Deutsche Bank

  www.deutsche-bank.de
  www.deutsche-bank.de

Deutsche Bank Reviews

Updated 24 October, 2014
Updated 24 October, 2014
1,238 Reviews
3.2
1,238 Reviews
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Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
318 Ratings

Review Highlights

Pros
  • Good work-life balance and a global footprint help one explore the corners of the world (in 109 reviews)

  • Change is the only constant - a highly dynamic work environment (in 69 reviews)


Cons
  • No work life balance; morale could go down at times (in 45 reviews)

  • a culture of long hours where they aren't required (in 61 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Diverse, global and interesting decade long career at DB

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President Human Resources in London, England (UK)
    Former Employee - Vice President Human Resources in London, England (UK)

    I worked at Deutsche Bank full-time (more than 10 years)

    Pros

    Global thinking, a bit more human and innovative than the other banks on Wall Street

    Cons

    Poor promote from within culture...

    Advice to ManagementAdvice

    Need to reward people for out of the box thinking

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Credit Trading

    Former Employee - Credit Trading in New York, NY (US)
    Former Employee - Credit Trading in New York, NY (US)

    I worked at Deutsche Bank part-time (less than an year)

    Pros

    Great atmosphere and work environment. Ability to gain knowledge is completely dependent upon your work ethic and desire to learn.

    Cons

    Slim guidance from upper management. More of a sink or swim environment. If your unable to teach yourself or unable to figure out how, this job is not for you.

  3. 1 person found this helpful  

    good entry level jobs

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Deutsche Bank full-time

    Pros

    career development, benefits and culture

    Cons

    big banks can be a bit disorganized

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    Research Foccussed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate Risk in Mumbai (India)
    Former Employee - Associate Risk in Mumbai (India)

    I worked at Deutsche Bank full-time (more than an year)

    Pros

    DB Center is research focussed, only for the best minds in the industry.

    Cons

    Very hectic and stressful job

    Advice to ManagementAdvice

    Retain the uniqueness of the skill sets, chart out roles and roadmaps properly

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Good employer for a junior employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Finance Associate in London, England (UK)
    Current Employee - Finance Associate in London, England (UK)

    I have been working at Deutsche Bank full-time (more than 3 years)

    Pros

    The graduate program is very thorough and offers varied job rotations and qualification opportunities. Also being a global investment bank means there are options to move abroad internally and are often encouraged by senior management.

    Cons

    Being a large bank can mean that any change initiatives being undertaken can be very slow and sometimes ineffective which can damage employee morale with large sums of money being wasted.

    Advice to ManagementAdvice

    Implement change at a smaller level as opposed to trying to change the entire bank at once.

    Recommends
    Neutral Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Good people, bad programs and no training

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - PWM in Los Angeles, CA (US)
    Current Employee - PWM in Los Angeles, CA (US)

    I have been working at Deutsche Bank full-time (more than 3 years)

    Pros

    Vacation time is generous, not restrictive with corporate card use to entertain clients/prospects, relatively easy to communicate with senior management, great people.

    Cons

    Archaic systems, e.g. LOTUS NOTES!, no training except for analysts who don't deserve or appreciate it, bonuses are subjective. Bankers not held accountable for overspending or not producing results.

    Advice to ManagementAdvice

    TRAIN THE PEOPLE WHO HAVE BEEN LOYAL AND ARE ASKING FOR IT! REWARD LOYALTY AND MERITS WITH MORE COMPENSATION OR YOU WILL CONTINUE TO LOSE GOOD PEOPLE AND HAVE TO REPLACE THEM WITH MORE EXPENSIVE HIRES.
    WHY HIRE OUTSIDERS AND PAY THEM A LOT MORE THAN THE CURRENT EMPLOYEES?

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    Learnt how to behave professionally and how to work with Excel during my internship

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern Global Wealth Management in Luxembourg (Luxembourg)
    Former Employee - Intern Global Wealth Management in Luxembourg (Luxembourg)

    I worked at Deutsche Bank as an intern (less than an year)

    Pros

    - many small discretionary projects for interns
    - very strict rules, a lot of online trainings, and people with integrity make you play the game in finance safe (with no mistakes)

    Cons

    - projects are repetitive and boring after a while
    - people are too boring and stiff, which makes it difficult to like waking up every morning to see the same people over and over again
    - low to no tolerance for errors

    Advice to ManagementAdvice

    - don't fund government, do not interact with politicians, and stay out of the business of making regulations, laws, rules etc.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  9.  

    Too much reorganization, too much internal competition

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in Singapore (Singapore)
    Former Employee - Associate in Singapore (Singapore)

    I worked at Deutsche Bank full-time (more than 5 years)

    Pros

    Good pay
    Some very smart people
    Pretty diverse in some locations

    Cons

    Constant reorganisation, my team was merged and de-merged and re-merged almost every year
    Astounding amount of internal competition, people busier with taking credit than anything else
    Some extremely stupid people in extremely high places

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    All in all it's not too bad, but could be a lot better.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst in Jacksonville, FL (US)
    Current Employee - Senior Analyst in Jacksonville, FL (US)

    I have been working at Deutsche Bank full-time (more than 5 years)

    Pros

    Work/Family balance is the best. Most of the people I work with are great.

    Cons

    Promotions are slim. constant Performance reviews are 100% crap and useless. Managers change so often how can I get a legit review from my manager when it's change 3 times in a year,

    Advice to ManagementAdvice

    Need to promote more within. Stop restricting currently employees from seeking other positions. Management greatly stifles and frowns on trying to go to another position.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Constantly changing structures ensures nothing actually gets finished

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President in London, England (UK)
    Former Employee - Vice President in London, England (UK)

    I worked at Deutsche Bank full-time (more than 3 years)

    Pros

    Good, competitive pay and great benefits. Decent career progression if you work hard and actively seek it. Given a lot of responsibility and autonomy from day one.

    Cons

    Management structures change seemingly daily with no real purpose, clarity, focus, or ultimate goal laid out before the changes are made. As such the work seems aimless and the intentions of the reorgs are 'retro-fitted' to meet personal agendas.

    Recommends
    Neutral Outlook
    No opinion of CEO

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