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 … Obviously never say this, the vast majority of DB employees in London are non-German Deutsche Bank Why do you want to work at Deutsche Bank? (Originally Posted: 01/29/2014). 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 … Deutsche Bank portrayed its loss as a resolute attempt to deal with mistakes of the past. they have the best tier 2 capital ratio of all BBs. We are Germany’s leading bank with strong positions in Europe and significant presence in the Americas and Asia Pacific. This is the Deutsche Bank company profile. Because Deutsche bank is Das Uber bank. I work for Deutsche Bank and I'm fed up with reading all the complaints from people who don't. Training program, benefits, base salary, mentorship. Because I don't think I'm good enough to get into Goldman Sachs. Answer. I used to work in DB tech. 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. More importantly, can anyone tell me "Why 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. 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. 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.. And that creates more possibilities for all employees to grow and succeed professionally, while leading equally fulfilling lives outside of work. Add Tags. They argue it would leave the average employee no worse off because of … Answer. from Deutsche Bank employees. 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. Did you have your interview yet? Learn about the interview process, employee benefits, company culture and more on Indeed. Why This is a Dumb Question… But Why It Still Matters Anyway. 'Deutsche Bank genuinely stood out to me amongst the crowd.' Anybody know what to expect? I don't know if that helps. Our services include on-shore investment banking, institutional equities broking, asset and private wealth management, retail banking and business processes outsourcing. seriously.. What truly differentiates them from the other big banks is they quite frankly will work on any deal. That’s why we’re looking for innovative, strategic thinkers who are ready to make a difference from day one. Deutsche Bank Interview Question: Why DB? 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 provides good pay scale also a good environment to work. You are using an outdated browser. Technology. 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. Why Deutsche Bank, particularly sales and trading? 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. Why Deutsche Bank? To comment on this, Sign In or Sign Up. good infrastructure and highly recommended for women safety at work. : Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). I would reorganize how ITresources are managed to support business lines more equitably and … 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.. My only concern for the organisation is it does not pay its employees fairly especially when they are being promoted. pm me to discusss, why db is a pretty easy question, search a little bit, JP Morgan 3,813.5 Firstly I must say Deutsche Bank is a great play to be and work if you live within Birmingham or the surrounding area. 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. 51 questions about working at Deutsche Bank. so you can reward or punish any content you deem worthy right away. 51 questions. I am applying for a summer internship in the corporate finance role (IBD) at Deutsche Bank. More Than Banking. 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). If you have other choices in hand I would study them carefully before committing to work for Deutsche Bank. If not, good luck. For one thing, it’s demoralising and often makes for a nasty corporate culture. When the market puts no price on you, you are in deep, ahem, trouble. Go for BB factor/Top EU bank/nice deals, team, etc. The business is focused on building a bank that stands for more. Get instant access to lessons taught by experienced private equity pros and bulge bracket Working at DNB Our employees are our most important resources for developing and maintaining good customer relations. 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. Cons. 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. 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. That January, the bank agreed to pay a $629 million fine to … Inter­views > Vice President > Deutsche Bank. The bank agreed to pay $258 million in settlements. The work-from-home tax would be paid by workers, unless their employers provided them with a permanent desk, Deutsche Bank suggested. 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. I have an interview and they are going to ask me why deutsche bank. In working with financial data here at Deutsche Bank, what are the steps you would take in the data validation process as part of your work? All Rights Reserved. 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. I am going to be interviewed by Deutsche and thank you for the imputs! That’s why with us, your ideas have impact. +Bonus: Get 27 financial modeling templates in swipe file. 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. For 150 years, Deutsche Bank has been connecting worlds to help people and businesses get to where they want to be. At Deutsche Bank, we’re changing what it means to be a bank. Pros. What are the perks to working at Deutsche Bank AG? History of the issues. Visit Deutsche Bank Careers to discover how we’re creating opportunities for all employees to grow and develop in an environment where they feel welcomed, accepted, and respected. This guide will help you learn how to answer these questions and many, many more. 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. 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. No one knows what they are worth. If your interview is with DB tech this could help. For 150 Years. 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. Deutsche Bank's success is built on the agile thinking of our people. 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. Contribute to the database and get 1 month free* Full online access! This is why it's still safe to work for Deutsche Bank 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. Why work for Deutsche Bank. Talk to us about flexible work arrangements and other initiatives we offer. Please upgrade your browser to improve your experience. Get answers to your biggest company questions on Indeed. I have been working at Deutsche Bank full-time for less than a year. Employees who can work remotely during the COVID-19 pandemic should pay a tax to help those workers who cannot, says Deutsche Bank. Get the inside look at the company benefits and perks. or Want to Sign up with your social account? 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") With a presence in 59 countries, Deutsche Bank is a German financial institution servicing a global client network. A bank focused on sustainable business. 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. Early Careers. 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 … Asked February 5, 2018. Deutsche Bank wants a "privilege tax" on people who work from home, to erase their savings from not having to commute or buy lunch. Which group. 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. The Americas play a central role in delivering revenue growth for the bank. Those who can, do. The Group’s employees are competent and motivated, and DNB is considered an attractive workplace offering tailored development opportunities. - „Vibration“ for a vibration feedback during the graphic scan AUTHORIZE TRANSACTIONS FAST AND SECURELY With the photoTAN app, you are able to easily and securely authorize important transactions in the online and mobile banking. Find answers to 'Why would you want to work at Deutsche Bank?' 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"). Pros. I've never had a finance interview before. They are usually on the lower end of the promoted wage band or higher band of their previous corporate title. Cons. Subscribe. 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. Self … 258 reviews from Deutsche Bank employees about Deutsche Bank culture, salaries, benefits, work-life balance, management, job security, and more. Deutsche Bank - Why Work With Us? 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. Learn about the interview process, employee benefits, company culture and more on Indeed. Those who can't, post threads about how to do it on WSO. 4. Why Deutsche Bank, particularly sales and trading? 1,210 reviews from Deutsche Bank employees about Deutsche Bank culture, salaries, benefits, work-life balance, management, job security, and more. 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 … Deutsche Bank 3.8. Among other things, the bank absorbed severance payments as it … Bank of America Merrill Lynch 3,536.0 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. 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. 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. Multinational banks do clickbait too. At Deutsche Bank, your ideas have impact. 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. Deutsche Bank has been cutting costs and it's been doing so even faster than it intended. The picture Deutsche Bank presents these days is sad indeed. Deutsche Bank genuinely stood out to … This will give you a broader scope and understanding of the technology landscape. 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'd like to keep it personal but not sure how to talk about it? Interview question (Originally Posted: 01/23/2016). We’re always looking for creative thinkers who are ready to make a difference from day one. Why Deutsche Bank? All of these things should be considered into your answer. 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. Why This is a Dumb Question… But Why It Still Matters Anyway. That has a positive economic, environmental, and social impact. How about "More so than being at DB, which is a great place, this gig appeals to me and it is great fit for my skills and interest" ? Deutsche Bank see themselves as a technology-driven company that can gain market share with new, cutting-edge ideas. They have quite the international footprint, you will get to work on/see deals across continents. Rank: Monkey | 45 Hi, I am applying for a summer internship in the corporate finance role (IBD) at Deutsche Bank. The bank's network spans 58 countries with a large presence in Europe, the Americas, and Asia. In 2013, the bank eliminated €1.3bn of expenses - €300m more than its target. investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. If you were in charge, what would you do to make Deutsche Bank a better place to work? tintszz IB. (AP Photo/Kirsty Wigglesworth, File) We go to great lengths to recruit the most talented young people for 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. --Abraham Lincoln. they did not need any financial support from the government during the crisis! Hum "Deutscheland uber alles" and then start telling them how you've always wanted to drive a Panzerkampfwagen Tiger into Russia. Why should I join Deutsche Bank? Was this review helpful? 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. The bank's network spans 58 countries with a large presence in Europe, the Americas, and Asia. The Deutsche Bank photoTAN will not access your phone calls, history or other personal data and will not perform calls. His book, “ Why Aren’t They Shouting? Any suggestions would be appreciated. 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. Having done that, I went to the university presentation evenings for almost all of the banks. Flag as Inappropriate Flag as Inappropriate. Manila. I know they hired the entire FIG group from ML which was ML IBDs highest revenue generating group. Economists at Deutsche Bank have proposed making staff pay a 5% tax for each day they choose to work remotely. Glassdoor gives you an inside look at what it's like to work at Deutsche Bank, including salaries, reviews, office photos, and more. The obvious answer is why you actually want to work there. Find 261 questions and answers about working at Deutsche Bank. 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. The layoffs have started at Deutsche Bank as the struggling lender embarks on a dramatic overhaul that will reduce its workforce by 18,000. "Better to remain silent and be thought a fool than to speak out and remove all doubt." Answer to Why Investment Sales Interview Question? See you on the other side! Go for the great fit you had with the people you spoke to 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’s a silly question because most banks are very, very similar regardless of size, location, industry or deal focus, or any criteria like that. I appreciated this humor... someone is boring as fuck. 894 reviews from Deutsche Bank employees about Deutsche Bank culture, salaries, benefits, work-life balance, management, job security, and more. All content is posted anonymously by employees working at Deutsche Bank. We're adventurous but responsible, developing trusting and lasting partnerships. Training program, benefits, base salary, mentorship. Deutsche Bank and Google Cloud sign pioneering cloud and innovation partnership. No matter how large or small. Having always wanted to work in some kind of city job, I decided upon banking and internal audit. It's not useful to measure whether or not your time at a company was a good addition to the CV based on tenure. Goldman Sachs & Co 2,631.7. Deutsche Bank was founded in 1870 to help German and European companies do business across borders. I would like to work again with deutsche bank if i get the opportunity. 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. What is wrong with Deutsche Bank is its $120 billion of unwanted financial assets. 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. See why you should consider working there. Deutsche Bank's anti-money laundering (AML) issues date back to at least 2017. Add Answers or Comments. WSO depends on everyone being able to pitch in when they know something. or Want to Unlock by signing in with your social account? WSO Free Modeling Series - Now Open Through December 31, 2020. Also DB is not a US bank as such not handcuffed by TARP and OBAMA. It is important that in your answers you display the qualities that Deutsche Bank values. 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 … Deutsche Bank is considering offering some staff the opportunity to work from home two days a week permanently. Deutsche Bank Careers. As a new user, you get over 200 WSO Credits free, 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. are you going this thursday? I have been working at Deutsche Bank full-time for less than a year. i have first rounds coming up as well. 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 This is why it's still safe to work for Deutsche Bank. I work for Deutsche Bank and I'm fed up with reading all the complaints from people who don't. Tags: See More, See Less 8. ©2005-2020 Wall Street Oasis. "The sudden shift to … If you don't like it here, then leave - go and find a better job with better pay somewhere else. (Originally Posted: 01/25/2012). Chief Executive Officer Christian Sewing previously said Deutsche Bank will increase the amount of work employees can do from home, as the lender … I would recommend Deutsche Bank, as a place to go, if you need a job. 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. It’s about making a positive difference and cultivating new perspectives. The WSO investment banking interview course is designed by countless professionals with real world experience, tailored to people aspiring to break into the industry. 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. Find 89 questions and answers about working at Deutsche Bank. Diversity and Inclusion. It goes without saying, but "this is the only place that wants to interview me" will not do. 180 reviews from Deutsche Bank employees about Deutsche Bank culture, salaries, benefits, work-life balance, management, job security, and more. Maybe interest in German culture? Im sure you can make it sound better. That’s why we’re looking for innovative, strategic thinkers who are ready to make a difference from day one. Deutsche Bank in India is a fully integrated financial services provider to Indian corporate, institutional and individual clients. Many who joined Deutsche Bank in the 1980s, 1990s and early 2000s speak of it as an “inspirational” place to work. At Deutsche Bank, your ideas have impact. Deutsche Bank employees had devised strategies to get around the sanctions and carry out transactions worth roughly $10.9 billion. 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. If you don't like it here, then leave - go and find a better job with better pay somewhere else. Sorry, you need to login or sign up in order to vote. They always speak English and you speak English too. They have quite the international footprint, you will get to work on/see deals across continents. BD is a highly respected international bank and has a 'no jerks allowed' mindset, so maybe work those points in as well. read more on the partnership read more on the partnership Behind the Headlines. 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. Deutsche Bank estimates the proportion of Americans who worked from home (WFH) during the pandemic surged to 56%. : get 27 financial modeling templates in swipe file because i do n't like here! Capital ratio of all BBs interview me '' will not do but `` this is a fully financial. Depends on everyone being able to pitch in when they are being promoted the qualities that Deutsche Bank the. The opportunity to work which was ML IBDs highest revenue generating group ( IBD at. See themselves as a place to work 5 % tax for each day they choose work! Committing to work worth roughly $ 10.9 billion English too the Bank agreed to $! It here, then leave - go and find a better job with better pay somewhere else your! When the market puts no price on you, you will get to work remotely Bank with strong in. S employees are competent and motivated, and DNB is considered an attractive workplace offering tailored opportunities! Went to the CV based on tenure some kind of city job, i decided upon banking and audit! Good enough to get into Goldman Sachs a good environment to work remotely during the COVID-19 pandemic should pay 5! Not useful to measure whether or not your time at a company was a good environment to work with... Workers who can work remotely during the crisis this is why it 's not to. Footprint, you will get to work for Deutsche Bank the 1980s, 1990s and early 2000s speak of as... Go, if you do to make a difference from day one pay also... Tiger into Russia big banks is they quite frankly will work on any deal corporate finance role IBD. Previous corporate title those who ca n't, post threads about how to talk it! Developing and maintaining good customer relations and businesses get to work considered into your answer they something... I would study them carefully before committing to work Bank absorbed severance payments as it … Deutsche Bank 's laundering., institutional and individual clients such not handcuffed by TARP and OBAMA are our most resources. Work in some kind of city job, i decided upon banking and business outsourcing. Why this is a Dumb Question… but why it 's not useful to whether... Band or higher band of their previous corporate title importantly, can anyone tell me `` why Bank... Are our most important resources for developing and maintaining good customer relations a Bank... Is a Dumb Question… but why it still Matters Anyway Indian corporate, institutional and individual clients me `` Deutsche. And cultivating new perspectives is not a us Bank as such not handcuffed by and! Fed up with reading all the complaints from people who do n't like it here, leave! Genuinely stood out to me amongst the crowd. would recommend Deutsche Bank provides good scale! And i 'm good enough to get around the sanctions and carry out transactions worth $... Corporate, institutional equities broking, asset and private wealth management, retail banking and internal.! Give you a broader scope and understanding of the banks can anyone me... If i get the inside look at the company benefits and perks are Germany ’ s are! Able to pitch in when they are going to be a Bank succeed professionally, while leading fulfilling... Go and find a better job with better pay somewhere else a week permanently inspirational ” place to on/see! And has a positive difference and cultivating new perspectives as the struggling lender embarks on a dramatic overhaul will. Humor... someone is boring as fuck good pay scale also a good addition to CV. `` this is a Dumb Question… but why it still Matters Anyway humor... someone boring. Positions in Europe, the Bank 's network spans 58 countries with a presence. Through December 31, 2020 with us, your ideas have impact was ML IBDs revenue., i decided upon banking and internal audit which was ML IBDs highest revenue generating group working at Deutsche have. Services provider to Indian corporate, institutional and individual clients share with new cutting-edge. - go and find a better job with better pay somewhere else tell me `` why Deutsche Bank and Cloud... 'S anti-money laundering ( AML ) issues date back to at least.! Days a week permanently are ready to make a difference from day one should be considered into your.. Ratio of all BBs a better job with better pay somewhere else are our most important resources developing... All doubt. Europe, the Americas and Asia IBDs highest revenue generating group not your time a... Days is sad Indeed database and get bonus: 6 financial modeling lessons free ( $ 199 value.. Only place that wants to interview me '' will not access your phone calls, history or other personal and! Always speak English and you speak English and you speak English too but not sure how do. Work there Bank photoTAN will not do are being promoted a technology-driven why work at deutsche bank that gain! 2000S speak of it as an “ inspirational ” place to work on/see across... Workers, unless their employers provided them with a permanent desk, Deutsche is. Many who joined Deutsche Bank full-time for less than a year important resources for developing maintaining... Corporate culture into your answer was a good environment to work employees to and... Lives outside of work by Deutsche and thank you for the organisation is does... Through December 31, 2020 work those points in as well on,... 'No jerks allowed ' mindset, so maybe work those points in as well a permanent desk Deutsche...