DWS Shares Slump as U.S. Probes Sustainability Claims

The video discusses the significant financial loss faced by DWS, a unit of Deutsche Bank, due to allegations of greenwashing. US prosecutors are investigating, which could have severe repercussions for the asset management industry. The situation poses additional challenges for Deutsche Bank, which is already dealing with compliance issues and efforts to boost profitability. The scrutiny on ESG claims could impact the broader financial sector.

In what ways is the CEO of Deutsche Bank affected by ongoing legal problems?

What steps is Deutsche Bank taking to improve its anti-money laundering capabilities?