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Read the article referenced. Appears past issues from CFPB stemmed from WF auto lending. So yeah, let's just move the whole darn operation to India - that'll solve the problem! Below is from this exec''s LinkedIn post:

Sumit Sukhramani
• 3rd+
CIO - Head of Auto Lending Technology, Consumer Lending Technology at Wells Fargo
2w • 2 weeks ago
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The time spent with Consumer and Auto Lending business and technology team in Bangalore and Hyderabad was incredible. The customer focused solutions, adoption of banking product and platform architecture, learning journeys and innovation resonated loud and clear in every conversation.

Another highlight was having the Head of Auto Lending, Tanya Sanders and Head of Product & Innovation, Puneet Chandra join me on this visit. The level of excitement and engagement from teams was high and it was evident from the floor walks and Q&A at the combined townhall. Yes, we all dressed up in Indian ethnic wear!

We have exciting things lined up and #oneteam - product & technology is positioned for delivering customer delighting products #bankontech

In Hyderabad, the Consumer technology team spent time volunteering at Anudip Foundation. It is a skills and career development center which provides computer, finance and business training to marginalized youth. Our time was spent conducting mock interviews and coaching on - soft skills related to leadership and communication. This is an uplifting initiative and I applaud the support provided by Wells Fargo.

The tech here is a fu----g shitshow, but hey SvB got some stupid a-s award and is still slurping his coffee and TK is right below him slurping on something else
#bankontech