Do you think capital one will do another round of layoff as it's stock is not holding ground.
Provisions for credit loss and charge-offs will probably stay high until we hit the back half of this recession, which will eat into profits. C1 has been decreasing credit limits across the board to compensate.
ex GE folks will being C1 to GE level😂
They will wait and see what attrition they can get from the recent RTO mandate. If they get enough no layoffs, if not then layoffs.
Don’t you guys have everything on the Cloud? I assume you are using K8’s too.
It seems to be doing fine. Disregarding the free money high valuation phase.
It's not bleeding like some of the regional banks that are on life support but missed earnings the last 4 quarters and the stock is down 5% since this time 5 years ago well before the Covid money print. Budgets are extremely tight, hiring freezes in lots of parts of the company, mid year review pressure at an all time high, forced RTO to increase attrition.