A Bank In Decline - AVP - Technology Deutsche Bank Employee Review

2.0
Dec 31, 2010
Recommend
CEO approval
Business Outlook

Pros

Prestigious name to have on cv.

Cons

From an IT perspective, 5+ years ago Deutsche was a great bank hiring the best people. Most of the good people have since left, leaving behind the dead wood. Why? - no longer pays top money - bureaucratic organisation makes it hard to get things done - creativity and innovation are stifled - jumps on the nearest bandwagon but is always behind the curve, never leading - too focused on cost cutting, and often in the wrong places - too many layers of ineffective management - decision makers sit in ivory towers and do not engage with the troops until after decisions have been made - cronyism - lack of 360 reviews resulting in poor quality management team - replacing good quality, experienced on-shore staff with cheaper off-shore staff - poor quality IT systems

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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

4.0
Jul 2, 2026
Recommend
CEO approval
Business Outlook

Pros

- Benefits - Work life balance - PTO

Cons

- Slow growth - Less promotions - Red tape on new technology - Legacy code

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