Deutsche Bank reviews

3.8

72% would recommend to a friend

(12,823 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 12,823 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 Finanzen industry (3.7 stars).

Reviews by job title

13K reviews
3.0
Nov 13, 2009
Recommend
CEO approval
Business Outlook

Pros

Good name recognition. Superior modern technology and systems, lots of automation, particularly compared to other firms that still run on 1980's and 1990's platform (Morgan Stanley, Citigroup, JP Morgan etc). Great hands on experience which is valuable if you want to learn a lot and grow professionally quickly. Prestigious location on Wall Street. Lots of independence in decision making, little red tape compared to other banks.

Cons

Forget about getting raises or promotions if you are not a good friend of your manager, because you can kill yourself on the job but all your efforts will be ignored and you will get average grades on your performance review no matter what you do. Try justifying getting a promotion with those median grades. Amazingly, while small minority of Deutsche Bank employees are highly intelligent and productive, overwhelming majority are lazy, lack signs of intelligence, not willing to learn, keep repeating same mistakes, don't understand what they are doing, lack any initiative. So all the work load falls on the shoulders of the small intelligent minority. Lots of unqualified off-shore people working on site and off-site. Since they don't know much and sit around all day doing nothing and just collecting their pay, all the work falls on the shoulders of few, mostly US locals.

2.0
Nov 8, 2009
Recommend
CEO approval
Business Outlook

Pros

Truly global bank, diversity Socially responsible firm that sponsors charities and the arts Strong balance sheet so jobs are safe in this tough environment Some great people to work with from all over the world Pretty laid back atmosphere compared to other investment banks Easy to get promoted/fast tracked if you work hard, not psycho competitive like other banks, but requires quite a bit of ass kissing

Cons

Technology is very old Lots of manual processes, very little automation Extremely political, not a real meritocracy at all Very slow to make decisions Tons of red tape: need all kinds of sign-offs to do even simple/unimportant things Tons of redundency and segregation of duties makes it hard to get anything done because no one "owns" anything

4.0
Nov 5, 2009

DB great place - but has its quirks

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-Great benefits -they get the work/life balance -advanced technology

Cons

-not very efficient -takes a long time for approvals for trivial things (office supplies) -complex management structure (you don't always know whom to talk to and when)

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Glassdoor has 16,272 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.