US SEC investigates Deutsche Bank’s DWS for sustainability claims

© Reuters. Deutsche Bank’s new DWS Asset Management logo is pictured at their head office in Frankfurt, Germany on March 19, 2018. REUTERS / Ralph Orlowski

FRANKFURT (Reuters) – US Securities and Exchange Commission investigates German Bank The asset management arm of (DE 🙂 DWS on how it used sustainable investment 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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