Deutsche Bank Reviews in London, UK Area

Pros

The name is the only good thing

Cons

Training and development. Compensation. Mangement ethos.

Pros

Maintained reputation during a tough time for the industry.

Cons

Same corporate BS as other big banks

Advice to Senior Management

Important to increase visibility within the organization.

Pros

Diversity of workforce
Compensation
Global mandate, breadth of coverage
Depth of responsibility

Cons

The GBS/GTO Division Operating Model vision is focussed firmly on cost reduction - it's execution of this strategy is aggressive
Multiple / frequent management changes create lack of continuity
Mentality of some key players can be political versus practical - seemingly this is rewarded
Having been at the firm for 10+ years I am delighted with the career development DB has provided me with - I would not however recommend DB as an employer of choice now, in 2011

Advice to Senior Management

Consider your workforce and their potential rather than how they appear on a P&L
Make joined up decisions - the franchise could be a far stronger internal partnership than it is today

Pros

Pride in working at such a prestigious firm, great facilities, excellent accommodations

Cons

Easily can get lost in the crowd, sometimes great talent goes unnoticed

Advice to Senior Management

Strong knowledge of what motivates individuals always helps with decision making

Pros

Good financial courses. Good initiatives!

Cons

Bad management!! - Don't follow he bank's initiatives.

Advice to Senior Management

Follow the bank's initiatives! - Stop wasting so much money !!!

Pros

Teamwork and within and accross teams is effective and productive with little no politics getting in the way, very much a one bank, one team attitude.

Senior management appear to have recognised how under invested IT has been for some time and are making many of the right sort of changes to process and people management. There are lots of signs of improvement but it's slow and painful.

Cons

Lots of carryover from the silos of old where IT would be highly aligned with the business group they cover and not at all with the wider IT direction if one could be said to exist. Though this is changing it's a big culture shift.

Base salaries tend to be lower than competing banks. Very difficult to be promoted internally - many people appear to leave to take more senior positions outside of the firm.

Advice to Senior Management

Stay the course of the recent reorganisation initiative but minimise further churn until it beds down properly. Seek to retain your better people who are feeling extremely undervalued at the moment.

Pros

global community with large scope for internal movement. Strong European roots

Cons

unequal standards in promotions. Rewarding facilitators rather than achievers

Advice to Senior Management

more national diversity in regional huns to level the playing field

Pros

Very professional, inspires growth and development, motivates personal growth, inspirational leaders, tools to excel are easily located. Self starter culture no hand holding which is good as it pushes you to drive yourself further. Amazing experience would love to return one day.

Cons

If you are a temp you can only stay for maximum of 45 weeks until you have to be made perm or leave. Extensive screening - dig very deep and fill every single week gap you may have (took about 2weeks)

Advice to Senior Management

Invest and seek out more younger candidates who have potential and hinger to grow, nurture and support the development and they will soon blossom into strong minded, smart young professionals with the right guidance and support

Pros

DB has exceptional training program. It provides professional and friendly working environment. It also provide opportunities for employees to try different roles within the company

Cons

lunch from DB's restaurant is awful. Trying to arrange most or all division within one big building instead of separates one may improve the branding of DB in London.

Advice to Senior Management

I really appreciate the help and advice provided by my manager in terms of how to work efficiently.
more introduction of the management structure to new employees could be better.

Pros

Very professional and international working environment. Learned a lot from the quality of the people I was working with. Leading financial institution.

Cons

The downside was the number of working hours. However I am not complaining as this was part of the job I was doing, corporate finance advisory.

Advice to Senior Management

It is difficult to manage such a large institution. My advice to top management is to continue was they have been doing over the past 5 years are in my opinion Deutsche Bank is doing well.