Deutsche Bank reviews

3.8

72% would recommend to a friend

(12,813 total reviews)
avatar

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 12,813 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
1.0
Jun 30, 2014
Recommend
CEO approval
Business Outlook

Pros

The software engineers in the local dev center are talented, collaborative, driven, and friendly.

Cons

The overwhelming bureaucracy of GT prevents the talented engineers from actually delivering useful business solutions. Process, audit, and optics smother engineering capabilities, create huge barriers to productivity, and drain the energy from teams.

1.0
Mar 31, 2014

Horrendous

Recommend
CEO approval
Business Outlook

Pros

Apart from a good salary, there seems to be nothing worth working for.

Cons

The Cary location is largely considered a cost lowering place compared to the UK and New York offices. Hence, all the directions come from largely the UK with some from New York. Positions of authority are also reserved from folks who come from the UK with some for people here in the US. If you move from the UK, then you are in good shape, else you need to be part of a clique. It is not important to deliver results if you are in a clique. Politics and nepotism rule the day. Projects and management can change in a hurry. Most of the projects are maintenance projects with the technologies being rather ancient. The word "scrum" is used a a panacea without really understanding how to execute on it.

3.0
Mar 8, 2014
Recommend
CEO approval
Business Outlook

Pros

If you're on the right team, everything is great. Mobility opportunities, advancement opportunities are plentiful as well - on the right team. Very easy to network with colleagues in other locations to build a personal network that is global. For a strong willed person, it is very easy to flourish. On the right team, work life balance is perfect. You could not ask for better. Compensation is great as well for the market, although it will need to be adjusted upwards over the next few years to account for new competitors. Smart, talented people are the norm. Very strongly defined set of company values.

Cons

Customer-centricity is the new push as a corporate value, but is little more than lip service on the ground. No KPIs have trickled down from the ExCo as to how this should be measured. The organization as a whole is too top heavy. Constant emails from different ExCos about people we have no interaction with changing job roles and taking over responsibilities that aren't even obliquely related. This happens almost monthly, to no real benefit. Constant re-orgs allow incompetent employees to hide and maintain their status. Little to no accountability for teams that manage vendors - the vendors always fail to deliver, and the teams managing them get away with it because of the constant re-orgs. Tech projects are almost always top heavy. Too many people with no idea about what it takes to build a product involved in the process giving invalid opinions, trying to be the smartest person in the room. Too many meetings, too much design by committee. Projects run over budget and under deliver as a result. Business partners aren't held accountable for the failure and move on to new projects to continue the cycle of ruination. Obstructionism by teams in other locations doing similar work is common. Land grabs for projects and people occur constantly with the re-orgs, allowing empires to be built. Middle management seems to solely be concerned with owning projects instead of delivering value.

Viewing 16 - 18 of 12,813 Reviews

Glassdoor has 16,261 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.