DWS and Deutsche Bank raided by police following whistleblower claims of greenwashing

Eve Maddock-Jones
clock • 2 min read

German prosecutors raided the offices of DWS asset management and Deutsche Bank in Frankfurt this morning (31 May), concerning allegations of greenwashing and misleading investments. The raid, first reported by Bloomberg, involved around 50 officers who arrived at the offices with members of the German regulator BaFin present among the officers. According to the public prosecutor's office, the search is connected to greenwashing allegations against DWS. Reuters reported that a statement made by the authorities said they were following up from reports and a whistleblower claiming that ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?