A Bank In Decline - AVP - Technology Deutsche Bank Employee Review

2.0
31 Dec 2010
Recommend
CEO approval
Business outlook

Pros

Prestigious name to have on cv.

Cons

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

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5.0
20 Apr 2026
Recommend
CEO approval
Business outlook

Pros

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Cons

This job is not fully remote

1.0
31 May 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Location in NYC Class A building

Cons

Incompetent Senior Management in Investment Banking Untrustworthy, lack of purpose Dedication to DB does NOTHING For you They are discriminatory towards anyone over 55 +

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