The Latest Breaking News from DB

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 AG (NYSE:DB) is among several investment banks included in a comprehensive industry-wide U.S. regulatory probe, Bloomberg reports. The investigation determines the degree of employee reliance on private communication channels like Meta Platforms Inc (NASDAQ:FB) WhatsApp to conduct business. Deutsche Bank tested new software to improve its ability to archive messages and has…