Credit Suisse Reviews

Updated March 30, 2015
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  • London, England
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3.8
124 Reviews
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Credit Suisse CEO, Credit Suisse Group and Credit Suisse Brady W. Dougan
Brady W. Dougan
675 Ratings

124 Employee Reviews

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  1. Investment Banking Analyst, Credit Suisse

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

    I have been working at Credit Suisse full-time (more than a year)

    Pros

    Good Culture, Friendly peiple for the most part,very professional and respectful work environment by IBD standards

    Cons

    lack of deal flow, not very multicultural, some low calibre people especially at Associate / VP level

    Recommends
    Neutral Outlook
  2. Spring Internship at Credit Suisse

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Spring Insight Programmer in London, England (UK)
    Former Intern - Spring Insight Programmer in London, England (UK)

    I worked at Credit Suisse as an intern (less than a year)

    Pros

    Very helpful, lots of networking, useful insight sessions, attentive recruitment staff

    Cons

    Nothing that I would particularly think about. One thing that could have been done better: the HRs did not send us our schedule before the insight week.

    Recommends
    Positive Outlook
  3. Credit Suisse

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

    Entrepreneurial culture, at least in sales

    Cons

    Downsizing of fixed income business due to higher capital requirements

    Advice to ManagementAdvice

    Clean up the private and investment banking legacy issues.

    Recommends
    Positive Outlook
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  5. AVP

    • 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

    Increased responsibilities and accountability for ownership of delivery items

    Cons

    Lack of training budgets available

    Advice to ManagementAdvice

    investment in retaining top talent

    Recommends
    Positive Outlook
    Approves of CEO
  6. Good start to career

    • 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 5 years)

    Pros

    Pension and private health insurance are perks. There is a gym onsite at their Canary Wharf office, which is a big plus. The canteen isn't particularly subsidised, but there are a lot of healthy options. The promotion process is quite clear and the Women's Network provides a lot of training to help you prepare.

    Cons

    You need to push for training courses, they won't spend if they don't have to.

    Recommends
    Approves of CEO
  7. 2 people found this helpful

    There goes the neighborhood...

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

    I have been working at Credit Suisse

    Pros

    Aside from a few specific sector leading desks and lines of business that are industry leaders, nice middle of the road place to do the "good enough" optimization. Good enough comp, good enough career progression, good enough work-life balance. Legacy culture that values collaboration and consensus.

    Cons

    That legacy culture has become sclerotic in areas, especially on the private banking side, and on the investment banking side there has been a huge influx ex-Goldman people who got drummed out of there in the turmoil that is enveloping that place and have brought with them massive chips on their shoulders and the worst of the GS lack of transparency and chronic mendacity as a routine operating model. The two make for a catastrophic mix that has not yet but is about to lead to a toxic working environment as the cost-cutting pressures mount.

    Advice to ManagementAdvice

    The answer s returning to First Boston roots, at least on the IB side--getting lean, super skilled up and entrepreneurial...not looking to ape an alien GS culture and its representatives who could care less about Credit Suisse and are clearly focused on extracting as much as they personally can out of the place while hastening its demise.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8. Quality Manager - AVP

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

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

    Pros

    Very motivating and influential working environment.

    Cons

    Bureaucratic as all large organisations go.

    Recommends
    Positive Outlook
  9. 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
  10. Amazing atmosphere yet poor interview

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

    I worked at Credit Suisse as an intern (less than a year)

    Pros

    Credit Suisse is the kind of place that everyone is able to ask questions and interact with the higher ups without an issue.
    There is plenty of opportunity to learn and gain a greater insight

    Cons

    Interviewers are poor. There is no consistency and no real formula for creating fair and efficient interview environments which is unfortunate,

    Recommends
    Neutral Outlook
    Approves of CEO
  11. OK for certain personality types

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

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

    Pros

    Competitive salary and benefits, smart colleagues.

    Cons

    Very slow to react and change, senior leadership disconnected from staff.

    Advice to ManagementAdvice

    Create clearer defined advancement opportunities, foster more open internal communication channels.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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