Deutsche Bank

www.deutsche-bank.de

Deutsche Bank Reviews

Updated January 27, 2015
Updated January 27, 2015
1,340 Reviews
3.2
1,340 Reviews
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Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
350 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

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  1. 2 people found this helpful  

    DBGT Cary nc

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Cary, NC
    Current Employee - Anonymous Employee in Cary, NC

    I have been working at Deutsche Bank full-time (more than a year)

    Pros

    A growing center. Some good applications. Good self motivated people.

    Cons

    Very poor management. Some leads feel they have slaves working for them. Ex: one lead says to have 9hr work. Looks he thought to count breaks also.

    Advice to ManagementAdvice

    Try to incorporate the moto "passion to perform" in employees. Keep an eye on team lead/manager who might be demotivating employees. Try to have people placed into roles where they can use their expertise not a daily copy paste job.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    DB Sucks

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - GTB AML Surveillance in Jacksonville, FL
    Former Employee - GTB AML Surveillance in Jacksonville, FL

    I worked at Deutsche Bank

    Pros

    Nice vacation package and decent healthcare.

    Cons

    Horrible Management, New York hub constantly disrespects all other hubs, Does not want to pay employees until they leave

    Advice to ManagementAdvice

    Hire better management and listen to some employees.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  3.  

    Overworked, underpaid and ignored in a stagnant culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in Singapore (Singapore)
    Former Employee - Analyst in Singapore (Singapore)

    I worked at Deutsche Bank full-time (more than a year)

    Pros

    Surrounded by smart and ambitious people

    Cons

    Ambition dies here, people don't have the flexibility and freedom to realise their potential. DB does not care about your welfare as an individual, while managers relish in pitting employees against each other for not material gain. Low salary compared to the industry.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Software Developer

    • 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

    Still have several great people.

    Cons

    Very bureaucratic environment, a almost no contact between senior management and executives.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6. 2 people found this helpful  

    Deutsche Bank worst investment bank on Wall street

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

    I worked at Deutsche Bank full-time (more than a year)

    Pros

    Good coworkers-- very smart and hard working team

    Cons

    Senior management is terrible. One of the worst run banks on Wall Street. Lots of politics, bullying and backstabbing. Managements is very clicke oriented. Really a bunch of idiots running the regulatory remediation stream.

    Advice to ManagementAdvice

    Middle management is terrible. The senior executives need to get rid of the senior management on regulatory remediation program

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 7 people found this helpful  

    A complete disaster

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

    I have been working at Deutsche Bank full-time (more than a year)

    Pros

    Pay is above average
    Benefits are good

    Cons

    Originally sold as being a banking office but start-up style, the realisation I made a mistake set in promptly during my first team meeting. The team remained mostly silent as the boss told us the scope of the project had been reduced and the remaining tasks were mundane. Over time I recognized this as modus-operandi and it was something I should not complain about if I wanted to get a bonus.

    The center is operated as a number of disparate teams who rarely collaborate. In essence the building is just a cheaper out-post for London, so fear ruled supreme to not upset our anglo-colleagues otherwise it would not go well for us. There was a lot of sucking up to London which meant we had no discernible identity to speak of.

    The ceiling of career potential was very low. Some people were promoted yet their responsibility would always be lower than the London office. Lots of leadership with no authority.

    No training.
    Uncaring senior management who never interacted with us.
    Lots of horse and pony shows when a London honcho came to town.
    Mass hiring, frequent firing. Seat filling is more important than productivty.
    Office is empty at 5:10 most nights - an indicator of lack of interest by all.

    Advice to ManagementAdvice

    Grow some. Stand up to your London managers. Stop hiring to fill seats and concentrate on quality.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Horrible culture

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Deutsche Bank

    Pros

    Beach location and good weather

    Cons

    Horrible culture, fraternity atmosphere, not smart people

    Advice to ManagementAdvice

    Stop the NY vs. Jax mentality.

  9. 2 people found this helpful  

    Nearshore Nightmare

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in Jacksonville, FL
    Current Employee - Associate in Jacksonville, FL

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

    Pros

    You get a paycheck and benefits.

    Cons

    The paycheck and benefits are below market. Terrible place to work for educated or experienced professionals.

    Advice to ManagementAdvice

    Upper management and HR are the worst.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10. 5 people found this helpful  

    Shambolic

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

    I worked at Deutsche Bank full-time (more than 3 years)

    Pros

    In the US they give great benefits, a lot of vacation time and good health insurance.

    Cons

    The place is shambolic. It is constantly re-organising, nothing can get done. There is a lot of internal politics. Any staff you have in big cities are likely to get relocated, which can be good if you are looking for a change of lifestyle and enjoy North Carolina.

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

    Full of old, white-haired scumbags losers living in the past. No upward mobility

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Global Markets Associate in New York, NY
    Former Employee - Global Markets Associate in New York, NY

    I worked at Deutsche Bank full-time (more than 3 years)

    Pros

    Most of the employees are not very bright, so you if you have an average intelligence, you can stand out and do the job.

    Cons

    1.) Senior management don't appreciate hard work from junior employees. They are just there to collect their paycheck, protect their crony friends.
    2.) Software systems are horrible. It's a hodge podge of half baked systems put together by band-aids.
    3.) 90% of the old fogies hate their job and are just there to support their families. It will be another 15-20 years before the old scabs are replaced.

    Advice to ManagementAdvice

    Fire 60% of you rstaff that is 40 and older. They add no value.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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