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There are newer employer reviews for Deutsche Bank

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Experience depends on group

Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at Deutsche Bank

Approves of CEO
Approves of CEO

Pros

Large network, opportunities to change positions

Cons

very political, slow decision making

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  1. DB won't invest in its Private Wealth Management Americas business

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

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

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Entrepreneurial environment allows success but with limitations. If you can bring in wealthy, low-risk clients, this is an okay place for you depending on the branch manager. If you are support staff you may have the opportunity to share commissions but it depends on the brokers you work with who can be generous, stingy, or somewhere in between.

    Cons

    If you are support staff, there is no room for professional growth. DB will not approve tuition reimbursement. You will not be promoted. DB Private Wealth Management has entrenched operations processes that are inefficient. DB PWM Americas is overly cautious so finding new business can be a challenge at times. Support software for account performance monitoring, trading, or opening new accounts is outdated and slow.

    Advice to Management

    Invest in your staff and invest in technology. Your competitors are light years ahead.

  2. The more you are able to sacrifice your personal happiness and balance, the more you will earn in this company / job

    • 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 full-time

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Good experience, great name to have on resume

    Cons

    The days of investment banking is gone; company is making less and less money despite making it's employees work the same or more. The industry itself is declining

    Advice to Management

    Remove the inefficient way of making so called "pitchbooks"; provide employees with decent computer so that it does not crash in the middle of the night; and basically stop ripping clients off by giving wrong advice

There are newer employer reviews for Deutsche Bank
There are newer employer reviews for Deutsche Bank

See Most Recent

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