I see the FLIV team is going to be absorbed by EBCE, BCM and IT&V . They just created this team 3 years ago- always moving things around like a game of chess.
11 replies (most recent on top)
ITV is just optics. The function was created to create a show for the regulator. ITV management took advantage of WF’s vulnerability and built armies of armies. Mediocre talent got phenomenal career rises for doing trivial work with zero impact. Now they are holding WF hostage be creating smoke and mirror tie ups with MRAs and Consent order work. Just to be clear, I am appreciating their conniving leaders who got the best of Wells. If given the opportunity I would have done the same.
What a waste of money it was creating FLIV
per @1xbs "They were just as good as some BEC asking for data so they can make a .PPT."
You know high school kids can do that in 15 minutes using coPilot/ChatGPT. The bank is using AI -- isn't it?
Well, if you are not familiar with FLIV no big deal. It’s a team who would verify artifacts around sustainability testing prior to IA validation. They were just as good as some BEC asking for data so they can make a .PPT.
Hopefully EBCE will be next
Chess… more like checkers
Front Line Issue Verification. The best move the bank has made in years and now they are getting rid of it.
We know as much about this acronym as OP apparently knows about chess.
Come on with this stuff. 80 plus percent of us have no clue what you’re talking about.
Are we just making up acronyms now?
Best news of the week