Vantaggi
Pay, that's all. Benefits were slashed to the bone now. Some good people but very inept senior management, very hard to keep talents and most or all of the good ones are gone, the ones staying may not be on par for their titles and job responsibilities. Most don't understand the real business problems nor have managerial skills. And when they do understand, the solution is not there, mostly buying time by implementing ineffectual delaying tactics or endless meetings with committees. There are some interesting initiatives, like trying to shut down old dilapidated branches and replacing with robots or apps, but this maybe too little or too late at this point, given the severe competition and headwinds.
Svantaggi
The place is very weak. No strategy, just reacting to events or situation, and doing that poorly. Brand recognition is low. Technology is non-existent, somehow they think throwing bodies and consultants at problems is the best way (it is if you are minimizing costs and number of employees for the eventual sale of the bank). My peers are suspecting that at the current pace parts or all of the company maybe up for sale because simply hard to achieve any semblance of reasonable returns for the investors' money. Cost control is not effective, cutting costs resulted in comparably reduced revenue, negating any positive impact of such cost containment. Did I say adverse selection of employees? After years of attrition, the ones who are still there in the management ranks are those who can't find a job elsewhere. It's no secret people are waiting for their packages once the hammer falls. Yes, some good ones, but that's like a few among dozens in a typical department.