Pros
Global bank with strong presence in USA, UK, Germany, Singapore. Depends on your team but you can achieve a good work-life balance. This place is ideal for middle-aged people who have families and want to go home at a reasonable hour. The technology division is very lenient regarding working from home and many really take advantage of this. The pay is decent but make sure you negotiate upfront because salary rarely increases unless you are promoted. Unlimited sick days. 3-4 weeks vacation. With mounting regulatory pressures and tough competition, the bank is trying to reduce costs and increase returns for shareholders.
Cons
Total compensation (salary + bonus) has remained flat or even gone down for some. Promotions, even at the lowest levels, are becoming more difficult to obtain each year. Over the past few years, the Bank has implemented many cost cutting measures almost to an extreme (they do not even provide paper cups at the water fountain or coffee machine). Healthcare costs have steadily increased unless you go for a high deductible plan. Don't bother making business cards since the bank is constantly reorganizing and restructuring. Even though my job description hasn't changed much, my team has been renamed about 6 times in the past 4 years. Top talent has left for other banks leaving less intelligent workers behind.