Deutsche Bank Current Status
Hi everyone.
Via the search function, it doesn’t look like this topic has been discussed since 2016. As we enter 2018, is there anyone here who can comment on how the environment/culture is at DB these days given all the headlines?
Generically speaking, what would the reaction be to someone with 2-5yrs exp (new Associate) making the switch to DB’s capital markets platform?
Thanks in advance and Happy New Year.
I’d wait to see their FY results before venturing a guess, they should be published beginning of February
They are doing slightly better but are still in a state where they restructure themselves. Give this diamond more time
Deutsche Bank: A Greek Tragedy at a German Institution? (Originally Posted: 10/10/2016)
YouTube Videos
https://www.youtube.com/embed/dXhAGTSMlF0
Very intuitively explained - makes bank valuation seem easy.
DB (Originally Posted: 10/13/2016)
New hire freeze at DB, how will this affect interns and internship offers that were already given out?
Unlikely that they will revoke your offer for the summer. What hiring freeze at Barlcays for example means is that there is no additional headcount - basically the only available spots will be those of people leaving.
Shit must really hit the fan if they start revoking signed summer offers...
still better than Jefferies
This is sarcasm right
Email them and get written clarification of exactly what it means. Then short them if they revoke....
what is the legal stance on situations like this? Can someone sue for breach of contract/wrongful termination?
I would doubt that. Such employment is at will, so no legal recourse. This is like a guy who signed an offer and renege later because he got a better offer from another company.
Technically, if they really want to be a dick about it, they can let you show up on the first day and fire you. Not very kosher, but ain't unlawful.
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