Deutsche Bank reviews

No reward for working hard Promotions are granted based on tenure, not work ethic and results You are not paid what college graduates should be paid. Operations is for those who gave up on real investment banking

From an IT perspective, 5+ years ago Deutsche was a great bank hiring the best people. Most of the good people have since left, leaving behind the dead wood. Why? - no longer pays top money - bureaucratic organisation makes it hard to get things done - creativity and innovation are stifled - jumps on the nearest bandwagon but is always behind the curve, never leading - too focused on cost cutting, and often in the wrong places - too many layers of ineffective management - decision makers sit in ivory towers and do not engage with the troops until after decisions have been made - cronyism - lack of 360 reviews resulting in poor quality management team - replacing good quality, experienced on-shore staff with cheaper off-shore staff - poor quality IT systems