Deutsche Bank’s DWS and allegations of ‘greenwashing’

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Reuters UK

FRANKFURT (Reuters) – Asoka Woehrmann, the chief executive of Deutsche Bank’s funds arm DWS, will hand over the reins on Thursday after resigning in the wake of allegations that the company, which manages 928 billion euros ($994 billion) in assets, misled investors about its “green” investments. DWS and Woehrmann have denied the allegations. Below is a timeline of developments in the saga drawn from DWS and Deutsche Bank corporate reports and public remarks, statements from prosecutors, and interviews. 2004 Deutsche Bank assumes full ownership of DWS. 2018 March – DWS shares debut after Deutsc…

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