Pros
Superb, brilliant, idealistic people from every corner of the world go there with dreams...
Cons
Management culture has totally fallen apart to the point where management has given up on itself. Everyone within management (and on these reviews) acknowledges it is bureaucratic, inefficient, process rather than thought driven, and worst of all non-meritocratic with promotions based on gender and country of origin and institutional culture riddled with pointless internal politics far worse than at the the big bulge-bracket banks. However, management has no idea how to address these issues. Several former CEOs have written in the FT and other publications that they couldn't handle the middle management bureaucrats out of "Yes, Prime Minister" and so left jaded and returned to Deutche Bank / Goldman / retirement.