The picture Deutsche Bank presents these days is sad indeed. That’s why we’re looking for innovative, strategic thinkers who are ready to make a difference from day one. Also DB is not a US bank as such not handcuffed by TARP and OBAMA. Deutsche Bank's success is built on the agile thinking of our people. Answer. Deutsche Bank wants a "privilege tax" on people who work from home, to erase their savings from not having to commute or buy lunch. Those who can, do. 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 … Working at DNB Our employees are our most important resources for developing and maintaining good customer relations. Why This is a Dumb Question… But Why It Still Matters Anyway. are you going this thursday? Training program, benefits, base salary, mentorship. I work for Deutsche Bank and I'm fed up with reading all the complaints from people who don't. Im sure you can make it sound better. They are usually on the lower end of the promoted wage band or higher band of their previous corporate title. Pros. For 150 Years. If your interview is with DB tech this could help. The bank's network spans 58 countries with a large presence in Europe, the Americas, and Asia. 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. read more on the partnership read more on the partnership Behind the Headlines. For one thing, it’s demoralising and often makes for a nasty corporate culture. Deutsche Bank 3.8. That has a positive economic, environmental, and social impact. 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). : We’re always looking for creative thinkers who are ready to make a difference from day one. With a presence in 59 countries, Deutsche Bank is a German financial institution servicing a global client network. from Deutsche Bank employees. Asked February 5, 2018. 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 would reorganize how ITresources are managed to support business lines more equitably and … I am applying for a summer internship in the corporate finance role (IBD) at Deutsche Bank. Get answers to your biggest company questions on Indeed. Deutsche Bank has been cutting costs and it's been doing so even faster than it intended. 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.. 1,210 reviews from Deutsche Bank employees about Deutsche Bank culture, salaries, benefits, work-life balance, management, job security, and more. Manila. 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 … (Originally Posted: 01/25/2012). Pros. The obvious answer is why you actually want to work there. 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. Deutsche Bank employees had devised strategies to get around the sanctions and carry out transactions worth roughly $10.9 billion. I work for Deutsche Bank and I'm fed up with reading all the complaints from people who don't. Goldman Sachs & Co 2,631.7. 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. Training program, benefits, base salary, mentorship. Bank of America Merrill Lynch 3,536.0 I would recommend Deutsche Bank, as a place to go, if you need a job. Interviews > Vice President > Deutsche Bank. The business is focused on building a bank that stands for more. Because I don't think I'm good enough to get into Goldman Sachs. 894 reviews from Deutsche Bank employees about Deutsche Bank culture, salaries, benefits, work-life balance, management, job security, and more. I am going to be interviewed by Deutsche and thank you for the imputs! 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. Sorry, you need to login or sign up in order to vote. I have been working at Deutsche Bank full-time for less than a year. Deutsche Bank estimates the proportion of Americans who worked from home (WFH) during the pandemic surged to 56%. Early Careers. See why you should consider working there. It's not useful to measure whether or not your time at a company was a good addition to the CV based on tenure. Deutsche Bank Interview Question: Why DB? Deutsche Bank is considering offering some staff the opportunity to work from home two days a week permanently. 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. Tags: See More, See Less 8. They always speak English and you speak English too. Why work for Deutsche Bank. More Than Banking. They argue it would leave the average employee no worse off because of … Deutsche Bank is a tech-driven provider of financial services, offering corporate, investment, private, retail, and asset management products on a global scale. I don't know if that helps. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). 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") What is wrong with Deutsche Bank is its $120 billion of unwanted financial assets. 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 … 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. they have the best tier 2 capital ratio of all BBs. They have quite the international footprint, you will get to work on/see deals across continents. Self … The WSO investment banking interview course is designed by countless professionals with real world experience, tailored to people aspiring to break into the industry. Flag as Inappropriate Flag as Inappropriate. Glassdoor gives you an inside look at what it's like to work at Deutsche Bank, including salaries, reviews, office photos, and more. 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. 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? If you don't like it here, then leave - go and find a better job with better pay somewhere else. No one knows what they are worth. It goes without saying, but "this is the only place that wants to interview me" will not do. Did you have your interview yet? You are using an outdated browser. Add Tags. Subscribe. 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. In 2013, the bank eliminated €1.3bn of expenses - €300m more than its target. Cons. Deutsche Bank Why do you want to work at Deutsche Bank? 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. Maybe interest in German culture? Deutsche bank provides good pay scale also a good environment to work. Deutsche Bank was founded in 1870 to help German and European companies do business across borders. Learn about the interview process, employee benefits, company culture and more on Indeed. Economists at Deutsche Bank have proposed making staff pay a 5% tax for each day they choose to work remotely. Having always wanted to work in some kind of city job, I decided upon banking and internal audit. 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. 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. Employees who can work remotely during the COVID-19 pandemic should pay a tax to help those workers who cannot, says Deutsche Bank. I have an interview and they are going to ask me why deutsche bank. Having done that, I went to the university presentation evenings for almost all of the banks. (AP Photo/Kirsty Wigglesworth, File) I would like to work again with deutsche bank if i get the opportunity. Answer to Why Investment Sales Interview Question? 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. I've never had a finance interview before. Anybody know what to expect? History of the issues. No matter how large or small. Many who joined Deutsche Bank in the 1980s, 1990s and early 2000s speak of it as an “inspirational” place to work. Why Deutsche Bank, particularly sales and trading? The layoffs have started at Deutsche Bank as the struggling lender embarks on a dramatic overhaul that will reduce its workforce by 18,000. If not, good luck. WSO Free Modeling Series - Now Open Through December 31, 2020. The bank agreed to pay $258 million in settlements. Rank: Monkey | 45 Hi, I am applying for a summer internship in the corporate finance role (IBD) at Deutsche Bank. 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. 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 … 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. Why Deutsche Bank? All Rights Reserved. At Deutsche Bank, we’re changing what it means to be a 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. 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. 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. We're adventurous but responsible, developing trusting and lasting partnerships. A bank focused on sustainable business. 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. Chief Executive Officer Christian Sewing previously said Deutsche Bank will increase the amount of work employees can do from home, as the lender … good infrastructure and highly recommended for women safety at work. All of these things should be considered into your answer. or Want to Unlock by signing in with your social account? Deutsche Bank genuinely stood out to … Why Deutsche Bank? (Originally Posted: 01/29/2014). Why This is a Dumb Question… But Why It Still Matters Anyway. 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 Deutsche Bank Careers. 4. Deutsche Bank and Google Cloud sign pioneering cloud and innovation partnership. Any suggestions would be appreciated. Cons. The work-from-home tax would be paid by workers, unless their employers provided them with a permanent desk, Deutsche Bank suggested. I have been working at Deutsche Bank full-time for less than a year. Among other things, the bank absorbed severance payments as it … To comment on this, Sign In or Sign Up. 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" ? 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. 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. Those who can't, post threads about how to do it on WSO. Talk to us about flexible work arrangements and other initiatives we offer. 'Deutsche Bank genuinely stood out to me amongst the crowd.' All content is posted anonymously by employees working at Deutsche Bank. Add Answers or Comments. 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. That January, the bank agreed to pay a $629 million fine to … And that creates more possibilities for all employees to grow and succeed professionally, while leading equally fulfilling lives outside of work. 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. ©2005-2020 Wall Street Oasis. Why should I join Deutsche Bank? pm me to discusss, why db is a pretty easy question, search a little bit, JP Morgan 3,813.5 I know they hired the entire FIG group from ML which was ML IBDs highest revenue generating group. It is important that in your answers you display the qualities that Deutsche Bank values. so you can reward or punish any content you deem worthy right away. Our services include on-shore investment banking, institutional equities broking, asset and private wealth management, retail banking and business processes outsourcing. This is why it's still safe to work for 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. That’s why we’re looking for innovative, strategic thinkers who are ready to make a difference from day one. Find 261 questions and answers about working at Deutsche Bank. I appreciated this humor... someone is boring as fuck. investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Which group. The Americas play a central role in delivering revenue growth for the bank. i have first rounds coming up as well. 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.. For 150 years, Deutsche Bank has been connecting worlds to help people and businesses get to where they want to be. The Deutsche Bank photoTAN will not access your phone calls, history or other personal data and will not perform calls. 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. 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. Interview question (Originally Posted: 01/23/2016). Learn about the interview process, employee benefits, company culture and more on Indeed. 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. Contribute to the database and get 1 month free* Full online access! Get instant access to lessons taught by experienced private equity pros and bulge bracket WSO depends on everyone being able to pitch in when they know something. 180 reviews from Deutsche Bank employees about Deutsche Bank culture, salaries, benefits, work-life balance, management, job security, and more. --Abraham Lincoln. More importantly, can anyone tell me "Why Deutsche Bank?". What truly differentiates them from the other big banks is they quite frankly will work on any deal. Find 89 questions and answers about working at Deutsche Bank. The bank's network spans 58 countries with a large presence in Europe, the Americas, and Asia. Deutsche Bank see themselves as a technology-driven company that can gain market share with new, cutting-edge ideas. His book, “ Why Aren’t They Shouting? 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 Deutsche Bank, particularly sales and trading? See you on the other side! My only concern for the organisation is it does not pay its employees fairly especially when they are being promoted. Deutsche Bank portrayed its loss as a resolute attempt to deal with mistakes of the past. 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. The Group’s employees are competent and motivated, and DNB is considered an attractive workplace offering tailored development opportunities. 51 questions about working at Deutsche Bank. 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. This is the Deutsche Bank company profile. Deutsche Bank's anti-money laundering (AML) issues date back to at least 2017. Deutsche Bank in India is a fully integrated financial services provider to Indian corporate, institutional and individual clients. Answer. From there he went on to work as a managing director of Deutsche Bank for 15 years, latterly as global head of foreign exchange. 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. It’s about making a positive difference and cultivating new perspectives. Obviously never say this, the vast majority of DB employees in London are non-German This guide will help you learn how to answer these questions and many, many more. 51 questions. They have quite the international footprint, you will get to work on/see deals across continents. If you don't like it here, then leave - go and find a better job with better pay somewhere else. I'd like to keep it personal but not sure how to talk about it? "Better to remain silent and be thought a fool than to speak out and remove all doubt." I used to work in DB tech. As a new user, you get over 200 WSO Credits free, 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. At Deutsche Bank, your ideas have impact. - „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. tintszz IB. That’s why with us, your ideas have impact. 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 were in charge, what would you do to make Deutsche Bank a better place to work? Was this review helpful? 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. At Deutsche Bank, your ideas have impact. Deutsche Bank - Why Work With Us? "The sudden shift to … If you have other choices in hand I would study them carefully before committing to work for Deutsche Bank. Multinational banks do clickbait too. Go for the great fit you had with the people you spoke to etc. they did not need any financial support from the government during the crisis! 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. Please upgrade your browser to improve your experience. 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. seriously.. +Bonus: Get 27 financial modeling templates in swipe file. 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. Firstly I must say Deutsche Bank is a great play to be and work if you live within Birmingham or the surrounding area. What are the perks to working at Deutsche Bank AG? 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. 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. Find answers to 'Why would you want to work at Deutsche Bank?' Go for BB factor/Top EU bank/nice deals, team, etc. When the market puts no price on you, you are in deep, ahem, trouble. Diversity and Inclusion. Hum "Deutscheland uber alles" and then start telling them how you've always wanted to drive a Panzerkampfwagen Tiger into Russia. BD is a highly respected international bank and has a 'no jerks allowed' mindset, so maybe work those points in as well. Get the inside look at the company benefits and perks. 258 reviews from Deutsche Bank employees about Deutsche Bank culture, salaries, benefits, work-life balance, management, job security, and more. 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 … This will give you a broader scope and understanding of the technology landscape. 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. 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. Because Deutsche bank is Das Uber bank. Technology. 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. We go to great lengths to recruit the most talented young people for Deutsche Bank. We are Germany’s leading bank with strong positions in Europe and significant presence in the Americas and Asia Pacific. or Want to Sign up with your social account?