Deutsche Bank Reviews

Updated August 27, 2014
Updated August 27, 2014
1,182 Reviews

3.3
1,182 Reviews
Rating Trends

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

Review Highlights

Pros
  • Good work-life balance and a global footprint help one explore the corners of the world (in 104 reviews)

  • Change is the only constant - a highly dynamic work environment (in 62 reviews)


Cons
  • The work life balance is crap and if you want to transfer between teams forget it (in 41 reviews)

  • It's very much a grind and long hours and can get quite confrontational (in 45 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Deutsche Bank needs a more diversify product line

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

    I worked at Deutsche Bank as a contractor for more than a year

    Pros

    While working for the International Bank within the US - that learning is at their core. There lots to learn while at DB. A wealth of different types of systems. Many innovative people from which to learn and expand ones knowledge base within the financial indursty (i.e. Hedge fund, broker dealers).

    Cons

    No room for growth or movign up the corp. latter. Limited product lines or lack of investment for developing new lines of busness (I.E. Hedge Fund Adm.), Lack of vision by senior management for an Interantional Bank. Emerging Markets is not one of their priorities.

    Advice to ManagementAdvice

    Open your vision to new product lines, your people are your greatest asset don't waste their talent.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    developer

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Deutsche Bank

    Pros

    competitive salary and good benefits.

    Cons

    long extended hours and lay offs

  3.  

    Typical corporate culture you read about.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    Former Employee - Administrative Assistant  in  San Francisco, CA
    Former Employee - Administrative Assistant in San Francisco, CA

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

    Pros

    2 weeks paid vacation with the option to purchase an extra week.

    Cons

    Often was looking at 10 hour plus days.

    Doesn't Recommend
    No opinion of CEO
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  5.  

    hard work but enjoyable.

    • 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

    Complete flexibility with hours and locations.

    Cons

    No salary increase unless promoted. Policy has been ongoing for many years.

    Advice to ManagementAdvice

    Look a little wider, there are many people as good as the chosen few.

    Doesn't Recommend
    Neutral Outlook
  6.  

    Just another bank

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

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

    Pros

    Used to be decent work environment

    Cons

    With new regulations, job insecurity driving a lot of senior members nuts. Not a very nice environment for juniors. But again, just another bank.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7.  

    Do more with less

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

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

    Pros

    Good working environment, worf-life balance is possible.

    Cons

    Poor leadership, too political, no meritocracy.

    Advice to ManagementAdvice

    Honor the company's values: your actions and decisions should be consistent eith them.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Good brand name, but sometimes a dysfunctional work environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • 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 full-time for more than 5 years

    Pros

    Broad platform resources and brand name recognition opens doors not otherwise available, better work life balance than most other platforms and some smart colleagues.

    Cons

    Some unhelpful people running around who make it their mission to shoot down any idea. The management's mentality is to pay the minimum to keep people on board, which leaves most people in the mindset that management is constantly trying to take advantage.

    Advice to ManagementAdvice

    If you want to play with top tier platforms, focus on rewarding the top performers before they demand the reward...

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    good

    • 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 company to work for

    Cons

    Not enough branches in US,

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    fun by stressful

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Deutsche Bank

    Pros

    The biggest pro of working at this place is the people you work with. The place is fun but very stressful. Lots of after hour activities

    Cons

    Stress, hours. Very corporate, hard to move up past the the associate level. Some of the management teams are not flexible or present.

  11.  

    Good work/life balance, but be prepared to be frustrated with slow progress.

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

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

    Pros

    Great work/life balance and time-flex benefits.

    Cons

    Progress is slow. Reorgs seem constant. Bonus pay is declining. Most power is based in London, all other locations are secondary.

    Advice to ManagementAdvice

    Promote more from within rather than hiring externally.

    Recommends
    Negative Outlook
    Approves of CEO

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