Deutsche Bank reviews

3.8

72% would recommend to a friend

(12,818 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 12,818 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 Finance industry (3.7 stars).

Reviews by job title

13K reviews
5.0
Jun 19, 2008
Recommend
CEO approval
Business Outlook

Pros

Having worked in several different teams in Deutsche Bank in London I can honestly say that it is a very meritocratic environment. Sure the hours can be long and there are difficult characters to deal with (that's banking!) but generally if you are good, and work hard, then you are rewarded.

Cons

Nothing that couldn't also be said about other companies in the industry. Deutsche does perhaps struggle with whether it wants to be a dynamic, flexible organisation vs being a company that dictates standards. However the balance is better than another bank I have worked at where the fixation on process was bodering on becoming a liability.

4.0
Jun 16, 2008
Recommend
CEO approval
Business Outlook

Pros

Deutsche Bank has been less impacted by the current credit crisis and is in fact considered a go to company by clients concerned about the stability of some of the other banks. This means that there are a lot of opportunities to increase the banks market share and future profitability. Communication from management has improved drastically in the last year and there is a lot of self analysis on how to improve the work environment and how to retain staff. To me this suggests that they are aware that employees are the most crucial asset in being a successful investment bank. Deutsche Bank provides 16 weeks paid maternity leave and a phase back to work program for parents which is a critical element in retaining women who have started families. In addition Deutsche Bank has a corporate social responsibility policy and is involved in improving every community that it is involved in. Being involved in helping those who are less fortunate through education collaboration and being socially responsible in the community and environmentally makes me proud to work for the company.

Cons

The company is very large and spread over a lot of different locations. This makes it difficult to track down people and information internally. Althoug the bank is aware of the issue and is working to resolve it there doesn't look to be a good solution available yet.

4.0
Jun 13, 2008
Recommend
CEO approval
Business Outlook

Pros

Opportunity to work with talented people around the world on projects with global scope. From Asia, through Europe to South America, there were dedicated resources who made any project interesting and enriching. Very often the projects were leading edge as business lines saw and strove to be first tap new markets with new products, technology and solutions. Resources and technology were also always available as tools in order to conceive or deliver the next generation of products. There was also a strong focus on training and development. Even when budgets were tight, it was possible for budget to attend world class educational sessions.

Cons

Cultural and ideological clashes with management outside of the US. When you have good people who want to work hard and do the right thing, the hardest thing is to step back and let them do it. In this organization, there too often tends to be only one, global, central right way of doing things, even if that's not an ideal fit in certain localities, or even if certain local resources may question direction based on their own not-insignificant expertise. The home office, branch mentality is very common in many organizations, but there is value in overcoming it and opening lines of communication.

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