Deutsche Bank Reviews

Updated 16 September 2014
Updated 16 September 2014
1,184 Reviews
3.3
1,184 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
297 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.  

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

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

    I have been working at Deutsche Bank as a contractor for more than a year

    Pros

    Direct 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.

    Cons

    High 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.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

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

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

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

    Pros

    Work/life balance, remuneration, culture, benefits.

    Cons

    If 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.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  3.  

    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
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  5.  

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

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

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

    Pros

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

    Cons

    HR 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)

    Disapproves of CEO
  6.  

    Bureaucratic, endless restructuring within the IT organisation

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

    I have been working at Deutsche Bank full-time for more than 5 years

    Pros

    There are some aspiring people on the business side

    Cons

    No 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 ManagementAdvice

    You pay peanuts, you got monkeys

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7.  

    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
  8.  

    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
  9.  

    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
  10.  

    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
  11.  

    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.

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