#banking

Something is happening today, is it the bank reorg?

Has anyone created a voice recognition profile on teams to suppress background noise?

Admittedly, I don’t know much about the stock market or these RSUs. But whenever I log onto the Fidelity app, it shows there’s 6 RSUs to my credit. I thought it was 10 given to us back in 2023. Can someone explain without being a pr--k?

When do they discuss year end bonus? Manager already discuss the new comp but not about the year end bonus.

Lot of chatter among bankers about big M&A coming. Anyone hearing similar?

Curious how people usually spend their measly bonus? Do you put it in savings, book a vacation, pay bills?

HI - can someone who has access to the in office attendance tracking tool please let me know the week starts for the 6 week cycles? is Feb 1 2026 a cycle start?

What’s the typical bonus amount for a Sr. Lead Bus Execution Consultant?

https://www.cnn.com/2026/01/22/business/jpmorgan-chase-trump-lawsuit-debanking

So he and his son is friends with Citibank :-)

Seems like they taking their time this year. Anyone heard anything yet? Curious to see how bad it is.

https://www.axios.com/local/charlotte/2026/01/16/bank-america-wells-fargo-ai-job-cuts

https://finance.yahoo.com/news/bank-america-ceo-confirms-gen-133000077.html

WTF is up with your job reqs? Applied for a job (perfect quals on paper), went through Recruiter screening then to hiring manager (a B3) interview. Job description they provided was nothing like the posting nor what the Recruiter described.

This is an ominous sign. https://www.politico.com/news/2026/01/17/trump-jpmorgan-debanking-lawsuit-00735544

First quarter of 2026

$40 per share

Is this true? Biggest employers are replacing some workers with All Indians?

https://www.axios.com/local/charlotte/2026/01/16/bank-america-wells-fargo-ai-job-cuts

Seems like another way to combine and cut eventually

Here is a video that outlines her layoff plan during this skit. You can even see her picture on the wall at the beginning of the vid. If you listen really close you can even hear her voice. “Hey, that’s me….that’s me at the top.”
.
https://youtu.be/K7ISnXf6Geo

https://www.reddit.com/r/AmericanTechWorkers/comments/1qcy0zb/h1b_abuse_in_farmington_hills_michigan/

With those great numbers that BM just shared, the bonuses and raises are going to be up significantly. Right?

Take a look at the Goldman Sachs site on The Layoff. There is barely one post per month. Yet look at all of us over here at BNY… it really says something. I’ve heard they’re just as bad, but it’s something to think about.

Comerica confirmed it will cut 184 jobs at its Frisco Star Tower site, according to a filing with the Texas Workforce Commission, following shareholder approval of its nearly $11 billion merger with Fifth Third. The company has not announced further layoffs in Dallas.

https://www.keranews.org/business-economy/2026-01-09/comerica-bank-lay-offs-frisco-fifth-third-merger

Some groups in risk and compliance are getting as much as a 20% axe. Isnt this fun? What could go wrong with a bank cutting risk functions? Lets bet it all on red! Trump, that is.

Any layoffs today

Good luck with interest rates for the next 3 years. Be like Powell.

https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm

January 11, 2026
Statement by Federal Reserve Chair Jerome H. Powell

Good evening.
On Friday, the Department of Justice served the Federal Reserve with grand jury
subpoenas, threatening a criminal indictment related to my testimony before the Senate Banking Committee last June.

The threat of criminal charges is a consequence of the Federal
Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President.

This is about whether the Fed will be able to continue to set interest rates based on
evidence and economic conditions—or whether instead monetary policy will be directed by political pressure or intimidation.

I was watching this movie and it hit me on how well that phrase represents the bank today. I am generalizing here but for the most part it seems that our lions (level X) are being led by a bunch of lambs (level X-1) all the way up top to the CEO (level 1). No wonder the alignment seems OFF and nothing makes sense anymore.

In fiscal year 2025, Wells Fargo Bank filed 638 LCAs for H-1B visas, 177 labor petitions for green cards, and 230 requests for prevailing wage determination.

https://www.myvisajobs.com/employer/wells-fargo-bank/

Historically, what is the typical bonus as a % of salary for 602 in CIB credit risk.

More layoffs this year

It’s coming

Do you enjoy your actual role and what you do for the bank

Comerica’s CEO framed the merger as a move toward innovation and growth, but the deal is also expected to bring layoffs. The bank has not disclosed how many Michigan workers could be affected, saying it is focused on creating a stronger, more competitive organization.

https://www.woodtv.com/news/michigan/layoffs-likely-as-shareholders-approve-fifth-third-acquisition-of-comerica/

Have you heard about it anything at all?

Very dangerous

Citi may make a new round of job cuts in early 2026

Citi isn't commenting, but multiple sources say the bank is preparing for a new round of job cuts in early 2026. The cuts are expected to be firmwide and to cover markets, banking and wealth management.

Other than a lot of buzzwords, what the he-l does it actually mean?

Does it seem like most new Technology hires (senior level) are from Bank of NY? From what I understand after talking to some colleagues over at BNY, they weren't sad to see them go. Now they're WFs problem...

If out on maternity leave is your manager required to connect with you to communicate bonus numbers before the payout? Has anyone experienced a similar scenario?