Where to begin....if you like a back-stabbing, gossipy, dis-functional work environment, then this is the place for you! Favoritism and double-standards run a muck.... so many people should be fired or demoted, but somehow, they keep their executive and senior level roles. Many employees with executive in their title are incompetent as leaders and managers. Turnover is high, especially at the entry level and 2-3 years of experience. Young employees get discouraged by the lack of teamwork and mentoring - they vote with their feet and leave. Employees who diligently try to improve the situation are labeled as malcontents or trouble makers by management and executives. Many executives are coasting and do nothing to grow the business or mentor younger employees. Just spend a few months here and you will understand why bankers have the bad reputation that they hold in the public's eye. No one trusts anyone here - it is a crazy environment that is sugar coated by management and papered over by the stock price. Look no further than the sorry state of Phoenix Suns basketball franchise for an example of how the CEO leads and manages.
