Deutsche Bank Reviews | Glassdoor

Deutsche Bank Reviews

Updated January 6, 2018
241 reviews

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Deutsche Bank Co-Chief Executive Officer John Cryan
John Cryan
58 Ratings

241 Employee Reviews

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Pros
Cons
  • Banks needs to focus more on work life balance of their employees to avoid the attrition in the team and retain knowledge (in 137 reviews)

  • Long hours some times not always (in 155 reviews)

More Pros and Cons

  1. "Great people but!"

    StarStarStarStarStar
    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor

    I worked at Deutsche Bank as a contractor

    Pros

    Very interesting and challenging work.

    Cons

    The products that I worked on we re apart of the economic meltdown.


  2. Helpful (1)

    "Overall working experience"

    StarStarStarStarStar
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Attracts best talent in the industry; Pay is competitive

    Cons

    Senior Leadership completely lacks vision; No room for career growth; Management constantly going around in circles and changing directions and strategy resulting in high attrition; Too much time spent on planning but execution is very poor or lacking.

    Advice to Management

    Decide on a specific strategy and execute on it

  3. Helpful (6)

    "Innovation killer and talents wasteland"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Engineer in Cary, NC
    Former Employee - Senior Software Engineer in Cary, NC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Salary and benefits are good.

    Cons

    This is a terrible place for technology workers. Aside from the fact that IT employees get penalized for all the ethical and financial screw ups of some greedy traders, this place does not provide the simplest environment for IT staff (including developers ..etc) to be successful. Everything is locked down, and the simplest tasks can take weeks if not months to happen. From career perspective, there are very limited promotions in the RTP office in North Carolina, and the site is not growing anymore. All power is given to the UK and German offices, with remote offices acting only as implementation force, no more.


  4. Helpful (5)

    "Completely dysfunctional sinking ship"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Derivatives Trader in New York, NY
    Former Employee - Derivatives Trader in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Deutsche Bank full-time (More than 5 years)

    Pros

    Decent pay (below street but finance salaries are high in general)
    Chaos is a ladder
    Some smart people still left

    Cons

    Avariciousness of the management board and exec team
    Obsolete technology
    Pay is below street
    Terrible morale

    Advice to Management

    Overhaul technology


  5. "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Deutsche Bank (More than 3 years)

    Pros

    Good benefits and salary if you are coming from north.

    Cons

    Un eligibles are sitting as VP in Jacksonville location, no work life balance. They need to train their managers and need to give them the people skills. Switching between departments and going to next level policy is poor. High turn over rate due to managers mostly.

    Advice to Management

    Train and scrutiny the managers their should be a hearing from the manager and employee both. Managers are taking benefit of their vp title some managers are really a liability. Hr doesn't play a role even if you complain several times.


  6. "Executive Assistant"

    StarStarStarStarStar
    Current Contractor - Anonymous Contractor
    Current Contractor - Anonymous Contractor

    I have been working at Deutsche Bank as a contractor

    Pros

    great people, ideal location, work life balance

    Cons

    not many opportunities for growth

    Advice to Management

    invest in your employees


  7. Helpful (8)

    "One of the worst foreign banks in the US to be employed in the industry."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Unfortunately and realistically there aren't really any pros to be proud for working with this bank.

    Cons

    The office politics and backstabbing practices are rampant through out most business divisions of the of the bank.

    Advice to Management

    Senior management should respect all employees that work for the bank and treat them as human beings that have families to support. Employees are just not numbers and resources to use up and when done with them, dispose of their employees like trash in a garbage can.

    A very unprofessional environment to work in, especially at their 60 Wall Street location in NYC.

  8. Helpful (5)

    "Stay away from this company if you're looking for GC processing"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in Cary, NC
    Former Employee - Assistant Vice President in Cary, NC
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    None so far I have seen.

    Cons

    Political, and liars. They promise to do green cards but they will never do . All false promises

    Advice to Management

    Don't cheat people who are joining your company for greencard.


  9. Helpful (4)

    "Stay away from it !"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Disapproves of CEO

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

    Pros

    International environment. Nothing else.

    Cons

    poor management, no strategy, no talent recognition, no bonuses.

    Advice to Management

    You destroyed what Global Transaction Banking was until a few years ago.


  10. Helpful (5)

    "Have worked there a long time. No culture. Got lucky with a great manager. Not a great place for women."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Nothing really. You shouldn't work there unless you're desperate. Location not great either. Women are not taken seriously. One off managers can be good.

    Cons

    Cost cutting. Everything is very slow and bureaucratic. Women are not treated as leaders. While some managers are good, most are terrible.

    Advice to Management

    Create a proper culture.


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