Deutsche Bank reviews

Career/Compensation. This is a black hole of hiring analysts/associates and keeping them junior till they have no other option but to leave. The general perception on the street is pretty bad for DBCenter.(Goldman's Salt Lake City office is considered far better) Essentially the problem is a lot of Vertical Managers who should be in HR but are making decisions that they do not understand. To move up in the organization, it becomes important to be on their good side, rather than do good work.

Global senior management in Deutsche continues to very much be an old boy's club, chauvinism is omnipresent at this level, and gender discrimination is very common in mid and senior levels and part of the company culture (despite official policies and speeches). Similar discrepancies between official and inofficial company cultural values in many other areas. As an MD or Dir, be prepared to deal with a comparatively high rate of politics and silo-mentality standing in the way of efficiency and bank-wide cooperation Experimental minor and major restructurings, which often are short-sighted unaligned measures of pure activism, are ever present. Many things tend to go back to where they were after a certain amount of time - of course, as in many places, going back to former solutions is usually sold as yet another big innovation, not as a strategic mistake being corrected. Low buy-ins into and unspoken boycots of restructuring measures by mid and senior managers as a result. Recent year cost cutting programs and smartsourcing of jobs result in overall low job morale, resignation and frustration.