Pros
Good work life balance. Movement between teams was encouraged. Open relationship between managers and individual contributors. Good compensation package and a good severance package after a layoff. Comparatively, this seemed to be a great bank to work for during my time.
Cons
A new CEO had taken control and they were implementing a return to office strategy before I was laid off. Many aspects were not defined and the CEO was very unsympathetic. Team-level leaders implemented the strategies with varying degrees of strictness. The new CEO seemed to be very fake and my follow-up with former coworkers surfaced negative shifts in salaries, diversity, and transparency. Hopefully the team-level managers are able to buffer some of these pain points.