Been hearing that there will be a round of RM layoffs on 10/17. Seems Charlie is not happy with CB leadership on efficiency ratio, well behind budget. Also hearing DE's to expand their territories, reducing the number of DE's in footprint. Cuts to be deep.
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MMB is middle market banking = (commercial or business banking) they seem to be saying that they are going to target relationship managers… crazy if they did firing them tend to cause deposits to leave the bank
What is MMB?
Ki-ling off mortgage for sure!!!! The bank is going to stick a mortgage banker in each branch to sit and twiddle their thumbs. New posting called community banker. How d-mb can Charlie be????
Which depts in MMB?
There are three post-pay date Tuesdays in October. Big month for displacements, for sure.
10/17 follows the pattern, 10/3 is another date-not sure what areas,
Division Executives.
More shitshow coming folks.
What are DE’s?