Deutsche Bank

  www.deutsche-bank.de
  www.deutsche-bank.de

Deutsche Bank Reviews

Updated November 26, 2014
Updated November 26, 2014
1,269 Reviews
3.2
1,269 Reviews
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Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
330 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.  

    Great

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Deutsche Bank

    Pros

    Best company ever on the street

    Cons

    Nothing much to complain about

    Advice to ManagementAdvice

    More work please!

  2.  

    Easy on career, better work-life balance

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

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

    Pros

    DBGT has great benefits packages, reasonable pay packages.
    The team I worked with in Cary was great.

    Work hours were relatively manageable.

    Cons

    There are not enough resources for self learning. Very few CBTs available.
    Relatively few trainings held in classroom as well, other than the ones pushed down from management.
    DBGT is a separate legal entity - meant for software development for the bank. Downside, it got disconnected from the business and employees lack exposure to business knowledge and requirements, yet the organisation as a whole is just as regulated as the business, coz its still a bank. Makes it extremely hard to actually work and get ahead in your career. I have tried networking extremely well across the organisation, but DBGT has too many strategic issues, leading to a lot of internal politics to fight against, to get anything done.

    Advice to ManagementAdvice

    Understand the impact of strategy to the people and business:
    ex: Moving jobs from London and NJ to Cary - and then hiring people in Cary to report to managers in NJ and London - caused complete disharmony and a conflict of interest among teams. This impacted deliveries across the board.

    Too many vendors - Lead to lack of accountability and the piecing together of ridiculous SLAs across all teams.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Great learning experience, but difficult long term career path

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Equities in São Paulo, São Paulo (Brazil)
    Former Employee - Equities in São Paulo, São Paulo (Brazil)

    I worked at Deutsche Bank as an intern (less than an year)

    Pros

    Global reach and resources available for learning curve

    Cons

    Top-down decisions at the detriment of local employees

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Mehh is how I would describe it

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

    I have been working at Deutsche Bank full-time (more than 10 years)

    Pros

    Somewhat interesting systems
    Some enthusiastic people

    Cons

    Been here for far too long and seen seven senior managment changes each with their own idea on how to make IT more efficient, sometimes in conflict with the previous decision
    The graduate programme once the pride of this bank has been reduced to accepting the bottom of the barrell. Students with horrible GPAs and a complete lack of self awareness somehow get a job here

    Advice to ManagementAdvice

    Pay more attention to the hiring process
    Stop with the constant organisation changes

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Focus Is on the wrong things

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President in Birmingham, England (UK)
    Current Employee - Assistant Vice President in Birmingham, England (UK)

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

    Pros

    Good location in Birmingham

    Cons

    Internal campaigns are embarrassing
    Diversity is good if senior managers understand it
    Senior managers are poor role models
    Senior managers are mostly political
    Talented hard working Employees should be valued higher than the social worker who attends events

    Advice to ManagementAdvice

    Treat and value your staff better and snap out of this "political game' mentality

    Recommends
    Neutral Outlook
    Approves of CEO
  7. 4 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 an 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.  

    TTH (Train to Hire)

    • 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

    personal growth, reputation, training and knowledge

    Cons

    long work hours, disorganised management at times

    Recommends
    Positive Outlook
    No opinion of CEO
  9. 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.

  10.  

    Process supervisor with 6.6 year of experience in Investment banking domain

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Process Supervisor/Team Leader in Bangalore (India)
    Current Employee - Process Supervisor/Team Leader in Bangalore (India)

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

    Pros

    Good Platform to make carrier

    Cons

    compensation and work life balance

    Recommends
    Positive Outlook
  11.  

    Great experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Deutsche Bank full-time

    Pros

    - Career Development
    - Compensation
    - Work life blance

    Cons

    - Training opportunities can be made better

    Recommends
    Positive Outlook
    Approves of CEO

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