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A comment on Wells Fargo shifts many jobs overseas following layoffs in the US. Parent comment

Re:Wells Fargo shifts many jobs overseas following layoffs i... by gaius on Friday December 21, 2018 @02:23PM (#18735788)
RBS is the same in the UK, despite being majority owned by the taxpayer at the time !
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Re:Wells Fargo shifts many jobs overseas following layoffs i... by sgjohnson on Saturday December 22, 2018 @01:21AM (#18739281)
Fairly sure the government’s stake was sold off sometime last year.
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Re:Wells Fargo shifts many jobs overseas following layoffs i... by NeedMoreTea on Saturday December 22, 2018 @06:42AM (#18740167)
They sold off about 10% of total shareholding earlier this year, at several billion under market value. Govt still hold over 60%.

https://investors.rbs.com/share-data/equity-ownership-statis...

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Re:Wells Fargo shifts many jobs overseas following layoffs i... by gaius on Saturday December 22, 2018 @03:32AM (#18739635)
Yes, but while it was owned by the taxpayer, it still pursued outsourcing of local jobs.
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