DWS

Deutsche Bank's DWS Settles Major Greenwashing Investigation in Germany

2 days ago

In a significant move reflecting the growing scrutiny on sustainability claims within the finance industry, Deutsche Bank's asset management arm, DWS, has reached a settlement regarding a contentious greenwashing investigation led by German regulators. This development highlights the increasing pressure on financial institutions to ensure transparency and accuracy in their environmental claims amidst a rising tide of investor demand for genuine sustainable practices.

DWS Takes Strategic Action: CEO Assumes Control Amid Leadership Shake-Up

20 days ago

In a significant realignment at DWS Group, the prominent German asset management firm has made key changes to its leadership structure. Notably, Kelly, who was brought aboard as a star hire to enhance the company's management strategy, has been shifted from her former role amidst the evolving corporate landscape. These changes come as CEO Asoka Wöhrmann steps in to regain a more hands-on approach to the firm’s operations.

DWS CEO Acknowledges Personal Responsibility for Slow Growth in Private Credit Sector

2 months ago

DWS Group’s Chief Executive Officer, Stefan Hoops, has openly taken responsibility for the sluggish growth his company has experienced in the private credit market. In a recent statement, Hoops expressed his regret over the firm’s inability to accelerate its expansion despite a booming demand for private investment options.

DWS Reports Impressive $18 Billion Inflows and Declares Higher Dividend for Shareholders

2 months ago

In a recent announcement, DWS Group, the prominent German asset management firm, revealed significant financial outcomes for the fourth quarter of 2024. The company reported an impressive inflow of approximately $18 billion during this period, thus showcasing its robust performance against the backdrop of a challenging market landscape. This influx of capital is indicative of both strong investor confidence and the company's strategic positioning within the asset management sector.

DWS CEO Takes Charge Amid Struggles of Private Credit Unit to Attract Investors

2 months ago

In a strategic move aimed at revitalizing its struggling private credit unit, DWS Group, the German asset management giant, has announced that its CEO, Stefan Hofmann, will directly oversee operations in this sector. This decision comes in response to significant challenges the firm has faced in attracting investment amidst a fluctuating economic landscape and increased competition in the private credit market.

DWS Extends Contract of CEO Stefan Hoops Amid Strategic Growth Plans

4 months ago

In a significant move reflecting confidence in its leadership, DWS Group, a prominent asset manager and a subsidiary of Deutsche Bank, has extended the contract of its CEO, Stefan Hoops, for another three years. This decision comes as the firm aims to fortify its position in the competitive asset management landscape and pursue strategic growth opportunities.

DWS Reports Impressive $18.3 Billion Net Inflows and Upgrades 2024 Cost Guidance

5 months ago

In a significant boost for the financial services sector, DWS Group, the asset management arm of Deutsche Bank, has announced a robust net inflow figure of $18.3 billion during the third quarter of 2024. This impressive increase marks a clear indication of investor confidence and the company’s strong market appeal, as it aims to enhance its performance in the competitive asset management landscape.