A distinguishing feature of German banking, compared with U.S. and Japanese banking, is

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Germany allows universal banking, which means that banks can engage in a range of financial services, including commercial and investment banking, insurance, and asset management, under a single roof. This is different from the U.S. and Japan, where there is a separation between commercial and investment banking. German banks can also operate multiple branches, unlike the statement in option A. The interest rates charged by German banks are not closely regulated by the government, as stated in option B. Option D is also incorrect as there are no restrictions on German banks making investments outside the country.

A Distinguishing Feature of German Banking, Compared with U