Anyone have info about the rumored changes coming at the end of this month.
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People keep leaving. The top person in banking under CRG left the bank and there is no announcement about it.
I mean, both WIM and TPB have been going through changes already, and they’re also two different businesses. They cross-interact, but they’re separate.
For the sake of WFA, I hope WIM is sold to a real brokerage firm.
With an 80% efficiency ratio in WIM, something needs to be sold off.
People likely relate them because the of TPB is also the head of Banking, Lending and Trust
Not sure what a sale of Trust would accomplish?
Trust sold off to who?
Trust isn’t part of TPB, so if the rumored changes are to TPB that does not include trust. Some TPB clients are also trust clients but not all.
Expecting trust to be sold off
I’m gonna guess it’s “The Private Bank”
Guess we all know what "TPB" is...
I work in TPB and haven’t heard anything. Care to elaborate on these rumored changes?
Hope they break it apart and sell it off.