REUTERS - Reuters
FRANKFURT, April 2 (Reuters) - German prosecutors have fined asset manager DWS 25 million euros ($27 million) after a lengthy probe found the firm guilty of greenwashing, or making misleading statements about its environmental and social investing credentials. The fine comes after DWS agreed in 2023 to pay $25 million in the United States to settle charges over misstatements linked to ESG investing, and for failures in policies designed to prevent money laundering.
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