Deutsche Bank reviews

3.8

72% would recommend to a friend

(12,820 total reviews)
avatar

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 12,820 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
4.0
Sep 30, 2008
Recommend
CEO approval
Business Outlook

Pros

I worked with some of the smartest/talented individuals that were willing to share their knowledge. We worked together to get the job done

Cons

When it came time to "transform" the organization, it took to long for SMT to put a plan in place. The rules changes frequently for my last 2 years there. It left many with little confidence in the SMT.

4.0
Sep 22, 2008
Recommend
CEO approval
Business Outlook

Pros

DB gives people a great opportunity to work for a global european bank that is growing very fast especially in today's market. After lehman and ML they are definately going to be one of the top banks on wall street. Senior people can be very demanding, don't do investment banking unless you are ready to give up your life. Overall the pay was amazing, never made so much money in my life, there is alot of favortism towards ivy league graduates. Sometimes the "popular guy" gets respect, recognition, and bonuses over other harder working employees. The office in downtown is a pain if you want to live in village or midtown.

Cons

They are starting to cut back on perks and spending, our MD's had to pay for our summer outing out of their own pocket. No car service on weekends.

4.0
Sep 20, 2008
Recommend
CEO approval
Business Outlook

Pros

Deutsche Bank is so large that one can easily know where other open and interesting positions are. From what I have seen, it is not too difficult to move between department, which is a plus. Also there are some nice perks, such as 4 months of maternity leave and unlimited sick days through the year. The bank has a number of DBPerks which gives you discounts from airlines to Apple computers. The fact the Bank is truly global gives your the ability to relocate if you want to. The tuition reimbursement policy is pretty good, and there are also plenty of courses offered by the bank.

Cons

There is a lot of bureaucracy and there is not standard of "perks" through the bank. Some departments get certain perks, while others don't. Of course, if you work in the bank offices you don't get as many privileges and it always feels like your job is on the line, or that you are a cost or nuisance. The offices in Midtown are pretty ugly and many people dislike the open architecture. Unfortunately, it seems that's the way many banks are going. Also, the secretarial support is the worst, at least in my department. In general it seems that it is nearly impossible to fire low performing employees, which in my opinion brings down the moral of entire departments. That is truly an unfortunate aspect of the Bank. It may be that this limited to my department, but it should not be the case.

Viewing 12781 - 12783 of 12,820 Reviews

Glassdoor has 16,269 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.