DWS CEO Replaced Following Greenwashing Raid

The video discusses the resignation of Deutsche Bank's CEO following a police raid on its asset management unit over greenwashing accusations. Stefan Hoops is appointed as the new head, aiming to start afresh. The raid highlights broader concerns about greenwashing in finance, with implications for ESG practices. Allegations against DWS are claimed to be unfounded.

What are the implications of the police raid on Deutsche Bank's asset management unit?

What event led to the resignation of the CEO of Deutsche Bank?

Who is Stefan Hoops and what position will he take over?

How has the issue of greenwashing affected the finance industry according to the discussion?

What does Tom Metcalf suggest about the future of ESG practices in finance?