Deutsche Bank

www.deutsche-bank.de
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Deutsche Bank Reviews

Updated February 28, 2015
Updated February 28, 2015
1,402 Reviews
3.2
1,402 Reviews
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Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
372 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    Fantastic place to build your career

    • 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

    Pros

    Wealth of opportunities, wide variety of projects, great access to thousands of colleagues

    Cons

    Bureacracy, politics, too many legacy systems

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Small start-up feel with large company stability and benefits.

    • 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

    Pros

    Relaxed and friendly environment, casual.

    Cons

    projects may not be extremely exotic

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Analyst

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

    I have been working at Deutsche Bank

    Pros

    Culture is okay across the board- DB has relaxed culture, work hard play hard attitude in most groups.

    Cons

    Work-life balance is non-existent. But that goes with any investment bank. Hierarchy is off the whazoo.

    Advice to ManagementAdvice

    Stop being so cheap.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Great benefits, little upside

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President in Los Angeles, CA
    Current Employee - Assistant Vice President in Los Angeles, CA

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

    Pros

    DB is a great place to work if you are looking for work/life balance, 4 week vacation package, great 401K match (except that it's not paid until 1Q of following year).

    Cons

    Compensation is weak and below market. DB has also instituted a policy to only provide salary increases with promotions, which means NO adjustments whatsoever.
    Managers are not incentives to provide growth opportunities.
    Very difficult to move up the food chain.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Excellent corporate culture with people who wanted to see you succeed whether it be at Deutsche or not.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Priavte Wealth Management in Philadelphia, PA
    Former Intern - Priavte Wealth Management in Philadelphia, PA

    I worked at Deutsche Bank as an intern

    Pros

    Great people, pretty good pay

    Cons

    Not advanced technology to work with

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    great company

    • 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

    Pros

    good salary, good growth opportunity, and good atmosphere, but it's too much work and really long hours to make it big

    Cons

    nothing much really, though several of my colleges are really mean

    Advice to ManagementAdvice

    go for it, guys

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Director GTO

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

    I have been working at Deutsche Bank full-time (more than 3 years)

    Pros

    Super global, still all products and businesses. Technology is now taken very seriously

    Cons

    Not so much. It's an IB, so there are big egos and bs.

    Advice to ManagementAdvice

    Stay course!

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Good Company to work for

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

    I have been working at Deutsche Bank

    Pros

    Innovative products, middle management who cares

    Cons

    Too Many Senior Managers doing nothing , too much dead wood, too many changes and has a hard time retaining good talent due to poor compensation

    Advice to ManagementAdvice

    Take better care of existing people

    Recommends
    Negative Outlook
    No opinion of CEO
  10.  

    Can be good, but you need to be careful

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

    I have been working at Deutsche Bank full-time (more than 3 years)

    Pros

    Great benefits. The bank wants people to be happy and productive and tries through many initiatives. A lot of smart people, but motivation is low. Good work is rewarded.

    Cons

    Very politcal, need to step carefully. The systems are terrible and the proposed solutions are so large that they end up failing. Long term goals are routinely overruled by new initiatives from senior management. There's a lot of talk about communication and making things better for employees, but cost cutting and new regulations routinely trump those initiaves. It can be hard to make meaningful changes from the trenches.

    Advice to ManagementAdvice

    There is a lot of mistrust of management. They know this, and have instituted Town Halls and other forms of communications, but it doesn't seem to hold. The most honest thing I heard in my tenure was "the next couple of years will be bad", but I never was convinced that a proper plan was in place to make the time afterwards better. Management is in a hard spot, DB's capital is low, income is down and there is no clear path on how to make things better (other than "let's do what Goldman is doing").

    Recommends
    Negative Outlook
    Disapproves of CEO
  11.  

    bad working environment

    • 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

    Pros

    great exposure to many markets and products

    Cons

    bad vibe, poor data infrastructure, poor management

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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