Since we are slowly migrating from the interview stages to the post offer stage, the threads are starting to move much more towards XYZ vs ABC. I wanted to take time to talk about the "culture" question that keeps coming up. In particular kids asking about the culture of the bank.
My one piece of advice: you should not make a decision based on the perceived culture of the overall bank, culture is very desk specific. The culture of the cash equities desk is going to be different from the delta one desk which is going to be different from the flow equity derivs desk which is going to be different from the exotics desk. Same thing with FICC, the structured credit desk is very different from the flow credit desk.
Why is this so?
When people talk of culture relating to jobs, it means how you get along with the people you work with. Its pretty obvious that this comes down to the personality of a handful of people on most desks. For example a flow equity derivs desk can have as few as 10 people, this is a very small group for there to be talk of a culture.
Therefore when asking for input on culture, specify it by desk. There is a lot smaller chance you will get an answer, but if you do it will actually be a useful one.