Regional banks under the OCC’s supervision including Santander USA, the 29th largest U.S. bank by asset

The Office of the Comptroller of the Currency earlier this month sent formal letters to large and regional banks seeking information about sales practices and incentive-compensation structures following the Wells Fargo & Co. scandal, people familiar with the requests said. Read more

Germany Economics Ministry Blocks Chinese Firm Acquiring chip-equipment manufacturer Aixtron

Germany’s economics ministry has withdrawn clearance for Chinese firm Grand Chip Investment GmbH’s acquisition of German chip-equipment manufacturer, Aixtron. It shows the latest sign of alarm from the German government following a wave of Chinese takeovers. Aixtron’s shares tumbled in Read more

German companies are sitting on a half-trillion dollars of cash but are reluctant to invest it in their own country

FRANKFURT—German companies are sitting on a half-trillion dollars of cash but are reluctant to invest it in their own country, potentially threatening the country’s competitive edge and European economic growth. Germany’s nonfinancial businesses have saved more than they have invested for Read more

The British government is expected to make a long-awaited decision Tuesday on increasing London’s airport capacity

The British government is expected to make a long-awaited decision Tuesday on increasing London’s airport capacity, with speculation growing that controversial proposals to expand Heathrow will take off. Environmental activists are set to hold a protest in anticipation of the Read more