- Talent is fleeing, all former group heads have left to european banks or boutiques
- Merger with Corporate Banking => less qualified employees
- Huge amount of red tape
- No events, little team spirit
- Good name in 2006-2007, terrible name now
- Low morale of employees (most people would leave if offered equal job at another firm)
- No room for growth if you're good. You gotta pay your dues and do the time like everybody else
- Impersonal company, corporate culture = zero
- In order to compete with other top i-banks, Citi has matched their bonus levels. However, it has awarded these top bonuses to a lot less people proportionally, pushing most of the good analysts to lower buckets to reduce bonus costs.