Thread regarding Wells Fargo & Co. layoffs

Anyone who wants to get into banking has never spent more than 10 minutes talking to someone who works on the regulatory side of the business ––– brutal.

Dumbest post of the day. Congrats

id––t post of the year here.

Microsoft would buy WFC to use all the deadwood as source of heat during winter months

One of the craziest post yet and there are a lot of those here.

there are not FinTech's. A finTech does work for banks, like maintain processess/systems, so one may steal all the tech services and manage for wells.

Berkshire Hathoway has tons of companies along with a FinTech, perhaps that is more reasonable assumption than the top tech companies wanting an obsolete bank

In order to laugh, one must be presented with something funny. Try harder next time.

MERGER = TONS OF LAYOFFS. Very bad idea. Top executives at acquired company are first to "go bye bye" too.

Okay first of no. Do you have any idea how much regulation and laws a financial companies have to follow. Warren Buffet never owned more than 10% of Wells Fargo because he would then have to follow financial regulations. No big tech will ever get involved in the world of Finance because the amount of hoops you have to jump through.

Does no one have a sense of humor anymore? Come on the bank names were a dead giveaway.

Soooo, traditional brick–and–mortar bank + technology company = FinTech? I don’t think so.

You Big Dummy! Microsoft does not have a national bank charter. Not any company can just merge or acquire a national bank. Go away! Speculative Horse s––t.

I don't dismiss any of those scenarios out of hand, but I also don't think that regulators would ever allow any of those acquisitions to occur.

I want some of what you are smoking.