Company has little to no back office, especially in commercial banking.
For short stints they claim to have an appetite but no plan - just "grow de banc." This is represented as an entrepreneurial opportunity - build it and they will THEN invest in a back office to manage it, and THEN they will pay you.
But even if you do build it, they don't deliver.
Because they can't.
They are HQ'd in Spain with a huge presence in Brazil, a newly large presence in the RBL space in TX and a major concentration in subprime auto, which hasn't blown up yet but clearly has to. They jump from bubble to bubble and it seems safe for a while.
Then when there is a new capital problem, it's the workers' fault. Even if the workers built the portfolio they were told to build. Because you built a castle but the bricks aren't paid for.
It appears entrepreneurial until the next bubble bursts