Pardon the interruption, Chase Bank, Wells Fargo Bank over here.
We've been suffering through layoffs for over a year now in the name of 'efficiency' and location strategy. Given the relationship between your CEO and our CEO we can't help but wonder if there are any merger or hostile takeover rumors?
@OP
It cannot happen based on deposits alone.
@ag+1jsynpywr I would agree with you normally on this but with this current administration anything is possible..regulators get fired for blowing the whistle.
Didn't DOGE do away with all the federal banking regulators? Isn't that how all the WF consent orders got lifted?
By the way, looking at the threads for both companies the topics are almost identical. RTO, coffee badging, toxic people and layoffs. WF has a layoff scheduled of the Tuesday after payday every two weeks (Monday/holiday weeks excluded), so that's fun for us.
You know how many anti-trust flags that would set off with regulators? Two of the four $1T’s merging?? Never happen.