Deutsche Bank AG — Ethics Grade D

Deutsche Bank AG receives an overall ethics grade of D (26/100) on CancelCo's corporate accountability database. Sector: Financial Services. Market cap: Large Cap.

Category scores

• labor: 45
• privacy: 40
• consumer: 20
• environment: 25
• humanRights: 30

Documented incidents (3)

• Russian mirror trading scandal (high, 2017) — Fined $630M for facilitating $10B in suspicious Russian mirror trades used for money laundering.
• LIBOR rate manipulation (high, 2015) — Paid $2.5B in fines for manipulating the LIBOR benchmark interest rate, affecting trillions in global financial products.
• DWS greenwashing raid (medium, 2023) — German police raided Deutsche Bank subsidiary DWS over allegations of overstating ESG credentials in its investment funds.

Documented good deeds

• Born to Be youth program — Reached 7M+ young people through education and entrepreneurship programs in 30+ countries.

Ethical alternatives

• GLS Bank — Germany's first ethical bank. Only finances social and ecological projects with full transparency.