Sometimes people confuse that word with simply being poor. Such is not the case though. Plenty of people with money still exhibit strong vibes of g h e t t o.
Sometimes when people are poor, they buy things (gawdy clothing, old beat up luxury cars, etc.) to appear to have money/prestige even though it's obvious to everyone else that they don't. This is g h e t t o.
That's how I see Wells. Every department is told to "do more with less" so that we can fool investors into thinking Wells is a stronger brand than it is. By cheaping out on everything, Wells wants to look more financially successful than it really is.
Offshoring, hotel cubes, junky software, etc. are all Wells' version of a rusted out Mercedes with 300k miles that can't go faster than 40mph. But hey! It says 'Mercedes' on it!
It's frustrating working for a g h e t t o bank, but the corporate job market is poor right now.