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Based on previous WSO threads, here are some insights on toxic cultures in certain banks:

  • French Banks: Specifically, Societe Generale has been mentioned for its hierarchical and exclusionary culture, especially towards non-French employees. The work environment includes yelling and berating, with demanding hours that can exceed those of typical US banks.

  • LMM PE Firms: Some lower middle market private equity firms have been noted for worse work-life balance and lower pay compared to bulge bracket banks. The work can be less intellectually stimulating and more focused on nitty-gritty management tasks.

  • General Toxic Cultures: There are mentions of banks where management touts "culture" as a selling point without maintaining it, leading to poor work-life balance and dissatisfaction among employees.

If you have specific questions or need more details, feel free to ask!

Sources: Warning re: LMM PE, Investment Banking in Paris, Bad team culture: A vent, Most toxic banks and groups (2023 update)?, Banks with best cultures

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