore the reputation not just of the industry, but of London as the world's leading financial centre," he added. (ANI)

'Interest in goals crucial to workplace success' Apr 17, 9:57 am
Washington, April 17 (ANI): Researchers have said that maintaining an interest in the goals you pursue can improve your work and reduce burnout.
Full Story
Worst job interview mistakes revealed Apr 15, 2:26 pm
Melbourne, April 15 (ANI): Most candidates are nervous before a job interview, but they need to be very careful that they don't make major mistakes due to stress.
Full Story
Dependence on email hinders business productivity Apr 12, 2:39 pm
Wellington, April12 (ANI): Employees dependence on email as the primary mode of communication has caused a lack of business productivity.
Full Story
French workers now have legal right not to be contacted after they leave office Apr 10, 4:28 pm
London, April 10 (ANI): Bosses and unions representing more than a million white-collar employees have signed a contract to adopted a strictly enforced 35-hour working week.
Full Story
Comments

LATEST STORIES
TOP VIDEO STORIES
PHOTO GALLERY