All you have to do is google “BNY lawsuit” to find the endless number of articles about the shady, incompetent, or down right illegal and corrupt practices that this place engaged in for many years. What’s really sad is that we were turning the tide in the late 2010’s and held strong through the pandemic. Now we are back to the toxic, self-serving, don’t care about clients care, attitude up and down the chain. It’s not shocking, considering the CEO himself was one of the main leaders at Goldman embroiled in the 1MDB scandal. Brought that mindset with him. Unethical is en vogue again. I would say corrupt, but I may have someone ask me for a 5 year paper trail to justify it like the in-office tracking nonsense
P.S. does anyone actually think there’s an issue with the in-office system? It’s by design, the goal is to make life as miserable for everyone, so that you either quit or they can justify a PIP.
Whatever, the real fun will start when we start hemorrhaging clients. My friends at Citi, JP, BOA….just to name a few, they are getting the inbound inquiries of current BNY clients looking to GTFO in the next year. It’s a house of cards. Get out whether you’re an employee or a client, and do it as soon as you can.