What part of Wells Fargo's business is growing fastest? What part is having difficulties?
6 Answers from Employees at Wells Fargo
- 0Helpful
The lending for Small Business is growing really fast. We are the number 1 in the Country for providing Cash Flow availability to new Small Business Owners. The most difficult part are being unable to provide higer interest rate for interest bearing accounts. But all other major financial instituotions are facing the same difficulties. We are not alone there.
- 0Helpful
Not IT. Hiring freeze and average pay with no bonuses. Working harder now than ever before and no one cares. We don't even have meetings ... bottom rung.
- 0Helpful
The fastest part is deposit accounts like always but the part having difficulties is the auto division of Wells.
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Fastest - investment banking and other parts of wholesale banking plus wealth/investment management. Slowest - consumer banking/consumer loans
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Small business division is growing fast as well as Retail. Retail is having difficulties with staffing.
- 0Helpful
Digital banking Branch offices
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