Pros
Good opportunities to get marketable experience earlier in your career vs elsewhere on Wall Street.
Cons
The management has always been cost focused but they managed to balance this with growth. This has increasingly given way to a management philosophy of growth by cutting. Recent M&As seem random and a poor decision except as cost reduction thru scale. Management seems rattled by poor execution of new initiatives and can't see past its nose. Deep cuts to headcount have reinforced silos by encouraging defensiveness and anyone that tries to work across them ultimately penalized. Company has vision to sell to investors but on the inside there is little of that binding the myriad P&Ls except overburdened central functions and brainddead, self congratulating management. Recent pay cuts hit top performers and headcount cuts hit deep while no such drastic measures made by competitors. As a consequence top talent not positioned to benefit from an inevitable acquisition looking for the exits.