OUCH! Deutsche Bank’s asset-management arm DWS Group slumped >13% after US & German probes

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OUCH! Deutsche Bank’s asset-management arm DWS Group slumped >13% after US & German probes into sustainability claims of its funds, in further sign that authorities are taking tougher stance on potential greenwashing of investment products. Stock mkt value of €1tn was destroyed. h/t Holger Zschaepitz

OUCH! Deutsche Bank’s asset-management arm DWS Group slumped >13% after US & German probes

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