Pros
Brand (looks good when applying elsewhere), title inflation (also helps if you embellish your resume), most benefits (can coast financially if you lack skills other than playing politics and are lazy)
Cons
Overly bureaucratic, risk averse culture. Very poor morale, especially at HQ. Inability to be innovative as it’s far too compliance driven. This leads to tons of mind numbing compliance work and bloated risk teams, but under resourced elsewhere. Very uptight environment where you need to do as you’re told, keep your head down and be friends with your Exec staff to move up. Diversity initiatives leads to reverse discrimination where women/minorities are hired/promoted due to race but often lack skills. Favoritism means higher skilled people who aren’t a protected class are often passed over and treated like second class citizens. The Technology leadership acts like a dictator who leads by fear to cover his own short comings. He’s a cancer on the Org while the Senior Execs have looked the other way for years. He has a strong bias towards Indians and is overtly racist but somehow this is ok. Lower level teams are measured on “The How” but sometimes he and the other poor leaders are given a pass. Overall toxic environment that I wouldn’t wish on my worst enemy. Finally, the total compensation is not competitive. If you want to be a tech company, pay like one with much more generous stock awards.