Thread regarding Wells Fargo & Co. layoffs

Party like it's 2008

https://www.forexlive.com/news/there-are-some-serious-rumours-doing-the-rounds-about-a-major-bank-failure-20221002/

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| 1842 views | | 9 replies (last October 4, 2022) | Reply
Post ID: @OP+1j1Bv6aF

9 replies (most recent on top)

What does any of this have to do with Covid? This bank is a bottom feeders wet dream, credit risk is no different. The idea that anything in it is “best in the industry” is hilarious.

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Post ID: @1yvr+1j1Bv6aF

@1mae+1j1Bv6aF

Keep crying because your long COVID vacation is over pal

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Post ID: @1dos+1j1Bv6aF

Sounds more like a delusional member of the credit risk team. Save the self affirmations for the bathroom mirror

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Post ID: @1mae+1j1Bv6aF

@1ovl+1j1Bv6aF

Love your optimism!

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Post ID: @1cad+1j1Bv6aF

This place is dead last for going under or credit risk. This place has by far the best credit risk team of any bank out there. Also just think they haven't been able to grow their asset cap which means they pruned all the worst stuff to work under the cap, in the last couple years, exactly the best time to not grow a balance sheet. Tons of sales capacity and they've picked the best stuff to put on the books. This is by far the most valuable bank out there, just hidden.

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Post ID: @1ovl+1j1Bv6aF

@iab+1j1Bv6aF

Bankers gamble.. lose a lot of money putting a European bank the size of Wells Fargo at risk of collapse.

Contagion appears to be spreading to UBS now.

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Post ID: @1ozm+1j1Bv6aF

Credit suisse really screwed themselves with Archegos

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Post ID: @aod+1j1Bv6aF

Old news. We already know about CS (the bank). Was hoping it was WF.

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Post ID: @zcx+1j1Bv6aF

TL;DR version?

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Post ID: @iab+1j1Bv6aF

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