Just announced, Santander, tied up in millions of dollars in pay offs for repo'ing cars from Americans and famous for fraud in their UK banks was just announced as the best we could get... — read more 

I left Wells Fargo earlier this year and have been trying to roll my HSA funds to another financial institution. When I called Optum Bank back in July (using the special number for accounts sold by Wells Fargo), they said to just go to the new... — read more 

It's more bad news after more bad news after more bad news... And every one of the new incidents is paid for by reductions in employees... The stress seems to be never-ending... I wonder if there will ever come a time when I'm once again able to go... — read more 

Lemme guess you'll get curved wide screens and elevator desks.. Maybe even a starbucks in your cafeteria.. And oh yeah casual dress code with your perpetual layoffs

Employees will move on but what's happened to the company is more delicious than turkey.

This reorganization is nothing more than an exercise of total incompetence. They have displaced true leaders who were the backbone for support of the financial advisors. They were replaced by inexperienced team members who in some cases, never... — read more 

Looks like sr. mgt.is anticipating Scharf's axe and deciding to make staff changes before he does. Many layoffs the past few days (which will definitely continue throughout 2020). Right before the holidays. Typical Wells Fargo. If they think... — read more 

Working for Wells Fargo at the phone bank at the Shoreview, MN location has been by far the worst employment experience of my entire life. It was so bad I felt I needed to do the right thing and go online to blog about everything that happened while... — read more 

https://www.foxbusiness.com/money/wells-fargo-refund-customers-account-service-fees.amp Wells Fargo & Company expects to refund some customers for monthly account service fees due to “confusion” over how to qualify to have the fees waived, the... — read more 

Working at Wells Fargo is like riding a bucking bronco. Props to those who haven't been thrown off yet!

Wells Fargo is still a spreadsheet driven company and it's like living in 1997. Without giving myself away, they've been trying to automate my team out of existence for about ten years now, but what ends up happening is some half-@ss system is... — read more 

Charlie is crackin' some long overdue eggs! Please let Moldafsky be right behind the lead pins. Charlie is bowling through execs and span of control target is coming to fruition.

Looks like Ray used to work at JP Morgan Chase - like Charlie. Avid retiring in March 2020 - same month Alan Parker is leaving the company to explore other business opportunities.

Do you think there will be Wells Fargo Layoffs 2020? Any news or rumors?

Was it meant to tell us to be grateful and not go postal when tons of layoffs happen soon? (Moldafsky kept referring to big changes coming. Like we don't already know that now that Scharf has arrived.) It was an oddly tied together collection of... — read more 

Allen Parker is out!

https://finance.yahoo.com/amphtml/news/vendors-squeezed-wells-fargo-cost-214652125.html Nov 12 (Reuters) - At least seven vendors have given Wells Fargo & Co a partial refund for their services after bank executives pressured the contractors... — read more 

https://www.businessinsider.com/wells-fargo-willfully-infringed-on-two-usaa-patents-business-insider-2019-11 A US District Court jury in Texas has found that Wells Fargo willfully infringed on two USAA patents for the "auto capture" process that... — read more 

He’s loyal to one thing: his personal bank account. To the degree that his interests align with those of Wells, he will be a good thing for the firm. But that’s not how his compensation package is structured. He is in it for the short-term only. His... — read more 

So much talk about hub strategy. Wondering is only SF will be a hub in CA. (There's Oakland, Concord, offices in SoCal, etc.) Please only weigh in on CA if you know.

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2019-11-07/wells-fargo-ceo-scharf-to-tap-daley-to-help-repair-bank-s-image Looks like they go way back.

Lets c what bs we get today

Obviously the rumors so far have proven to be false. The silence of late is assurance that the rumors were not true and that WF is on the right path with a new leader. Glad everything is going well! :)

People wake up!!!Notice all the gripes on all the bank boards??? It’s indicative of a involving industry which is doing its best to rid itself of the human element. So you have a choice you can either die a slow death or evolve yourselves and start... — read more 

Just heard that Bev Anderson resigned. My guess is she knew Charlie when he was at Visa. One down, 56 to go.

There you go, info on Agricultural Bankers Layoffs Wells Fargo has laid off more than 200 bankers in its U.S. lending divisions in recent months, as the bank reacted to business trends and restructured some units, sources familiar with the... — read more 

Hey, a question - What are your thoughts on WF Stock performance in 2020... Just curious what people think.

https://www.google.com/amp/s/www.cnbc.com/amp/2019/10/25/wells-fargo-lays-off-more-than-200-business-bankers-in-us.html

Discussion....

https://ourfinancialsecurity.org/wp-content/uploads/2019/03/Wells-Fargo-Tracker-February-2019-1.pdf

https://theharrispoll.com/axios-harrispoll-100/ At least WF edged out cancer stick manufacturer, Philip Morris. Entire worthless management team needs to go, Scharf.

Charlie just didn’t generate results in his two years at BNY.

Charlie accepted the new job as CEO of Wells Fargo. He has great plans to make Wells Fargo the most admired and respected bank in the USA, again. Let us give him the chance to do so. Stop with all the negatives from his former banking positions. ... — read more 

https://www.wsj.com/articles/bny-mellon-vice-chairman-bill-daley-has-left-bank-11571774005

Senior mgmt & executives took the blame for hub city employees. No accountability. Absolute disgrace.

Here are notes from recent meetings. I am helping management with their stated goal of being "transparent", and encourage others to do the same. Take these for what they're worth. Pertaining to "Relocation Strategy", "workforce realignment", and... — read more 

So you gonna bury your head in the sand or try to get out? And where you gonna go? Another bank? Same is happening all over. Another industry? Good luck having that stain on your resume. Think people. Time is on your side. Get out before they get... — read more 

During the layoffs last year Wells let go some critical teams and injected risk into some places that did not usually have risk. Shareholder supremacy forces companies to make short term decisions to make their quarterly numbers and there's almost... — read more 

https://www.thelayoff.com/u-s-bancorp

Source: Bloomberg The bank’s scandals and frayed relations with much of Washington have dragged on the stock for more than three years while outlasting two chief executive officers and an interim boss. The stock has barely moved since the ordeal... — read more