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Deutsche Bank Reviews

Updated 25 April 2015
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Employee Reviews

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  1. Risk IT - Utter incompetence

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President - Technology in London, England
    Current Employee - Vice President - Technology in London, England

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Deutsche Bank is a well known company and is good to have on your CV - a decent springboard
    Banking benefits are good
    A few talented people - reducing by the day
    Lots of calls from recruitment consultants.

    Cons

    Risk IT is like an unfunny game of musical chairs where only the most incompetent win.
    Long-term vision of cost reduction through mass-firings instead of innovation.
    Promotions are handed out through nepotism and sticking around over intelligence and delivery.
    Redundancies managed in a Blackadder-esque way where you are "invited to a meeting in Appold Street"
    Fractured, temporary strategy. Delivery at the end of year never matches the intent at the start.
    Department head has zero respect - deservingly so.
    The "leadership" team openly insult each other and switch allegiance with every power shift.
    Technology archaic and driven with 1990's insight.
    Batch processes and RDBMS are the order of the day with vision dating back to the leaderships hay-day of VB and Java 1.3.
    Building monolithic platforms to land-grab power is key to success.
    You cannot challenge decisions made by department head - even when they are usually wrong or out of date.
    A department head who cannot remember my name even when I have spoken to him several times.
    Lots of calls from recruitment consultants.

    Advice to Management

    Fresh-blood across the board.
    There are far better people to lead than the team you have in place.
    Question what you have actually got for the amount you have spent over the past five years
    Find people who understand technology not powerpoint theorists.
    Try your best to remember the names of your staff - or provide badges like McDonalds.

  2. Bureaucratic and soulless.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Solutions Architect in London, England
    Former Employee - Solutions Architect in London, England

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Worked on some interesting technologies with some knowledgable people.

    Cons

    The layers of mindless management, people taking credit for your work, no autonomy.

    Advice to Management

    Treat your staff as people, hire people who can do more than keep the seat warm.

  3. Helpful (1)

    DB struggles to get it right

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Analyst in London, England
    Current Employee - Financial Analyst in London, England

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

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

    Pros

    DB hires intelligent, sharp people and provides a good landscape to learn and develop. There is alot going on in the bank and jumping into any one of the massive problems (because there are many!) will certainly provide you with alot of learning opportunities.

    Cons

    Driven by a desperate need to slash their costs and improve the abysmal cost-income ratio DB has taken to scaling back on compensation, and inculcated an extremely stringent cost control agenda which creates excessive red-tape and bureaucracy.
    All in all, the bank has not done a great job in transforming the culture into a more leaner, more agile & more proactive culture. The bank still largely works in silo's.

    Advice to Management

    Focus on DB's competitive advantage, Upgrade the legacy technology systems and create real cultural change. The last part is largely due to the fact that a majority of middle/senior management are "DB lifers".

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  5. typical investment banking

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in London, England
    Current Employee - Associate in London, England

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    not in canary wharf, very global

    Cons

    lack of culture is disappointing

    Advice to Management

    create positive culture

  6. Associate in RE Transactions

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate In RE Transactions in London, England
    Current Employee - Associate In RE Transactions in London, England

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    experience, international, intelectual capital, exposure

    Cons

    hours, flexibility within Organisation, salary,

    Advice to Management

    Respectfully treat and invest especially into younger employees, forming the intellectual capital of tomorrow for a company.

  7. Good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern in London, England
    Current Employee - Intern in London, England

    I have been working at Deutsche Bank

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Competitive salary
    Good teams to work in

    Cons

    Extremely competitive place to work

    Advice to Management

    -

  8. Great team, good hours, interesting work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in London, England
    Current Employee - Analyst in London, England

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Great team, good hours, interesting work.

    Cons

    Can be political and very team dependent

    Advice to Management

    Unite for one goal rather than fighting internally.

  9. Great comoany

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in London, England
    Current Employee - Vice President in London, England

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Lots of opportunity for those willing to expand their knowledge and grow in an irganisatio

    Cons

    Decision making by senior management is definitely seen as a weak point across all areas in the bank

    Advice to Management

    Please hire decision makers and empower them to do so without the red tape

  10. Corporate Finance Analyst

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Deutsche Bank

    Pros

    Generous pay, scope to prove yourself and to work on interesting projects

    Cons

    No work life balance (getting your weekend cancelled on friday afternoon or even saturday afternoon)
    Facetime culture

  11. Great

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Deutsche Bank

    Pros

    I have been at the bank for a considerable period and like the work culture and have been able to explore different roles in different areas. People are supportive and environment is collaborative

    Cons

    Recently we have seen many management changes and re organisation. Compensation has been slow moving over past few years unfortunately.

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