Deutsche Bank

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

Deutsche Bank Reviews

Updated December 20, 2014
Updated December 20, 2014
1,303 Reviews
3.2
1,303 Reviews
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Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
341 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 70 reviews)


Cons
  • No work life balance; morale could go down at times (in 47 reviews)

  • a culture of long hours where they aren't required (in 63 reviews)

More Highlights

159 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    DB is a global institution and was a pleasure being part of that organization.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY

    I worked at Deutsche Bank

    Pros

    Very Structured. Good systems. Constantly looking to improve technology. Emphasis on streamlining.

    Cons

    Pretty cheap. Offices were not that new and one town hall meeting we were instructed to "curb spending and innovate". Their systems are good though so they have a base.

    Recommends
    Approves of CEO
  2.  

    Great place to start a finance career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Intern in Jacksonville, FL
    Former Employee - Intern in Jacksonville, FL

    I worked at Deutsche Bank

    Pros

    Great working environment, ability to control you career, good management structure/style

    Cons

    Not the greatest pay in the world. Probably has a lot to do with the weak economy.

    Recommends
    No opinion of CEO
  3.  

    My time in Finance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Associate - Finance in New York, NY
    Current Employee - Associate - Finance in New York, NY

    I have been working at Deutsche Bank

    Pros

    Strong, well run company, employees are given many opportunities to grow internally. Managers are usually quite competent and encourage original thought.

    Cons

    Try and boost stock price

    Advice to ManagementAdvice

    Keep up the good work

    Recommends
    Approves of CEO
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  5. 2 people found this helpful  

    Trade Support Middle Office

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Deutsche Bank

    Pros

    - Advancement is based on meritocracy.
    - Benefits are among the best of it's competitors.
    - Compensation is based on performance. High performers are paid well. Low performers are not.

    Cons

    - The internal HR recruiting is not great which makes moving between different groups at DB dependent on individuals but this has improved over the past couple of years
    - Promotions can be very political as committees comprised of senior managers outside of evaluatee's organization are part of the process

    Advice to ManagementAdvice

    - Better internal HR website to make openings within the bank more transparent and to promote movement internally
    - Make 360 feedback (staff rate their managers) mandatory. The most common reason people leave their position is because of their manager

    Recommends
    Approves of CEO
  6.  

    Technology Analys

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Intern in New York, NY
    Former Employee - Intern in New York, NY

    I worked at Deutsche Bank

    Pros

    Balanced worklife, very good development opportunities.

    Cons

    Compensations slightly below investment banking market

    Advice to ManagementAdvice

    Just continue your vision.

    Recommends
    Approves of CEO
  7. 1 person found this helpful  

    Great plac eto get your career going

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Analyst - Technology in New York, NY
    Current Employee - Analyst - Technology in New York, NY

    I have been working at Deutsche Bank

    Pros

    - Nice Co-workers
    - Nice salads in the cafeteria
    - They recognize and support talented people
    - Quite diverse in the lower ranks

    Cons

    - Lack of diversity as you move up
    - A lot of administrative overhead in getting things done
    - Difficult on-boarding process

    Advice to ManagementAdvice

    Open up to the way modern companies like Google treat their employees. Good health / financial benefits is not all we need. Provide spaces to take naps, give free healthy lunches, start a gym in the office, etc. There are many things you could improve on in this regard.

    Recommends
    Approves of CEO
  8.  

    Sailing the Financial Seas well

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Deutsche Bank

    Pros

    Good management strategy in troubled times

    Cons

    Bureaucratic HR processes; followed by poor / rushed communications

    Advice to ManagementAdvice

    Management handling of the company approach during the financial crisis has been right on the money - DB one of the few banks that made it through (relatively) unscathed

    Recommends
    Approves of CEO
  9.  

    Review

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

    I have been working at Deutsche Bank

    Pros

    great graduate training, good people, managed to get through the crisis relatively better than other banks, promote top performers quickly

    Cons

    can be long hours, technology not where it should be, internal competition, not as competitive in new york as in Europe

    Advice to ManagementAdvice

    sometimes things seem to structured, allow for more independence,

    Recommends
    Approves of CEO
  10.  

    It's a great shop

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Deutsche Bank

    Pros

    It's a quality operation. The people are generally first-rate, HR functions properly, pay and benefits are good. If you need something you can generally get it.

    Cons

    As with any bank there are politics to contend with. Compared to many other banks, though, it's got a real emphasis on scrappy meritocracy.

    Advice to ManagementAdvice

    It's obviously hard to give people a lot of proscriptive guidance about what their risk limits are, but calling it "style drift" only if a trader loses money isn't really that smart.

    Recommends
    Approves of CEO
  11.  

    Top quality work without the staggering burden of super-egos.

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

    I have been working at Deutsche Bank

    Pros

    Tremendous opportunities for international postings and development of a global focus. Ego tripping strongly dis-incentivized. The company is more proactive in evaluating employee strenghts/interests and seeking out opportunities for development and that perfect next assignment.

    Cons

    Compensation structure and progression strangely rigid. The technology products can be somewhat outmoded, but are getting better. This may seem like a strange personal prejudice, but it's my contention that any organization that stubbornly refuses to move away from using Lotus Notes will never be the best at whatever it does -- we all have our litmus tests, I suppose.

    Advice to ManagementAdvice

    Communication about overall company health (both successes and failures) is becoming increasingly important -- before it turns up in the press. The bank should also be more aggressive in trumpeting some of it's more recent successes post-Lehman, to qualify the inevitably dreary earnings reports that all banks have and will be issuing in the near future.

    Recommends
    Approves of CEO

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