A company which is too large to be effectively managed but has a great brand
Pros
The Deutsche Bank brand is brilliant - it is widely respected to DB's clients and because of this, it is also highly respected in the job markets. The name on your CV, particularly if you can mention investment banking related experience, is worth a great deal. In my opinion, the best reason to work for DB is it's global brand name. Compared to other investment banks, its salary is competitive. Another great reason to work for Deutsche Bank in the London office is the work life balance. Unlike other investment banks, it understands that you have a life outside work! For example, the social networks such as the family network are very active.
Cons
Although Deutsche Bank boasts of a "one bank" culture, this is far from the truth. The 1 bank brand is strong and it is worth recognising that there are roughly 80,000 employees at the firm; many of those work in the retail arm. Although the retail business keeps things going in a downturn, it makes the firm far too large to manage. Senior management is far too Germanic in their approach and fill your day with unproductive administration. For example, technology and business audits are continually carried out but due to cost constraints, resourcing is so tight that there is no time to address these. Some areas of the bank thrive but others consistently fail.