Deutsche Bank reviews

3.8

72% would recommend to a friend

(12,818 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 12,818 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
4.0
Jan 6, 2009
Recommend
CEO approval
Business Outlook

Pros

Large, global bank with good resources. Great place to make connections, enhance network, learn, good rotation system when starting out of school. In US, DB has been investing and growing to upgrade their US reputation to match their reputation in Europe - so that is a good thing to be a part of. Compensation always seemed fair compared to other banks. Generally a friendly place to work. I found most of my coworkers to be helpful and friendly. Also good work/life balance. We obviously worked hard, but had the opportunity to have a personal life. Decent opportunity to move around inside the company.

Cons

Politics. Probably similar to any big company. The bank is based in Germany and investment bank based in London. You definitely get that feeling as the executive management do not make many (in some cases any) appearances in NY.

4.0
Jan 6, 2009
Recommend
CEO approval
Business Outlook

Pros

There are lots of opportunities to further develop your profile, the chances are great and you can move within Deutsche Bank keeping job safety. In most areas of Deutsche you will be able to work part-time or have a home office, which makes life much easier if you have a family. In this case your career chances are drastically reducted, this is the downside. Deutsche has a slogan "passion to perform", and I think that this suits Deutsche very well. Most people are highly motivated and quite smart, so you feel sure that with your workmates you will be able to reach great objectives. Soft skills have an important role at deutsche, if you are good, you are been helped to become even better by enhancing your profile. Trainings and a thorough performance review help you getting better and better. If you are good, you will be also payed good.

Cons

You have to work hard - forget about the 39 hours in the contract - if you want career, prepare to work at least 50 hours/week. As in most big companies, it is not easy to get something done if you do not go along the policies and standards of your department. There is lots of politics in it, altough this depends on the single department you are working for. Benefits are not very interesting - you get better conditions if you need a credit, but in phases of low interest rates you can find better rates outside Deutsche. You can have a business car, but you pay a lot for it, it is not an incentive from the financial side.

3.0
Jan 5, 2009
Recommend
CEO approval
Business Outlook

Pros

Reputation of the bank in the financial system.

Cons

Senior management is not always competent, you could suffer from the absence of point of reference to increase your skills and to learn from. When you are hired by a global investment bank like Deutsche bank you expect people and in particular senior management to be extreamely skilled and outperforming. Is really disappointing to realize how low sometimes is the level of competence of vice presidents, directors and even managing dirctors.

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Glassdoor has 16,267 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.