Deutsche Bank reviews

3.8

72% would recommend to a friend

(12,817 total reviews)
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Christian Sewing

85% approve of CEO

69% positive business outlook

Deutsche Bank has an employee rating of 3.8 out of 5 stars, based on 12,817 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Deutsche Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

13K reviews
4.0
Aug 29, 2008
Recommend
CEO approval
Business Outlook

Pros

In the credit crunch it would be stability, security. Generally it is a friendly place to work and lacks the edginess of some of the American banks.

Cons

Bureaucracy is rampant, out-sourcing is common and badly implemented, IT infrastructure is poor and badly managed, budgets are unpredictable and often cut, staff are treated as a cost not an asset

4.0
Aug 28, 2008
Recommend
CEO approval
Business Outlook

Pros

Stable and trust worthy employer where staff gets an opportunity to work in various departments or different biz units with out leaving the organisation.

Cons

Salary are below the market.

2.0
Aug 25, 2008
Recommend
CEO approval
Business Outlook

Pros

Technology in Deutsche Bank is way behind pretty much every one of its competitors. Thus, if you join technology you can be a part bringing it up to speed with the competition, and gain lots of responsibility in the process. Hours are 9-5.

Cons

Compensation is exceptionally poor for people who work in technology. Bonuses are entirely politics based. It doesn't matter how hard you work. You might come up with a trading algorithm or technology enhancement that enables the trading desk to increase PnL by 50% to £1m, but don't expect that to be reflected in your bonus. You're still getting a fixed 20% so my best advice is to go home at 5 and not make the extra effort. The business side still has absolute control over the budget, changing it widely from +/- 10% EACH quarter. It's impossible to plan any kind of stable headcount. Management is poor. If you come up with a great idea in DB make sure you keep it to yourself, because EVERYONE will steal it and give you no credit whatsoever. There are lots of opportunities in DB, but no one is going to help you take them. You've got to play political games all the time. The graduate scheme is pretty awful. HR have made the assumption that if you're a graduate you know nothing about either banking or technology. I learnt nothing in the time I had training. You also get lumbered with two "Change Management" projects, which are essentially a load busy work and a waste of time. You teams management won't give you support in doing this so you're going to end up working weekends on it.

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Glassdoor has 16,266 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.