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Deutsche Bank

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Deutsche Bank

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Deutsche Bank Reviews

3.8

77% would recommend to a friend

(6762 total reviews)

Chief Executive Officer Christian Sewing

Christian Sewing

88% approve of CEO

Ratings by category

3.9

Diversity and Inclusion

3.9

Work/Life Balance

3.7

Culture and Values

3.7

Career Opportunities

3.7

Compensation and Benefits

3.5

Senior Management

Ratings distribution

5 stars

21%

4 stars

35%

3 stars

28%

2 stars

11%

1 star

6%

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Found 6,762 of over 13K reviews

Updated 5 Dec 2023

Top Review Highlights by Sentiment

Excerpts from user reviews, not authored by Glassdoor

Pros
  • "The only pro that I was able to identify in this organisation was that work life balance is good.(in 919 reviews)
  • "People are great and super friendly(in 839 reviews)
  • "Good benefits including health insurance and number of annual leaves(in 464 reviews)
  • "culture is good and flexible for women employees(in 418 reviews)
  • "They might offer you good salary but that could be a trap in your career.(in 337 reviews)
Cons
  • "Management is poor with little vision of the future and work in silos only caring about their own areas.(in 341 reviews)
  • "Firm claimed no bonuses would be paid (then paid billions in 'retention packages' to certain employees)(in 241 reviews)
  • "long hours; at times unrealistic expectations; overly complex procedures just to perform daily necessary tasks.(in 192 reviews)
  • "Not all managers are good(in 151 reviews)
  • "Extended working hours (paid overtime)(in 129 reviews)
    1. 5.0
      1 Dec 2023
      Personal Assistant
      Current Employee, more than 10 years
      London, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      great company and inclusive vibe and sense of loyalty to the firm

      Cons

      md's need to do better training on how to help the administration population to grow

      1. 3.0
        27 Nov 2023
        Cloud Transformation Analyst
        Former Employee, more than 10 years
        London, England
        Recommend
        CEO Approval
        Business Outlook

        Pros

        Good high level tech strategy

        Cons

        Cost cutting in every department leaves many unmotivated people behind. Poor execution of the strategy is also an issue where many of the processes and programs in place that are supposed to make things easier make them more difficult. CSO and other regulatory teams are not facilitating controls as a way to facilitate change, but to impede it.

      2. Join the Deutsche Bank team
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        1. 4.0
          15 Nov 2023
          Vice President
          Current Employee, more than 5 years
          London, England
          Recommend
          CEO Approval
          Business Outlook

          Pros

          - In my team the people are exceptionally smart and friendly - Total comp (base + bonus) is very competitive - 30 days vacation allowance which is more than in other IBs - Good working culture

          Cons

          Generally about IB in London, not sure it is "get rich quickly place" any more. The salaries are still above those in other industries but the variable comp is a) capped at 2x and b) gets deferred v quickly which makes you sit in the same organisation forever. DB is not an exception from that.

          1. 4.0
            4 Dec 2023
            Senior Analyst
            Current Employee, more than 1 year
            Birmingham, England
            Recommend
            CEO Approval
            Business Outlook

            Pros

            Nice office Good team Nice location as well

            Cons

            Progression is almost a myth. Very slowly

            1. 5.0
              29 Nov 2023
              Vice President
              Former Employee, more than 5 years
              London, England
              Recommend
              CEO Approval
              Business Outlook

              Pros

              Great team, cutting edge tech, industry leading, free sandwiches.

              Cons

              Punishing and long working hours.

              1. 5.0
                22 Nov 2023
                Vendor Risk Management
                Current Employee, more than 1 year
                London, England
                Recommend
                CEO Approval
                Business Outlook

                Pros

                It’s a good place to work, decent benefits and flexible hours.

                Cons

                There is no flexibility on remote working from abroad. Other banks allow employees to work 20 days per year from different locations, however DB would not adopt that modle.

                1. 5.0
                  22 Nov 2023
                  Technology Analyst Graduate
                  Current Employee, less than 1 year
                  London, England
                  Recommend
                  CEO Approval
                  Business Outlook

                  Pros

                  Lots of support, understanding managers, great work life balance. Social nights and networking events throughout the year. Work from home for 2-3 days available for technology department.

                  Cons

                  Old systems and slow processes

                  1. 3.0
                    29 Nov 2023
                    Project and Change Manager
                    Current Employee
                    London, England
                    Recommend
                    CEO Approval
                    Business Outlook

                    Pros

                    plenty of opportunities for all skill levels

                    Cons

                    quite hierarchical in their management approach

                    1. 5.0
                      28 Nov 2023
                      Research Assistant
                      Former Employee, more than 3 years
                      London, England
                      Recommend
                      CEO Approval
                      Business Outlook

                      Pros

                      Good staff restaurant. Lovely building.

                      Cons

                      None I can think of.

                      1. 4.0
                        21 Oct 2023
                        Technology Manager
                        Current Employee, more than 10 years
                        London, England
                        Recommend
                        CEO Approval
                        Business Outlook

                        Pros

                        - work with great IT professionals if you sit next to business (really depends on the team you get in) - competitive but friendly and supportive colleagues - hybrid working/flexible working hours - pension contribution - health insurance - new office at Canary Wharf

                        Cons

                        - internal services are way too bureaucratic or slow - no external training, only internal online - promotion to/above VP is tough, promotion to D can take several years - working too many years for the same company won't get you far financially, but I guess it's the same across all banks

                      Viewing 1 - 10 of 6,762 Reviews
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                      Deutsche Bank Reviews FAQs

                      Deutsche Bank has an overall rating of 3.8 out of 5, based on over 12,686 reviews left anonymously by employees. 77% of employees would recommend working at Deutsche Bank to a friend and 70% have a positive outlook for the business. This rating has been stable over the past 12 months.

                      According to anonymously submitted Glassdoor reviews, Deutsche Bank employees rate their compensation and benefits as 3.7 out of 5. Find out more about salaries and benefits at Deutsche Bank. This rating has been stable over the past 12 months.

                      77% of Deutsche Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Deutsche Bank 3.9 out of 5 for work life balance, 3.7 for culture and values and 3.7 for career opportunities.

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                      Marketing Manager

                      Based on your experience, what preceded the job offer email: have you received that relatively fast, or you’ve been waiting in silence? For how long?

                      0 Comments

                      Underwriter

                      Had an interview today and at the end recruiter asked if I was interviewing with another company I was honest and said yes I currently have an offer already with another company. Should I have said that? Worried it may hurt my chances with the interview process going forward.

                      2
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                      Co-founder

                      Many people are getting ghosted during the interview process these days so I started https://ghosts.fyi to track companies that regularly ghost. Let me know if you could see this being helpful during your job search!

                      9
                      1 Comment

                      Glassdoor has 12,686 Deutsche Bank reviews submitted anonymously by Deutsche Bank employees. Read employee reviews and ratings on Glassdoor to decide if Deutsche Bank is right for you.