Thread regarding U.S. Bank layoffs

The regulators are toxic and they have personal vendettas against lots of the leaders in risk. Someone made a comment about how “flashy” this current group of risk leaders are related to their predecessors, who apparently lived in their parents’s basements.

@2vgc+1u3nkruL - Or risk and compliance could make rules that were actually possible to understand and follow. I’m tired of being afraid to do anything because risk won’t actually provide training and documentation to follow so people don’t have to choose between doing their job and avoiding getting their hand slapped by risk.

@1bzp+1u3nkruL

Where did you get that idea?

My guess is the person who started this topic doesn’t even work in Compliance. They probably got their hand slapped by Compliance and are feeling bad about themselves. Next time, follow the rules!

I thought risk and compliance was the only thing that us bank is supposed to be good at. If they mess that up what’s left?

Correction, the CRO has only been divorced 2x. She’s still complete white trash though, if that’s the point you were making.

@cqx+1u3nkruL

Be acquired by Wells Fargo? I have a hard time visualizing the regulators blessing Wells Fargo acquiring another bank. WF is constantly in the regulators' dog house for "bad corporate behaviors".
Citi is way too big to manage in its present form. I don't think the regs would allow Citi to acquire USB and its partially digested Union Bank acquisition.

Y’all need to get a life, this is never in the news for bad things, employees are great, and the bank and management care about the communities that serves.

Compliance is asleep at the wheel, parts of the bank are changing so fast and the only answer seems to be more audits and testing. What is this, 1980?

My guess is the bank will have a ton of regulatory findings related to change management by 2025, and be forced to merge with Citi or Wells Fargo. Win for both, WF or Citi gets market share and deposits and dumps all the cr-ppy employees and branches. People at USB who do the right thing will be recognized and rewarded by an actual bank.

Let’s sign up Ya’ll!

Lotus for POTUS…

Most of RMC leadership is not unemployable if not for USB, look at their resumes, either lifers or castoffs from other companies.

What is happening in Mortgage?

Same thing has gone on in mortgage for four years

Not in risk but have heard similar rumors. Marketing and STCA is a dumpster fire too!