Once so, branch managers will actually have to work!
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I’m just waiting for the regional service advisors to go. These leeches have consumed enough salary over the past 20 years for doing absolutely nothing.
There will be a slow shift over the next decade to more online activity, but that has its limits. No one is doing an online Mortgage for a million. Also keep in mind Wells Fargo is #1 in Retail, no other bank comes close in the retail space, they're wannabe's. Places like JPM and BOA have great financial numbers with risky corp finance activity that is here today gone tomorrow. Look at Deposits they are sky high and customers have a burning itch to spend as the market reopens. If anything the next 10 years should be huge for retail.