Credit Suisse Reviews in London, England | Glassdoor

Credit Suisse London Reviews

Updated April 12, 2017
243 reviews

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London, England (UK)

3.6
Star Star Star Star Star
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Recommend to a friend
Approve of CEO
Credit Suisse CEO Tidjane Thiam
Tidjane Thiam
39 Ratings

243 Employee Reviews

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Pros
Cons
More Pros and Cons

  1. "Company Review"

    Star Star Star Star Star
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    Pros

    Great culture and multiple opportunities for internal mobility

    Cons

    Recently been re-structured with main focus on WM division in APAC


  2. Helpful (1)

    "Some potential"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President Database Administrator in London, England (UK)
    Former Employee - Assistant Vice President Database Administrator in London, England (UK)
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Credit Suisse full-time (More than 8 years)

    Pros

    Good people. Flexible work culture. Diversity and inclusion is taken seriously. Good place to begin a career especially for grads. The environment is stable.

    Cons

    Low salary and compensation, especially for support staff. Promotion is like winning the lottery, so while it's a good place to begin a career it's not the place to build a career. Staff morale is currently low especially in the London office given the continuous waves of redundancies.

    Advice to Management

    Have a team agenda. Bring everyone along and not just you. Too much time spent in a restructuring limbo breeds uncertainly


  3. Helpful (1)

    "Good company bad times"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Engineer in London, England (UK)
    Current Employee - IT Engineer in London, England (UK)
    Recommends
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Great people for the most part

    Cons

    Lots of bureaucracy
    Poor bonus and salary increase vs market
    It being cut heavily for several years


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  5. "Spring week intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Spring Intern in London, England (UK)
    Former Intern - Spring Intern in London, England (UK)
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Most people are very friendly. There are great networking opportunities. there are many events organised by the company of things to do in the evenings. You dont need much knowledge beforehand.

    Cons

    You don't get a lot of exposure to the real work done at the bank. Not paid. Accomodation provided is of very low quality although quite close to the offices. Administrative parts of the internsip are very inefficient (eg. payback of travel expenses takes a long time).


  6. "Product controller"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Controller in London, England (UK)
    Current Employee - Product Controller in London, England (UK)
    Doesn't Recommend
    Negative Outlook

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

    Pros

    Structured and systematic control environment

    Cons

    Bad culture, training is limited.


  7. Helpful (1)

    "Not for everyone"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in London, England (UK)
    Former Employee - Assistant Vice President in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Credit Suisse full-time (More than 3 years)

    Pros

    The company offer good benefits
    The offices in London are in good locations
    There is a mentoring program available
    Good training available if you know where to look for it

    Cons

    Poor pay versus the rest of the market ( as much as 25 per cent below the market in some case)
    Poor mobility
    Long hours
    Low moral among operational staffs due to severe cut across the board
    Every structures are working almost completely independently from each over so it is not always easy to learn about a new product

    Advice to Management

    Too many people in this company only have time to tick the box. This will never amount to excellency.


  8. Helpful (1)

    "Investment Banking VP"

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

    I worked at Credit Suisse full-time

    Pros

    - Great colleagues, very smart and dedicated people
    - Good access to senior executives across a large number of industries
    - Very solid execution capabilities
    - Very good lev fin franchise

    Cons

    - competitive compensation but probably 15-20% below GS / MS
    - brand name in the UK and in certain european markets is not as strong as it used to be 10 years ago

    Advice to Management

    - no specific advice to management except to keep the fantastic work up. They do their best to try to grow the business in a challenging environment


  9. Helpful (1)

    "Risk Management, Global Market"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    - Nice colleagues
    - Competent people
    - Trainings available
    - Good working hours

    Cons

    - Compensation below the market
    - No job security
    - Internal transfers limited

    Advice to Management

    Stop restructuring the company. Stop firing people. Give a clear business strategy. Improve the compensation to market level.


  10. Helpful (1)

    "A sad time to be at a bank"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President, Trader in London, England (UK)
    Former Employee - Vice President, Trader in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Credit Suisse full-time

    Pros

    Working with many erstwhile traders
    Good team spirit

    Cons

    Was a period when without warning huge job cuts took place.
    Get rid of more management that seems to outnumber underlings.

    Advice to Management

    Too much management at the time which was one of the main reasons those below them lost their roles.


  11. "Lovely place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Developer in London, England (UK)
    Current Employee - Senior Software Developer in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Fantastic friendly team to work with. Really enjoy the work and the atmosphere.
    Lots of technical challenges, and can really see the benefit of the work we deliver.
    Although there's so much work to do, there's never too much pressure, and there's always a fair deal of flexibility over working hours and occasional working from home.

    Cons

    Always too much work for the team to do, but (on the bright side) it does make the time fly; can never believe how fast each week goes!

    Advice to Management

    Keep investing in the IB parts of the company


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