Thread regarding Wells Fargo & Co. layoffs

Merger

Would a merger with another (more stable) bank help us?

by
| 1446 views | | 10 replies (last September 23, 2020) | Reply
Post ID: @OP+1748ksuB

10 replies (most recent on top)

Microsoft cant afford even Tic Toc

by
| | Reply
Post ID: @1qfe+1748ksuB

Any activity would not likely be a "merger" or even an "acquisition" of the entire WF footprint. It's far more likely that the core business lines would be broken up and sold off as separate pieces. That would make it more digestible for smaller banks to participate in the activity of buying pieces of WF business, growing themselves, and forcing the legacy WF systems and processes to go through a maturation process.

by
| | Reply
Post ID: @azd+1748ksuB

It would be similar to Johns Hopkins merging with the plague (WF). WF is a parasite and will consume more than it contributes (see last earnings call).

by
| | Reply
Post ID: @wvg+1748ksuB

Goldman Sachs or Microsoft.

by
| | Reply
Post ID: @ppi+1748ksuB

no this would be a monopoly and is not legal

by
| | Reply
Post ID: @tyk+1748ksuB

No, I don't think so. Mergers and acquisitions is how the mess came to be to begin with.

by
| | Reply
Post ID: @lgr+1748ksuB

that would have to be approved by regulators and i doubt that would get a green light.

by
| | Reply
Post ID: @sma+1748ksuB

yeah that should stem the layoffs.

by
| | Reply
Post ID: @swc+1748ksuB

There is no other bank that would want to merge with this dumpster fire of an institution. The rest of the banking world, maybe with the exception of Deutsche, is doing fairly well in the current environment. Wells has been living in a bizarre other world for a long time and is now crumbling.

by
| | Reply
Post ID: @myv+1748ksuB

Merge with AMZN. Oh and by the way, you can't monitor the stocks I buy, Wells Fargo. Screw you!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

by
| | Reply
Post ID: @bgs+1748ksuB

Post a reply

: