The Latest Breaking News from Asoka Woehrmann

Deutsche Bank AG (NYSE:DB) asset management subsidiary DWS said its Chief Executive Officer Asoka Woehrmann is set to step down on June 9. The resignation has happened following a search by investigators amidst the controversy surrounding the executive and allegations that the company inflated its ESG credentials, Bloomberg reported. Woehrmann will be succeeded by…

Deutsche Bank subsidiary DWS says its chief executive is resigning after authorities raided its offices as part of a probe into claims that the company exaggerated the sustainable credentials of some of the financial products