Well here we go. Was just on a call with the COO, HR, Legal and others where RTO status was being discussed and it was confirmed, 4 days in office with 1 day remote is going to be mandated, they are just working out the messaging and timing.

That Wells Fargo has been described as a “corporate recidivist”, the most problematic repeat offenders of all banks; and we are donating $60 Million to an Anti-Recidivism Program for criminal offenders??? 😏

Let's call them facilitators, hyperfocused on their own job security that they do their best to be as frictionless as possible w/ upper mgmt. Oh my how awful it would be to contribute one's own thoughts for improvements upstream! Instead we wait for... — read more 

Reports that fraudulent bank accounts have resurfaced at Wells Fargo are lies. We have a rolls and rolls of documentation available for “know your client” controls in all our toilet stalls.

Hearing hubs are getting one single screen instead of the dual monitors? Who’s the id--t that thought of this!

A closer look reveals that developers are shouldering the automation testing responsibility without genuine interest or expertise in automation. While this cross-functional approach seems practical on paper, it often results in automation testing... — read more 

Busy, busy, busy - Our leaders diverting the public with ridiculous amounts of visible activity and chaos masking minimal movement forward. The three-ring model ensures that the show goes on, and exploited customers and investors are regularly... — read more 

If the 8/8 potential news is true, stay strong, positive thoughts. Good people working in the group.

Treat them well or all is lost! Hoping execs understand this very soon!

We can see from the lost deposits how good that solution is. Keep it up Charlie..

Wells is such a feast for the fraudsters. It is now public knowledge that despite spending billions on RCSA they don’t have basic controls for opening fake accounts, fraudulent payments, missing deposits … risk management is a con here … this bank is... — read more 

Does our Marketing Team read the news? Doing Gets It Done We're the bank of putting people and communities first. The bank of rolling up our sleeves and getting involved. We're the bank of walking the walk and taking action. That’s the... — read more 

I don’t get a sense agile really took off. Thoughts? Where is RC the guy that came in and basically hired a bunch of people that never worked in a regulated industry before to push out his version of the truth. I hear he’s in corporate properties... — read more 

There once was a king named Charlie. He feasted on steaks while the peasants ate barley. He thought he would be the successor to Jamie. That tuned out to be a load of cockamamie. He took his failure out on his new kingdom by destroying their... — read more 

I as well as many of you will be laid off on 8/8. Many of you don't know it yet. I got pre-notification. If you are in a non-hub location, you are toast.

Everyone’s so creative! Yet another attempt by tech to reinvent the narrative around the fact they are woefully overbudget and can’t deal with today. It’s all well and good to talk about optimization and client and customer trust (a personal... — read more 

WF is synonymous w/incompetence and untrustworthiness. It's not that difficult to do the right thing and serve customers' banking needs. However, WF has not made it a priority to do so, and therein lies the problem. CEO and his cronies are grifters... — read more 

As a cost-cutting measure, I kicked 2 of the kids (girls) out of the house. Someone reported me to CPS, so I made a generous contribution to Big Brothers Big Sisters of America. Legally adopted a fully grown man from India. (Needed cheap help... — read more 

Anyone aware if this location is remaining so far? Expected to close?

https://www.wlox.com/2023/08/04/wells-fargo-bank-customers-report-missing-deposits/?utm_source=twitter&utm_medium=social&utm_campaign=snd&utm_content=wlox

We are preparing for the next non-hub layoff. Outside of San Fran? Remote in MN? St-----g it in Colorado Springs? Think you’re safe in Winston Salem? Watch yourselves. I have no proof other than teams preparing.

It's time to get the stock price up, reduce expenses, and trim some heads. Charlie needs to clean house further to improve efficiency ratio and drive more productivity and results so that folks step up and execute or lose their jobs. Way too much... — read more 

Are there any consequences for inconsistently meets ? Thinking about dropping down a level!!

https://www.mercurynews.com/2023/08/02/wells-fargo-accused-of-new-fake-accounts-scam-in-lawsuit-alleging-racketeering-identity-fraud/amp/ abuses, and refunded tens of millions of dollars to customers that year over fees for “add-on” products... — read more 

“The base salary and incentive pay for Wells Fargo & Co. chief executive and president Charles Scharf was unchanged in fiscal 2022 — confirming what the bank’s board of directors took the unusual step to announce on Jan. 27. ****However, Scharf’s... — read more 

Typically the company deposits my paycheck on Wednesdays. So far it hasn’t happened yet anyone else experiencing the same issue that gets early pay?

Thoughts?

Post from yesterday was taken down, that should have you curious. Any news from the Charlotte risk offsite?

As Dimon protogé, CEO probably wants WF to fail. Well done, BOD.

That is why regulators won’t lift the assets cap and that’s why Charlie gets irritated when analysts ask about it. The second line of defense is not independent and despite all the superficial enhancement nothing is different. Regulators didn’t... — read more 

Big cuts next Tuesday. Especially in Risk and Controls.

Isn't it libel & slander if it's not true? If it affects bonus, job & merit increase, there's an economic correlation. This is a class action waiting to happen. Poor Risk Management on the Bank's part. Has anyone considered taking legal action on the... — read more 

Wells Fargo Aims to Provide up to $60 Million to Concordance Program with Money Surreptitiously Gained by Terminating their Own (Innocent) Employees https://finance.yahoo.com/news/wells-fargo-aims-60-million-153000945.html

Why are there so few mature, seasoned managers capable of making good decisions? On most of the teams I've been on, I've seen managers not knowing who is doing the work, easily taken in by the "BS artists" on their teams, very susceptible to ego... — read more 

Seriously. What’s the deal? We literally seem like a façade/sham line of business. Our leadership gaslights our importance on every conference call and All Team meeting (thanks for the nothing burgers Tanya). Who’s going to finance with a dinosaur... — read more 

Anyone have details on why employee move from WEC to Tower in Winston-Salem was abruptly cancelled? Thanks.

Does anyone know, if a mortgage HUB is being closed. Will the HMC'S in that HUB get laid off if not close to another? Retail HMC'S are basically fully remote already, and most very rarely go to the office.

Why is their so much background noise on your calls? It sounds like you are working in a restaurant or a day care most of the time. Seriously though, why can’t you be more professional with the time on calls and reduce that background noise? — read more 

Not to toot my own ho-n but it fills me with pride to say that we have setup a best in class policy framework in Corporate Risk. We have truly outdone ourselves. Now any Tom, Di-k or Harry, anywhere in the world, in first or second line of defence... — read more 

Go search LinkedIn for #WFVolunteers. It’s just pages and pages of the same two posts. Copy/pasted by all forms of employees engineers, tellers, hr, analysts, etc… Are these bot accounts, or is there some script that is passed around?