I applied through a recruiter. The process took 4 weeks. I interviewed at Deutsche Bank in Jul 2011
Interview
Typical start with a phone screen, included IT engineers from London as well as local resources. Subsequently brought in for face-to-face. They were not concerned that I didn't have investment banking background as they know that the need the technical skills and can teach the subject matter to qualified candidates.
Interview questions [1]
Question 1
Created a scenario where a subordinate was underperforming and asked how I would deal with it. I went down the personal problem path, but they were seeking an answer more like whether or not that person was being adequately challenged.