Deutsche Bank Reviews | Glassdoor

Deutsche Bank Reviews

Updated March 27, 2017
2,837 reviews

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2,837 Employee Reviews

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Pros
  • Very flexible work-life balance (in 294 reviews)

  • Good work environment, employee development (in 143 reviews)

Cons
More Pros and Cons

  1. "Caveat emptor"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst in San Francisco, CA
    Former Employee - Investment Banking Analyst in San Francisco, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    It can be a means to an end, but not to the level of other bulge bracket investment banking platforms

    Cons

    The franchise is completely unstable, and has degraded over the last few years. You will not even get a meaningful investment banking experience due to senior turnover in the last few years in core verticals (Healthcare / TMT), ongoing litigation concerns, and an inability to compete or attract talent. Your seat is absolutely not guaranteed.

    You WILL be expected to work investment banking hours with an investment banking attitude. You will work for unambitious, incompetent managers that have no genuine care for your development (or sanity). The stock's not undervalued; it's just actually that crappy of a platform. I wish you the best of luck if you commit to DB, because you will certainly need it.

    Cons (bulleted):
    - Bureaucracy and face time
    - Horrible hours that are detrimental to mental and physical health
    - Incompetence and lack of leadership at mid level (Associate & VP)
    - No meaningful deal flow or professional development
    - Massive turnover and layoffs at all levels (incl. junior levels)


  2. "Mixed bag"

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

    I have been working at Deutsche Bank full-time

    Pros

    Demanding but Ffexible work conditions; loads of opportunity to grow career and gain a breadth of experience

    Cons

    Lacks direction/vision; incredibly slow to make decisions; constantly reducing costs and has been struggling to become efficient for years; underpaid and overworked for folks who have been at the firm for a long stretch, but then willing to pay above mkt for new joiners;


  3. "Abysmal work environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Though I was relatively miserable at DB, there were a few good aspects. The hours in the Private Bank were great and they have a fantastic health center (doctor, not a gym) in the building.

    Cons

    - Unsupportive work environment
    - They do not value employees
    - Compensation is horrendous
    - Lack of communication from higher ups
    - Fragmented structure


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  5. "Liquidity Product and Financial Risk Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY
    Recommends
    Negative Outlook
    Disapproves of CEO

    I have been working at Deutsche Bank full-time (More than 8 years)

    Pros

    Good global culture and people

    Cons

    Challenging health of the bank and morale is currently low


  6. "Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Deutsche Bank (Less than a year)

    Pros

    Integrity, People Management, pursuit of excellence

    Cons

    I have no cons to report

    Advice to Management

    none


  7. "AVP"

    Star Star Star Star Star
    Former Employee - Assistant Vice President
    Former Employee - Assistant Vice President

    I worked at Deutsche Bank (More than a year)

    Pros

    great pay scale compared to other investment banks

    Cons

    No bonuses this year


  8. "Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Deutsche Bank full-time

    Pros

    Love the job in travel

    Cons

    No employee appreciation after working for 6 years


  9. "Too much turmoil"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Deutsche Bank full-time

    Pros

    The people community is excellent

    Cons

    The work life balance is very, poor


  10. "Hard-working, Collaborating, Helping Culture"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Deutsche Bank full-time

    Pros

    People are nice to everyone

    Cons

    Can't complain. Everything had been great!


  11. "Good Place"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Opportunity for Career growth and promotions

    Cons

    compensation in stock not great

    Advice to Management

    Communicate more with employees



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