Deutsche Bank CEO Points to Analysts’ Backing in Greenwash Fight

Christian SewingPhotographer: Krisztian Bocsi/Bloomberg
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Deutsche Bank AG Chief Executive Officer Christian Sewing defended his asset management arm DWS Group against greenwashing allegations, pointing out that equity analysts seemed unfazed by the claims.

“DWS brought out a clear statement rejecting all the allegations,” Sewing said at a virtual Bloomberg News panel discussion Wednesday. “With the business development I have seen there, actually also now with analysts coming out looking at DWS, looking at these items, actually supporting DWS and further recommending it, I think this is a very strong statement.”