Rebuilding Banking Trust

2015-12-04T23:17:20-08:00December 4th, 2015|Categories: Socially Responsible Investment|Tags: |

“Bankers are not the most popular figures in America right now,” says Keith Mestrich, chief executive of Amalgamated Bank. “The industry has lost consumer trust and has done very little to earn it back.” With respect to the banking industry in general, that’s probably an understatement. Earlier this year, a Harris Poll showed that America’s three largest banks— JPMorgan Chase, Bank of America and Citigroup — enjoyed “poor” reputations among the public at large. A fourth, Goldman Sachs, flirted with “very poor,” [...]