My management team was outstanding. Manager decides everything, no 360 degree reviews, political toxic culture. Our community is ready to answer. Great people, sense of camaraderie, however below market comp, Unreasonable culture and unpleasant environment, Few promotion slots encourage political scapegoating culture, DB eliminated my division within 2 months of starting, Technology Finance & Business Manager (Global Markets Technology). Deutsche Bank’s unlikely comeback continues as the lender delivers an earnings beat and signals a boost to bonuses ... Deutsche Bank. The systems/applications used within Deutsche Bank. Everyone acknowledges hard work and the relationships are good in terms of providing information and answering questions. Was this review helpful? The work process. Account Settings; Sign In; For Employers. The company appears to be on the right track now to focus on its competitive advantage. The work is challenging as there are many deadlines and regulatory scrutiny. work life balance in the perfect location. Everyone is treated with respect. Deutsche estimates the tax could raise $48 billion annually in the United States–money the bank suggests could fund a $1,500 grant for the 29 million workers in the nation who can't work … The culture and environment is truly unpleasant and unfair to junior employees. Most importantly lot of things depends on your job role and profile also, some have work life balance, some. If you want a peaceful life you can choose this bank, but if you want something innovative and new then over a period of time you will get bored … Why Blind; About Us; Blog; Careers; SUPPORT. I learned about the pageantry that goes along to working for a company with a similar culture and goals. Technik komplett veraltet. Challenging work but systems need improvement. I truly enjoyed the friendships that I developed during my time at Deutsche Bank and there are some that still maintain. Get weekly updates, new jobs, and reviews, The most useful review selected by Indeed. Deutsche estimates the tax could raise $48 billion annually in the United States–money the bank suggests could fund a $1,500 grant for the 29 million workers in the nation who can't work … Needs a more transparent functioning of Senior Management in driving a clear, objectively driven strategy unbiased of nationalities of the team members/teams. There was a great variety / diversity in this organization. Poor management, a sink-or-swim culture has made it impossible to foster a good culture. FRANKFURT, Germany (AP) — Germany’s Deutsche Bank says it is in good financial shape and will push ahead with cost cuts to bolster profitability - and its CEO says working from home could play a role in that. Great Company to work for. They have quite the international footprint, you will get to work on/see deals across continents. Here For You During COVID-19 NEW! The opportunity to grow within the firm. Shares of XPeng Inc. XPEV, +1.27% surged 3.4% in premarket trading Monday, after Deutsche Bank analyst Edison Yu's bullish call on the China-based electric vehicle maker. Banks and other companies are thinking about how to re-balance their office locations and the amount of on-site work for the period after the coronavirus pandemic, which has prompted an unprecedented number of people to work from home. Deutsche Bank CEO: Remote Work Could Help Company Cut Costs Deutsche Bank's CEO says 60% of its employees are working from home and remote work could help cut costs in the future. 09 Dec 2020 07:31PM. At Deutsche Bank we are here to enable economic growth and societal progress through our positive impact. Some pretty smart people there but also lots of people that have been there way too long. REUTERS/Simon Dawson. What is the dress code like at Deutsche Bank? Do they employ foreign nationals at DB in NY? Share this content. Langsame Prozesse. You are worked to the ground until you are burnt out and turn down the money for a better lifestyle, Good exposure to deals / external senior leaders. The work culture, the ethics, facilities for employees are among the best. 11k Salaries. Great Company to work for. If you find a group you fit into, you will enjoy the long hours required of you at the junior level. I would recommend Deutsche Bank, as a place to go, if you need a job. Although work itself can be interesting, there is unreasonable expectations of juniors and no mentorship / development. There are very few if any promotions every year. I have worked for DB for over 10 years and if it wasn’t for a personal matter I would still be at DB. It is a place where things are well organised. 11k Salaries. It offers flexibility and growth potential. Why Blind; About Us; Blog; Careers; SUPPORT. 1.1k Jobs. There is a strong connection between advancement and the personnel in exodus from New York City as the bank has primed itself to be more efficient while working with less personnel. Account Settings; Sign In; For Employers. The atmosphere is casual with a professional flair. Place most of your emphasis on group culture and dynamics. Excel Modeling Course. 6.7k Reviews. Deutsche Bank used to be a proud bulge-bracket german bank, but it has since been stripped of that label. Other Deutsche Bank Employee Reviews. FRANKFURT – Germany's Deutsche Bank says it is in good financial shape and will push ahead with cost cuts to bolster profitability - and its CEO says working from home could play a role … Great place to work. I would definitely work there again but unfortunately my area has been on-shored to Jacksonville, FL. - Good place to work. The culture is highly intellectual and diverse for the vast majority as it is filled with professionals with advanced degrees of all sorts and there are many different races on board. Support by management. Analyst I (Former Employee) - New York, NY - November 11, 2020 Deutsche Bank used to be a proud bulge-bracket german bank, but it has since been stripped of that label. To do this, we build inclusive and diverse teams to drive business results. Always an open door policy for any issues or concerns. If you have the right manager who allow flexibility you can advance to other departments within the bank. Ask a question about working or interviewing at Deutsche Bank. Analyst I (Former Employee) - New York, NY - November 11, 2020. Deutsche Bank is very proud of its brand and history. Poor management, a sink-or-swim culture has made it impossible to foster a good culture. Community Guidelines; FAQs; Updates; ... “Good work life balance ” ... REVIEW YOUR COMPANY. It might have to do with the company investing in its labour force. How often do raises occur at Deutsche Bank? COMPANY. Every work experience is unique. Deutsche Bank is a good place to work, if you are ambitious you can work your way to management. As the employees deliver, management seems to always find a way to come short in order to compensate, embrace, promote, and keep high performers. From their point of view, it hurts their business to have you work from home. A place to work hard and party hard. Senior management has done a poor job to boost morale and retain talent. ... Deutsche Bank. Jobs; Company Reviews; Salaries; Interviews; Account Settings. It is clear that the organization is very political and a corporate driven sleek machine. People ask if they can help each other and provide information that helps a person do their job to the best possible outcome. They try to keep up with things to benefit the employees. Customize Interests. Associate Consultant (Current Employee) - Pune, Maharashtra - June 8, 2020. Rating Score4.0. Also, better communications with internal business partners. Engaged Employer. Specially if you are looking for stablish a career in the financial industry or if you are trying to figure what do you want to in life. Know your capabilities in doing and being innovative in your job thereby contributing to Banks objectives and mission.. Tell us about yours. I worked at Deutsche Bank full-time Pros They treat their employees fairly, are dedicated to the success of their employees, have great work life balance, and very responsive. The last couple of years have been tough for the franchise but I believe with the ongoing strategic changes and dedicated management, things could improve. Right now there is a lot of "last-minute" surprises in terms of work to be completed and no notice is given until the very last minute with not a lot of details about why something needs to be done ASAP. Deutsche Bank AG is considering moving some of its 4,600 Manhattan staff to other hub cities across the U.S. but there are no concrete plans as yet. You must have a great memory and your communication skills have to great! 1.1k Jobs. However, senior and mid-level managers are primarily vested in the bottom line and what is required out of them. Is Indeed your favorite place to learn about companies? Then, your best option is to quit and "Management" knows it. It is a really nice place to work at. People are friendly and will work with you to gain a better understanding of the company. DB was going through a transformation period with constantly changing management and tasks. FRANKFURT, Germany -- Germany's Deutsche Bank says it is in good financial shape and will push ahead with cost cuts to bolster profitability - and its CEO says working from home could play a … Good pay because the attrition from this toxic environment is through the roof. Women are just props. Deutsche Bank AG is revising its work-from-home policies in an effort to permanently reduce office space, adding to a growing number of lenders that are … Explore company values, community, the relevance of the mission and moving on. ... My Company; #Polls; Browse by: Companies Keywords. The expectations are very high every day, for everything, which is commendable for any organization. Pros. Because Deutsche bank is Das Uber bank. You learn a lot and everyone is so friendly. At the time, to many management changes and not enough emphasis on employees, although I understand the culture has changed dramatically with more stability. FRANKFURT – Germany's Deutsche Bank says it is in good financial shape and will push ahead with cost cuts to bolster profitability - and its CEO says working from home could play a … Company Reviews; Salaries; ... Other Deutsche Bank … While the interview and initial experiences were positive, DB eliminated the Global Equities division within two months of my starting and I was laid off. Foundation for All Finance Careers I wish I were still there, unfortunately due to personal reasons I had to move out of state. Here For You During COVID-19 NEW! How long does it take to get hired from start to finish at Deutsche Bank? Management has tried to improve the efficiency and effectiveness of the systems used by employees many times but it never seems to improve to the extent expected. During the onboarding process before starting to work for this company, be prepared to provide a lot of information and have to do it on your own. At Deutsche Bank we are here to enable economic growth and societal progress through our positive impact. What tips or advice would you give to someone interviewing at Deutsche Bank? Flexibility, multicultural, worldwide experience. Bookmark. Subscribe to our newsletter for news, job advice, new articles, and job resources. On average, how many hours do you work a day at Deutsche Bank? You'll learn how bad you are without real work related arguments. There is not a lot of "hand holding" in terms of paperwork and the HR staff and the actual people at your worksite may not be on the same page in terms of what is expected of you in terms of paperwork and actual starting the job. seriously.. What is the most stressful part about working at Deutsche Bank? Only a "selected few" get to advance quickly when everything is measured equally across the board. Company Overview FAQ. Diversity Score tracks how positively diverse employees rate their experience at. Great Company to work for. Deutsche Bank estimates the proportion of Americans who worked from home (WFH) during the pandemic surged to 56%. Deutsche Bank is considering moving 2,300 workers to locations outside the city after a trial with work-from-home prompted by the coronavirus … If not, conniving self-serving top management is flourishing here. Keine Förderungen. Sicherer Arbeitgeber. Other Deutsche Bank Employee Reviews. For the most part people are friendly, courteous and professional. work life balance in the perfect location. Deutsche Bank AG is revising its work-from-home policies in an effort to permanently reduce office space, adding to a growing number of lenders that are … We had been to lot of outings etc. Good luck! The DB global CEO was not performing well which did affect the management of APAC business, but overall the firm is still good. FRANKFURT, Germany (AP) — Germany’s Deutsche Bank says it is in good financial shape and will push ahead with cost cuts to bolster profitability - and its CEO says working from home could play a role in that. Blog. Deutsche Bank used to be a proud bulge-bracket german bank, but it has since been stripped of that label. I aw more respect / tolerance for the individual here than any of my other employers. Don't be afraid to bring any ideas to management as they will try to implement any good suggestions that may help streamline a process. Good place to start a career, unfortunate mismanagement led to lay offs. With total assets in the trillions and total workforce numbers topping 200,000, you would need to wonder what exactly the company is doing well. They were good about severance, but should have been more honest about the future. It was one of my best work experiences of my professional banking career. Great Place. Management looked out for its employees despite a cost containment environment being imposed. View all Deutsche Bank Reviews. Deutsche Bank is a good place to work, if you are ambitious you can work your way to management. For university and college students in their penultimate year. All employees are very friendly and helpful. Strong focus on the kind of person they hire. You may need it. Good employees are leaving on a monthly and sometimes weekly basis. A great company, great culture, great diversity. People take the time to explain things and ask questions that help others provide answers or where the question can be answered. HSBC is currently the seventh biggest bank in the world – and for a good reason. While there is great work/life balance, compensation is very low and so is morale. They have the best work/life balance amongst most large banks (I wouldn't phrase it that way, I'd say "higher employee satisfaction" or "employees feel less like a spammable resource") Does it typically take over a month after second interview to get a decision? If they don't like you, you'll know about it and soon will be like a deer running away from a hunter until the next performance assessment. Also, if you do not like the games that are played. Komplexe Hierarchie. Deutsche bank is one of the best employee friendly organisation I have worked for. Rate your employer. Rating Score4.0. People, camaraderie, internal opportunities, work/life balance, number of vacation days, unlimited sick days, Below market compensation, minimal raises, scarce bonuses, senior management is very bureaucratic. Yu … If you are lucky you will work under a decent management. Everything else is absolutely fine! Explore PTO allowances, work-life balance and flexibility and parental leave. "The sudden shift to … The plus side is that the good employees leaving are some of the best you will ever meet and are very willing to help as DB alumni. Assistant Vice President, Software Engineer - Aug 21, 2020 Write your review Instead of vesting themselves in to promoting a culture that goes hand in hand with their mission and vision. COMPANY. 6.7k Reviews. As such, many people behave politically (taking credit for other people's work, scapegoating and discouraging well-performing peers/juniors) so that well-performing employees voluntarily leave. Compensation Work life balance Good tech only in some teams . I believe Deutsche Bank is very good company based on my experience. View all Deutsche Bank Reviews. Poor management, a sink-or-swim culture has made it impossible to foster a good culture. FRANKFURT, Germany (AP) — Germany’s Deutsche Bank says it is in good financial shape and will push ahead with cost cuts to bolster profitability – and its … understand the interests of other teams and business units so that you can gain their support, aggressive company culture but also bureaucratic. You have to understand the policy and the deal transactions. Jobs; Company Reviews; Salaries; Interviews; Account Settings. Be professional and be able to work in a team environment. 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