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 Finanzas industry (3.7 stars).

Reviews by job title

13K reviews
3.0
Jan 20, 2014

Could improve on people management

Recommend
CEO approval
Business Outlook

Pros

Working with some of the highliest skilled people in the industry with expansion in some of the most interesting markets. Very diverse staff, client, product and operating platform Comparatively good staff benefits Ongoing growth and opportunities particularly in Asia (despite of onsite job cut-downs due to ongoing smart- and outsourcing of processes into low-payment hubs in Manila, Berlin, Mumbai, New Jersey etc)

Cons

Global senior management in Deutsche continues to very much be an old boy's club, chauvinism is omnipresent at this level, and gender discrimination is very common in mid and senior levels and part of the company culture (despite official policies and speeches). Similar discrepancies between official and inofficial company cultural values in many other areas. As an MD or Dir, be prepared to deal with a comparatively high rate of politics and silo-mentality standing in the way of efficiency and bank-wide cooperation Experimental minor and major restructurings, which often are short-sighted unaligned measures of pure activism, are ever present. Many things tend to go back to where they were after a certain amount of time - of course, as in many places, going back to former solutions is usually sold as yet another big innovation, not as a strategic mistake being corrected. Low buy-ins into and unspoken boycots of restructuring measures by mid and senior managers as a result. Recent year cost cutting programs and smartsourcing of jobs result in overall low job morale, resignation and frustration.

1.0
Aug 19, 2012
Recommend
CEO approval
Business Outlook

Pros

No pros at all, rubbish bank to work for.

Cons

A big bank from outside, Rotting inside. Bullies, never appreciate hardworks, love bullshitters. No clear career development, concentrate on rubbish internal campaigns, treat staff as a number.London control and treat Birmingham staff like slaves

2.0
Mar 11, 2024

Working at DB did not meet my expectations...

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- The benefits and time off are good, especially the health insurance and maternity leave. - Main building in Jax has cafe, gym, and nurse's office, and is in a great location. - Most people that work there are friendly and approachable. - There are a lot of resource groups, and ways to get involved and meet people outside of your team.

Cons

- The pay is not the greatest. What you come in with, you will be at for a while. You basically have to promote in order to get a raise. - The promotions seem to be more political or based on favoritism, rather than merit and hard work. - Because of this, management is not typically as knowledgeable as they could be, and a lot of the job is up to the associates to figure it out. - Training is nonexistent for most roles. It's a sink or swim culture. - They have done some upgrades to the systems, but they are still slow. - They changed the hybrid schedule to a required 3 days a week, with barely 90 days' notice, to start in the summer when school is out. This is a huge inconvenience for employees, especially those that need to figure out childcare. - Morale is definitely low amongst a lot of associates. It has become very production and metrics driven, and some people have been laid off. I have heard multiple stories of employees being called out on team calls for not meeting metrics that are sometimes unreasonable. Your work-life balance is sometimes compromised in order to hit the numbers.

Viewing 76 - 78 of 12,849 Reviews

Glassdoor has 16,309 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.