Today news
About the same in other media
US justice officials warn Deutsche Bank over criminal settlement involving asset management arm
Reading now: 710
fnlondon.comThe Justice Department has informed Deutsche Bank that the German lender may have violated a criminal settlement when it failed to tell prosecutors about an internal complaint in its asset-management arm's sustainable investing business, according to people familiar with the matter.
The complaint alleged that the asset manager, DWS Group, overstated how much it used environmental, social and governance criteria, known by the industry acronym ESG, to manage its assets. US authorities learned of the issue in an August Wall Street...
Read more on fnlondon.comAbout this in other media
Credit Suisse’s former asset management boss to leave the bank fnlondon.com /2 years ago
Credit Suisse’s former asset management boss to leave the bank fnlondon.com /2 years ago
US Treasury official beckons new stablecoin regulations cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
