Wells Fargo is still the biggest corrupt sham on earth where those in power use their power to make sure they don't lose their power... Anyone dares to disagree is insubordination and not a team player, and suffer bullying, threats, setbacks and consequences... it never end up well .
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@tnn+1bD7W8F7 it's not getting lifted. That's why there was a $22B buyback of stock and an increase of dividends. They are cashing out for the stockholders while there are funds and assets. WF will not exist as it is now in five to ten years, if it exists at all.
Wells Fargo is the only bank under an asset cap.
It’s been in place for than three years.
There has been no announcement about when it will be lifted.
That is everything you need to know about the regulatory problems, those are facts not opinions.
Lmao the mental gymnastics the bootlickers in this thread are doing to defend this rotten corporation
Those are separate job titles. She was, from most recent to previous titles:
- Head of EMEA, Wells Fargo Securities
- CEO Wells Fargo Securities International
- Independent Non Executive Director at Wells Fargo Securities International
Her LinkedIn specifically says:
“ CEO Wells Fargo Securities International
Independent Non Executive Director at Wells Fargo Securities International”
Maybe there's a reason the former "executive" isn't here. I doubt it's regulatory issues. Nobody can do anything right now because everyone is afraid of regulatory issues.
Or it's isolated to this random group in the UK.
Btw...I love how the media calls everyone an executive.
Bye Alicia. Sorry, but if it was 'literally' the mafia you would have be wacked. Doesn't mean people aren't going bad things, but hyperbole isn't helpful.
Everyone knows this is bull. There are plenty of remediation projects going on and regulatory issues have been greatly reduced.
It does that in other areas as well.
I'd never heard of Alicia Reyes before this article.
Monkey see, monkey do. Apparently Chucky took the example of another New York resident, who left before the indictments.
Link not behind a paywall: https://thehill.com/policy/finance/561317-former-executive-wells-fargo-acted-like-mafia-to-suppress-internal-critics
“ A former chief executive for Wells Fargo’s European investment bank criticized the lender’s other executives, claiming they acted like “a mafia” and were not addressing regulatory concerns, The Wall Street Journal reported.
“It’s like a mafia, literally,” said Alicia Reyes, who left Wells Fargo in January 2020 and spoke to a former contractor during an April 2020 call, according to the Journal. “This place is just a scheme. There’s no intention of actually solving problems or building things. There’s just smoke and mirrors and a coverup.”
“The pile of regulatory problems that they have is so large,” Reyes added, according to the Journal. “There are much bigger issues that they are also sweeping under the carpet.”