Deutsche Bank Reviews

Pros

Employee friendly environment.
Growth opportunities
rewards and Recognition to motivate employees

Cons

Low compensation

No other downsides of working at bank

Pros

Large bank, good entry to resume. It is easy to find another job at a second tier bank if you worked at DB.

Cons

Political place. Granted that anywhere there are people there will be politics... Here it is much more than other places.

Advice to Senior Management

Rein in the political fights and try to keep the management-level personnel stable. Plus large deferred cash comp doesn't help morale

Pros

Stable workplace, good reputation. Good development opportunities

Cons

Lack of leadership skills in Mid management

Advice to Senior Management

Reconise hard working employees and improve selection of leading managers

Pros

Flexibility in your work situation and remote access is great. Many colleagues work from home at least one day per week-this is great for working parents. There are many great programs relating to cultural diversity that promote and enhance a very inclusive environment for staff.

Cons

DB has the potential to be an exceptional environment for real growth and development, however there is way to go before that becomes a reality. Current management changes, ongoing upheaval and outsourcing makes this difficult. This puts undue stress on staff who are looking for guidance and direction.

Advice to Senior Management

perhaps triaining for managers so that they actually can properly guide the careers of motivated employees as opposed to selecting only "high potential" candidates towards increased responsibilities and growth.

Pros

Great Company for benefits. Global company so get to colloborate with employees from various countries. Opportunity to learn from a global prespective.

Cons

Missing strong mid level managers. Hiring process can be based on who can recommend their own candidates and not completely on talent or professional background. One can get hired if you know the right people. Preference given mainly to local workforce only. Work experience is based on what team or domain you end up working with. Some teams are really great and some teams not so great.

Advice to Senior Management

Success depends on how you empower people. Managers create atmosphere for success. Remove personal agends of managers for the success of center.

Pros

Global presence decent technology decent trading floor

Cons

Overall compensation was on the weak side

Advice to Senior Management

None none none none. None

Pros

Wide scope of logistics and transportation. Fair travel remuernation.

Cons

Poor communication within the grp.

Advice to Senior Management

Be focused.

Pros

Working for Deutsche Bank you have an opportunity to work with people from all different offices around the world and learn different things.

Cons

I think that lots of managers do not have lots of people skills and in general bank is not working on educating the new managers in that way.

Advice to Senior Management

Communicate more with your people, little things make people happy and happy people work better. Be more open about new things and changes and make long term plans, not just short term.

Pros

Did well through the crisis, lots of money being poured into tech and electronic trading. Street recognition / reputation way up in last few years because of this effort.

Cons

We are taking globalization of support to ridiculous levels. Outsourcing critical tech jobs is materially hurting us. Seems to come and go as senior mgt changes. Current mgt outsources as an easy way to save money. Next mgt will see that it doesn't work and localized key teams. And the vicious cycle continues.

Pros

Business: Strong European bank, more business thanks to balance sheet use.
Culture: Very open culture. People willing to help all the time. Was shown around by different people in the bank from many different teams. From analyst to senior management always found some time to talk to you, take you out for a lunch and chat, answer questions.
Social: Events were organised to meet other interns and also business representatives. Well organised and fun. Information provided before hand to allow to prepare.
Extra: HR is very helpful and well organised. Flexibility with important issues, tries to accommodate different needs. Catering is wonderful compared to other places, as is location, in a large building in the City of London.

Cons

Possibly a smaller, younger investment bank. Less brand name in the investment banking industry, although it is one of the largest and well-known universal banks.