SEC Fines Deutsche Bank Fund Unit for ESG Claims, Money Laundering Allegations
null By Mengqi SunSept. 25, 2023 12:49 pm ETA whistleblower at Deutsche Bank’s investment arm, DWS, raised questions about its ESG claims. Photo: Arne Dedert/Zuma PressDeutsche Bank’s investment arm agreed to pay $25 million for overstating how it used environmental, social and governance factors in its funds, one of the first cases that questioned ESG claims by money managers. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Continue reading your article witha WSJ subscriptionSubscribe NowAlready a subscriber? Sign InSponsored OffersAT&T: Extra $50 off with this AT&T secret promo codeWalmart: Extra 20% off everything with Walmart coupon codeBest Buy: Deal of the Day Best Buy coupon: Score up to 50% offTurboTax: Save up to $15 with TurboTax coupon 2023The Motley Fool: Epic Bundle - 3x Expert Stock RecommendationsH&R Block Tax: 15% OFF DIY Online Tax Filing Services | H&R Block Coupon
Sept. 25, 2023 12:49 pm ET
Deutsche Bank’s investment arm agreed to pay $25 million for overstating how it used environmental, social and governance factors in its funds, one of the first cases that questioned ESG claims by money managers.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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