Deutsche Bank

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Deutsche Bank Reviews

Updated Jul 23, 2014
All Employees Current Employees Only

3.4 1,122 reviews

76% Approve of the CEO

Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain

Jürgen Fitschen & Anshu Jain

(268 ratings)

68% of employees recommend this company to a friend

Review Highlights

Pros
  • Good work-life balance and a global footprint help one explore the corners of the world(in 102 reviews)

  • Change is the only constant - a highly dynamic work environment(in 63 reviews)


Cons
  • The work life balance is crap and if you want to transfer between teams forget it(in 40 reviews)

  • It's very much a grind and long hours and can get quite confrontational(in 45 reviews)

1,122 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
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    • Approves of CEO

     

    Good work culture

    Anonymous Employee (Current Employee)

    ProsMNC with international level of work culture regardless of the office location. Good benefits and future prospects.

    ConsToo many internal processes for promotions

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    Banking leaders

    Managing Director (Current Employee) Los Angeles, CA (US)

    ProsGood work-life balance and a global footprint help one explore the corners of the world.

    ConsOld school beliefs and resistance to change have dampened the growth of the bank outside European Union.

    Advice to Senior ManagementThis time to expand in the right verticals across USA, specially the west coast and in India and China with a different perspective is now.

    Yes, I would recommend this company to a friend

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    Good place to work in India

    Anonymous Employee (Current Employee)

    ProsBest salary range in India

    ConsMiddle management, Inadequate growth opportunities

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
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    • No Opinion of CEO

     

    Good place for a first banking experience.

    Communications (Former Employee)

    ProsProfessional environment with good work-life balance. Management was approachable and open to new ideas.

    ConsI had the feeling that the German culture was very present, and that it was difficult to grow if this is not your own culture.

    Advice to Senior ManagementEmbrace diversity.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    • No Opinion of CEO

     

    If you like long hours it's the place to be, but more importantly if you want to learn the financial business it's here.

    Anonymous Employee (Former Employee)

    ProsExposure to financial industry is endless. If you are motivated, focused and a determine you can learn so much. There are always opportunities to contribute and learn. Colleagues are always available to answer questions. But understanding how and when to present questions is critical.

    ConsFor some long hours. Personally, I loved my job!

    Advice to Senior ManagementContinued training to new staff.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Solid place to work

    Anonymous Employee (Former Employee)

    Prospeople are good, cafeteria is awesome. They are always looking to improve

    ConsInefficiencies in the system, it takes a while to get up and running

    Yes, I would recommend this company to a friend

     

    Former DB employee

    Anonymous Employee (Former Employee)

    ProsExcellent benefits, a supportive corporate culture, and a real commitment to corporate philanthropy and citizenship. I loved working there.

    ConsAmerican and -German culture differences.

    • Culture & Values
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    Strong Leadership, Open culture

    Vice President (Former Employee) Mumbai (India)

    ProsNon-hirearcial, Strong vision, informal work environment

    ConsHighly matrixed, very slow in decisions

    Yes, I would recommend this company to a friend

     

    not so great environment

    Anonymous Employee (Former Employee)

    Prosgood benefits - longer vacation for associates. 6 months of maternity leave, which is the longest i heard on the street. base salary is competitive. reasonably smart jr. level people.

    Conspoor work life balance, leadership culture is bad. not so knowledgeable Jr. level managers. training was almost zero. not so great bonus. poor internal mobility structure. unresponsive middle level managers.

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    • No Opinion of CEO

     

    Cumbersome

    Project Manager/Business Analyst (Former Employee) New York, NY (US)

    ProsNice Cafeteria. Wall Street Location. Broker/Dealer Trading Desk people were very knowledgeable about the products they trade on a daily basis.

    ConsLack of communication and/or commitment. Rates IT had a very damaged reputation for Not understanding technology, and I couldn't fix that. Everyone afraid to lose their jobs, and won't commit to understanding in-house technology. No SME-Subject Matter Experts. Back stabbing - will take credit for your work, verbal abuses from those less knowledgeable about technology, etc.

    Advice to Senior ManagementSenior Managers should be in charge of the hiring process - Not employees. Employees will NOT Hire qualified people who may pose a threat to their position. Ineffective managers have high turnaround of consultants due to lack of personal insecurity surrounding knowledge-base. DB needs a "Centralized" IT Management Group to ensure individual departments meet criteria "Before" UAT Testing can begin, such as Base-lining and Unit-Testing. These will ensure successful implementation 1st time around, as well as Subject Matter Experts for each in-house proprietary platform in use today.

    No, I would not recommend this company to a friend

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