Layoffs will be happening soon & the higher ups don’t care about the staff, they need to please the shareholders.
Wake up folks. Retail Banking is as bad as working at Walmart Or McDonalds.
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Citi branches are the equivalent of being in a mcd. Dirty floors and bad staff.
Retail banking is Personal Banking and/or Wealth Management. These are euphemisms for small potatoes customers. It is Not Private Banking which requires a minimum account opening of $3MM.
Retail financial brokerage or basically, retail anything is just as bad. It's like working in Walmart or Mcdonalds. The level of professionalism is low if not non-existent, very few employees have at least a Bachelors Degree, it's sales and commission driven. All they care about is if you can sell financial products and pass the Series 7, 66 Licensing Exams. If you're not a sales person, e.g. FA-Financial Advisor, Personal Banker, you're support staff making 35k to 60k at most. The 50-60k is for support staff who have their Series 7 License. This is Dog Food money and not a living wage especially in big cities. Meanwhile they're worked to death and expected to work overtime sometimes including weekends!
Yep