New York (Dec. 19, 2002) -- While the majority of executives think trust in financial institutions has eroded to a degree that requires structural change at the regulatory level, they aren't taking a leadership position on these issues, a study by PricewaterhouseCoopers reported.

The study polled senior executives, fund managers, investment associations, equity analysts, ratings agencies, bankers and insurers in the US, Europe and Asia. A copy of the poll is available at www.pwcglobal.com/financialservices.

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