Deutsche Bank reviews

3.8

72% would recommend to a friend

(12,849 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 12,849 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
4.0
Nov 16, 2009
Recommend
CEO approval
Business Outlook

Pros

A fair place to work and management really pushed work life balance for the staff. Financially it was paying at or above market.

Cons

Hierachical structure of the bank in the finance department was entrenched. Often had to stay late to finish off reports and systems were not the best.

2.0
Nov 14, 2009
Recommend
CEO approval
Business Outlook

Pros

Contains a few very smart people Large business with lots of potential areas to work Good training and self-development Good benefits scheme

Cons

Extremely political Management have contempt for employees Promotion and remuneration are based on personal relationships with managers Poor technology and mis-investment in it A large number of very poor quality people Extreme amounts of red-tape

3.0
Nov 13, 2009
Recommend
CEO approval
Business Outlook

Pros

Good name recognition. Superior modern technology and systems, lots of automation, particularly compared to other firms that still run on 1980's and 1990's platform (Morgan Stanley, Citigroup, JP Morgan etc). Great hands on experience which is valuable if you want to learn a lot and grow professionally quickly. Prestigious location on Wall Street. Lots of independence in decision making, little red tape compared to other banks.

Cons

Forget about getting raises or promotions if you are not a good friend of your manager, because you can kill yourself on the job but all your efforts will be ignored and you will get average grades on your performance review no matter what you do. Try justifying getting a promotion with those median grades. Amazingly, while small minority of Deutsche Bank employees are highly intelligent and productive, overwhelming majority are lazy, lack signs of intelligence, not willing to learn, keep repeating same mistakes, don't understand what they are doing, lack any initiative. So all the work load falls on the shoulders of the small intelligent minority. Lots of unqualified off-shore people working on site and off-site. Since they don't know much and sit around all day doing nothing and just collecting their pay, all the work falls on the shoulders of few, mostly US locals.

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Glassdoor has 16,308 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.