Thread regarding Wells Fargo & Co. layoffs

What is the head of Wealth Management, Barry Sommers, Special Update call about today?

Are they selling the Wells Fargo proprietary mutual funds? What is Barry going to announce?

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| 3402 views | | 9 replies (last October 2, 2020) | Reply
Post ID: @OP+17cx2BYe

9 replies (most recent on top)

Better selloff brokerage or the good FA's will be leaving in droves. Lot of money out there to help ease a transition and most of their clients will be glad to follow with WFC in the news every day!

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Post ID: @2rvw+17cx2BYe

So WIM is no more? Just WFA? Are they gonna sell off brokerage?

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Post ID: @quy+17cx2BYe

And the Sh– show continues. Jim Hayes (Mr Incompetent also failed at Merrill) is going to be head of all wealth. What a joke! He can’t find his a– using both hands. Wonder if HR knows his bro in law was hired by him? Until we end the “feel good culture” and eliminate the current mgmt structure we are doomed to fail. Ask yourselves why Warren Buffet sold so many shares, and he is a liberal.

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Post ID: @psu+17cx2BYe

Please attend and report back.

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Post ID: @isz+17cx2BYe

It is consolidation into one common structure

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Post ID: @vug+17cx2BYe

Consolidation of 3 business groups

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Post ID: @vsb+17cx2BYe

It’s to announce extension of the WFH to Dec 1

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Post ID: @dvr+17cx2BYe

The shoe about to drop?

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Post ID: @sgo+17cx2BYe

Um wait and hear...

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Post ID: @pac+17cx2BYe

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