Deutsche Bank

Hi! I would like to introduce myself to the WSO community. As a way of quick background. Currently Vice President at a BB Bank, with 7+ years of experience leading M&A and IPO transactions Mainly worked within TMT and infra space Executed several multi-billion and crossborder deals Led on-campus...

28 Jun 2021

Want the SparkNotes? We got "banker speak" for nothing. But you don't need a SparkNotes because it was only a whole 30 seconds or so on an hour-long call. Senior Leadership on Junior Banker CIB-wide call: "We saw the materials and saw the forum" - nice, I would hope so. "We're exploring resources...

31 Mar 2021

I'm at a non-target, so we don't have much (if any) IB recruiting. However, Deutsche Bank recruits at my school, but its for the Jacksonville office. I've heard that DB does its operations in Jacksonville, but they have some front office positions as well, and they are recruiting for front office....

25 Sep 2020

I've been looking at DB's financials and it seems to me that they are doing well at the moment. 2018 IB Revenue/Profit/Margin: 7.5B Euros / 861mm Euros / 11.5% 2019 IB Revenue/Profit/Margin: 7.0B Euros / 458mm Euros / 6.5% 1H 2020 IB Revenue/Profit/Margin: 5.0B Euros / 1578mm Euros / 31.5% I know...

03 Oct 2020

Looking at the other thread, it seems that most aren't viewing DB's email as giving a guaranteed FT offer. Rather, they said you will be "eligible to receive a FT offer." I'm not even interning at DB, but I would think that this IS a guaranteed FT offer for two reasons. 1. Definition of "eligible":...

27 Apr 2020

Diversity recruiting has been the subject of several posts over the last few weeks. Although there are existing WSO posts that try to aggregate opportunity for diverse candidates, this one aims to be an exhaustive list that includes all the introductory programs and formal internship pipelines...

03 Jan 2017

Have a DB offer for SA 2019. Haven't applied to any other firms yet, wondering whether to take it or not. Go to a target school, GPA above 3.5.

06 May 2018

Hi Guys, I was wondering if anyone had any experience with working in Fixed Income & Currency Structuring particularly at Deutsche as there is very little out there on what the day to day is etc... Any information would be very appreciated especially around day to day work, interviews and what the...

10 Jun 2019

I've noticed that UBS/DB both get so much shit from all over this site, but it seems like when I talk to folks who work on Wall Street and at several different BBs, they always talk about how they're still very respectable firms with good culture and people - great places to start a career for an...

04 Dec 2020

(first post please be gentle) general profile: >3.6GPA, top 20 US university, studying economics, history, and anthropology (eclectic mix for finance I know) I recently got an offer at DB for their grad program in Jacksonville, which places recent grads into IB, S&T, and ER positions based on desk...

05 Nov 2018

Recently received an offer to join Deutsche Bank's 2023 IB summer analyst in NY; waiting to hear back from BofA but feel as though I have a good shot. Grateful for the opportunity to work at a BB regardless of "rankings", but if the decision were to come down to these two, is there one that would...

22 Apr 2022

Hi everyone, I had my superday last Wednesday and received this email from recruiting team today. I would love to have your thoughts about it while i am awiting for update? Interviewers were so nice and interview were more a conversation than a typical interview. Thank you for interview for the 2021...

23 Nov 2020

Thread for Deutsche Bank Commercial Real Estate Summer Internship Program. A place for insights, questions, and discussion.

11 Oct 2020

I know that DB sold their equity S&T business, but it seems like ER is still going strong at DB. I still see news articles that hold DB analysts to high regard, so I was wondering if ER at DB would be a good start to my career. I am currently recruiting for a ER role at DB, and I have a good chance...

16 Sep 2020

Why is it DB are getting a lot of stick recently? Seen a lot of people posting that they wouldn't want to work there? I understand they haven't done so well recently, but why? what's caused them to suffer? and isn't their restructuring plan a sign that they're adjusting to the new economy and should...

31 Aug 2016

I have an offer from Deutsche Bank for their investment banking generalist program. I am being told that the Bank is going downhill fast (look at the news recently) - should I be concerned about this? Is their reputation tarnished? I just want to be at a good Bank w strong exit ops. What is going on...

06 May 2018

...a switch that signals a less ambitious future after years of grim financial results and sputtering attempts to regain a spot among global investment-banking powerhouses. - WSJ Putting an end to the conflict between DB chairman Paul Achleitner and ousted chief John Cryan, [Deutsche Bank's...

08 Apr 2018

Just saw this across my news stream. It looks like 9,000 will be FT and rather immediate. Not sure what groups will get hit the hardest. $6.6b loss in third quarter. http://money.cnn.com/2015/10/29/investing/deutsche-bank-job-losses/...

31 Oct 2015

Hi, I am applying to the dbAchieve program for this summer. I would like to apply to the Asset Management Internship, however, the CF application makes more sense to me. The CF application has a space for you to type the essay (with a prompt), as well as an upload for resume, essay, and cover letter...

17 Oct 2020

Hey everyone, Just a couple days ago, I took the numerical reasoning test for Deutsche Bank. Yesterday i received the successful applicant email saying I progressed to the next stage. This morning I received an email stating i was rejected. Has this happened to anyone else? I am trying to figure out...

16 Nov 2017

Got a call from Deutsche Bank in Florida for a portfolio manager position in their structured lending wealth management COO division. I had read they are trying to grow wealth management division so it makes sense they are recruiting for this now. I'm aware of the recent lay offs and upon doing some...

19 Jul 2019

Hey guys. So I am interning at Deutsche Bank in the Investment Banking division. I was wondering which groups rank at the top in terms of prestige and exit opps. Any thoughts on the Consumer group? Would love M&A but I feel like everybody is gonna go for it. Top Groups at Deutsche Bank Deutsche Bank...

07 May 2016

Vacation rental giant HomeAway.com is getting ready to go public this summer in an IPO valued at an estimated $300 million. The company has selected Morgan Stanley, Deutsche Bank, JP Morgan Chase, and Goldman Sachs to manage the offering. The offering is a further sign the IPO market may be coming...

22 Feb 2011

Deutsche Bank has had a busy week. After poaching an entire deal team from Merrill Lynch, the German bank posted its first quarterly loss since World War II. Unlike their American counterparts, D-Bank officials also had the stones to tell the German government what they could do with their bailout...

05 Feb 2009

Hello all, I'm a senior at a top-20 US university studying economics & math. Did a S&T internship at a BB in NY this summer, didn't get an offer, and re-recruited. Deutsche Bank (Jacksonville office) has been my only offer thus far. I like the guys that I've met there, and at this point I don't...

31 Oct 2018

I've noticed that Deutsche Bank's S&T division (FICC) has been doing relatively well this year, much improved in terms of revenue and profit margin for the first two quarters. I'm sure COVID-19 has a big role in that, but still. So, how are they? Any desks that stand out in particular?

02 Oct 2020

Hey guys, I'm a junior at a target (Ivy) interested in credit. I'm trying to figure out the best way to get to a credit HF. I currently have offers to join DB's structured credit desk as well as as a HY credit analyst at a >$1bn credit fund at a large bank. Obviously 1 is sell-side and 1 is buy-side...

04 Feb 2015

Alright for those of us that are about to begin our final year (next week...gasp) in college and are working on recruitment for IB, I figured I'd make a thread so we can keep each other in the "know" as to who's recruiting when and what positions. This is for USA positions as well as UK. Also, for...

18 Aug 2010

I wanted to ask WSO-ers how exactly is UK recruiting done? In the US, we reach out to alumni, there's OCR interviews, resume drops, school trips, online resume drop (blackhole) -- but apparently in Europe it's different. My questions are, 1. Do UK employers really take a look at every resume posted?...

30 Jul 2011

I have 2 summer internship (London) offers for the IB divisions at DB and BAML and would really appreciate some advice. I really liked DB's culture and the way they go about their business, the division has a great team of people. They seemed very supportive and they really focus on the personal...

15 Dec 2012

Long time lurker, first post. I'm currently living in an apartment in NYC, where many of the summer tenants are interning at DB (most in IBD). Over the past week or so, I would always run into these people and we would just talk about things such as past experience, school, GPA, resume things...etc...

12 Jun 2012

I have a first round interview with Deutsche Bank corporate finance coming up. Anybody know what to expect? I've never had a finance interview before. More importantly, can anyone tell me "Why Deutsche Bank?" Why Do You Want to Work at DB? In any interview or informational phone call - you will...

08 Feb 2010

I am a current SA at DB in a group that has had solid recent exit ops (EBs, MM PE, HF) and go to a target with a solid GPA ... not necessarily worried about layoffs given the activity of the group I'm in but just wondering if anyone had any thoughts or experience on a lateral move to FT at another...

03 Jul 2018

So I have an interview with Deutsche Bank for Global Transaction Banking. It is part of Global Banking, however its obviously not investment banking. At first, it struck me as something along the lines of corporate banking, but going back to the description, I'm not so sure. Here is the description:...

23 Jan 2009

If I was looking to go into PE later on, what order should I rank my preferences at DB? 1) M&A 2) Fin Sponsors 3) REGLL (real estate, gaming, lodging, leisure) The consensus is that DB's Lev Fin group is relatively strong within the bank, but I'm not sure if I will like the type of work, as it seems...

14 Feb 2010

Hi, I'm currently a junior at a top tier school. I currently have offers for an investment banking summer analyst position at the following banks: credit suisse, ubs, deutsche bank and merrill (BoA). I also have interviews lined up with JPM and Morgan Stanley. I've turned down Citi and RBS. I'm...

11 Feb 2009

My friend recently introduced me to someone at Deutsche Bank NY in their IBD. He's nice enough to send in my resume to HR. But what are the chances of getting invited for an interview? Wasn't superday a while ago? I go to a target school in Chicago, so they would have to fly me to NY if they wanted...

22 Oct 2014

Has anyone heard back from DB NY? Had my final round yesterday. Didn't see a thread so this could be helpful as recruitment ramps up.

22 Apr 2022

Hi my fellow WSO friends, I have been/highly likely will be given offers in these couple banks under sales and trading. For MS it is specifically in equities and DB in FIC. Any suggestions on how to rank them or just any insights in general? Thank you!!!

20 Apr 2022

Hi, I'm applying to DB's S&T program and I'm hoping to find out more about their current position in the markets. What are everyone's thoughts on how well they're doing and how they're positioned for the future? How do they compare to other banks like them, specifically Barclays, Credit Suisse,...

13 Dec 2012

Received this on my old email address some 10 hours ago: [quote]Frankfurt am Main, 18 December 2013 Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today announced it intends to restate its financial statements for 2012 and the first three quarters of 2013. As a result of an internal audit of the...

18 Dec 2013

I been offered an internship in the Finance division in Deutsche Bank and a Research role (Private Equity) in McKinsey. Offer expires tomorrow. Personally I like the brand name McKinsey offers but it does not have a structured internship program unlike Deutsche Bank. Any advice?

11 Mar 2012

All the posts on the DB REGLL group are outdated. Just wanted to hear everyone's thoughts on the group. Heard it is one of the best groups in the bank and also competes with other REGLL groups on the street. If anyone can give any insights on how it is, exit opps, and how it is perceived on the...

18 Mar 2022

I am looking into this banks and I was hoping someone could enlighten me about what each one of these banks specialize on? What each of them do best? For example which ones do more underwriting or M&A, which ones specialize in what industries So if you could choose which one to work for... which one...

05 Feb 2011

Which is better for a junior summer internship: Houlihan Lokey (Financial Advisory Services) or Deutsche Bank IBD?

03 Mar 2011

I have an interview in two weeks with Deutsche Bank Private Wealth Management in Los Angeles. The position is for Analyst with a two-person brokerage team. Can anyone give any insight on potential questions they would ask? Thanks!

26 Apr 2010

Hey, have FT offers from Citi, Credit Suisse and Deutsche Bank. All for M&A groups. Could use some advice which you think would be the best choice in terms exposure, experience, prospects, exit options, reputation? People wise I like all of them and would comfortable at all 3.

11 Dec 2010

Curious if DB IB have folks have gotten their bonus numbers yet. A recruiter reached out about an industry coverage role at Assoc1 or Assoc2 level and I'm wondering where comp landed for the year. The latest data on WSO is an Assoc1 from 2021 with $150k base, $125k salary but this seems a bit low in...

06 Mar 2022

Which one would you pick and why? Interested in exit opps and deal flow. I already know culture is good at both places.

27 Apr 2022

Just the other day, the SEC settled with a former DB analyst for issuing recommendations on Big Lots that didn't agree with his actual views on the company. From the article: Charles P. Grom, who worked for Deutsche Bank, will pay $100,000 to settle charges by the regulator that his recommendation...

21 Feb 2016