Originally Posted by garykung

This recurring rumor has existed for quite a while, like more than a decade. Nevertheless, layoffs may be possible, but no for exiting retail banking.

Because Citi sucks.



Actually investment advisor.



It really depends on what you are looking for.

If you want a banking package that offer as most as possible when you can still enjoy managing your investment on your own pace, then Charles Schwab is a good alternative. CPC's selling point, to Chase, is to use their "specialized" investment advisors. So if you don't really don't use it, CPC is not as attractive as promoted.

One thing Schwab does not offer is free wire and cashier checks. But there are methods to mitigate those.