Credit Suisse

  www.credit-suisse.com
  www.credit-suisse.com

Credit Suisse Reviews in London, England

Updated December 16, 2014
Updated December 16, 2014
1,398 Reviews
3.5
1,398 Reviews
Rating Trends

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Credit Suisse CEO, Credit Suisse Group and Credit Suisse Brady W. Dougan
Brady W. Dougan
620 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

10 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Review of CS

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • 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

    Good work life balance, relaxed environment.

    Cons

    Promotion is slow. Until recently, promotion was based on time served, now it is based on a meritocracy although this has not completely filtered through the organisation. CS do not really invest in training and developing its people.

    Advice to ManagementAdvice

    Improve promotion opportunities and invest in training, development and coaching.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Has gone down hill

    • 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 3 years)

    Pros

    The business is innovative but is getting short changed by the IT department.

    Cons

    Very hierarchical management structure. Senior IT staff not focused on delivering IT solutions. Over emphasis on philanthropy and soft skills. Senior staff (directors and above) are not technical or innovative in their approach. HR is not at all focused on needs of the employees.

    Advice to ManagementAdvice

    Less emphasis on soft skills.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  3. 1 person found this helpful  

    An organisation that sits back on its core businesses like AES and does little to inovate. Very top heavy organisation

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

    I have been working at Credit Suisse full-time (more than 3 years)

    Pros

    Pay is reasonable
    Good restaurant
    Allow IT to work closely with the business

    Cons

    Poor technology
    Too much politics
    Top heavy, many directors, hiding in roles
    Lack of consistent view of how the business should be run

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

    Soul killing experience of the worst kind

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

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

    Pros

    London as a location was OK to live for a while.

    Cons

    Oh my god 'politics' everywhere! No-cooperation between teams, everyone is just looking out for themselves.

    People in management position seem to arrive at those because they were better at elbowing others out of their way.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    Poor culture in London M&A

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

    I worked at Credit Suisse full-time (less than an year)

    Pros

    Was a good name in 2008/09

    Cons

    Nobody i met from the bank was a happy person. Most hated the bank. Very ill culture.

    Advice to ManagementAdvice

    Do not hire people with bad management skills and no social skills.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Disappointing lack of interest

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

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

    Pros

    Networking opportunities, although limited
    Subsidized gym on-site, although shared with Barclays
    Can't really think of any other pro, I don't believe there were any

    Cons

    Waste of time. The project I was working on was a major waste of everybody's time, mainly because senior management wouldn't commit and lend a helping hand when diverging interests have arisen. Ultimately everybody would just pretend to be working, which is an even bigger waste of time...

    Advice to ManagementAdvice

    Working on projects destined to be canned is extremely demotivational. Better speak-up, admit the uselessness of the project, brainstorm better options, pursue them with belief.
    Stop politicking away from once useful projects gone bad: "I don't care how the project's really going, I'm not going to lend a helping hand, I'm just hoping I'll manage to switch it by the end of the year. In the meantime, I'll just waste everybody's time by not being decisive enough on any issue at hand!"

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    In general good, but poor leadership

    • 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

    good compensation and bonus, a company well respected in the market with some good guys working there with with real ability

    Cons

    very swiss centric on certain areas and with little growth for people outside of the perceived banking markets, week middle management and little leadership

    Advice to ManagementAdvice

    improve the quality of the middle management, empower teams and staff to make decisions invest in people dont just say you are doing it actually do it

    Approves of CEO
  9. 1 person found this helpful  

    'Credit Sweat'

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

    I have been working at Credit Suisse

    Pros

    Good to work for in terms of use of latest technology (relative to other investment banks). Lots of HR initiatives about career development (great if you have time for such things)

    Cons

    Culture of pressenteism - very long hours and patchy project management. Every day brings panic about 'urgent' requirements. Change management means hideous amounts of red-tape where you have to spell out in microscopic detail how to deploy your software, usually outside of work hours because the operations team are in a different time zone. Development teams operate in silos and communication between teams is passively hostile, which I put down to a combination overwork and the competitive culture that has infested the place... Canary Wharf can be a pain to commute to - Jubilee line breaks down all the time, and then the DLR gets overloaded. There are now too many people working in the area generally for the transport system to cope with...

    Advice to ManagementAdvice

    Do something about the lack of work life balance in IT - Hire more people, or at least replace the ones leaving. Allow people to work from home... Some people in management roles are agressive and clueless about what motivates people they work with. The company should keep up the investment in new technologies... Managment should try and foster a collabrative culture...

    No opinion of CEO
  10. 1 person found this helpful  

    Okay Place to work if you are not ambitious

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

    I have been working at Credit Suisse

    Pros

    Good benefits
    Good reputation, look nice on CV
    Competent Top Management
    Good treatment if you are parents (family friendly)

    Cons

    Weak mid/senior managers who lack good judgement - the managers just try to fit themselves in the loudest group. They did nothing to stop unprofessional behaviours.
    Poor communication
    Incompetent staff still get the promotion, poor quality of staff overall probably due to the unfair promotion structure. Same corporate tile in the same profession/department in other banks are much more presentable.
    Management lack ability to spot talent.
    Still lack of transperancy in terms of pay and promotion criteria

    Advice to ManagementAdvice

    Listen to your people rather than your mid senor managers or HR.

    Disapproves of CEO
  11.  

    The promise does not live up to the expectation, even though it has some great people.

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

    I worked at Credit Suisse

    Pros

    When working for a good boss, I quickly gained respect, autonomy and recognition when I delivered. The company has a lot of respect in the industry and the addition of Credit Suisse on your CV certainly opens doors

    Cons

    I had about 5 bosses within one year, some were terrible, protectionist and very political. I was used and abused!
    The work life balance was pretty poor especially working on projects with senior US counter-parts, they seemed to expect 24 hour availablity.

    Advice to ManagementAdvice

    Stop the endless re-organistion, give credit and respect for those who deliver and work hard. Not those who focus on perception, postioning and senior back slapping.

    Doesn't Recommend
    No opinion of CEO

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