Deutsche Bank Reviews

Pros

Great working environment with interesting people from different backgrounds and culture.
Better than expected work life balance, considering the job nature.
Deutsche bank offers lots of job mobility to its employees

Cons

Work invested into the company often not properly rewarded and recognized by the management.
Salary structure not on par with other countries (especially U.S.) considering that the work load is higher.

Pros

Fair working culture, prompting a great culture of informaiton sharing
Structure of environment, easy to find and to ask for information
In general, people are looking for long term relationship and professional in mind
Industrial leader of process control and internal audit standard

Cons

More conservative approach and slower to accept new technology
Front line businesses are not aggressive enough in Asia, Middle East and EM markets and lost market share to peers

Advice to Senior Management

Utilize its global resource and structural advantages to target Asia, Middle East and EM markets with limited allowance of technology deviation in local footprint to accelerate time to market to lead the market share.

Pros

The company is large and well-respected. They offer great benefits, very generous maternity leave. I felt very well taken-care-of by the company. I never saw any discrimination or unfair treatment of employees. Everyone behaved professionally, in my experience.

Cons

I really don't have any problem with the company itself. The only problems I had were the usual complaints about co-workers and a few managers I'd had over the years. The manager I had when I left the company was terrific, so I can't really complain.

Advice to Senior Management

Please stop forcing people to share cubicles. It's humiliating enough to be stuck in a cubicle, but it's bearable if you have your own space. Even if it's four square feet. Sharing a cubicle is demoralizing.

Pros

They encourage a team approach to work and they have a very strong CSR program

Cons

Long hours for an Intern who was also studying for an MBA

Advice to Senior Management

Perhaps cut down the hours to enable the intern to put more focus on studying.

Pros

If you get a good supporting senior manager stick close to them. They are far and few between.

Cons

Hours. So hard to work with others. Overly technical.Expectations are set too high. Management is management when it should be leadership.

Advice to Senior Management

Wake up.

Pros

True meritocracy - you work hard you get rewarded. Entrepreneurial culture, you get to try and explore. Get risk management tools in place

Cons

Bureaucratic - The NY offices did not quite have the open door policy. Management was not transparent as is the case I would imagine at other investment banks

Pros

Benefits package
CSR
Name
Internal job mobility is promoted
Global presence, opportunities available to work in most key deutsche bank hubs

Cons

Poor senior management - Severe lack of direction, some are promoted not on merit but on who they know.

Worryingly, there are some senior managers, especially in technology who are protected by senior MD's. This "allows" them to behave in any manner they wish, resulting in a bullying culture and some very talented people leaving the bank.

Difficult Promotion process - Although in technology there is a more structured promotion process, the management in charge are not always the right people to make the right decisions. Promotions should be based on meritocracy and the persons ability to work at that level. I agree that a SME that struggles to work with others is a difficult candidate to promote and justifiaby needs to improve this aspect if they are to be promoted.
There are many examples of employees who get promoted based on length of service, surely something any tier 1 investment bank should not do if they are to remain competitive.

Advice to Senior Management

Listen to your employess.
Look after your talent before they leave.
Stop protecting senior\middle management that are obviously not fit for the roles they do

Pros

The pay package is good and out of chaos opportunities can arise.

Cons

A process for everything (usually several duplicate processes) but few effective processes.

Pros

Extremely talented group of bankers

Cons

Not a good work/life balance

Advice to Senior Management

Keep it up.

Pros

Great colleagues, generous maternity and leave policy

Cons

Depending on the division, a fair level of chauvinism, "old boy" networks and some level of derision from Europe