Deutsche Bank reviews

Depressing is the only word that comes to mind while sharing my more than 6 years of experience with this company. Despite being a high performer, there is no scope for growth. DB (especially Cary location) is a big NO NO for people with talent. In fact, they are the most unsuited species for its culture. Most of the power controls are in London and NY and they have vested interests in not letting Cary grow. Someone with good potential is targeted, mistreated, given worthless work and eventually forced to quit by exercising their political might. Most of the management (Directors & VPs) are undeserving loyalist who are only rubber stamps, taking orders from their bosses in NY or London and in return they survive the job (and even get promoted). This is helped by the HB2 hiring freeze and the bank's cost cutting measures which limited the growth in Cary. The technical architects (most of them controlling from London & NY) are highly incapable to even designing basic systems but are given a free hand because of their proximity to those who matter at the cost of quality. You can even find vendors architects & managers dominating and mistreating FTEs only because of support they hold from the powerful. Most of the applications in the bank are outdated and badly designed to handle today's needs. The HR and the senior management is well aware of this but has done nothing except for mentioning it in a couple of town halls & interact sessions. On the contrary, starting last year, even the authority of deciding the recognition award & promotion candidates in Cary was given to London & NY panels. This was a final nail in the coffin for Cary's sovereignty to retain good talent and do what is good for them. To conclude, the overall atmosphere in the bank is highly political and counterproductive where talented new joiners will only add to a mass of frustrated zombies found everywhere throughout the centre now-a-days.