A growing body of evidence suggests a gaping disconnect between what ESG investors expect and what some ESG funds are actually investing in. For asset managers, this poses significant reputational risk that can feature angry investors, lost credibility, regulatory scrutiny, ...

Deutsche Bank’s asset manager DWS Group hit back at claims that it overstated the amount of assets that comply with sustainability criteria after the news of probes by U.S. and German authorities into the allegations sent the shares plunging. “DWS ...

Deutsche Bank has lost a string of U.S.-based wealth management executives over the past year as Chief Executive Christian Sewing struggles to expand in the lucrative business of managing rich people’s money while keeping a lid on expenses. At least ...