Deutsche Bank

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

Deutsche Bank Reviews

Updated 21 October, 2014
Updated 21 October, 2014
1,228 Reviews
3.2
1,228 Reviews
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Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
315 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.  

    Competitive salaries, tough to grow

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

    I have been working at Deutsche Bank full-time (more than an year)

    Pros

    Competitive salaries
    Good benefits
    Good lower level work force

    Cons

    Poor management
    Poor systems
    Long hours
    Management does not listen to employees

    Advice to ManagementAdvice

    Listen to your employees. The operational center point belongs to those employees who work on the day to day. Low level managers seem to have little to no clue on the process. Many hours are spent in meeting with a lot of talk, but action needs to take place.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    Not so solid graduate program

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate - Technology in New York, NY (US)
    Current Employee - Associate - Technology in New York, NY (US)

    I have been working at Deutsche Bank full-time (more than an year)

    Pros

    Deutsche Bank has one of the largest graduate programs amongst all the investment banks, rotations allow you to try a few different areas before you settle on your desk

    Cons

    Some of the managers who take on graduates just do it for lip service, it's sometimes difficult to land rotation that has good work, so even though the general idea of the rotation is to help you gain knowledge and good overview of several different areas, you rarely get that unless you end with a good manager

    Advice to ManagementAdvice

    Graduate program too long, evaluation needs to be 360 degrees like other banks in order to make managers accountable for themselves

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    European Centric Bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President - Technology in New York, NY (US)
    Current Employee - Vice President - Technology in New York, NY (US)

    I have been working at Deutsche Bank full-time (more than an year)

    Pros

    - Great benefits and people; People are smart and generally good natured
    - Lots of great initiatives to work on
    -

    Cons

    - Analysis paralysis
    - Too many egos
    - Subject Matter Expertise is concentrated with key employees and there is high demand for their time. This delays progress

    Advice to ManagementAdvice

    None

    No opinion of CEO
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  5.  

    Could be better

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

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

    Pros

    You can take a way a lot of good things networking with people around you.

    Cons

    Management has little incentive in making you grow in the company or in trying to lead and motivate you.

    Advice to ManagementAdvice

    Should be looking more after its own employees instead of working under the model" I don't need to talk to you unless I hear there is a problem".

    Doesn't Recommend
    Neutral Outlook
  6.  

    A large company with unclear responsibilities

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

    I worked at Deutsche Bank full-time

    Pros

    DB offers number of opportunities like any other large bank. It has more of an entrepreneur approach. Overall good people in Switzerland. Offers competitive salaries and good pension schemes.

    Cons

    No transparent processes and responsibilities. Too many team changes i.e. good working teams being dismantled. Cannot deal very well with internal critic.

    Advice to ManagementAdvice

    I believe some people in DB have been overly protected while others had to pay the price for their honesty.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    I love, great employers and great money.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President in New York, NY (US)
    Current Employee - Assistant Vice President in New York, NY (US)

    I have been working at Deutsche Bank full-time (more than an year)

    Pros

    Friendly work environment, management has been built around a core of strong smart and hard workers who don't quite till the job gets done.

    Cons

    Office times aren't the greases especially around taxing season as we have to file reports on everything,this usually involves 16-18 hour days.

    Advice to ManagementAdvice

    I am part of the management.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Overall I would recommend working in DB, good work-life balance

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

    I have been working at Deutsche Bank full-time (more than an year)

    Pros

    work-life balance, lot's of -elearning stuff, oportunities to change departments, learn new things

    Cons

    bad global system, lack of good communication between engaged teams in the process.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    DB Risk Centre oversold and underpaid

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Team Leader in Berlin (Germany)
    Current Employee - Team Leader in Berlin (Germany)

    I have been working at Deutsche Bank full-time (more than an year)

    Pros

    Berlin is a lively alternative city. Work life balance is quite good

    Cons

    DB Risk Centre is sold as a unique division of DB with great talents. However the level of workers is very uneven and it is not uncommon to see managers with no experience at all either managing or in banking. Turnover is incredibly high, around 1 year, which means: you go, realise it is not for you within one month and start looking somewhere else.
    Many people from Italy, Spain, Greece think they are offered a good salary compared to their countries, but the truth is that it is dramatically below the average for Germany. There were legal actions against DB Risk Centre for contracting people with salaries below legal minima.
    It is a compromise between Frankfurt and Mumbai: donkey work slightly cheaper than in the headquarter.

    Advice to ManagementAdvice

    Invest in real managers both in technical and interpersonal terms. Invest in people.

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

    Good people

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

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

    Pros

    High capable individuals to work with. Professional get the job done attitude

    Cons

    Org structure is changing all the time.

    Advice to ManagementAdvice

    Change management can be better

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Amazing experience and lots of actions.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IMAC Operations Manager in New York, NY (US)
    Former Employee - IMAC Operations Manager in New York, NY (US)

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

    Pros

    Lots of people to meet with great opportunity to grow. Visited many offices in the US and all the workers are very friendly and helpful.

    Cons

    So many managements and changes that the support team have a hard time following. Recently assigned team leads are a joke. Instead of mentoring and provide supporting for their team member, they are nothing but manager's puppies.

    Advice to ManagementAdvice

    Recent deskside outsourced management does not not have a clue how to run the business. Please bring back the old management team.

    Recommends
    Positive Outlook
    No opinion of CEO

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