Study: Small businesses losing trust in big banks — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Study: Small businesses losing trust in big banks

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in Leaders & Managers

The past few years of negative publicity about large financial houses have left small companies skittish.

A survey by American City Business Journals asked 1,700 small business owners to rank various national brands on several factors. Big banks and financial service firms plummeted in the ranking.

“The bigger the bank, the more it got hit … When you’re in the news, you drop substantially,” the report says.

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