Dexia Sucks Customer Reviews and Feedback

From Everything.Sucks

Dexia N.V./S.A., also referred to as the Dexia Group, was a Franco-Belgian financial institution active in public finance, providing retail and commercial banking services to individuals and SMEs, asset management, and insurance; with headquarters in Saint-Josse-ten-Noode, Brussels. The company had about 35,200 members of staff and a core shareholders' equity of €19.2 billion, as of 31 December 2010, and provided governments and local public finance operators with banking and other financial services. Asset Management and Services provided asset management, investor, and insurance services, in particular to clients of the two other business lines.

According to researchof Netwerk Vlaanderen Dexia in 2005 together with AXA, Fortis, ING, and KBC invested over €6.6 billion in companies that were involved in human rights violations. The companies and projects in which banks invest are controversial because of their support for dictatorial regimes, forced displacements, and forced labor. The criticism concerns among others investments in a gas pipeline in Myanmar and the BTC pipeline through Turkey, Azerbaijan, and Georgia. In 2005 Dexia announced a new policy concerning the weapons industry. Companies involved in the production of anti-personnel mines will be completely barred from banking services. For investment funds, there is no limitation of investments in the weapons industry.

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Analyste (Former Employee) says

"Je ne recommande pas cette entreprise pour les embauchés en CDD, les étrangers ayant un titre de séjour, les stagiaires, les plus jeunes en général, qui sont la variable d'ajustement car leur statut ne les protège pas. Ils ne sont pas récompensés d'avoir rejoint cette entreprise en situation de démantèlement. Cons: Salaires, abus sur les juniors, CDD et les étrangers en titre de séjour"

Project Finance - Credit Analyst (Former Employee) says

"Did not really like the ambiance at Dexia."

Responsable de projets immobiliers (Former Employee) says

"Bon responsable direct."

Gestionnaire Back Office des Marchés financiers (Former Employee) says

"- rythme de travail équilibré; Cons: Entreprise en extinction"

Senior Associate (Current Employee) says

"Dexia used to be a great company. However, the company becomes old and the management does not do their job. This is not a place for your professional. Place to avoid Cons: No professional perspective"

Gestion Performances Services et Référentiel (Current Employee) says

"Gestion des bases tiers crédits et marchés : Création / modification de tiers Crédits et Marchés,"

Credit Analyst, Portfolio Manager (Former Employee) says

"As an employee in the early 2000s, Dexia was the premier global financial institution to work for (great benefits, work life/balance, job growth, etc.) prior to their gov't bailouts Cons: weak management team"

Current Employee - Pee-On says

"I have been working at Dexia full-time for more than 10 years Cons: Below market-rate pay. By far, the most incompetent, inept management I have come across in my career, thanks to the top-heavy organizational design preferred by the French. Bureaucracy and red tape prevent real work and innovation from occuring. Seriously, do not waste your time at this place. Also, please disregard the completely biased and factually incorrect review posted in February 2014 by senior management (yes, we know who you are). Ask any current or former employee, and they will undoubtedly tell you that joining Dexia was the biggest mistake of their career (unless they are French)."

Former Employee - Assistant Vice President says

"I worked at Dexia full-time for more than a year Cons: Lack of motivation. Management . This place deserves the recognition as the worst run place."

Former Employee - International PR Manager says

"I worked at Dexia full-time for more than 3 years Cons: Unless you have a French diploma from a Grand Ecole - don't even bother to apply. Your competencies will never be valued."

Current Employee - Analyst says

"I have been working at Dexia full-time for more than 3 years Cons: Senior management is not supportive and does not want change because their status quo is supported by Belgian and French tax payers."

Former Employee - Anonymous Employee says

"I worked at Dexia full-time for more than 3 years Cons: Can't say as I'd get their lawyers after me."

says

"I worked at Dexia Cons: the real work done is not recognized too much sterile politics obvious glass ceiling no management leadership at every level while the bank face another crisis communication within branch and intra group non existent at best"

says

"I have been working at Dexia Cons: No respect. No development opportunities. Our salaries are going down."

Current Employee - Senior Manager says

"I have been working at Dexia full-time for more than 8 years Cons: Objectives are unclear and fuzzy politics often dominates rational thinking. Obsolete and crazy IT structure creates silos, misunderstanding and confusion. In process to be closed."

Assistant Vice President says

"I have been working at Dexia Cons: Lack of motivation and initiative among many of the worker bees. No real innovation here. IT organization is completely inept, using technologies long considered out-of-date at any other "real" bank. Typical French politics. if you speak the language, you might advance a bit faster than a non-French speaker."

says

"I worked at Dexia Cons: Very political Foreign based so French and Belgian people have the "home" advantage Pay is very much below market Poor management Terrible HR"

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