DO NOT COME HERE - TOXIC CULTURE WITH TERRIBLE MANAGERS - Investment Banking Analyst Macquarie Group Employee Review

1.0
Jan 10, 2020
Recommend
CEO approval
Business Outlook

Pros

- Free chips and drinks on Friday afternoon (the only perk trust me)

Cons

I was a summer intern, and during my internship, thought this was a great place, couldn't believe that IB could be so great - came back full-time and realized we were merely baited into coming back and things here are actually terrible and everything that was put on during the summer was just a facade. Terrible culture, with terrible managers who perpetuate it, create unnecessary work, and like to create "new" projects that have no value add to the company in terms of revenue generation. People will hound you with calls and emails and make you work even if you're sick with a high fever. People in the firm generally gossip a lot, so whenever you make a small mistake, you'll see 2-3 people jump into a conference room and start laughing about you. Lots of snakey people who do nothing but bring people down. Staffer doesn't know how to be encouraging or lift people up, or even give feedback in a constructive manner. Senior managers just think everyone is a happy camper, and really do not know what is truly going on in the group, which is pretty sad because they are the nicest people in the group. Overall, terrible place with terrible people, do not come here - you will regret it fully.

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Macquarie Group Response
6y
We’re sorry to read about your experience at Macquarie. We’re committed to fostering a supportive environment that allows our employees space to develop and grow their careers. We would welcome an opportunity to further discuss your experience, please reach out to HRServicedesk@macquarie.com and we will arrange a time to speak.

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5.0
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Pros

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Cons

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1.0
Jul 17, 2026
Recommend
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Pros

You are safe if you are Australian or a boot licking Manager/Director. Benefits are great. Free breakfast and lunch.

Cons

Extremely toxic culture especially in the Houston office. Trade compliance systems are a complete joke. They have no way of finding out of a trader is actually committing violations because systems are so bad and lag months back. Lots of image shining to hide the true picture behind closed doors. Do not trust the percentage of Bonus/Raise they pitch you. The bonus is 1% not 10-20% Lots of internal politics, local management keeps promoting each other every year while the rest of the hard workers watch. A little bit of a cult vibe when it comes to culture. Organization loves overstepping boundaries between personal and professional life. They want you to live and breathe Macquarie 24/7/365 Promotion process made extremely complicated for everyone EXCEPT the inner clicks. Annual performance reviews involve baiting each other by asking team members to score you.

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