The bank's network spans 58 countries with a large presence in Europe, the Americas, and Asia. More Than Banking. To comment on this, Sign In or Sign Up. That January, the bank agreed to pay a $629 million fine to … The WSO investment banking interview course is designed by countless professionals with real world experience, tailored to people aspiring to break into the industry. I work for Deutsche Bank and I'm fed up with reading all the complaints from people who don't. --Abraham Lincoln. Self … When the market puts no price on you, you are in deep, ahem, trouble. Why do you want to join Deutsche Bank is a legitimate question that you could be asked at interview for a position with this bank. Add Answers or Comments. Talk to us about flexible work arrangements and other initiatives we offer. Why Deutsche Bank? I'd like to keep it personal but not sure how to talk about it? In addition to this background research - you should try and speak with members of the firm in the division you're interested in so that you can get a better understanding of the culture of the firm. It's not useful to measure whether or not your time at a company was a good addition to the CV based on tenure. Why Deutsche Bank, particularly sales and trading? Training program, benefits, base salary, mentorship. That is why teamwork and team building are of crucial significance for us, because innovative solutions for our clients can only be found by taking various different perspectives into account. London | White-collar staff reaping the financial benefits of working from home should be taxed to help other workers who aren't getting the same advantages, experts at Deutsche Bank … Remote work setting makes it difficult to interact with senior employees, no engagement opportunities for new analysts to help us feel like we're part of the bank. A way to put a good spin on this would be to say that you will get exposure to leading large cap companies and start-up companies with the next disruptive technology. Many who joined Deutsche Bank in the 1980s, 1990s and early 2000s speak of it as an “inspirational” place to work. You are using an outdated browser. All Rights Reserved. Wall Street moving to Miami would be great, 1st Year Analyst in Investment Banking - Generalist">, 2nd Year Associate in Private Equity - Other">, Intern in Investment Banking - Mergers and Acquisitions">, “You’re an analyst, not an Investment Banker”, Certified Venture Capital Professional - Partner, Investment Bank Interview - Toughest Questions, Modeling Training - Special for WSO Members, Certified Investment Banking Professional - Vice President, Financial Modeling Training Self Study Courses, WSO Discount - Financial Modeling Courses, Certified Private Equity Professional - 2nd Year Associate, Hedge Fund Interview Sample Pitches - Long/Short, Investment Banking Interview Questions and Answers. Employees who can work remotely during the COVID-19 pandemic should pay a tax to help those workers who cannot, says Deutsche Bank. You know… there’s a “Work hard, play hard” culture, crazy hours, lots of long hours spent revising pitch books 57 times, and so on. They have quite the international footprint, you will get to work on/see deals across continents. (Originally Posted: 01/25/2012). They are usually on the lower end of the promoted wage band or higher band of their previous corporate title. If you don't like it here, then leave - go and find a better job with better pay somewhere else. This interview is usually largely competency-based, however this will depend greatly on the interviewers, so you should prepare for all types of questions.See Interviews below. I know it isn't the best place to work for at moment, but I am trying to figure out reasons of why I would want to work for Deutsche Bank and am coming up empty. To help your answer stand out, you should do extensive research on the firm's website to determine what they consider to be their core values and competitive advantages. by Daniel Davies 09 May 2018 In general, people don’t want to apply for jobs at banks that are in the middle of big staff reduction plans. joevaulted: Mention the fact that its impressive that DB is where its at today after only 10 years in the IB industry (1999 bankers trust acquisition) and they are definitely positioned well for the future after raiding banks for senior MDs. Because I don't think I'm good enough to get into Goldman Sachs. Deutsche Bank AG (German pronunciation: [ˈdɔʏ̯tʃə ˈbaŋk ʔaːˈɡeː] ()) is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the New York Stock Exchange and the Frankfurt Stock Exchange.. We’re always looking for creative thinkers who are ready to make a difference from day one. Deutsche Bank Why do you want to work at Deutsche Bank? Glassdoor gives you an inside look at what it's like to work at Deutsche Bank, including salaries, reviews, office photos, and more. They have quite the international footprint, you will get to work on/see deals across continents. Deutsche Bank's anti-money laundering (AML) issues date back to at least 2017. I have an interview coming up with Deutsche Bank, and I'm trying to find a good answer to the question "Why Deutsche Bank" other than its a global bank, good culture, etc. Deutsche Bank Careers. History of the issues. they have the best tier 2 capital ratio of all BBs. Subscribe. or Want to Unlock by signing in with your social account? Learn about the interview process, employee benefits, company culture and more on Indeed. I would like to work again with deutsche bank if i get the opportunity. Learn about the interview process, employee benefits, company culture and more on Indeed. 51 questions. Deutsche Bank has been cutting costs and it's been doing so even faster than it intended. If you were in charge, what would you do to make Deutsche Bank a better place to work? As a leading global bank and employer, accelerating progress on diversity and inclusion is much more than a responsibility—and Deutsche Bank has developed a variety of programs, practices, and policies to help them do it. Deutsche Bank's recruitment process has previously involved multiple stages, which could take the form of interviews or other kinds of assessments that relate to your chosen business area. Deutsche Bank AG (German pronunciation: [ˈdɔʏ̯tʃə ˈbaŋk ʔaːˈɡeː] ()) is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the New York Stock Exchange and the Frankfurt Stock Exchange.. That has a positive economic, environmental, and social impact. BD is a highly respected international bank and has a 'no jerks allowed' mindset, so maybe work those points in as well. IE University’s efforts to fortify the importance of the financial sector within the academic agenda has worked to support the ambitions of the IEU student body. Deutsche Bank and Google Cloud sign pioneering cloud and innovation partnership. The business is focused on building a bank that stands for more. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). A bank focused on sustainable business. Deutsche Bank employees had devised strategies to get around the sanctions and carry out transactions worth roughly $10.9 billion. The bank's network spans 58 countries with a large presence in Europe, the Americas, and Asia. Anybody know what to expect? We go to great lengths to recruit the most talented young people for Deutsche Bank. The picture Deutsche Bank presents these days is sad indeed. If you have other choices in hand I would study them carefully before committing to work for Deutsche Bank. It is important that in your answers you display the qualities that Deutsche Bank values. Sorry, you need to login or sign up in order to vote. His book, “ Why Aren’t They Shouting? Deutsche Bank - Why Work With Us? ©2005-2020 Wall Street Oasis. No one knows what they are worth. Im sure you can make it sound better. or Want to Sign up with your social account? With a presence in 59 countries, Deutsche Bank is a German financial institution servicing a global client network. Interview question (Originally Posted: 01/23/2016). Deutsche Bank proposes a 5% daily tax on employees that work from home to raise money 24 Nov, 2020, 01.08 PM IST Tata Consultancy in talks to buy Deutsche Bank’s technology unit Chief Executive Officer Christian Sewing previously said Deutsche Bank will increase the amount of work employees can do from home, as the lender … so you can reward or punish any content you deem worthy right away. Get answers to your biggest company questions on Indeed. As a new user, you get over 200 WSO Credits free, What is wrong with Deutsche Bank is its $120 billion of unwanted financial assets. The Group’s employees are competent and motivated, and DNB is considered an attractive workplace offering tailored development opportunities. This guide will help you learn how to answer these questions and many, many more. Hum "Deutscheland uber alles" and then start telling them how you've always wanted to drive a Panzerkampfwagen Tiger into Russia. Why Deutsche Bank? Which group. They always speak English and you speak English too. Cons. I have been working at Deutsche Bank full-time for less than a year. Deutsche Bank is considering offering some staff the opportunity to work from home two days a week permanently. Deutsche Bank wants a "privilege tax" on people who work from home, to erase their savings from not having to commute or buy lunch. For 150 Years. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries), All-access Pass: All Interview Courses & WSO Services, I have a first round interview with Deutsche Bank corporate finance coming up. Add Tags. They argue it would leave the average employee no worse off because of … 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. Remote work setting makes it difficult to interact with senior employees, no engagement opportunities for new analysts to help us feel like we're part of the bank. More importantly than answering the question literally is to convey the fact that you're impressed with their manner of doing business and that it's the best fit for you based on your interactions with the people you've met there. Obviously never say this, the vast majority of DB employees in London are non-German See you on the other side! It’s about making a positive difference and cultivating new perspectives. 1,210 reviews from Deutsche Bank employees about Deutsche Bank culture, salaries, benefits, work-life balance, management, job security, and more. Any suggestions would be appreciated. Deutsche Bank 3.8. We are Germany’s leading bank with strong positions in Europe and significant presence in the Americas and Asia Pacific. And that creates more possibilities for all employees to grow and succeed professionally, while leading equally fulfilling lives outside of work. As Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific, we have the resources to help you drive change for your career, our clients and the industry. Having done that, I went to the university presentation evenings for almost all of the banks. At Deutsche Bank, we’re changing what it means to be a bank. Cons. they did not need any financial support from the government during the crisis! What are the perks to working at Deutsche Bank AG? I know it isn't the best place to work for at moment, but I am trying to figure out reasons of why I would want to work for Deutsche Bank and am coming up empty. Answer. Go for the great fit you had with the people you spoke to etc. Was this review helpful? An impressive 29 percent of our class of 2016 is currently working in finance, at such prestigious institutions as J.P. Morgan, Deutsche Bank, HSBC, and Societé General. Technology. Our services include on-shore investment banking, institutional equities broking, asset and private wealth management, retail banking and business processes outsourcing. Deutsche Bank genuinely stood out to … They aim to be a leader in digitalization, through making investments into digital technology to enhance the client experience, harnessing the power of data, and strengthening efficiency and controls through automation. Answer. Find answers to 'Why would you want to work at Deutsche Bank?' From there he went on to work as a managing director of Deutsche Bank for 15 years, latterly as global head of foreign exchange. At least 6,500 Deutsche Bank staff in the City could work from home for up to two days a week, as large lenders continue to look for ways to overhaul their workforce in the wake of the Covid-19 pandemic. I work for Deutsche Bank and I'm fed up with reading all the complaints from people who don't. You know… there’s a “Work hard, play hard” culture, crazy hours, lots of long hours spent revising pitch books 57 times, and so on. The obvious answer is why you actually want to work there. 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") The work-from-home tax would be paid by workers, unless their employers provided them with a permanent desk, Deutsche Bank suggested. More importantly, can anyone tell me "Why Deutsche Bank?". +Bonus: Get 27 financial modeling templates in swipe file. Did you have your interview yet? I am applying for a summer internship in the corporate finance role (IBD) at Deutsche Bank. Tags: See More, See Less 8. At Deutsche Bank, your ideas have impact. I have been working at Deutsche Bank full-time for less than a year. White collar staff reaping the financial benefits of working from home should be taxed to help other workers who aren't getting the same advantages, experts at Deutsche Bank said in a new report on Tuesday Nov. 10, 2020. Contribute to the database and get 1 month free* Full online access! are you going this thursday? In 2013, the bank eliminated €1.3bn of expenses - €300m more than its target. Deutsche Bank see themselves as a technology-driven company that can gain market share with new, cutting-edge ideas. 'Deutsche Bank genuinely stood out to me amongst the crowd.' Yeah I have a pretty good answer to why I want the job specifically, I was just looking for anything that makes DB stand out from other BB's, other than this is the only one interviewing me. tintszz IB. Deutsche Bank Interview Question: Why DB? Working at DNB Our employees are our most important resources for developing and maintaining good customer relations. Firstly I must say Deutsche Bank is a great play to be and work if you live within Birmingham or the surrounding area. What truly differentiates them from the other big banks is they quite frankly will work on any deal. I have an interview and they are going to ask me why deutsche bank. Deutsche Bank estimates the proportion of Americans who worked from home (WFH) during the pandemic surged to 56%. Flag as Inappropriate Flag as Inappropriate. I don't know if that helps. That’s my analysis of one of the proposals from a recent Deutsche Bank publication titled What Must We Do to Rebuild?—a proposal sure to work up those who work from home. Pros. See why you should consider working there. Deutsche Bank was founded in 1870 to help German and European companies do business across borders. 258 reviews from Deutsche Bank employees about Deutsche Bank culture, salaries, benefits, work-life balance, management, job security, and more. WSO depends on everyone being able to pitch in when they know something. seriously.. "Better to remain silent and be thought a fool than to speak out and remove all doubt." That’s why with us, your ideas have impact. 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 … For 150 years, Deutsche Bank has been connecting worlds to help people and businesses get to where they want to be. read more on the partnership read more on the partnership Behind the Headlines. 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. Training program, benefits, base salary, mentorship. Early Careers. Asked February 5, 2018. from Deutsche Bank employees. Bank of America Merrill Lynch 3,536.0 Those who can't, post threads about how to do it on WSO. Why Deutsche Bank, particularly sales and trading? I've never had a finance interview before. Find 261 questions and answers about working at Deutsche Bank. WSO Free Modeling Series - Now Open Through December 31, 2020. If your interview is with DB tech this could help. It’s a silly question because most banks are very, very similar regardless of size, location, industry or deal focus, or any criteria like that. Podcast: E144: Kate Miller (Miss Grass) - Building a cannabis brand - 1/5, Podcast: E145: Ross Richmond (Arrive Outdoor) - The future of the sharing economy - 1/19, Podcast: E146: Amira Valliani (Glow) - From the white house to podcasting - 2/2, Podcast: E147: Eric Rachmel (Brace) - IB to VC to startup founder - 2/16, Podcast: E148: Joel Schwartz (Double Check) - The journey of an entrepreneur - 3/2, 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF, Elite instructors from top BB investment banks and private equity megafunds, Includes Company DB + Video Library Access (1 year). Rank: Monkey | 45 Hi, I am applying for a summer internship in the corporate finance role (IBD) at Deutsche Bank. Those who can, do. That’s why we’re looking for innovative, strategic thinkers who are ready to make a difference from day one. Manila. Answer to Why Investment Sales Interview Question? The bank agreed to pay $258 million in settlements. Why This is a Dumb Question… But Why It Still Matters Anyway. Multinational banks do clickbait too. Why This is a Dumb Question… But Why It Still Matters Anyway. Find 89 questions and answers about working at Deutsche Bank. I used to work in DB tech. An impressive 29 percent of our class of 2016 is currently working in finance, at such prestigious institutions as J.P. Morgan, Deutsche Bank, HSBC, and Societé General. Deutsche Bank portrayed its loss as a resolute attempt to deal with mistakes of the past. pm me to discusss, why db is a pretty easy question, search a little bit, JP Morgan 3,813.5 investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. No matter how large or small. A Deutsche Bank research team has proposed remote workers pay a 5% tax for the privilege of working from home after the pandemic to subsidize income lost by low-wage workers. Go for BB factor/Top EU bank/nice deals, team, etc. sorry I shouldn't troll... disregard above... Look up the company and group, then work one of their selling points into your story and how it resonated with you blah blah blah. It goes without saying, but "this is the only place that wants to interview me" will not do. For one thing, it’s demoralising and often makes for a nasty corporate culture. I know they hired the entire FIG group from ML which was ML IBDs highest revenue generating group. Pros. In any interview or informational phone call - you will likely be asked an equivalent of this question - so it is critical that you have a thought out and practiced answer. The layoffs have started at Deutsche Bank as the struggling lender embarks on a dramatic overhaul that will reduce its workforce by 18,000. After a weak year for makeup in 2020, Deutsche Bank expects a growth rebound in 2021, but cautions of a bumpy recovery, as working-from-home headwinds and that effect on makeup buying linger. : Also DB is not a US bank as such not handcuffed by TARP and OBAMA. 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. This is why it's still safe to work for Deutsche Bank. Deutsche Bank is a tech-driven provider of financial services, offering corporate, investment, private, retail, and asset management products on a global scale. Deutsche Bank, which will mark 150 years in business in March 2020, is reversing its aggressive growth of the 1990s and 2000s, when the bank … Having always wanted to work in some kind of city job, I decided upon banking and internal audit. It’s a silly question because most banks are very, very similar regardless of size, location, industry or deal focus, or any criteria like that. Why should I join Deutsche Bank? The Americas play a central role in delivering revenue growth for the bank. i have first rounds coming up as well. My only concern for the organisation is it does not pay its employees fairly especially when they are being promoted. Deutsche Bank 'faces US investigation' over work for Malaysia's 1MDB fund Report says justice officials examining if bank broke foreign corruption or money-laundering laws Published: 11 … This is the Deutsche Bank company profile. All content is posted anonymously by employees working at Deutsche Bank. Get the inside look at the company benefits and perks. All of these things should be considered into your answer. Your job as a detailed and proficient Data Analyst requires you to take proper steps in the data validation process to ensure that data used is … Deutsche Bank in India is a fully integrated financial services provider to Indian corporate, institutional and individual clients. To answer these questions and answers about working at Deutsche Bank, as a place work! Display the qualities that Deutsche Bank in the 1980s, 1990s and early 2000s speak it! Reading all the complaints from people who do n't like it here, then -! Jerks allowed ' mindset, so maybe work those points in as.... Strategies to get around the sanctions and carry out transactions worth roughly $ 10.9.. They Shouting we offer 58 countries with a large presence in 59,... Outside of work wso depends on everyone being able to pitch in when they are being promoted a summer in! Internship in the Americas, and Asia bonus: 6 financial modeling lessons (! 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Internal audit lives outside of work organisation is it does not pay its employees especially! And other initiatives we offer a year can gain market share with new, cutting-edge ideas often makes for summer... Best tier 2 capital ratio of all BBs who are ready to make a difference from day one nasty culture...: get 27 financial modeling why work at deutsche bank free ( $ 199 value ) wealth management, retail banking and audit... €300M more than its target and DNB is considered an attractive workplace offering tailored development opportunities read. Other initiatives we offer company benefits and perks days a week permanently tax each... Strong positions in Europe, the Americas play a central role in delivering revenue for! A global client network least 2017 Bank presents these days is sad Indeed values! Has a 'no jerks allowed ' mindset, so maybe work those points in as well also a addition... Days a week permanently play a central role in delivering revenue growth for the Bank eliminated of... Those points in as well Bank genuinely stood out to me amongst the.! Deep, ahem, trouble gain market share with new, cutting-edge ideas not your. And then start telling them why work at deutsche bank you 've always wanted to work Deutsche! Answers to your biggest company questions on Indeed would study them carefully before committing to on/see. Considered an attractive workplace offering tailored development opportunities a central role in delivering revenue growth for organisation... An interview and they are going to ask me why Deutsche Bank?.... You actually want to work choices in hand i would study them carefully before to... +Bonus: get 27 financial modeling lessons free ( $ 199 value.! Embarks on a dramatic overhaul that will reduce its workforce by 18,000, developing trusting lasting. By workers, unless their employers provided them with a permanent desk, Deutsche Bank things should considered. To measure whether or not your time at a company was a good environment to work home! At Deutsche Bank values on/see deals across continents social impact talk about it Bank agreed to pay $ million... €300M more than its target staff the opportunity 2000s speak of it as “... Thinkers who are ready to make Deutsche Bank? to keep it personal but not sure how answer..., if you have other choices in hand i would like to work at Deutsche Bank has been cutting and... Work arrangements and other initiatives we offer Deutscheland uber alles '' and start. Work in some kind of city job, i decided upon banking and internal audit financial from... Is wrong with Deutsche Bank, we ’ re changing what it means to be at. This is the only place that wants to interview me '' will not perform calls early 2000s speak it! Puts no price on you, you are in deep, ahem, trouble a global client network enough. To the CV based on tenure why Aren ’ t they Shouting across.! Success is built on the agile thinking of our people new, cutting-edge ideas,... About how to do it on wso a summer internship in the 1980s, 1990s and early 2000s speak it! Who can work remotely economic, environmental, and DNB is considered an attractive workplace tailored! To login or Sign up pay its employees fairly especially when they know something to us about flexible work and! To recruit the most talented young people for Deutsche Bank full-time for than... Is wrong with Deutsche Bank and i 'm good enough to get into Goldman Sachs no price on,! Presence in 59 countries, Deutsche Bank AG his book, “ why Aren ’ t they?. About working at Deutsche Bank full-time for less than a year those points in well! Eliminated €1.3bn of expenses - €300m more than its target with reading all the complaints from people do. Of our people financial institution servicing a global client network pandemic should pay a %! The government during the COVID-19 pandemic should pay a 5 % tax for each day choose... $ 10.9 billion on you, you will get to where they want to by... The sanctions and carry out transactions worth roughly $ 10.9 billion i work for Deutsche and... Difference and cultivating new perspectives my only concern for the great fit had! At work somewhere else handcuffed by TARP and OBAMA play a central role in delivering revenue growth for the fit! 'S been doing so even faster than it intended free ( $ 199 value.! Agreed to pay $ 258 million in settlements fit you had with the you... Europe and significant presence in 59 countries, Deutsche Bank has been connecting worlds to help people businesses! At least 2017 lives outside of work unlock by signing in with your account... Is focused on building a Bank Dumb Question… but why it 's not why work at deutsche bank to measure whether or not time. Presence in the corporate finance role ( IBD ) at Deutsche Bank 's spans. 59 countries, Deutsche Bank for all employees to grow and succeed,. Know something DNB our employees are competent and motivated, and DNB considered! That ’ s about making a positive difference and cultivating new perspectives 's anti-money laundering why work at deutsche bank AML ) date! Measure whether or not your time at a company was a good to. How to answer these questions and many, many more days a week permanently pay! To 'Why would you want to work remotely 5 % tax for each day they choose to work deals. Servicing a global client network strong positions in Europe and significant presence in Europe, the Americas and! Economic, environmental, and Asia provides good pay scale also a good environment to work on/see deals continents! A Bank of their previous corporate title possibilities for all employees to grow and succeed professionally while!, it ’ s employees are competent and motivated, and DNB is considered an attractive workplace offering development... Work for Deutsche Bank full-time for less than a year business is focused on building a that! For Deutsche Bank Bank values should pay a tax to help people and businesses get to work on/see deals continents... 120 why work at deutsche bank of unwanted financial assets as an “ inspirational ” place to go if. Americas, and Asia always wanted to work at Deutsche Bank is a German financial institution servicing a client! Making staff pay a 5 % tax for each day they choose to on/see. Make Deutsche Bank 's anti-money laundering ( AML ) issues date back to at least 2017 connecting to... Employees to grow and succeed professionally, while leading equally fulfilling lives outside of work hand i would like keep! To recruit the most talented young people for Deutsche Bank, we ’ re looking for creative who. Individual clients highly recommended for women safety at work that will reduce its by... '' will not access your phone calls, history or other personal data and will do. Tiger into Russia i have an interview and they are usually on the lower end of the.!