Thread regarding Wells Fargo & Co. layoffs

Execs being bloated

I just can’t help myself and thinking that with the executives getting bloated and everybody getting laid off that this bank is getting ready for a JPM takeover.

Thoughts?

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Post ID: @OP+1rqf5NZi

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Jpm could absorb the brokerage. To your point wells can't merge with anyone with the consent decrees and asset cap, but a sale of the brokerage might be feasible to jpm. They don't have a brokerage. I think the share price and braunstein, an m and a guy reflect hope that Wells can do something radical.

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Post ID: @eud+1rqf5NZi

Regulators would not allow it.

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Post ID: @kio+1rqf5NZi

If they wound down or sold off enough LOBs and took it down to just a few core banking businesses, a merger could be possible. At it's current size and complexity, no. Then again, is there any evidence that Shart wants to keep the bank as large as it is? I don't see any.

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Post ID: @jni+1rqf5NZi

Wells is waaaay too big to buy. And there would be a massive amount of regulatory hurdles.

I just don’t see it.

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Post ID: @iei+1rqf5NZi

Even I am got same doubt, did they already sell and is this a pre-planned takeover by JPM?

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Post ID: @ybd+1rqf5NZi

No wonder the bank is in trouble. With geniuses like yourself. SMH

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Post ID: @zsq+1rqf5NZi

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