https://www.zerohedge.com/markets/banks-celebrate-record-high-stocks-most-layoffs-2015
7 replies (most recent on top)
Gets even worse when you go back 2 years.
Jan 31 2018 stock was at $65.78
Today the stock is at $53.92
Stock is down 18% since the peak.
Short version, fraud is bad mkay.
Yes, by all means take a good hard look at the stock price.
The overall S&P 500 is up 20% for the year
JP Morgan Chase and BofA are hitting all-time highs.
Meanwhile WF is up a whopping 7% for the year.
WOO-HOO. Go Wells Fargo!
Exactly. Look at your stock price over 2019. What a joke you are
The economy was on fire all year in 2019. What planet are you on...
Ah, the NIMBY guy below. Just wait. Chainsaw charley is going to tear this place apart.
Most of the cuts, by far, were in Europe.
To summarize the economy has slowed and in 2019 about 80,000 jobs lost in the banking industry.