Pros
* Easy hours * Nice offices * People are are nice to one another and respectful * Fancy cafeteria * Organization rather flat compared to sell side banks
Cons
* Below market pay * No pay increase and very limited bonuses in recent years, company under pressure to continue to cut cost * No growth for junior people unless come back from B-School * Promotion mostly political * Management conservative on implementing new strategies and just watch asset bleed * Too many old guards occupying top level posts and no upward mobility for talented younger people * After 2 years there's nothing more to learn and your skills starts to get old * Management doesn't have a clear strategy to revive the franchise * Management says one thing and does another, communicate convoluted messages * Endless employee and performance reviews just provide a justification to pay no bonuses and lay off people