Credit Suisse Reviews in London, England

Updated September 17, 2014
Updated September 17, 2014
1,294 Reviews
3.5
1,294 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Credit Suisse CEO, Credit Suisse Group and Credit Suisse Brady W. Dougan
Brady W. Dougan
574 Ratings

Review Highlights

Pros
  • It provides excellent work life balance for personal development in the spare time (in 140 reviews)

  • Good benefits, great if you are new college grad, good training opportunities (in 55 reviews)


Cons
  • Management was inflexible to find ways that analysts could find work / life balance (in 74 reviews)

  • One thing that was a con for Credit Suisse was the long hours that I was required to work (in 60 reviews)

More Highlights

98 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Interesting, well paid, work; poor work life balance

    • 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 as an intern for less than a year

    Pros

    The people in this department are on the whole very friendly, management were very encouraging and always on hand to help.
    The work was generally interesting and challenging, with plenty of responsibilities given to interns.
    The set up of the internship was well organised.
    Excellent benefits - good salary, food, gym etc.
    Opportunities outside of work for socialising, sport etc.
    Careers progression seems to be fairly quick.

    Cons

    Work life balance is poor, and this was in the 'quiet' summer period. Staff commonly worked 12 hour shifts or more.
    Other interns seemed to have (perhaps self imposed) pressure to complete deadlines that resulted in nights and weekends spent in the office.
    A lot of employees (especially younger ones) seem to be there purely for the money.

    Advice to ManagementAdvice

    Focus more on productivity and the amount of work done rather than purely hours spent in the office.

    Neutral Outlook
    No opinion of CEO
  2.  

    Great brand and culture.

    • 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 for more than a year

    Pros

    A supportive environment that fosters personal/professional development. Work-life balance is attainable depending on your role and which area of the business you work in.

    Cons

    Although a highly supportive culture, one sometimes has to push for sponsorship due to pockets of politics (like you get pretty much every where).

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Relaxed atmosphere with some nice people

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

    I have been working at Credit Suisse as a contractor for more than a year

    Pros

    Latest technology, some smart people, working from home policy

    Cons

    Contractor churn, staff turnover is high due to cost cutting. No continuity of staff in technology.

    Advice to ManagementAdvice

    Encourage continuity of staff and invest rather than seeking to cut costs. Cost cutting is false economy by moving to "low-cost" centers. Knowedge of the CS environment is walking out the door on a regular basis and costing you money.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Good benefits package but too many chiefs and lots of politics

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

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

    Pros

    Excellent philanthropic program as well as lots of networks and societies to join. Majority of staff are very welcoming and friendly.

    Cons

    Lots of politics and some management are very unfriendly, they will not even acknowledge you unless you have a title which is very frustrating. Promotions are scarce and you have to play the game. Working hours can be long and there is still a stigma if you leave before 6. Pay rises and bonuses are seldom seen.

    Advice to ManagementAdvice

    Change attitudes towards flexible working arrangements and better work life balance.

    No opinion of CEO
  6.  

    Insightful

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

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

    Pros

    Friendly people, nice offices located in the Canary Wharf district. Good working environment. Spring week featured many workshops and opportunities to meet industry players

    Cons

    Lack of transparency in recruiting process. Who gets what is unclear, especially at the more junior levels. Training is a little rushed at times.

    Advice to ManagementAdvice

    More transparency

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Good company- wrong timing

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

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

    Pros

    Intern program is well organised by HR, salary good as well. Smart, hardworking people. Very professional. Was allocated a senior mentor who was helpful. You get to sit with some other teams for a day so it gives a good overview. Good food.

    Cons

    Atmosphere was not that great in the team I was placed in, as they had just fired most of the team, and by some it was taken out on me.

    Advice to ManagementAdvice

    It might be better not to place interns in teams that have been decimated as it does not help with integrating.

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    good company, risk averse and long term oriented but by no means the best Investment bank

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

    I have been working at Credit Suisse full-time for less than a year

    Pros

    relaxed culture, pay attention to employee needs

    Cons

    not risk takers, very passive and not at all aggressive. attracts risk averse , non-entrepreneurial people especially at associate level and above. More attention paid to the Private Banking department and less on the IBD over the last few years

    Advice to ManagementAdvice

    you are competing against more established players in the industry

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Great expierence

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

    I have been working at Credit Suisse as an intern for less than a year

    Pros

    shorten:
    great time
    great work life balance
    traning on the job and off the job
    salary is above average

    Cons

    carrer oppurtionietes ones your in
    no real benefits like other banks
    no bonus for the year 2014

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  10.  

    Good culture in a difficult environment

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

    I worked at Credit Suisse full-time for more than 3 years

    Pros

    Senior management reasonable, trying to manage the business in a difficult environment where tough personnel decisions have to be taken on an almost daily basis. Management is generally visible and available for discussion. HR is trying hard to instill a culture of rewards that are of non-financial nature which is difficult to push through in a banking environment.

    Cons

    Cost containment measures a major on-going focus, which can be dispiriting. Below-average comp. Regulation is a very heavy burden for investment banks, and CS is no exception. Over time, this has changed the type of person that works in an investment bank (not just at CS), such that the work environment is now less thrilling or intellectually satisfying.

    Advice to ManagementAdvice

    Is there any way to shrink the back office such that the money saved can go to better reward those employees that actually bring in the money?

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Credit Suisse - VP - research

    • 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 for more than 5 years

    Pros

    Little to no "difficult" people. Nice people.

    Cons

    Credit Suisse is embattled in a defensive stance that makes management forget about revenues and focus exclusively on cost cutting. Even if you demonstrate that spending 1$ makes the company 5$ they will say no.

    Advice to ManagementAdvice

    Give people upside otherwise they lose motivation and go somewhere else. Those who accept to work for no upside are not the achievers that will make this business top tier again.

    Recommends
    Negative Outlook
    Disapproves of CEO

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