FRANKFURT (Reuters) -The European Central Bank is looking into corporate governance issues surrounding the chief executive officer of Deutsche Bank's fund business DWS, a person with knowledge of the matter said on Friday. The ECB's move comes on top of separate investigations by the U.S. Securities and Exchange Commission as well as Germany's financial regulator BaFin into allegations that DWS overstated https://www.reuters.com/business/shares-dws-fall-53-early-frankfurt-trade-after-report-us-probe-2021-08-26 how it used sustainable investing criteria to manage investments. DWS has denied those allegations.
A US federal appeals court has overturned the convictions of two former Deutsche Bank traders found guilty of manipulating interest rates, a decision that clashes with UK courts.
Deutsche Bank's (DB) Q4 results reflect the favorable impacts of higher revenues, a decent capital position and stable provisions. However, higher expenses are a drag.