Deutsche Bank Reviews

Updated 26 August 2014
Updated 26 August 2014
1,181 Reviews

3.3
1,181 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
288 Ratings

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)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Not Worth It - Go Elsewhere!

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

    I have been working at Deutsche Bank full-time for more than a year

    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 ManagementAdvice

    Focus on retaining staff.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2.  

    Corporate Finance coverage, Central Eastern Europe

    • 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 for more than 3 years

    Pros

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

    Cons

    The 360 review goes only to c.300

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Excellent place to work

    • 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

    Pros

    Relaxed atmosphere, high profile work

    Cons

    Poor IT, some businesses siloed

    Advice to ManagementAdvice

    Break down silos

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Working in asset and wealth management

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

    I have been working at Deutsche Bank full-time for more than 10 years

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    Management 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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

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

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

    I worked at Deutsche Bank full-time for more than 3 years

    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 ManagementAdvice

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

    Recommends
  7.  

    Welcoming. Not maximising effectiveness.

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

    I have been working at Deutsche Bank full-time

    Pros

    Welcoming. Inclusive. Approachable. Reasonable hours.

    Cons

    Political. Not streamlined. Project Management. Presentation over content.

    Advice to ManagementAdvice

    Recruit senior project managers who drive the project and deliver, while keeping team onside.

  8.  

    Work for life in DB IT - quite possibly

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

    I worked at Deutsche Bank full-time for more than 5 years

    Pros

    Good comp, unlimited growth opportunities for those who are ready to take them, accessible learning and development, very large

    Cons

    Bureaucratic, everything is slow, often unclear or messy org structure, sometimes team work is inefficient

    Advice to ManagementAdvice

    Focus on the basics instead of changing the senior management structures. Help people on the ground do their daily job more efficiently by removing impediments. You will be amazed by how much more efficiency you can gain from the same team.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Pleasant experience

    • 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 as an intern for less than a year

    Pros

    Great place to gain exposure early on in your career.

    Cons

    Salary, lack of communication for management, unprofessional recruitment practices.

    Advice to ManagementAdvice

    Needs to be consistent one to one contact with employees. Overcome the lack of transparency.

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Neutral Place

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Deutsche Bank

    Pros

    Competitive salary, bright people, challenging situations, aim to become top investment bank, strong European hold

    Cons

    Still trying to mimic goldmans, a bit conservation in business decisions, bureauractic place

    Advice to ManagementAdvice

    Better to incentivize people with higher salary, should aim for less turnover for efficiency purposes

  11.  

    intensive and results-driven style type

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

    I worked at Deutsche Bank as an intern for less than a year

    Pros

    work with lots of wise people
    steep learning curve helps you for the future

    Cons

    office politics exits and quite significant

    Recommends
    Positive Outlook

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