On 6 June 1944, American soldiers stormed the beaches of France, beginning a campaign that would roll back Nazi Germany’s control of Western Europe. It was an unprecedented display of military might and organizational prowess for the US. The man who led that heroic effort was himself of German descent—general and future president, Dwight D. Eisenhower. Eisenhower’s family, which changed ...

While Hong Kong’s stock and bond investment pipes to mainland China get much attention, a third link between the financial center and the People’s Republic has largely flown under the radar. The hidden “connect” hooks up banking flows from the city with borrowers up north; it’s large, and growing fast. Left unchecked, it could weaken Hong Kong’s lenders. Fitch Ratings ...

It’s hard to recall the last time there was good news out of Deutsche Bank AG. Record fines and criminal charges. Restructuring plans with layoffs and write-offs, that don’t seem to work. Losses. Senior management infighting. Credit-rating downgrades and new lows for the stock price. Added to a US list of troubled lenders. Only three of the 33 equity analysts ...