SEC Fines Deutsche Bank Fund Unit for ESG Claims, Money Laundering Allegations

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SEC Fines Deutsche Bank Fund Unit for ESG Claims, Money Laundering Allegations
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The bank’s investment arm agreed to pay $25 million for overstating how it used environmental, social and governance factors in its funds.

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https://www.wsj.com/articles/sec-fines-deutsche-bank-fund-unit-for-money-laundering-and-esg-misstatements-18f5c865 Commission says investment arm misled investors in how it incorporated ESG factors into its investment process

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