Steve June 27, 2022

Asset management subsidiary DWS is under investigation for mislabelling investments as “sustainable”, in a case that could amount to investment fraud A raid on the offices of Deutsche Bank’s asset management subsidiary DWS over alleged greenwashing activities has shaken the company’s management and led to the resignation of CEO Asoka Wöhrmann. Accusations regarding fraudulent investment practices had become a “burden” for himself and the company, Wöhrmann said. On 31 May, Read More