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      Deutsche Bank

      Engaged Employer

      Deutsche Bank reviews

      3.8

      72% would recommend to a friend

      (12,811 total reviews)
      avatar

      Christian Sewing

      85% approve of CEO

      69% positive business outlook

      Ratings by category

      4.0

      Diversity & inclusion

      3.9

      Work/Life balance

      3.7

      Culture & values

      3.5

      Career opportunities

      3.4

      Compensation and benefits

      3.2

      Senior management

      Deutsche Bank has an employee rating of 3.8 out of 5 stars, based on 12,811 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).

      Ratings by demographic groups

      Reviews by job title

      13K reviews
      4.0
      Jun 16, 2008

      Deutsche Bank is a very good example of a truly global bank providing opportunities all over the world

      Vice president - global technology & operations
      Recommend
      CEO approval
      Business Outlook

      Pros

      Deutsche Bank has been less impacted by the current credit crisis and is in fact considered a go to company by clients concerned about the stability of some of the other banks. This means that there are a lot of opportunities to increase the banks market share and future profitability. Communication from management has improved drastically in the last year and there is a lot of self analysis on how to improve the work environment and how to retain staff. To me this suggests that they are aware that employees are the most crucial asset in being a successful investment bank. Deutsche Bank provides 16 weeks paid maternity leave and a phase back to work program for parents which is a critical element in retaining women who have started families. In addition Deutsche Bank has a corporate social responsibility policy and is involved in improving every community that it is involved in. Being involved in helping those who are less fortunate through education collaboration and being socially responsible in the community and environmentally makes me proud to work for the company.

      Cons

      The company is very large and spread over a lot of different locations. This makes it difficult to track down people and information internally. Althoug the bank is aware of the issue and is working to resolve it there doesn't look to be a good solution available yet.

      4.0
      Jun 13, 2008

      Finding the right balance between global and local expertise

      Risk manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Opportunity to work with talented people around the world on projects with global scope. From Asia, through Europe to South America, there were dedicated resources who made any project interesting and enriching. Very often the projects were leading edge as business lines saw and strove to be first tap new markets with new products, technology and solutions. Resources and technology were also always available as tools in order to conceive or deliver the next generation of products. There was also a strong focus on training and development. Even when budgets were tight, it was possible for budget to attend world class educational sessions.

      Cons

      Cultural and ideological clashes with management outside of the US. When you have good people who want to work hard and do the right thing, the hardest thing is to step back and let them do it. In this organization, there too often tends to be only one, global, central right way of doing things, even if that's not an ideal fit in certain localities, or even if certain local resources may question direction based on their own not-insignificant expertise. The home office, branch mentality is very common in many organizations, but there is value in overcoming it and opening lines of communication.

      3.0
      Jun 12, 2008

      Neutral Rating on DB New York

      Assistant vice president - technology
      Recommend
      CEO approval
      Business Outlook

      Pros

      The New York office is located on Wall Street. The organization prides itself on being a upstart and gaining a strong foothold in the US market. It has done well in the sub-prime crisis. The pay is comparable to other banks. DB also has a tremendous Social Investments Group. If you are interested in it, they have great opportunities to work with them. Social Investments is one of the few areas in which DB is truly a pioneer. DB since it has been playing catch up in the US market, is always willing to try new business ideas and aggressively courts new clients. This gives ample opportunities to grow.

      Cons

      Since growth in New York has been haphazard, there are quite a few silos. Do not expect the same cooperation as at Goldman. DB New York also does not yet have a set culture that is distinct. The power center is in London (where Anshu Jain sits), so New York still does not pull its weight. DB is also encumbered by the huge retail operations in Germany, where the culture is very very different. If you want to work for technology, DB has mixed reviews. Some groups value technology, and some just see them as a cost center. Technology in the financial services can be extremely challenging and exciting - things you do day to day have considerable implications. The pay is considerably better than at a tech firm. The work life balance is also terrible and you are always considered a cost center, even if technology drives the revenue.

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      ReviewsDeutsche Bank reviews

      Glassdoor has 16,259 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.