Disgraceful managers littered across the Global Markets team - Sales and Trading State Street Employee Review

1.0
Aug 20, 2019
Recommend
CEO approval
Business outlook

Pros

- Great medical and dental benefits - Some members of the wider team were respectful and a pleasure to work with (it is worth noting that these were not managers (the managers in particular were unprofessional, which says a lot about what kind of a person you need to be to climb the ladder)

Cons

- Very poor salary - for a Sales and Trading desk, the salary is far far below market average - Disgraceful managers in the Global Markets team - I would like to particularly call out the Sales team which was (and still is) led by some individuals who have absolutely no manners and were promoting a vicious culture of bullying and public embarrassment under the guise of "this will make you tougher and is good for character building" - HR did nothing about this despite complaints and these individuals are still to this day very well protected at the Sales desk in SSGM Hong Kong - Be prepared to fetch coffee - whether you're an intern or a part of the Graduate program, you're expected to get lunch + coffees for traders + sales staff. We were even expected to get orders from people with whom we had no interaction with by managers and the senior leadership turned a blind eye towards this - this is because of the archaic and toxic 80's banking culture which seems to plague the organisation - the fact that the stock price has tanked over 50% in the last 2 years alone says a lot about how poorly this place is run - Promotions are SOLELY granted by tenure - the longer you've worked there, the higher you climb - merit, intellect, managerial skills do not matter at all

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State Street Response
6y
Thank you for your review on State Street. We take feedback like this seriously, so the concerns you have raised will be investigated internally. We appreciate you bringing this to our attention.

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5.0
Jun 23, 2026
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CEO approval
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Pros

Own book runner and strategy. Good work life balance. Good working environment and nice people to work together

Cons

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2.0
Jun 21, 2026
Recommend
CEO approval
Business outlook

Pros

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Cons

Layoffs, pay is low. Return to office mandate.

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