Toxic, soul crushing for anyone with the desire to be in real investment banking - Senior Analyst Deutsche Bank Employee Review

1.0
Jul 11, 2012
Recommend
CEO approval
Business Outlook

Pros

OK benefits, cost of living in jacksonville is cheap (not an excuse for terrible salaries), short commute time.

Cons

The atmosphere throughout most of the Jacksonville site is toxic. Turnover is very high. The only people that stay for very long are those that have given up on something better, local yocals from UNF or some community college that can't find anything better or the lunatics that have taken over the asylum. The underlying cause as far as I can tell is the complete lack of hiring standards and the poor wage. I've seen several recent hires (these are all college grads mind you, or so i've heard) that cannot spell the simplest of words or even know how to use EXCEL. Almost every single job at DB requires one to use excel for 50% of your day or more. Hiring managers will lie to your face during the interview to make you believe you have a shot a moving up through deligence and hard work. You can personally save the bank hundreds of thousands of dollars a year and you'll be lucky to receive a 3% raise at the end of the year. 3% of 33k is garbage. Seems like almost all the middle management has been promoted into their position because they didn't know how to do any actual work and the company didn't know what else to do with them. Also, if you're one of the unlucky ones you can be placed onto a team that requires you to work 60+ hr a week. Of course you cant be required to work that many hours but good luck at ever getting a promotion without it.

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5.0
May 19, 2026
Recommend
CEO approval
Business Outlook

Pros

The work-life balance is good and teams are generally relaxed

Cons

The salary could be higher

1.0
May 31, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Location in NYC Class A building

Cons

Incompetent Senior Management in Investment Banking Untrustworthy, lack of purpose Dedication to DB does NOTHING For you They are discriminatory towards anyone over 55 +

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