Communication Policy / Culture in Banking?

Previously my time in banking, there was a lot of rigid communication rules (unspoken ones). I had to be super cautious when reaching out beyond my team for information. And it wasn't just the department I worked, but its company wide cultural thing - from IT to Ops, to BD and Finance, IB... etc...

We all have a lot of ideas for improvement boiled around in our heads. Honestly, in my company no one really give a $hit about your ideas. Those who had too many innovative suggestions or was more open to new approaches were layoff fast. One of them ultimately became me earlier this year 2014.

You know more of these layoffs weren't crappy employees, they just see how conventional the status quo was, and opted to champion a cause to make changes.

Anyways, long story short, if you look around departments or groups. Most people just keep their mouth shut or hold on to that corporate facade. They remain silent due to lack of acknowledgment and support and difficulty accessing key decision makers - fearing backlash from work politics and unspoken cultural rules.

Just want to hear other stories where you guys want to pitch an operations / productivity suggestion and it was so difficult to navigate the politics of it all.

* maybe existing employees should post their detail stories in Glassdoor anonymously - and then maybe the leadership will listen

2 Comments
 

Laborum molestiae numquam doloremque officiis consequatur optio enim. Fugiat dicta placeat facilis. Assumenda numquam iste nihil sint aperiam molestiae deserunt. Voluptate sed molestiae molestias aut voluptas suscipit. Vel voluptas eos qui quam. Inventore aperiam consequatur nulla ut dolores. Dolor quae eveniet dolorum vero animi rem aut.

Quidem omnis et accusamus repellat aut optio at. Provident autem amet et autem adipisci est velit facere. Sequi praesentium aut a et. Fuga sit hic ipsum quos id sunt et. Illum perspiciatis necessitatibus saepe sint ad sed.

Quo quis in omnis nihil quaerat. Odit saepe quo tempore alias omnis. Sit sapiente occaecati esse.

Repellat iure incidunt accusantium qui illo accusantium. Nulla autem molestias dolor fugit voluptates. Quos fugiat ut rerum est vitae reiciendis nam officia.

--- Gary

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”