Deutsche Bank reviews

3.8

72% would recommend to a friend

(12,825 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 12,825 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
2.0
Sep 16, 2011

Look Elsewhere

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good Benefits Free Coffee Sometimes you get free pens and coffee mugs. Whoo Hoo!

Cons

No reward for working hard Promotions are granted based on tenure, not work ethic and results You are not paid what college graduates should be paid. Operations is for those who gave up on real investment banking

2.0
Dec 31, 2010
Recommend
CEO approval
Business Outlook

Pros

Prestigious name to have on cv.

Cons

From an IT perspective, 5+ years ago Deutsche was a great bank hiring the best people. Most of the good people have since left, leaving behind the dead wood. Why? - no longer pays top money - bureaucratic organisation makes it hard to get things done - creativity and innovation are stifled - jumps on the nearest bandwagon but is always behind the curve, never leading - too focused on cost cutting, and often in the wrong places - too many layers of ineffective management - decision makers sit in ivory towers and do not engage with the troops until after decisions have been made - cronyism - lack of 360 reviews resulting in poor quality management team - replacing good quality, experienced on-shore staff with cheaper off-shore staff - poor quality IT systems

4.0
Jul 31, 2009
Recommend
CEO approval
Business Outlook

Pros

Hands on work experience, will learn a lot, entrepreneurial environment, initiative is encouraged, treated like a mature adult unlike other banks, good training opportunities.

Cons

If your manager does not like you on personal level you will not get anywhere careerwise despite doing a lot of good and hard work around the clock. No promotions from within, always bring in someone from outside to fill in a title aspired to by employees working towards getting that title. Recently a lot of employees and managers from crappy US companies began to arrive to Deutsche turning it into another rotten place with their incompetence and tribal politics. Very sad. If you are in IT and of wrong national origin you will be treated like dirt and abused despite being smarter then the majority.

Viewing 133 - 135 of 12,825 Reviews

Glassdoor has 16,274 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.