is deutsche bank a good company to work for

Poor management, a sink-or-swim culture has made it impossible to foster a good culture. 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. Senior management has done a poor job to boost morale and retain talent. 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. Explore company values, community, the relevance of the mission and moving on. 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. It is nice to work at Deutsche Bank. It offers flexibility and growth potential. Fast-paced, stressful, competitive - but very rewarding if you know how to make the best of that opportunity to learn as much as you can and network. Other Deutsche Bank Employee Reviews. I have worked for DB for over 10 years and if it wasn’t for a personal matter I would still be at DB. If you are lucky you will work under a decent management. They have quite the international footprint, you will get to work on/see deals across continents. Some pretty smart people there but also lots of people that have been there way too long. Poor management, a sink-or-swim culture has made it impossible to foster a good culture. 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 … How long does it take to get hired from start to finish at Deutsche Bank? 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 … The work is challenging as there are many deadlines and regulatory scrutiny. - Good place to work. Leider geht es immer weiter den Bach runter. Was this review helpful? Deutsche Bank used to be a proud bulge-bracket german bank, but it has since been stripped of that label. The systems/applications used within Deutsche Bank. Customize Interests. If you have the right manager who allow flexibility you can advance to other departments within the bank. Strong focus on the kind of person they hire. There are very few if any promotions every year. Great Place. 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. The opportunity to grow within the firm. I aw more respect / tolerance for the individual here than any of my other employers. Great Company to work for. Good employees are leaving on a monthly and sometimes weekly basis. 6.7k Reviews. Rating Score4.0. The work culture, the ethics, facilities for employees are among the best. Here For You During COVID-19 NEW! Poor management, a sink-or-swim culture has made it impossible to foster a good culture. Best Cities for Jobs 2020 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. understand the interests of other teams and business units so that you can gain their support, aggressive company culture but also bureaucratic. COMPANY. Despite heavy oversight and remediation due to regulatory matter and the fore shadowing of on-shoring , there was a great atmosphere and working relationships. Other Deutsche Bank Employee Reviews. 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. What is the dress code like at Deutsche Bank? If not, conniving self-serving top management is flourishing here. Good place to start a career, unfortunate mismanagement led to lay offs. As the employees deliver, management seems to always find a way to come short in order to compensate, embrace, promote, and keep high performers. Bookmark. Engaged Employer. Technik komplett veraltet. Support by management. Fun place & lot of Hard work goes together. Deutsche Bank is very proud of its brand and history. https://www.ivyexec.com/assets/build/professionals/img/common/ivy-logo.svg. REUTERS/Simon Dawson. From their point of view, it hurts their business to have you work from home. Deutsche Bank estimates the proportion of Americans who worked from home (WFH) during the pandemic surged to 56%. I truly enjoyed the friendships that I developed during my time at Deutsche Bank and there are some that still maintain. Although work itself can be interesting, there is unreasonable expectations of juniors and no mentorship / development. There was a great variety / diversity in this organization. Needs a more transparent functioning of Senior Management in driving a clear, objectively driven strategy unbiased of nationalities of the team members/teams. I believe Deutsche Bank is very good company based on my experience. The German lender is … 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 … Also, if you do not like the games that are played. Always an open door policy for any issues or concerns. What are the steps along t…. People take the time to explain things and ask questions that help others provide answers or where the question can be answered. Manager decides everything, no 360 degree reviews, political toxic culture. The company appears to be on the right track now to focus on its competitive advantage. Non inclusive and opaque process and decision from London office made morales low and did not serve our clients. While there is great work/life balance, compensation is very low and so is morale. We had been to lot of outings etc. ... Deutsche Bank. Account Settings; Sign In; For Employers. Why Blind; About Us; Blog; Careers; SUPPORT. Because Deutsche bank is Das Uber bank. What tips or advice would you give to someone interviewing at Deutsche Bank? 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. 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. Keine Förderungen. 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. You'll learn how bad you are without real work related arguments. I would recommend Deutsche Bank, as a place to go, if you need a job. Know your capabilities in doing and being innovative in your job thereby contributing to Banks objectives and mission.. Get weekly updates, new jobs, and reviews, The most useful review selected by Indeed. Rate your employer. 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") If you find a group you fit into, you will enjoy the long hours required of you at the junior level. Deutsche Bank is a good place to work, if you are ambitious you can work your way to management. Everyone acknowledges hard work and the relationships are good in terms of providing information and answering questions. Foundation for All Finance Careers "The sudden shift to … I would recommend Deutsche Bank, as a place to go, if you need a job. You must have a great memory and your communication skills have to great! Would suggest more flexibility in planning vacation. Engaged Employer. DB was going through a transformation period with constantly changing management and tasks. Good luck! I wish I were still there, unfortunately due to personal reasons I had to move out of state. Is Indeed your favorite place to learn about companies? ... My Company; #Polls; Browse by: Companies Keywords. Women are just props. I am proud to have worked at Deutsche Bank as it showed me what I wanted to be and were I needed to be professionally. You have to understand the policy and the deal transactions. Jobs; Company Reviews; Salaries; Interviews; Account Settings. Here For You During COVID-19 NEW! Company Overview FAQ. It is a place where things are well organised. Tell us about yours. Family. 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. I would definitely work there again but unfortunately my area has been on-shored to Jacksonville, FL. Do they employ foreign nationals at DB in NY? Everyone is treated with respect. Also, better communications with internal business partners. The work process. Share this content. 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. However, senior and mid-level managers are primarily vested in the bottom line and what is required out of them. People are friendly and will work with you to gain a better understanding of the company. The DB global CEO was not performing well which did affect the management of APAC business, but overall the firm is still good. 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. In his goal to win the “least-popular-idea-ever” award, Deutsche Bank Strategist Luke Templeman proposes that nations like the U.S. and Germany implement a work from home (WFH) tax so that the government can capture revenue it is missing as people work out of their houses and then redistribute the money to people, presumably lower-income, who mustRead More › 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 I get a chance to work at DB again I’d definitely do it. 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. How often do raises occur at Deutsche Bank? Ask a question about working or interviewing at Deutsche Bank. Overview Overview. 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. 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. Good pay because the attrition from this toxic environment is through the roof. work life balance in the perfect location. What you'd expect from an investment bank out of New York. Even if you devote, 1, 2, 3, 4, 5, etc, of your life to work with Deutsche Bank of still have to drink the cool-aid until. Company Reviews; Salaries; ... Other Deutsche Bank … Rating Score4.0. Most importantly lot of things depends on your job role and profile also, some have work life balance, some. 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 … Instead of vesting themselves in to promoting a culture that goes hand in hand with their mission and vision. Would study them carefully before committing to work for gain their SUPPORT aggressive! Ceo was not performing well which did affect the management of APAC business, but overall the firm still. Answering questions working for a company with a similar culture and dynamics and remediation to... What you 'd expect from an investment Bank out of New York group you fit into, you get! Hours do you work from home you 'll learn how bad you are lucky you will work with to! That I developed during my time at Deutsche Bank is very political a... Help each other and provide information that helps a person do their to! 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