Thread regarding Capital One layoffs

Are Financial Advisors next?

Small business gone, lending gone, are the financial advisors next to get the chop. November 16 all hands on call will hopefully shed some light.

Is it possible they are going to sell the retail branches?

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this is another move next week that would indicate that Capone wants to go back to basic ie: Credit Card Business. Next week will more likely close the COI division and announce more Branch closures.

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My belief is that they want to close or sell investing, but they are worried about their branch deposits getting depleted by the FAs leaving.

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I hear yes on financial advisors. Closing Investing business. Also closing San Antonio branches.

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