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Standard Chartered Bank

2.5
Website: http://www.standardchartered.com... Country: Singapore Sector: Financials Size: 86865+ Employees

Standard Chartered Bank Review Detail

Employer Reviews Review Detail

"StanChart - Where Every Days is a Working Miracle "Here For Foot(balls)""

Director 2013 Former Employee · 26 Sep 2013

Pros

pay a notch above the market for senior hires.

Cons

This wanna-be bank has to attract talent by paying a notch above the others. Whilst its Wholesale bank was bearable until 2010 (Citibankers invasion), its Consumer bank (CB) is an oligarchy run by a handful of larger-than-life indians who protect each others back and show returns at all costs to a geriatric board sitting in the UK. Beware to all, this a venus fly-trap. You are welcome as long as you walk the party line and l... the boots of the indian boys club that run the show. It grew exponentially from 2007 onwards hiring: an army of local singaporean cheap labour to change different colour light-bulbs, a number of highly paid Aussies and undesirable leftovers (with a gift of the gab) from other banks. for senior staff, Once you fall for its salaries it is difficult to get out of the trap. I cannot total the number of headhunters who told me that I was lucky to get out after 2 years, otherwise I would be branded SCB - "Here of Foot" and no serious bank would consider me thereafter. Like Incredible India - inside it is everyday a working miracle.

Advice to Management

Time to change your Indian possey in power. Shifting them around from Singapore, Mumbai, Dubai, taiwan and Seoul does not fool the public nor make it a better workplace.

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