Thread regarding Wells Fargo & Co. layoffs

They forced the qualified people out by the constant attacks on the rank and file.

Wells Fargo audit has minimal coverage of HR. It’s been a mess for a long time! Is HR achieving its business objects? Typically not. And we’ve been in the paper way too much.

Legal as well. Minimal to no coverage of Legal.

And who is involved in most of the bank’s problems? There’s always a connection with HR and Legal.

The bank is too big. Risk management is in effective.

The OCC hasn’t made the connection with safety and soundness yet. It’s 2022. Not 1982. Update your little exam manuals. Use critical thinking. Do your job.

And quite relying on WF audit. Staff up. Do your job.

If the board really wants the asset cap gone, they'd ditch Scharf and his Chase sycophants.

If they cut 25% we all know it would be the wrong 25%

You have to be part of JP club

Am in compliance and thoroughly applaud this sentiment. It’s always the same players getting in the way creating obstacles when you and the business have already figured out a compliant path. Most of them have shoddy work histories or cr---y education or spend everyone’s last atom and mental energy on hogging phone calls to go off on tangents. But they always get promoted while the rest of us solve problems so ….

I completely agree.I don’t golf, so that leaves me behind. Reminds me of the WF and Wachovia merger back in 2008 when they began inserting all these mid-level managers in positions. That was a laugh. Having a manager’s manager report to someone who has no idea what’s going on.Needless to say, most of those people retired or just left.