One of the worst Employers out there - Software Developer HSBC Employee Review

This reviews is specific to IT department of HSBC Australia.Worked there for a year almost and that too because it was my first job in Australia.I would have given a negative rating if possible but unfortunately glassdoor doesn't allow that. It really difficult to put all the cons here coz thats only what is there in the software development/IT division. 1)Huge disconnect between business and IT , business treats developers as slaves . 2)Filled with incompetent and helicopter Managers (these are people who hover above your head all time asking for updates and see what you are doing ie when you are coming in , what time you are going , how many breaks you are taking etc, who have been with organisation for many years and don't know anything else other than micromanaging. 3) Too much of open nepotism and its openly celebrated.E.g if someone who has a big mouth and a boot licker will easily get into good books of the Management or business .So if someone in the above category gives an update in stand up days after days I don't know what i did yesterday , today i am not sure what I am supposed to do it perfectly acceptable and no one questions but if you don't fall into that category where you would be ask to update what you did on a hour by hour basis, it happened to one of my friends there not with me.