Credit Suisse

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Credit Suisse Reviews in London, England

Updated January 28, 2015
Updated January 28, 2015
7 Reviews
1.0
7 Reviews
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Credit Suisse CEO, Credit Suisse Group and Credit Suisse Brady W. Dougan
Brady W. Dougan
7 Ratings

Review Highlights

Pros
  • It provides excellent work life balance for personal development in the spare time (in 161 reviews)

  • There may be opportunities to work in other countries through internal mobility for those interested (in 62 reviews)


Cons
  • Management was inflexible to find ways that analysts could find work / life balance (in 81 reviews)

  • long hours, which made it difficult to maintain a work-life balance (in 64 reviews)

More Highlights

7 Employee Reviews Back to all Reviews

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  1. 1 person found this helpful  

    Downhill

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in London, England (UK)
    Current Employee - Vice President in London, England (UK)

    I have been working at Credit Suisse full-time (more than 5 years)

    Pros

    CS has nicer than average people
    The bank has a good skill pool in front office

    Cons

    CS has a culture of indecision and procrastination
    It is managed by ageing management for the benefit of ageing management
    Revenues keep falling, even on strong markets, as risk aversion stifles business
    Also compliance is applied there with a view that if the regulator wants 100 CS wants 150, not only does this create costs, delays and paperwork but it is a significant handicap vs competitors who simply respect present laws and regulations instead of trying to go further than everyone else (which no one pays for)
    London is a cash cow office, where compensation is held back to pay for the army of people who work less employed in Zurich
    Finally CS is handicapped by FX and continuous fines paid for past misdeeds in private bank but whose burden is shouldered by present employees in other divisions
    Avoid CS in general, London in particular

    Advice to ManagementAdvice

    Resign, Let fresh people try
    If not, then please look up vision and clarity and make use of those attributes

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Inadequate infrastructure, passive management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Risk Analyst in London, England (UK)
    Former Employee - Risk Analyst in London, England (UK)

    I worked at Credit Suisse full-time (more than a year)

    Pros

    - if you are from Oz, this is the place to be: Aussies everywhere
    - good gym and restaurant
    - in close proximity to competitors

    Cons

    - lack of interest in risk, markets and regulation beyond narrow confines of department
    - large number of contractors, results in lack of ownership and constant changes
    - extremely poor IT infrastructure, results in unreliable data and poor image
    - lack of development and networking opportunities

    Advice to ManagementAdvice

    Do what you are supposed to be doing: manage and develop systems and people.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Culture gone wrong

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President in London, England (UK)
    Former Employee - Vice President in London, England (UK)

    I worked at Credit Suisse full-time (more than 5 years)

    Pros

    Possible global network and opportunities in a well established company. Pockets of talent exist in most centres and one could say that improvement is possible.

    Cons

    Culture gone wrong over time with too many old hands left in the company which cannot be removed. No intercompany cooperation exist.

    Advice to ManagementAdvice

    Create workgroups to eliminate inter-company cannibalism

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Not a pro-active and dynamic place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Executive Director in London, England (UK)
    Former Employee - Executive Director in London, England (UK)

    I worked at Credit Suisse full-time (more than a year)

    Pros

    Very few! I guess they have a stable capital base from the private banking side.

    Cons

    Bloated, inefficient and sub-optimal institution

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 2 people found this helpful  

    A place to learn

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Director in London, England (UK)
    Current Employee - Director in London, England (UK)

    I have been working at Credit Suisse

    Pros

    This is a very good place to learn the different aspects of teh world of finances. People are friendly and helpful.

    Cons

    Long hours seems to be the norm, with typical 50+ hours a week in the office. The atmosphere is quite competitive and promotion is not based in meritocracy

    Advice to ManagementAdvice

    Communicate better the goals the different units within the organisation are trying to achieve. More visibility of senior management woudl help.

    Doesn't Recommend
    Disapproves of CEO
  7. 2 people found this helpful  

    Read the fine Print

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Proprietary Trader in London, England (UK)
    Current Employee - Proprietary Trader in London, England (UK)

    I have been working at Credit Suisse

    Pros

    Good Work-life balance and reasonably relaxed environment. Opportunity to work with some smart peers without dealing with employees who take themselves too seriously.

    Cons

    Serious abuse of employees by senior managers...there is, like in most investment banks, some severe incompetence at MD levels. More interested in politics than producing and more interested in surviving than growing. You will get exploited if you develop new projects and ideas unless you are protected in your contract. You WILL NOT get compensated for making money.

    Advice to ManagementAdvice

    Beyond salvation

    Doesn't Recommend
    No opinion of CEO
  8. 1 person found this helpful  

    Wouldn't recommend

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Assistant Vice President in London, England (UK)
    Current Employee - Assistant Vice President in London, England (UK)

    I have been working at Credit Suisse

    Pros

    I've got opportunity to work with really good guys - the technical skills they represent are really high, so I can learn from them (however company realistically doesn't support learning - only talks about it)

    Cons

    shitty long hours, lots of beaurocracy, all those band/title promotions are just fantasy. Valuable people are often ignored. Due to long hours there's impossible to progress your technical skills.

    Advice to ManagementAdvice

    Listen to the people, they are doing great job. Cut the beaurocracy.

    Doesn't Recommend
    No opinion of CEO

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