Thomson Reuters proprietary news sentiment analysis aggregates and scores business and financial news sources to track trust sentiment for our benchmark group of the top 50 global financial institutions. In Q3 2014, aggregate trust sentiment in the world’s largest financial institutions was stable from Q2 at 0.5 percent. The data reveals significant divergence at the regional level, however:
Our analysis shows that while earnings recovery headlines have accounted for some of the increased confidence in news sentiment in the sector throughout 2014, this quarter’s data was most strongly driven by negative headlines in Europe and the UK, among them Lloyds Cuts 500 Jobs; Dark Pool Probe Puts Pressure on Barclays and ongoing news coverage stemming from FX and Libor investigations.
The Index is based primarily on a benchmark group of 50 global financial institutions – the largest banks, investment banks and investment managers based on market cap – as a proxy for the sector as a whole.
It covers sentiment analysis based on news and social media, analyst expectations, credit spreads as an indicator of confidence, and governance data. All drawn from Thomson Reuters vast array of data, information and analytical capabilities to provide a more comprehensive and objective view of the state of trust among these constituencies.