Deutsche Bank reviews

3.8

72% would recommend to a friend

(12,812 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 12,812 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
1.0
Mar 31, 2014

Horrendous

Recommend
CEO approval
Business Outlook

Pros

Apart from a good salary, there seems to be nothing worth working for.

Cons

The Cary location is largely considered a cost lowering place compared to the UK and New York offices. Hence, all the directions come from largely the UK with some from New York. Positions of authority are also reserved from folks who come from the UK with some for people here in the US. If you move from the UK, then you are in good shape, else you need to be part of a clique. It is not important to deliver results if you are in a clique. Politics and nepotism rule the day. Projects and management can change in a hurry. Most of the projects are maintenance projects with the technologies being rather ancient. The word "scrum" is used a a panacea without really understanding how to execute on it.

3.0
Mar 8, 2014
Recommend
CEO approval
Business Outlook

Pros

If you're on the right team, everything is great. Mobility opportunities, advancement opportunities are plentiful as well - on the right team. Very easy to network with colleagues in other locations to build a personal network that is global. For a strong willed person, it is very easy to flourish. On the right team, work life balance is perfect. You could not ask for better. Compensation is great as well for the market, although it will need to be adjusted upwards over the next few years to account for new competitors. Smart, talented people are the norm. Very strongly defined set of company values.

Cons

Customer-centricity is the new push as a corporate value, but is little more than lip service on the ground. No KPIs have trickled down from the ExCo as to how this should be measured. The organization as a whole is too top heavy. Constant emails from different ExCos about people we have no interaction with changing job roles and taking over responsibilities that aren't even obliquely related. This happens almost monthly, to no real benefit. Constant re-orgs allow incompetent employees to hide and maintain their status. Little to no accountability for teams that manage vendors - the vendors always fail to deliver, and the teams managing them get away with it because of the constant re-orgs. Tech projects are almost always top heavy. Too many people with no idea about what it takes to build a product involved in the process giving invalid opinions, trying to be the smartest person in the room. Too many meetings, too much design by committee. Projects run over budget and under deliver as a result. Business partners aren't held accountable for the failure and move on to new projects to continue the cycle of ruination. Obstructionism by teams in other locations doing similar work is common. Land grabs for projects and people occur constantly with the re-orgs, allowing empires to be built. Middle management seems to solely be concerned with owning projects instead of delivering value.

5.0
May 27, 2017
Recommend
CEO approval
Business Outlook

Pros

People! People, People! In my two and a half decade long career I've come across many huge companies as a consultant, of course, and would never choose to join. This on is different. The people here, each and every one, are just down to the ground decent human beings. The company takes care of it own. This is one of those families one normally never leaves.

Cons

A long, hard, unforgiving stream of bad luck, fines and repetitional damage. And for our industry reputation is everything. Also, despite the fact that all of us are great people we tend to collectively cause each-other unnecessary grief. The upper management has a clear understanding and viable vision to what needs to be done to right the ship. The contributing mice are all experts in their respective domains. Nevertheless, top to bottom, the message is often lost or distorted in transaction or propagation. The overall culture is healthy but the middle-tier mentality is archaic. The core values campaign in well put together and slowly produces results - keyword is slowly.

Viewing 16 - 18 of 12,812 Reviews

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