Bank of America Reviews in London, England | Glassdoor

Bank of America London Reviews

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Found 177 reviews

3.3
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Rating TrendsRating Trends
67%
Recommend to a Friend
85%
Approve of CEO
Bank of America CEO Brian T. Moynihan
Brian T. Moynihan
82 Ratings
Pros
Cons
More Pros and Cons
  1. Very Impressive

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Intern in London, England
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at Bank of America for more than a year

    Pros

    Good atmosphere, relaxed, nice offices

    Cons

    Nothing I can think of

  2. PRESSURISED INVESTMENT BANK ENVIRONMENT

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Product Specialist in London, England
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Bank of America full-time for more than 9 years

    Pros

    Global company that provides International exposure. Good training

    Cons

    High pressure with poor wok/life balance

    Advice to Management

    Should support better career opportunities for women

  3. Vice President salary

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Vice President in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time for more than 2 years

    Pros

    good work life balance, decent salary

    Cons

    Should be more open about the strategy

  4. Great benefits

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America full-time for more than 9 years

    Pros

    Their benefits package is very good, salary could be better though.

    Cons

    Some managers do not help their staff grow.

    Advice to Management

    Have a program in place where managers are accessed on how much they help their direct reports grow and develop.

  5. Director

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    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Quantitative Analyst in London, England
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 20 years

    Pros

    Nice people to work with

    Cons

    Pay could be better distributed

    Advice to Management

    Have more mobility opportunities.

  6. Fair place to work at

    StarStarStarStarStar
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    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - V P in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than 6 years

    Pros

    My experience has largely been on the technology side - it is indeed an organisation which is too big to fail and I guess since the volume of people involved in the organisation is so high, it is likely to come across and work with enough talented people around you.

    Cons

    The bank is very true to its name - it is indeed a organisation which is too much driven from America inspite of the fact that there is a general acknowledgement that it would work better if control is spread out to other regions too (EMEA and APAC). This is particularly a problem specific to the technology side.

    Advice to Management

    Too many talents are underutilised and less recognised of their true potential in the technology side.

  7. Helpful (1)

    Could try harder

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Marketing in London, England
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of America full-time for more than 9 years

    Pros

    Professional team and good ethics

    Cons

    No career progression available at all

    Advice to Management

    Weed out the old wood bullying management and promote middle management.

  8. Payroll Specalist

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    • Overall
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Former Employee - Payroll Specialist in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of America for more than 6 years

    Pros

    Great place to work. Enjoyed my time

    Cons

    Contractors are not employees, so no benefits

    Advice to Management

    Thanks for all your help

  9. Too many chiefs not enough ownership

    StarStarStarStarStar
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    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Bank of America

    Pros

    Looks good on the CV

    Cons

    Lack of spirit and culture + blame game culture

  10. Good bank to work for

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Credit Analyst in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of America full-time for more than a year

    Pros

    Great management with focus on high standards but retaining a nice culture and fairly decent work life balance creating a pleasant atmosphere. Unlike in many other banks there is no toxic environment.

    Cons

    Many administrative tasks, outsource them to a back office (as is the case in other banks).

    Advice to Management

    Outsource some of the administrative tasks.

Found 177 reviews