Pros
> good inflow of human capital after the Dresdner takeover > relatively relaxed environment, relatively shorter hours than the industry > Quite entrepreneurial; people are encouraged to develop new products and lines of business, but on the other hand do not receive official support of recognition for it > Commerzbank has pockets of good businesses, and being in one can be rewarding (not being in one is sheer misery)
Cons
> below-market compensation > very political > Absolutely no respect for employees. Senior management treats the entire division as if it's being done a favor for working for the bank. Important strategic decisions are communicated poorly or not at all > too flat; unable to attract talent from other banks > business model is focused on the German market; very little prospect of growth otherwise > No-can-do mentality, very beaurocratic, with few shining exceptions > below-par support functions (IT etc.) *ensure* daily obstacles to doing business > Recruitement policy (getting people fresh out-of-college and developing them) means there is practically no inflow of experienced people and the business remains "esoteric". > As many departments are under- or not developed (eg brokerage), it is difficult to compete against banks that offer services across the entire IB spectrum