Deutsche Bank Reviews

Updated 30 September, 2014
Updated 30 September, 2014
1,207 Reviews
3.3
1,207 Reviews
Rating Trends

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Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
307 Ratings

Review Highlights

Pros
  • Good work-life balance and a global footprint help one explore the corners of the world (in 106 reviews)

  • Change is the only constant - a highly dynamic work environment (in 67 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 60 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    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 for more than a 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
  2. 3 people found this helpful  

    You can do better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President  in  Cary, NC (US)
    Former Employee - Assistant Vice President in Cary, NC (US)

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

    Pros

    The Cary, North Carolina physical plant is very nice. It is located right next to the Black Creek Greenway, a pleasant afternoon walk. Promised future renovations include a cafeteria and gym.

    Cons

    They never do things right the first time. Middle management seems incapable of learning from its many failures. Senior management encourages middle management to blame subordinates instead of taking responsibility. The pervasive culture of blame means people spend more time and effort finger-pointing than actually doing work.

    Advice to ManagementAdvice

    Your employees ignore what you say but attend to what you do. Act accordingly.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Good start for career, but Deutsche Bank needs to do a lot better

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

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

    Pros

    - Great graduate training program
    - Excellent market access
    - Excellent analytics
    - Some excellent areas work in, but difficult to identify
    - Great (not excellent) benefits
    - Excellent training opportunities

    Cons

    - Poor technology platform, even by bank standards
    - Attrition too high
    - Too much politics
    - Too much wasted resources
    - Top management (esp CEO) not visioinary

    Advice to ManagementAdvice

    In one short phrase, management lacks vision.

    Examples:

    A. Sometime in 2005-2006, addressing a large crowd of interns / graduate training full-hires, one of the current co-CEOs emphasizes: "Great banks need three things: (a) market access, (b) intellectual property, (c) prop trading. We have (a) and (b), but are behind industry leader (Goldman) in (c).

    Same person in 2009: "Prop has no business inside a broker-dealer investment bank".

    B. Circa 2005-2006, top US-based economist, to a large crowd of newly minted employees: "There is no housing bubble in the USA. In fact, I just closed on my house",

    C. Circa 2008, top US-based government affairs economist to a large crowd of trainees: "The US Government will not allow GM to fail; therefore, I am buying GM common stock". Needless to say,

    D. Co-CEO, circa 2012: "We don't need to raise capital.". Well, we all know what happened.

    Recommends
    Negative Outlook
    Disapproves of CEO
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  5.  

    DB - couldbe som much more.

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

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

    Pros

    Large financial firm - great learning experience.

    Cons

    Work Life Balance
    Not much room for advancement
    Boune not truly meritous

    Advice to ManagementAdvice

    Your staff hould not be viewed as a cost but rather an Investment.

    Recommends
    Negative Outlook
    Approves of CEO
  6.  

    Analyst

    • 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 for more than a year

    Pros

    Learning curve; variety of projects

    Cons

    No work life balance; morale could go down at times

    Advice to ManagementAdvice

    Mentorship

    Recommends
    Neutral Outlook
  7.  

    Good place to work, but a bit slow

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

    I worked at Deutsche Bank full-time for more than a year

    Pros

    Diverse work force. Great office spaces. Regular work hours and good benefits. Better than average PTO days. You can also take advantage of a number of company sponsored technology or business classes.

    Cons

    For me, working in bank IT is less exciting as working for one of the tech companies in the Silicon Valley. The culture of large investment banks are also less "uplifting" than SV companies.

    Recommends
    Neutral Outlook
  8.  

    Very rewarding

    • Work/Life Balance
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Deutsche Bank

    Pros

    very interesting people that work there

    Cons

    no personal or professional growth there

  9.  

    What you make of it

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Deutsche Bank

    Pros

    Hours are good if you are smart

    Cons

    Middle management is horrific. Senior management a bit better

  10.  

    -

    • 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 for more than 3 years

    Pros

    up to 18 months salary

    Cons

    no work-life balance, employees are overworked

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Non Colloborative Culture

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

    I worked at Deutsche Bank as a contractor for less than a year

    Pros

    Free Parking and Convenient Eateries Nearby.

    Cons

    Unfriendly working environment. No one wants to share. Management is stifling.

    Advice to ManagementAdvice

    Don't send department wide emails telling people not to speak English in the common areas - that does not look good on your cultural diversity kudos. I'm 100% English and I'm ashamed to have experienced this.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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