I know a lot of people from Wachovia that are great people. The bottom line is Norwest was a regional bank who acquired Wells Fargo, kept that name and then grew too big too fast. The acquisition of Wachovia made it burst at the seams. World Savings... — read more 

The bank has to pay the multi-billion dollar fines and legal bills regardless of who the CEO is. I wouldn’t count on layoffs being put on hold. A new CEO might want them done, especially at lower levels, before he or she comes on board so that... — read more 

They should be imprisoned.

https://www.marketwatch.com/story/why-companies-from-t-mobile-to-sofi-wants-to-get-into-banking-2019-04-19?mod=mw_theo_homepage

Wells Fargo knowingly helped Ponzi scheme, lawsuit claims Troubled banking giant Wells Fargo helped an investment company execute a $135 million Ponzi scheme, a new lawsuit seeking class action alleges. “The scheme depended on the knowing... — read more 

Layoffs could be on hold until a new CEO is appointed. This. I'm guessing we might be safe until the new CEO arrives and starts implementing his vision. Then all bets are off, because as we all know it, most of those visions include savings through... — read more 

https://nypost.com/2019/04/18/wells-fargo-accused-of-misleading-homeowners-in-mortgage-crisis-aftermath/ Wells Fargo is being accused of misleading homeowners who were seeking to lower their home payments in the aftermath of the mortgage crisis. A... — read more 

All the rumors are that tomorrow is the day sites like Frederick are announcing their closure. Yet, there is a brand new Frederick job posting today. Best of luck!

I hope they continue to terminate, lay-off, and sodomize all of the WF c---roaches that have scurried off into various corners of the bank.

https://www.reuters.com/article/us-wells-fargo-regulators-idUSKCN1RL2XK WASHINGTON/NEW YORK (Reuters) - The U.S. Consumer Financial Protection Bureau (CFPB) has told Congress that “all options are on the table” for enforcing a 2018 consent order... — read more 

https://www.mercurynews.com/2019/04/15/wells-fargo-knowingly-helped-ponzi-scheme-lawsuit-claims/

Give me a break. The majority of these woman have worked at a financial institution from 4 years to 14 years. Yes I said 4 years of banking experience. What a joke. Time for the Board to be replaced.

This is the same leadership who wants employees to shut up and get in line, or be let go. No dissention or disappointment allowed. How dare employees have the audacity to be upset with leadership for taking this well-respected company that employees... — read more 

Wells is selling off the entire co. in pieces and parts. Right now, trying to stave off core business selloff. But Wells already has plan Bs and, like an escape hatch, will use them -- as execs land safely on ground with their golden parachutes while... — read more 

Of course they’re going to say things are improving. What can they say - things are getting worse? One thing you might want to ask them is if you will be expected to come in and start cutting people. I’ve seen it happen where they brought people in... — read more 

I worked there during the criminal years and saw it all. Wouldn’t cheat, was threatened, blew the whistle, was retaliated against, resigned. The usual. But as I speak to people that I know that have continued to work they’re the sentiment ranges from... — read more 

I was packaged out about 4 months ago in one of the many layoffs. Now I’m being courted by WF to return as a local leader. What would it take to return to WF? I know management keeps saying things are improving, but I’m not sure sure they know what’s... — read more 

I heard that business payroll is being sold now. Any one have details on this? We’ve not heard what happens to the people in the group

Over the weekend I took a stroll down by Fishermans Wharf in San Francisco and ate some delicious foods. I felt peaceful, content, and grateful that WF execs and the bank are in deep trouble and chaos.

First it was right after the holidays, then February, then March, and now we’re in April. And my group is hiring like crazy. WTF? When will this nightmare be over?

https://www.cnn.com/2019/04/09/investing/wells-fargo-selling-retirement-principal/index.html We get the in house email same time it hits Google.

When I worked at WF there was large scale Pcard embezzlement and collusion among employees to use the company credit card for personal expenses, i.e. food, vacations, and other personal expenses. Has the bank begun the auditing and restricting use of... — read more 

Duke is a snake. The fact that she is head of WF's board is beyond disappointing. What a mistake. Trust no one. There is absolutely no transparency. We're just mushrooms. They keep us in the dark and feed us sh*t. Duke has to go!

Wells Fargo needs it's older, more experienced employees. https://www.aarp.org/work/working-at-50-plus/info-2018/older-workers-programs.html Good News for Job Seekers Over 50 Employers are going after older workers with new programs by Shelley... — read more 

Any meeting invitations go out late last night for anyone?

Wells Fargo is purging older workers in the latest round of layoffs. This is disguised as part of the E&E initiative but WF is pushing older workers to cut down in salaries and benefit costs. This folks is modern day age discrimination. But what do... — read more 

https://www.law.com/dailybusinessreview/2019/02/06/bank-teller-sues-wells-fargo-over-alleged-bullying-s-xual-harassment/?slreturn=20190302003507 Lawsuit here: https://drive.google.com/file/d/1YfFDehuEGZQy3GUN2TAhgI1OZImgsZLt/view Broward bank teller... — read more 

https://dealbreaker.com/.amp/2019/04/wells-fargo-ceo-search According to Wells Fargo insiders, the sudden departure of outgoing CEO Tim Sloan has not resulted in a period of quiet reflection. In fact, it seems like things might even be a little more... — read more 

Is anyone else sick of all the craziness at Wells Fargone? I know change is constant, but this is ridiculous. Good G-d, haven't we had enough? p.s. To execs, STOP saying we're all risk managers. Clearly, YOU didn't manage risk well (committed fraud)... — read more 

This question is not exclusive for one LOB, but for all LOBs (wholesale/consumer etc) I’ll include CRO/CFO LOBs in this question too. Do you feel for operations our salaries are inflated? Someone made a comment on this board to that effect.

Beginning in April we will no longer do auto loans. I feel like all this abruptness is leading to something far bigger and far worse. Hang in there guys

http://www.startribune.com/wells-fargo-to-layoff-200-from-bloomington-operation-it-is-closing/507729982/

Moise NEW YORK (Reuters) - Wells Fargo it represents about a third of revenue but roughly half of $22 billion in annual profit. The bank first told investors in September that while it retained most customers throughout its scandals, it was having a... — read more 

Will Frederick be included in tomorrow’s lay-off announcement?

Sit back and hope someone tells you what’s going on with layoffs (and hoping it’s not you) or you can take charge of your career and not let WF management control your life like this. Initially, I was concerned about layoffs and wonder when/if we’d... — read more 

I've heard so many different rumors, was just wondering if anyone has heard anything. I know initially the layoffs were supposed to be announce on 2/21 and then we heard it would be delayed until March 7th and then later March 21st...and now we are... — read more 

I had several senior leaders at different banks ask me about ethical behavior while I was at WF. Be prepared with good responses to questions about fraud, your involvement if you were in one of the areas that had fraud, how you act ethically, and why... — read more 

A neighbor on my neighborhood website had what she tells as a "bad" experience with Wells Fargo. The story went that she was wrongly charged by some company for an item that she could not afford, and it was a "mistake". Since she did not have the... — read more 

Wells Fargo in talks to hire Harvey Schwartz as new CEO: Report Wells Fargo board members are reportedly in talks to hire Harvey Schwartz, the former president and chief operating officer of Goldman Sachs, as the scandal-ridden bank's next chief... — read more