Deutsche Bank

  www.deutsche-bank.de
  www.deutsche-bank.de

Deutsche Bank Reviews

Updated 28 October 2014
Updated 28 October 2014
1,246 Reviews
3.2
1,246 Reviews
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Deutsche Bank Co-Chairmen & CEO Jürgen Fitschen & Anshu Jain
Jürgen Fitschen & Anshu Jain
320 Ratings

Review Highlights

Pros
  • Good work-life balance and a global footprint help one explore the corners of the world (in 109 reviews)

  • Change is the only constant - a highly dynamic work environment (in 69 reviews)


Cons
  • No work life balance; morale could go down at times (in 45 reviews)

  • a culture of long hours where they aren't required (in 61 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Deutsche Bank full-time

    Pros

    Has a good work-life balance

    Cons

    DB gives very low salary package.

    Recommends
  2.  

    some good, some bad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Production Support Manager in London, England (UK)
    Former Employee - Production Support Manager in London, England (UK)

    I worked at Deutsche Bank full-time (more than 10 years)

    Pros

    A reasonable place to work with some great people.

    Cons

    Management. There are far too many people at director level and above. What they need to do is cull the majority and actually get in some people who can do the work and improve things. Project costs spiral out of control because of the management overheads and management interference.

    Advice to ManagementAdvice

    Walk away. Do your bit and then let others get on with the work.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    Process Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Deutsche Bank as a contractor (less than an year)

    Pros

    Projects on-going for several Departments, very process oriented culture. Some of the project groups are good.

    Cons

    Senior Management is only interested in cost cutting. Onboarding was a mess and extremely disorganized. Less leading the way in IT strategy and more following / catching up to the heard.

    Advice to ManagementAdvice

    Invest in your people and allow them to have a better work/life balance. It's the small things that people like and will keep them happy and more productive in long haul.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Deutsche Bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President in Bangalore (India)
    Current Employee - Assistant Vice President in Bangalore (India)

    I have been working at Deutsche Bank full-time (more than 3 years)

    Pros

    Challenging environment to work. So you build up nerve for unorganised environment.

    Cons

    1. Systems are not in good shape. There are a lot of systems to learn before u learn process.
    2. Application are out of date. DB is still using SSR.
    3. Extra pressure on people managers as there are no team leaders. Managers r expected to do TL plus Manager job.
    4. Lot of politics.
    5. Performance evaluation is not transparent.
    6. Human resources department is not efficient at all.
    7. IT dept doesn't know what to do with most of the applications plus they work at a snail's speed to resolve any iT issues.
    8. Getting application for my staff was big headache. It used to take 2 to 3 months for an employee to get full access to required applications. Massive pain area.

    Advice to ManagementAdvice

    It became circus when I was there. Estalished a team then they expected huge amount of cross training then they wanted staff saves then location move. All at once with no time to breath.
    Technological updates are required. People should be focusing on process improvement rather than technology problems.
    Need to make HR and IT dept efficient to help ur people work.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  6.  

    Boring People and not much motivation

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Deutsche Bank

    Pros

    Good pay, access to benefits, gym, prestige., great training.

    Cons

    Pretty much everything else. Company is going in decline, lots of cuts especially in technology. The people working there are unmotivated and mostly boring. I'm definitely leaving this place.

  7.  

    Senior Analyst

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Deutsche Bank

    Pros

    On a positive note, the environment is quite relax and easy going. Very young team in Berlin. 'Work load is OK.

    Cons

    Cost center perception is very evident. Tight wages control and very limited corporate events. limited corp benefits

  8.  

    Vice President

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

    I have been working at Deutsche Bank full-time (more than 3 years)

    Pros

    Global footprint and diversity of business

    Cons

    Slow promotion process and can be top heavy

  9.  

    Competitive salaries, tough to grow

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Operations Analyst in Jacksonville, FL (US)
    Current Employee - Senior Operations Analyst in Jacksonville, FL (US)

    I have been working at Deutsche Bank full-time (more than an year)

    Pros

    Competitive salaries
    Good benefits
    Good lower level work force

    Cons

    Poor management
    Poor systems
    Long hours
    Management does not listen to employees

    Advice to ManagementAdvice

    Listen to your employees. The operational center point belongs to those employees who work on the day to day. Low level managers seem to have little to no clue on the process. Many hours are spent in meeting with a lot of talk, but action needs to take place.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10.  

    Not so solid graduate program

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate - Technology in New York, NY (US)
    Current Employee - Associate - Technology in New York, NY (US)

    I have been working at Deutsche Bank full-time (more than an year)

    Pros

    Deutsche Bank has one of the largest graduate programs amongst all the investment banks, rotations allow you to try a few different areas before you settle on your desk

    Cons

    Some of the managers who take on graduates just do it for lip service, it's sometimes difficult to land rotation that has good work, so even though the general idea of the rotation is to help you gain knowledge and good overview of several different areas, you rarely get that unless you end with a good manager

    Advice to ManagementAdvice

    Graduate program too long, evaluation needs to be 360 degrees like other banks in order to make managers accountable for themselves

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Could be better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate - Middle Office in London, England (UK)
    Current Employee - Associate - Middle Office in London, England (UK)

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

    Pros

    You can take a way a lot of good things networking with people around you.

    Cons

    Management has little incentive in making you grow in the company or in trying to lead and motivate you.

    Advice to ManagementAdvice

    Should be looking more after its own employees instead of working under the model" I don't need to talk to you unless I hear there is a problem".

    Doesn't Recommend
    Neutral Outlook

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