#banking

Are they still doing the Sharing Success stock award this year? I haven't heard anything about it yet.

Does any manager know the bonus numbers this year? More or less the same as last year?

Has anyone joined the BOA social program?

do analysts get a bonus? anyone have any insight?

If you got a bs rating from them altering them, did you file a complaint with hr or anywhere else? Just curious if everyone is going to let them get away with it or hang them out to dry

I know you guys have been playing with the bonus money. What does it look like this year?

Meeting is already set. Iykyk

Swiss bank UBS is preparing to start the next wave of layoffs in mid-January, Bloomberg claims based on sources inside the bank.

https://www.swissinfo.ch/eng/various/ubs-new-wave-of-redundancies-in-mid-january-according-to-bloomberg/90663445

Anyone surprised?

I was just laid off by Truist and I think the experience taught me that I don’t want to be in banking. Why would anyone sign up for a career dealing w belittlement and smearing?

I’m sick of it and I’ve been here nearly 20 years. Never did I think this place would sink so low but walked in queen of India and poof U.S. Bank is gone.

Before, we were one team. Its true. When the rubber hits the road, just about everyone was concerned about pitching in and making the bank better.
When I was laid off, I can share, some of my coworkers reached out. They were concerned. It was touching. Seriously. Some I'd known for many years. And they are the ones I miss the most. I miss being in the midst of solving problems, fixing things, and making the bank more efficient. Frankly, many times I was working against the BS administrative overhead that was put in front of me. I was blessed with managers who cared, knew my name, and valued my work. The new regime? NO. They don't care. They don't know. They brought their buddies from Citi, JPM, (you fill in the blank). None of them care, and they never will. So, my personal feelings remain. I miss what we were building just 5 years ago. I miss my peers over the past decade. I miss giving value to an employer who, until recently, valued my skills.
I'm older and have excellent background and skills. And before anyone says, YEAH BUT I GUESS NOT! since I was laid off.....LOL you have no clue. Layoffs are not based on skill, longevity (ok that one maybe) and this board is full of stories with institutional knowledge holders being let go. Wells Fargo is simply getting rid of EVERYONE that is older, knowledgeable about the bank's systems....and hiring 20-25 year old's from other countries who have faked their education. Does it matter? NO. Because I, like others held hands and tried to teach them. Then I was discarded. Wells Fargo is not an American company any longer. Most of the major banks aren't either. They are multinationals who's only goal is to MAKE MONEY at whatever cost. Do I feel bad? You bet. Wells Fargo was part of a bank that got its start as Norwest Bank and First Union. These were good banks. They grew based on their service. Community involvement. Local employment. All that is gone now. I mourn the loss of what was once a great American institution.

Chatter about a big announcement. Anyone got any deets?

Client contacts me early this morning wondering what happened. He was told I left. He walked away from the conversation with the impression my departure was voluntary. Now he's pi---d he was mislead. Smh.

Per my contract I’m fully invested being with Cisco 5 years, so I’m not worried if I get laid off since I will get pension the rest of my life. The question I have, when I go back home will they deposit my monthly payment in my India bank?

What is the estimated or projected number of lay offs for 2026?

Been hearing 12/24 as another possible LAYOFF date. Just wanted to make sure you all were aware. Got the news from my reliable source today, citing increasing market turmoil and the crash that is about to start.

Good luck everyone!

I'm a current wells fargo employee within risk in Minneapolis who is looking to jump the stagecoach. The amount of layoffs, lack of salary increases, and overall team morale is getting to be too much.

Is US bank worth looking at or is it really bad there as well?

Reminder: Check with your bank regarding the type of account you have. If you were laid-off, and won't have any direct deposit coming into that bank account, your bank may start charging you monthly fees. Ask your bank for options of savings accounts without fees if you won't have a direct deposit.

https://www.communicationstoday.co.in/us-bancorp-taps-tcs-wipro-cognizant-ansr-for-india-gcc-mandate/

Bank has kept this hushed but India’s media has let this cat out of the bag on Friday. I’m sure this post will get deleted soon but I’ll be back to make another one.

Per the news media, USB plans to open 2 Global Capability Centers (GCC) in India. The Hyderabad location will be built and owned by the bank itself while the Chennai location goes through vendors (Cognizant, TCS etc.) Overall hiring is expected at 3-5000 employees.

Say hello to Bank of India!

It’s the most recent layoff in an ongoing pattern. The bank has filed 19 WARN notices for 461 eliminated positions, and 40 more workers have been told they will be laid off in January 2026.

https://who13.com/news/metro-news/63-wells-fargo-employees-to-lose-jobs-on-december-26-more-to-come/

Heard it here first. Is a merger really in the works between BNY and _ in 2026?

And make no mistake... those that are being laid off and those that stay are both unequivocally SUFFERING ! such an awful third world environment and they insist on using words like Thrive, and Pillars and all kinds of absolute horsesh#t.
Thrive my A@S !

Does anyone know what the current status about internal promoting this year? I heard that they aren’t promoting anyone this year.

Does anyone know the pay band for Sr. VP’s?

I don’t know where it started but someone in the banking sector painted a picture with golden rainbow of return via AI. All the banks all jumped on board with such a claim so as to not be left out.

Well its not panned out for any of them at all. Now, to make the shareholders happy $ has to be found. It’ll be done by way of layoffs. The first quarter of next year for all banks will be a bloodbath. All banks that made AI promises will be passing out pink slips left and right.

I don’t know where it started but someone in the banking sector painted a picture with golden rainbow of return via AI. All the banks all jumped on board with such a claim so as to not be left out.

Well its not panned out for any of them at all. Now, to make the shareholders happy $ has to be found. It’ll be done by way of layoffs. The first quarter of next year for all banks will be a bloodbath. All banks that made AI promises will be passing out pink slips left and right.

I don’t know where it started but someone in the banking sector painted a picture with golden rainbow of return via AI. All the banks all jumped on board with such a claim so as to not be left out.

Well its not panned out for any of them at all. Now, to make the shareholders happy $ has to be found. It’ll be done by way of layoffs. The first quarter of next year for all banks will be a bloodbath. All banks that made AI promises will be passing out pink slips left and right.

So glad I refinanced and moved my accounts. Treat me like caca as an employee and you dont deserve me as a customer.

Huntington National Bank to begin layoffs tied to Veritex acquisition
The Business Journals
Mon, 01 Dec 2025 20:25:00 GMT

Huntington National Bank is preparing to begin layoffs as a result of its recent acquisition. These job reductions are directly tied to the integration of Veritex. The process of merging the two companies often results in overlapping roles and redundancies. Affected employees will experience job loss as the bank streamlines its combined operations. This move is part of an effort to optimize the workforce and structure following the acquisition.

https://www.wfaa.com/article/money/business/huntington-national-bank-dallas-layoffs-veritex-acquisition/287-e9d05913-ea3a-4079-8313-20a64524db2d

"All animals are equal, but some animals are more equal than others,"

This quote best summarizes how I would describe BNY.

Took a new role at another bank but wanted to say thanks for those who posted on here to help others.

I’m gonna miss the devoid and detached emails from Emily as she rammed a company pillar up our cheeks each Monday morning.

I’m gonna miss how they built an office with features we can’t afford because wages didn’t come close to keeping up with inflation and any merit raise covered the cost of health insurance increases.

Keep your heads up if you are still trying to get out. And remember, buy Bitcoin. Or if Robin has his way, Malaysian bonds.

Think about that for a moment. This is a bank that grew up in the midwest USA. And, now, a lot of the back office work is being moved to India. Your private information, your accounts. Why is this allowed?

https://thefinancialbrand.com/news/banking-technology/ai-will-reduce-banks-headcount-get-over-it-193732

Does anyone know the full scale of a Grade 15 / 16 at US Bank? are they geo dependent (for the scale).

I am about to most likely receive an offer for a position that the range advertised is

119 to 140K (likely to receive at 130 -135K per recruiter)

I hear the range actually goes to 160K+ (base only)

Is this correct?

https://careers.usbank.com/global/en/job/UBNAGLOBAL20250027434EXTERNALENGLOBAL/Sr-Software-Engineer-Analytics-AI

I mean, the FUD on this damn site strikes me as entirely fake. Everyone talking sh-t about risk layoffs (yet to see any big ones), now this week "more layoffs" (again, yet to see any..)

Sigh

https://www.thelayoff.com/t/1kaqkpf2t

Which one is the most important factor in layoff, is it age or salary.

Two guys with same work function - one is 60, the other is 25.
The 60 year old guy earn less than 25 year old guy.

Hi, all, St. Louis WFA office still has a large Supervision and Controls presence. Anyone have any intel, insight, or forecasts on the future of this group in St. Louis?

Do you?