Pros
more of a place for retirement and people to rest rather than for smart and ambitious
Cons
firm was slow to capture market opportunities. Consistently fail to meet target , impacting everyone’s bonuses. Management has little clue how to grow the business. Generally uncompetitive and behind competitors. Most has no talent, and firm is unable to move forward quickly without motivated talents. Many are constantly engaged in firefighting. There were 2 layoffs and many have left since. Morale is generally low because of shrinking bonus and layoffs. held back by lots of legacy systems that are slow and don’t make sense. Barely figured out 0dtx and HFT, many more years to go but given the slow pace it will only continue to lag behind further. Firm aspires to be world-class but never will be. Other firms have much higher revenue /profits per employee. Has a strange culture that doesn’t reward the people contribute the most