Local: Los Angeles, CA  (change)

 | 

Join the Topix community today: 

Sign Up

 | 

Sign In

Advertisment
Banking

May 12, 2008

Wachovia reviewing risk process, to cut jobs

“We have not yet chosen who will do it but it will be an outside source. We will take the results from that and make changes to the company”

Wachovia Corp , battered by mounting losses from mortgages and other debt and facing increasing regulatory scrutiny, is undertaking an independent review of its risk and compliance processes and cutting jobs, ... via Reuters

Leave a Comment

Comments

Type in your comments to post to the forum
Name
(appears on your post)
Comments
Type the numbers you see in the image on the right:

Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Other Recent Banking Discussions
Topic Updated Last By Comments
Help On The Way For Hurting Homeowners 27 min paul felenczak 7
Advice for consumers with mounting debt 40 min Hollern 1
Deal could help up to 57,000 mortgage holders k... 44 min garym1a2 100
EURO Provider is looking for USD Provider (from Oct '07) 54 min IBEROLINK 61
America's big new flimflam 57 min tried and tr... 8
22,000 Illinoisans Could Benefit From Countrywi... 1 hr Gina 20
If you need a insurance wrap we can help 1 hr ddj 44