Like the whole market could be imploding (and it basically is now) and not a single CRE banker/portfolio manager/VP etc ever gets cut.
I should have started in that group. Total and complete job security.
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CRE has to RTO 4 days per week. I would never even consider applying there for that reason alone.
Not true.
All groups will have their time
Hiring for underwriters has ramped up in India. CRE is definitely not immune right now.
I don’t work in CRE, but it is objectively one of the few areas where Wells Fargo dominates.
This is like asking why JPMorgan doesn’t shake up its card business.
OP--you would not want to work in that LOB---they are groups of cliques and backstabbers.
The ax will fall soon