Why isn’t anyone asking why all the JP Morgan execs can’t wait to get out of there?
There seems to be a mass exodus, and yet we are being “led” by the protege of JP Morgans’s CEO.
Does anyone have any concerns that we are mirroring JPM nearly lockstep, and yet people over there can’t wait to jump ship?
Why do so many of you think this is something new. My guess is because many of you are ignorant as to how Corporate America and specifically major financial institutions operate. They have always been a revolving door for executives to fast track career moves. Stop being stupid and trying to fight what has worked for so long. Can't you see this is tearing our economy and our country apart.
Everyone has the same opportunities. Quit being jealous and make something for yourself. If people hate were they are, be it a business or a geographical location, then move. What a complete waste of energy to fight everything in the name of a free ride.
I promise if you leave we will not miss you!!
It's money, come on. If you get recruited and given a fair bit of autonomy/empowerment + a bunch of money you'd be d-mb not to take it.
They are leaving JPMC because they screwed thongs up there and getting out before it implodes, just like they will here at the appropriate time.
That Charlie! He’s quite the double-dealing Xenophobe. He makes the decision to stop our Financial Advisors from doing business with the entire globe, except for the U.S. Because apparently only people within the US can be trusted. (Unless we are saving money by offshoring to a third-world country. ) Is that another one of his “unintentional biases”? Apparently other big banks can handle international business, just not WFC under the leadership of Charlie.
And then he creates yet another highly paid executive position for a buddy from JPM to lead our bid for “diverse”clients, but only if they live with the US. According to Charlie, diversity does not include clients of different nationalities and ethnicities.
You have family in Italy or Ireland or Germany? Sorry - they just can’t be trusted.
Yay. The ones we already hired are doing a TERRIFIC job so far....
what exactly does "Diverse Client Roster" mean?
I liked it when it was the former executives, they looked for a healthy spread for risk and were cheap bastardsm,straight forward and logical. Now its all about political kick backs to the woke crew and bs and paying for executive who's job's are to do bogus work.
Hey Charlie, just keep hiring former JP and laying off WF stiffs. What was that ratio? Hire 1 6 figure friend from JP and layoff at least 10 WF stiffs? Oh, yeah, and did we forget to thank you?
Some probably come here for for money and then go back for even more money…almost stupid not too
The CEO and his OC mantra is do as I say, not as I do.
"God knows they never get rid of lazy TMs with attitudes."
There are no TM's at Wells Fargo tho....
Yes, where have you been? We all know the B TEAM is being poached, given top pay/stock options and guess what? They aren’t going to change a dang thang. We will still have outdated tech and the same problems we have since the 90s. They get here and cant even comprehend how complex things are, to run such a behemoth of a company. They offer no solutions. Just regurgitated BS. Meanwhile, we are all supposed to do more work with the same pay as we watch our peers get let go for no reason. God knows they never get rid of lazy TMs with attitudes.
I guess “cutting costs” only applies to worker bees. It’s okay for Charlie to pay more for his friends.
Probably the main factor is that Wells Fargo is dangling out more money