Deutsche Bank reviews

3.8

71% would recommend to a friend

(12,862 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 12,862 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 Finanzas industry (3.7 stars).

Reviews by job title

13K reviews
2.0
Feb 4, 2015
Recommend
CEO approval
Business Outlook

Pros

Global bank with strong presence in USA, UK, Germany, Singapore. Depends on your team but you can achieve a good work-life balance. This place is ideal for middle-aged people who have families and want to go home at a reasonable hour. The technology division is very lenient regarding working from home and many really take advantage of this. The pay is decent but make sure you negotiate upfront because salary rarely increases unless you are promoted. Unlimited sick days. 3-4 weeks vacation. With mounting regulatory pressures and tough competition, the bank is trying to reduce costs and increase returns for shareholders.

Cons

Total compensation (salary + bonus) has remained flat or even gone down for some. Promotions, even at the lowest levels, are becoming more difficult to obtain each year. Over the past few years, the Bank has implemented many cost cutting measures almost to an extreme (they do not even provide paper cups at the water fountain or coffee machine). Healthcare costs have steadily increased unless you go for a high deductible plan. Don't bother making business cards since the bank is constantly reorganizing and restructuring. Even though my job description hasn't changed much, my team has been renamed about 6 times in the past 4 years. Top talent has left for other banks leaving less intelligent workers behind.

3.0
Dec 21, 2014
Recommend
CEO approval
Business Outlook

Pros

DB's people are top-notch and are known to be at the cutting edge of the markets and derivatives. The atmosphere is competitive and aggressive. Compensation is not what is used to be, even for top performers.

Cons

The industry changes, including capital requirements, cutting of derivative trading and credit appetite have hit hard at the spots where DB used to excel. Work has become more plain vanilla and commoditized (boring).

2.0
Nov 24, 2014

Mehh is how I would describe it

Recommend
CEO approval
Business Outlook

Pros

Somewhat interesting systems Some enthusiastic people

Cons

Been here for far too long and seen seven senior managment changes each with their own idea on how to make IT more efficient, sometimes in conflict with the previous decision The graduate programme once the pride of this bank has been reduced to accepting the bottom of the barrell. Students with horrible GPAs and a complete lack of self awareness somehow get a job here

Viewing 298 - 300 of 12,862 Reviews

Glassdoor has 16,331 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.