Deutsche Bank’s DWS Fined $27 Million in German Greenwashing Probe - WSJ
1. DWS Group paid €25 million for German greenwashing investigation settlement. 2. Allegations included overstating ESG commitments from mid-2020 to early 2023. 3. The fine is covered by existing provisions and won't affect financial results. 4. DWS acknowledged past marketing issues and improved control processes. 5. This follows a $19 million SEC settlement regarding ESG claims.