Deutsche Bank's DWS Unit Raided Amid Greenwashing Allegations

The transcript discusses allegations of greenwashing against an asset manager, focusing on the investigation by federal police and its impact on Deutsche Bank and DWS. Despite the raids, DWS's assets under management have remained stable. The operation was significant but low-key compared to past raids. The reputational impact is considered, but the bank has managed to handle the situation well so far.

What triggered the investigation into DWS and Deutsche Bank?

• A data breach exposing client information

• A whistleblower report by the former Chief Sustainability Officer

• A financial scandal involving embezzlement

• A merger with another bank

How did DWS manage its assets under management amidst the allegations?

• They increased their assets significantly

• They maintained their asset levels

• They experienced a significant drop in assets

• They sold off a large portion of their assets

What was the general assumption about DWS's assets under management after the allegations?

• They would increase due to new investments

• They would be frozen by regulators

• They would remain unaffected

• They would decrease due to investor concerns

What was notable about the law enforcement operation at the Deutsche Bank Twin Towers?

• It involved armed guards and flashing lights

• It was a large-scale operation with international police

• It was relatively low-key compared to past raids

• It resulted in immediate arrests of top executives

What was the scale of the law enforcement operation at the Deutsche Bank Twin Towers?

• It was a significant operation but low-key

• It was a routine check with no significant findings

• It was the largest operation in the bank's history

• It involved only one police car