Thread regarding U.S. Bank layoffs

10 year USB employee quits with skating group email

On Friday a decorated 10-year employee of corporate payment systems sent an email to all 4,000 + CPS employees calling out the unethical and demoralizing activities of CPS leadership.

This employee says in his email he has been with the bank for 10 years, won numerous awards including the highest award in the bank Legends of Possible. But within a few short months of him bringing up concerns about the removal and reduction of anti-money laundering employees and programs, exposing the bank to extensive risk, he was shuttled into a place where he was defending his reputation he was being removed for meetings and put on a performance improvement plan.

While I am not the one who sent this email, I can attest that this is absolutely the behavior of leadership in that group, specifically Brian Richter, CPS Chief Credit officer. He has allowed programs that put the bank at extreme risk, and then retaliates against others when they're exposed. If you have the unfortunate position to work in his downline, be very vigilant about watching your back because you may be next to be railroaded.

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Post ID: @OP+1nLZM4jk

9 replies (most recent on top)

@5xgm+1nLZM4jk Do you happen to be talking about the one that was let go in January?

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Post ID: @3Shbq+1nLZM4jk

The same thing was done to me. I brought up serious risks and process issues. Corporate retaliation is real. They set me up to be fired and even did some good ol boys threatening me. A class action lawsuit might be what USB needs to get their act together. They hired all the reject managers who enable unethical behaviors and reward the ones who do unethical things.

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Post ID: @1xyjc+1nLZM4jk

The person may be protected under the whistleblower laws

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Post ID: @dypa+1nLZM4jk

Hmmm maybe next a mortgage employee will send out an email calling that area on the leader being inebriated 90% of the time and him and the rest of the leadership being a boys club. I know of a multi year Legions winner that was laid off after over 20 years because she is a woman. The mortgage area is a drunken boys club.

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Post ID: @5xgm+1nLZM4jk

@ilh, if UBS had any influence over this site, they would have removed every single thread, cause I don't see any praises here.

If your post got deleted, chances are it's due to a use of f-words or personal insults, that's not allowed and that's what site mods usually nuke. Also, avoid use of names and personal identifiers of non-public figures, cause that's is not allowed either - C-suits are public figures (so it's ok to name and criticize), but if you want to say something about the competency of your direct manager, don't use his name or post too much identifying data about him like location+position, cause it'll deffinitly get nuked, and you might get banned for it.

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Post ID: @1eku+1nLZM4jk

Showcases what Warren Buffett was referring to at the BH shareholders meeting

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Post ID: @1eyd+1nLZM4jk

Are they firing people in Risk Compliance and AML / BSA again? Seems like they do this every 7 years or less. Get fined by Regulators, clean up files , pay fine. Then Terminate people again, then get fined again because no one is watching the shop.

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Post ID: @ycu+1nLZM4jk

It would be hilarious if the email were to get anonymously forwarded to, say, Business Insider.

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Post ID: @tjb+1nLZM4jk

USB is going to have this post removed. They seems to have a relationship with the owner of this site. Challenge to the moderator of this page: Keep the original poster’s thread intact.

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Post ID: @ilh+1nLZM4jk

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