While Asset Wealth management in Madrid and Southern European team in Hamburg give career opportunities equally to men and women, in LATAM team Geneva that does not happen.
Due to this difference regarding the teams/locations, I have confirmed that it depends completely on the direct management.
While the management in Madrid and SE team HH was experienced, motivated and conscious of equality, this past four years in LATAM Geneva the management has been dealing with other issues that affected their own positions and the management of the team has been forgotten allowing differences in opportunities caused by other interests rather than making possible the career development of those team embeber who wanted to improve. In order to be able to focus on their own interests and businesses the management has also created other intermediate managerial positions promoting inexperienced people leading to a lot of issues inside the different teams of LATAM which affected mainly to women and so created a really bad working atmosphere. The high number of employees resigning in this past years is a prove of it.
Career advancement and family friendly are adjectives that do not apply when it comes to equality between genders in DB.
Deutsche Bank
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About Deutsche Bank
Deutsche Bank AG is one of the top financial groups in the world and the largest bank in Germany, where it operates about 1,000 retail branch locations. It has another 1,000 branches in more than 70 countries in Europe, the Americas, Asia, the Pacific Rim, and Africa. Deutsche Bank operates through three primary segments: Corporate and Investment Bank, Corporate Investments, and Private Clients and Asset Management. Its massive and far-flung Deutsche Asset Management subsidiary, which includes US-based companies Deutsche Bank Securities, RREEF, and DWS Investments (formerly DWS Scudder), serves private and institutional clients and has some E700 billion (some $975 billion) in assets under management.
5 Reviews
I would not have left however they sold the business line, located in NYC to another bank which at the time was mainly operational in a different state. Generous pay and a hard working culture, to be sure. A fair number of women held mid level management positions.
Great supportive culture to encourage knowledge sharing and internal mobility. It encourages remote access and flexible working.
Working in Deutsche Bank is a great place to be in touch with skilled and hard working people, willing to do their very best to make the difference. Deutsche actively supports arts, diversity and young people. It also liked to many charity events.
Great for career, investment banking culture that promotes performance and encourages diversity. Not so sure about family friendly. Cannot comment as I haven’t been in that situation but might be difficult to reconcile with their hard-working culture (depends in business unit/area within the bank).
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