Pros
Bottom line, I work for Schwab for the name recognition and general public status. As a company, they seem to be keeping afloat nicely in the industry, but you wouldn't be able to tell internally by working there. Much of the positive corporate news and results that are periodically conveyed from management comes as a surprise to the workforce, which is then easily dismissed as a futile effort towards propaganda. Other perks: downtown location in the city. If I had to work elsewhere I might not be so agreeable. I also have to comment regarding the overall competence and caliber of most fellow employees with whom I've come in contact. They are impressive as professionals, and I only wish we were working together elsewhere.
Cons
Limited personality in workplace, high stress, no sense of care of value of workers