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Deutsche Bank
3.4 of 5 751 reviews
www.deutsche-bank.de Frankfurt, Germany 5000+ Employees
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Deutsche Bank Reviews

Updated May 22, 2013
All Employees Current Employees Only

3.4 751 reviews

                             

83% Approve of the CEO

Deutsche Bank Co-Chairmen & CEO's Germany Jürgen Fitschen & Anshu Jain

Jürgen Fitschen & Anshu Jain

(120 ratings)

71% of employees recommend this company to a friend
751 employee reviews
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Former Employee – worked at Deutsche Bank full-time for more than a year

ProsIts a big brand name and pays decent compensation. Better for those who want to work less and network more.

ConsDifficult to achieve self-respect there. Till the time results are satisfactory, nobody bothers to look at right or wrong.

Advice to Senior ManagementVision of a great upper management has got blurred at the hands of local authorities

No, I would not recommend this company to a friend

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Former Employee – worked at Deutsche Bank full-time

ProsIt's a major bank and therefore a good name on your resume. You are left alone to do your work - contact with managers and team members is minimal, it's entirely possible to go the whole day without speaking to anyone.

ConsIf the manager doesn't like you then you will go nowhere. The bonus pool is split between a few of the managers favorites, and has nothing to do with rewards for good work.

Promotion never happens - they always hire new people in from outside, so the only way to move up is to move on.

managers shout at employees. It's pretty much the opposite of a friendly fun place to work.

No, I would not recommend this company to a friend

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New York, NY (US)

Former Employee – worked at Deutsche Bank full-time for more than 7 years

ProsGood dedicated people, Nice working environment

ConsPolitics, spineless managers, reorg every quarter, very little room for dissent

Advice to Senior ManagementRecognize talent and get rid of smoochers

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Singapore (South Africa)

Current Employee – been working at Deutsche Bank full-time

ProsBig Organization and good location in Singapore (not moving to Changi)
Friendly working environment

ConsSlow to Change
Very hierarchical (HR won't say that though)
Disorganized
Training by Managers not so good

Advice to Senior ManagementBetter training and development for new hires
Don't be so hierarchical, let the young use their energy and ideas

No, I would not recommend this company to a friend

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London, England (UK)

Current Employee – been working at Deutsche Bank full-time for more than 7 years

ProsCulture is quite confused in uk office

ConsConfused in terms of direction

Advice to Senior ManagementLess layers

Yes, I would recommend this company to a friend

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Frankfurt am Main (Germany)

Former Employee – worked at Deutsche Bank full-time

ProsColleagues provide for a good working environment

Consworking hours and relatively small pay.

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New York, NY (US)

Former Employee – worked at Deutsche Bank full-time for more than 7 years

ProsI liked working with the sales staff. They were generally a lot of fun and had high energy.

ConsThe environment in the regulatory area was unpleasant. There was a lot of favoritism and nepotism. Most of the people who got promotions were all friends.

Advice to Senior ManagementEverything starts from the top. If the top is corrupt don't expect the workers to be any better

No, I would not recommend this company to a friend

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Bangalore (India)

Former Employee – worked at Deutsche Bank full-time for more than a year

Pros- Stable work environment
- Global outreach for personal development and career options
- Interesting people to work with

Cons- Stifling work environment sometimes : pseudo innovation rewarded rather than actual improvements
- Lethargic on technology changes
- In India, DB has a very nepotistic and "arse-licky" culture, especially in the back offices

Advice to Senior Management- Hire younger energetic people with good ideas
- Give people enough for them to be vested in actual improvements but not long enough for them to be regarded as indispensable or rulers of their kingdoms
- Document processes more effectively and be more transparent on performance metrics with all reports. Especially in cases where performance cannot be simply measured but must be gauged by VOC, etc

No, I would not recommend this company to a friend

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Former Employee – worked at Deutsche Bank

ProsVery good work life blance.

ConsEnvironment promoting "kill all initiatives" culture. Organization run by risk department.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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London, England (UK)

Former Employee – worked at Deutsche Bank full-time for more than a year

ProsGreat place to start a career, lot of smart people to learn from. Good pay and reputed job

ConsLots of bureaucracy in office , easy to get lost in the crowd. Long hours and hard work is not always appreciated

Advice to Senior ManagementBe more honest with junior employees

– I'm not optimistic about the outlook for this company

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