69264
Wells Fargo Cuts 69 Executive Jobs
Wells Fargo Cuts 69 Executive Jobs

Wells Fargo Cuts 69 Executive Jobs

Wells Fargo Cuts 69 Executive Jobs

Wells Fargo & Co said it is cutting 69 executive jobs at its retail unit, as part of a restructuring in the division, Reuters reported. Some of the executives positions will retire with full benefits while others may find positions elsewhere within the bank, said Wells Fargo spokesman Paul Gomez. Some of the executives may leave the bank, Gomez added. “We have just completed the process of consolidating the regional president and area president roles into a new position, region president,” Mary Mack, senior executive vice president for community banking, said in an internal memo seen by Reuters.

 

Short URL : https://goo.gl/CWVJaN
  1. https://goo.gl/GbtqnE
  • https://goo.gl/5LzLL8
  • https://goo.gl/hXPWDK
  • https://goo.gl/C1G57a
  • https://goo.gl/1mTVrx

You can also read ...

While China tries to alleviate its demographic crunch, the aging society means a pension shortfall.
Forget that image of sweatshops making all kinds of cheap...
Russia Economic Recovery Underway
Retail sales in Russia picked up in April, while real wages...
In 2017 banks had total mortgage lending of around $352 billion.
High levels of household debt are the greatest risk to Sweden’...
Greece at Crucial Point
Discussions are heating up over future debt repayments for...
Peru Economy Strengthens
Economic growth in Peru strengthened in the first quarter...
Saudi Gov’t Told Not to Boost Spending
The International Monetary Fund urged the Saudi government not...
Brazil CB Keeps Rates on Hold
Brazil’s central bank considered cutting interest rates last...
EU Tells Italy to Cut Debt, Warns of Euro Spillover
Italy’s incoming government should aim to cut its heavy public...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus