Pros
great work life balance (no weekends, very rarely late nights) good place to learn efficiency/cost reductions recently purchased a commodity trading team from UBS, rates trading unit too - took advantage of US bank environment over past year to snatch up competitors
Cons
inverted pyramid - a lot of chiefs running around, very few junior staff to develop and support poor technology (since its a Canadian bank, its IT is similar to US co's 10+ years ago) very small platform in US, so hard to cross sell and generate corporate interest lack of investment on corporate banking side - 4 years ago 46% investment grade, now 80+% investment grade clients; lots of layoffs in NYC, San Fran, Chicago, and more to come!? Very few resources compared to competitors - embarrassing on pitches to see co's reaction to lack of analysis compared to other large firms