Friday, May 18, 2007

Wachovia, Deutsche Bank Producers Grumbling?

There's a rumor making the rounds that Wachovia's originators are complaining their latest pricing sheet is up to 30 bps wide of the competition, essentially putting them on the beach and out of the game.

Deutsche Bank is rumored to be sitting on the sidelines as well. Word is that the guys at both banks aren't too happy, and aren't sure if this is temporary or the proverbial "writing on the wall".

If you are job hunting, lock up a place ASAP, because I have a sneaking suspicion that the pool of candidates in the market right now (already wider than usual) could get even wider in June.

1 comment:

Darvin said...

Hello. I find your blog is very interesting. So much has already been said about banks – good and bad. Wachovia Bank is one of the most popular among the dissatisfied customers, the majority of reports have been posted about it. You can find lots of claims on www.pissedconsumer.com. Everyone can file his/her feedback on the site to share experience with others.