How long before the head of Whole Sale and Head of CIB get the boot? I think they are the only 2 top executive directs that are left from the old regime.
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Since when is Greek NOT white? What kind of stupid sh– is that?
I’m American, nit White if that is the case.
1jwu+16G23TRQ
Einstein, Pelos is Greek. Last i checked Greek is not "WHITE"
Can somebody please send D: @1nzt+16G23TRQ the email on the dissolution of Wholesale? Definitely struggling with that information.
@1kun UpChuck seems to really like Mary Mack so she may last a bit longer. Perry seems to be embracing Bohemia in his last photo. I do think that Perry has done a decent job in a thankless world so I bet these three will stay for a while. Mostly because The Mellon Chasers have yet to infiltrate these areas.
I will bet they will continue their "transformations" in the other areas then cherry pick other areas. I am most interested in seeing CIB integrate CRE.
Again Wholesale is no more. In February Chainsaw decided to break up Wholesale (CB, IP, CIB) up. WFS and CRE give or take became CIB. The rest of what had been Wholesale had TM (Had been part of PVSI) re-added back in and became Commercial. IP went over to Finance.
https://www.bankingdive.com/news/wells-fargo-splits-wholesale-consumer-banking-units/572178/
Yes, Pelos, Weiss and Mack are the 3 top Executive leftovers that are left from the old Regime. I also expect them to retire by next year to spend more time with their families.
@1wgn+16G23TRQ You fool, read my post. I only said there's an LOB for Wholesale. Comprehension not your thing? You are the reason society and humanity are in a death spiral. But you keep on trollin' sweetie. You're just precious.
@1dhn you must not pay attention because Chuckles split Commercial and CIB and that is what a lot of the Move The Line is. If you did not know this then you are the reason this place s—s.
In case you have not paid attention we are now EMPLOYEES not Team Members. Oh and lots of people from JPM are in charge. Glad to help you out while you sit in the dark like a mushroom
Pelvis moved to Portland a few years ago where he built a vineyard. As soon as they downsize Wholesale and the stock moves back up, I expect Pelos will retire. Anyone know who’s left at JPM that would run Wholesale/Commercial?
@1jqn is correct
Wholesale was broken up into two pieces. Corporate Investment Banking under Weiss, and Commercial Banking under Pelos. Treasury was moved back into Commercial from PVSI. So Wholesale doesn’t exist anymore.
:@1jqn+16G23TRQ
You're obviously not an employee and talking out of your a–. There is an LOB for wholesale. I just transferred from it.
Perry Pelos is a white privileged man. How you would think he is ethnic is beyond crazy. You must not be a Wells employee cause we see his white face everywhere look at his teamworks pic. Also wholesale is one word.
Not true, Mack and Pelos are left, maybe others. I don't see these two going anywhere soon but I wish Mack would.
Weiss will be chopped soon enough as he’s not only one of the last from the prior regimes but also a white guy. Pelos I believe is not white so probably a better shot considering chainsaw is on a jihad for diversity
There is no Wholesale - I think you mean Commercial. My guess is they will stay for at least a year, Perry will be used as the hatchet man and then once the stock price goes up he will retire to spend time with his family.
I bet Jon Weiss is praying they sell CIB to get away from this cluster