Asset Management

Deutsche comes in last for governance among European banks

Quant fund identifies poor corporate governance at troubled German lender — but European rivals also score poorly

Deutsche comes in last for governance among European banks
Photo: Getty Images

Deutsche Bank has the worst environmental, social and governance score of any major European bank, putting the embattled German lender towards the bottom of a list of more than 6,700 global companies.

Deutsche’s score — 30.76 out of a possible 100 — was dragged down by poor corporate governance in particular, according to Financial News analysis of data provided by quant fund manager Arabesque.

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