The new DWS boss Stefan Hoops is considered a clean man. Although he began his career in investment banking, he is said to have never pushed the envelope. But doubts are growing about that.
A year ago, Stefan Hoops suddenly became CEO. The German banker had already made a steep career in the group. The fact that he should now take over the fund subsidiary DWS, after all the largest provider in the country, so quickly came as a surprise. On the other hand, Deutsche Bank sees Hoops as a man for difficult cases, as one of Christian’s “friends” who have the trust of CEO Christian Sewing. And at DWS there was a lot to do after a greenwashing scandal and many quarrels about Hoops’ predecessor Asoka Wöhrmann.