There are newer employer reviews for Royal Bank of Scotland

 

Solid investment bank with several strong teams

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Vice President  in  London, England
Current Employee - Vice President in London, England

I have been working at Royal Bank of Scotland full-time for more than a year

Pros

RBS has a lot of strengths despite its terrible reputation. Some of the business units (notably Spot FX) are market leaders. Many of the strongest individuals have stuck it out since the financial crisis.

Cons

There is much government scrutiny over practices within the bank, probably more so than at other institutions. Bonuses are weak.

Recommends
Neutral Outlook
Approves of CEO

702 Other Employee Reviews for Royal Bank of Scotland (View Most Recent)

Sort: Rating Date
  1.  

    2 years working as an Analyst/Associate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst  in  London, England
    Former Employee - Analyst in London, England

    I worked at Royal Bank of Scotland full-time for more than a year

    Pros

    Diversified financial institution and desk rotation policy at junior level
    Good learning experience (desk rotations, training)
    Strong in FX, DCM, Structured Finance

    Cons

    Not aggressive enough
    Bad public opinion / always on the spotlight due to 82% stake owned by UK Treasury
    Uncertain development strategy, pulled out of a large number of opportunistic geographies and products (e.g. M&A in Europe)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    A very educational stint

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern In Structuring  in  London, England
    Former Employee - Intern In Structuring in London, England

    I worked at Royal Bank of Scotland as an intern for less than a year

    Pros

    The pay is excellent; the team-mates are down to earth and wiling to teach you lots, your average MD is not inaccessible.

    Cons

    The company (to be fair, the industry as a whole) is not in the best of times. There is danger of the reduction of the workforce, present at all times. This will either motivate you lots, or will make your experience frustrating.

    Advice to ManagementAdvice

    There is an atmosphere of hidden trepidation to do with anticipation for further reductions in workforce. This is hardly a plus.

    Recommends
    Neutral Outlook
    Approves of CEO
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