Deutsche Bank

  www.db.com
Work in HR? Unlock Free Profile

Deutsche Bank Reviews

Updated Jul 25, 2014
All Employees Current Employees Only

3.4 1,125 reviews

76% Approve of the CEO

Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain

Jürgen Fitschen & Anshu Jain

(270 ratings)

68% of employees recommend this company to a friend

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)

1,125 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    supportive culture

    Summer Analyst (Former Employee) London, England

    Prosflat management is very unique

    Conscould include more rotations for more internship roles

    Advice to Senior Managementmore interaction with interns

    – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Challenging environment to deliver change, unless regulatory drivers for your project, which are currently the priority.

    Project Manager (Current Employee) London, England

    ProsDirect access to senior managers when needed, a huge number of long-serving staff that know great amounts of information, a board-level desire to improve the corporate culture for the better.

    ConsHigh turnover in IT, legacy systems and processes that slow delivery down, to at times a standstill. A huge number of "big four" and other consultants.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    In back office, great team-oriented culture. Great work/life balance and very family friendly.

    Assistant Vice President (Current Employee) London, England

    ProsWork/life balance, remuneration, culture, benefits.

    ConsIf you deal with front office this can impact on your work life balance and expose you to the cut throat, P&L oriented culture they have.

    Yes, I would recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Dump. Some great people let down by poor top down management. Work elsewhere if you can.

    Software Developer (Current Employee) London, England

    ProsSalary is okay, but other banks pay more
    Canteen okay
    Some great benefits such as share options which are used to lure you in.

    ConsHR are a miserable and can be aggressive. I got to see this because I asked for a few improvements which virtually all other banks had (multi-faith rooms etc)
    Good staff and line manager can be found but ruined by everything else.
    Poor facilities, gym overcrowded (if you can get a place in the first place)

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Bureaucratic, endless restructuring within the IT organisation

    Assistant Vice President (Current Employee) London, England

    ProsThere are some aspiring people on the business side

    ConsNo leadership and roadmap on the IT side in the past 5 years, senior managers rather play political games to protect themself than contributing real value to the business.

    Promotion does not depend on performance and contribution.
    High performer got pissed off every year.

    Advice to Senior ManagementYou pay peanuts, you got monkeys

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Not Worth It - Go Elsewhere!

    Associate (Current Employee) Birmingham, England

    Pros(1) External training courses are usually approved
    (2) Pension
    (3) Maternity pay

    Cons(1) Long hours
    (2) Very poor management
    (3) Low pay in comparison to hours
    (4) Staff bullied by London Teams
    (5) Excessive off Shoring - to the point where there is hardly any knowledge left and a role is never safe

    Advice to Senior ManagementFocus on retaining staff.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Corporate Finance coverage, Central Eastern Europe

    Vice President (Current Employee) London, England

    ProsExcellent group of professionals across all products and sectors, with a collaborative attitude and brilliant minds seeking the best solution for our clients.

    ConsThe 360 review goes only to c.300

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Excellent place to work

    Anonymous Employee (Current Employee)

    ProsRelaxed atmosphere, high profile work

    ConsPoor IT, some businesses siloed

    Advice to Senior ManagementBreak down silos

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Working in asset and wealth management

    Wealth Manager (Current Employee) London, England

    ProsAccess to good credit facilities , world class research and good client entertainment eg frieze festival

    ConsFar too many non client management making decisions , over burden of compliance , lack of investment in business

    Advice to Senior ManagementManagement have been totally weak and not very business like , the executive committee is full of failings and lacks any real direction or understanding to running a wealth business. Might be said that it is too cosy and all the team should be re applying for different roles. Start looking after personnel and empowering them to deliver results rather than the never ending List of projects which hack clients and staff off .....smell the coffee

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Very bright people and feel previliged to have worked here, but too much red-tape and processes

    Applications Developer (Former Employee) London, England

    Pros- had a great team to work with, smart, bright, competent people.
    - not as stressed as American investment banks
    - great employee training resources
    - decent non-monetary benefits

    Cons- lot of redundant higher managers (looks like it's changed after Jain took over!), hence lack of IT direction
    - HR could take a more proactive role in addressing employee concerns

    Advice to Senior ManagementDisclaimer: Opinions are solely personal and not neccesarily indicative of how the bank itself was, but the teams worked with.

    Yes, I would recommend this company to a friend

Worked for Deutsche Bank? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.