Berenberg Bank Reviews | Glassdoor.co.uk

Berenberg Bank Reviews

Updated 9 Jul 2019

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Found 38 reviews

3.2
StarStarStarStarStar
Rating TrendsRating Trends
41%
Recommend to a Friend
78%
Approve of CEO
Berenberg Bank CEO Peter Raskin
Peter Raskin
7 Ratings
  1. "Graduate analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Grad in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Berenberg Bank for less than a year

    Pros

    Excellent work culture and work life balance. Good pay

    Cons

    Long hours (7-6:30). This varies based on work load

    Advice to Management

    Keep up the great work

    Berenberg Bank2018-03-02
  2. Helpful (6)

    "Avoid"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Analyst in London, England
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Berenberg Bank full-time for less than a year

    Pros

    Travel policy is generous. Offices in London in good location.

    Cons

    Management is unprofessional and unethical. Often try to get people in at low salary levels and promise higher bonuses however this never comes to fruition and they distribute the rewards among themselves and not the wider pool that has contributed. Over ambitious expansion and treat people as dispensable. If you try to leave and are convinced to stay they get rid of you at the next opportunity. Completely... unethical. Would also say that these people skirt a fine line from a regulatory perspective, more concerned about fee earning than doing the right thing. If you disagree or raise and issue you are shown the door. HR serves to protect management rather than employee.

    Show More

    Advice to Management

    Head of research needs to go.

    Berenberg Bank2019-04-22
  3. Helpful (6)

    "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst in London, England
    Doesn't Recommend
    Negative Outlook

    I have been working at Berenberg Bank full-time for more than 3 years

    Pros

    Great benefits and perks. Good location.

    Cons

    Full of bullies from admin staff to managers. If you are not part of the social circle then you will be targeted. HR will not intervene or do anything about it. Managers speak badly of other staff. Not nice people and no one treats anyone with respect and professionalism. Best decision made was leaving that place, so much happier now.

    Advice to Management

    HR should be more involved with the different business areas and should monitor and work closely with the teams so that there is transparency. The bank needs to implement "respect" and "professionalism" into their culture and core values.

    Berenberg Bank2019-01-10
  4. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I have been working at Berenberg Bank full-time

    Pros

    Good culture, location, people, reputation

    Cons

    Hours, pay, little mobility

    Berenberg Bank2018-10-19
  5. Helpful (1)

    "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England

    I worked at Berenberg Bank full-time for more than a year

    Pros

    Flat Structure. If you were good you got opportunities.

    Cons

    Probably the pay - not the highest on the street.

    Berenberg Bank2018-07-06
  6. Helpful (1)

    "Front of house"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 

    I have been working at Berenberg Bank full-time

    Pros

    Very social between support staff members

    Cons

    Management wasn’t great within the team

    Berenberg Bank2018-07-02
  7. "Good upcoming bank."

    StarStarStarStarStar
     

    I have been working at Berenberg Bank

    Pros

    Lots of opportunity for juniors to cover stocks and meet investors moving up quickly if motivated. Well respect on the European continent and good deal workflow.

    Cons

    Lacks global recognition of bulge bracket. Can make it hard to move to large buy side institutions that best American banks have access to . Tier 1 hedge funds etc.

    Advice to Management

    All good.

    Berenberg Bank2018-04-30
  8. "Good for someone with experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director in London, England
    Recommends
    Positive Outlook
    No Opinion of CEO

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

    Pros

    As someone who has been doing this a long time, its great to have management who don't operate a bum on seat policy. As long as the goods are produced, they are relatively relaxed about where you are, what you are wearing etc etc. Its far from a holiday camp but the work life balance feels better than at the bulge brackets

    Cons

    Suspect junior people would benefit from more training. Quite a hire and fire environment - turnover feels higher than normal .. do not apply if you do not think you can deliver the goods

    Berenberg Bank2018-01-29
  9. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Berenberg Bank full-time

    Pros

    Friendly with a real team environment

    Cons

    Language barrier can be difficult - very German focused even from outer offices

    Berenberg Bank2018-01-25
  10. "Great environment, underpaid"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 

    I have been working at Berenberg Bank full-time

    Pros

    Excellent team and support Feel part of the company rather than a 'cog'

    Cons

    Lower pay than peers

    Berenberg Bank2017-10-17
Found 38 reviews