U.S. SEC investigating Deutsche Bank’s DWS over sustainability claims – source
© Reuters. The new logo of Deutsche Bank’s DWS Asset Management is pictured at their headquarters in Frankfurt, Germany, March 19, 2018. REUTERS/Ralph Orlowski
FRANKFURT (Reuters) – The U.S. Securities and Exchange commission is investigating Deutsche Bank (DE:DBKGn)’s asset management arm DWS over how it used sustainable investing criteria to manage its assets, a person with knowledge of the matter said on Thursday.
DWS and Deutsche Bank declined to comment on the news, which was first reported by The Wall Street Journal.
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