Deutsche Bank Reviews

These reviews contributed towards 2011's Best Places to Work recognition. See ratings and reviews for all time.
60 Reviews
3.5
60 Reviews
Rating Trends

Recommend to a friend
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Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
186 Ratings

Review Highlights

Pros
  • Good work-life balance and a global footprint help one explore the corners of the world (in 108 reviews)

  • Change is the only constant - a highly dynamic work environment (in 68 reviews)


Cons
  • No work life balance; morale could go down at times (in 45 reviews)

  • a culture of long hours where they aren't required (in 60 reviews)

More Highlights

Employee Reviews

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  1.  

    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
  2. 1 person found this helpful  

    overall, not bad, for back office

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Operations Analyst  in  Jacksonville, FL
    Current Employee - Operations Analyst in Jacksonville, FL

    I have been working at Deutsche Bank

    Pros

    Great environment for a back office position, but horrible for people who wish to be in front office. Very family friendly environment.

    Cons

    it's back office. Pay is way below what it should be. no performance based compensation. Bad place to work right out of school. A lot of personalities there

    Advice to ManagementAdvice

    Nothing really. It's a good place to work. They still have a lot of growing pains, but that's natural wit any company.

    Approves of CEO
  3.  

    nice place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Developer  in  Cary, NC
    Current Employee - Software Developer in Cary, NC

    I have been working at Deutsche Bank

    Pros

    exposed to multiple finance related projects.
    nice environment.

    Cons

    don't have your own private cubic.

    Advice to ManagementAdvice

    should make more communication with employee.

    Recommends
    Approves of CEO
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  5.  

    DB Admin

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Administrator  in  Jersey City, NJ
    Former Employee - Administrator in Jersey City, NJ

    I worked at Deutsche Bank

    Pros

    Great benefits, flexible schedule, people are OK.

    Cons

    Opportunity to grow was not always there.

    Advice to ManagementAdvice

    Keep up the good work.

    Recommends
    Approves of CEO
  6.  

    A good place to work but can be very boring and quiet at times.

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

    I worked at Deutsche Bank

    Pros

    -Good salary
    -Good benefits
    -Very professional environment

    Cons

    -Very isolated atmosphere
    -Favoritism
    -Slow growth within company

    Advice to ManagementAdvice

    Management must take more initiative to creating a "team" environment. While professionalism is important however isolating each worker to a set workload creates favoritism amongst lower managers.

    Recommends
    No opinion of CEO
  7.  

    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
  8.  

    Deutsche Bank

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

    I worked at Deutsche Bank

    Pros

    As a bulge bracket bank with a truly global scope, Deutsche Bank is able to compete for high-profile investment banking transactions. The firm is extremely generous with its holiday/compensation packages.

    Cons

    Lack of clarity, on the part of senior management, on the firm's strategy. Promotion guidelines seemed rather arbitrary, and crystallized as a source of discontent amongst employees.

    Advice to ManagementAdvice

    None

    Approves of CEO
  9. 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
  10.  

    great for the pay, not so good environment

    • 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

    the pay is great
    sometimes the prestige of the name is a good thing, although personally that doesn't give me any satisfaction

    Cons

    they have been restructuring some business lines and there is very poor communication from senior management to employees about the changes and how they will be affected.

    people are generally unfriendly and scheming to do anything they could to advance themselves. i guess this is a given for ibanking

    Advice to ManagementAdvice

    communicate, communicate and communicate! employees want to know what's going on at the top, especially when it will affect their work content and colleagues.

    Doesn't Recommend
    No opinion of CEO
  11. 1 person found this helpful  

    a okay investment bank to work in

    • 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

    more conservative than American banks, so less likely it will go bankrupt.
    Management is solid,
    benefit is ok as well

    Cons

    pay is not top, but is ok considering it's a European bank,
    very very hard to move inside the bank, i.e. change functions
    culture is not very exciting, hey, it's German

    Advice to ManagementAdvice

    Be more aggressive in terms of expanding business and finding opportunities, also be aggressive of retaining best talents, make certain restrictions loose, so that people can be freed to create value.

    Doesn't Recommend
    Approves of CEO

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