Commerzbank reviews

4.1

84% would recommend to a friend

(837 total reviews)
avatar

Manfred Knof

78% approve of CEO

66% positive business outlook

Commerzbank has an employee rating of 4.1 out of 5 stars, based on 837 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Commerzbank 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

837 reviews
2.0
Mar 13, 2010
Recommend
CEO approval
Business Outlook

Pros

Friendly and relatively relaxed investment banking environment. No culture of long hours (practically 9-5). Pockets of excellence in IT and e-commerce, particularly FX and FI.

Cons

Generally a large degree of ill feeling amongst former Dresdner Kleinwort employees, and to a lesser degree amongst general employees, regarding the mismanagement of, and bad faith shown during, the merger. Difficulty retaining and hiring the best talent in this atmosphere. Far too much bureaucracy.

1.0
Mar 8, 2010
Recommend
CEO approval
Business Outlook

Pros

Work life balance: there is little or no need to stay late, as things are completed at Commerzbank's pace irrespective of who the client is. Staying late won't be rewarded, so inherent culture (understandably) is that people don't Very unlikely that you will get laid off (unless there is a macro event such as the Dresdner takeover)

Cons

Deeply, deeply bureacratic, hierarchical and institutionally set up so that employees are not incentivised to stick their necks out for the sake of good business opportunities. There is little or no point in non-German business areas and the prevailing culture is one where juniors are conditioned to assume that their superiors will take a negative view of new ideas, hence themselves also take a negative view. This is not a place to further your career

1.0
Feb 18, 2010
Recommend
CEO approval
Business Outlook

Pros

-great benefits -lots of vacation days - there is a great pension and a 4 0 1 k match, hr knowledgeable

Cons

-management doesn't know what they are doing - mandates are constantly changing so your projects lack focus - merger complications

Viewing 829 - 831 of 837 Reviews

Glassdoor has 1,847 Commerzbank reviews submitted anonymously by Commerzbank employees. Read employee reviews and ratings on Glassdoor to decide if Commerzbank is right for you.