Consumer confidence readings are at their highest level in seven years; but consumer spending has been tepid.

The Orderly Liquidation Authority created by the Dodd-Frank Act retains many of the flaws of ad-hoc pre-crisis practices and does little to improve creditors’ incentives to monitor risk-taking.

The probe hinges upon the suspicion that the traders at the banks manipulated the foreign exchange rates which served as benchmarks for huge amount of investments.

There needs to be much more to the sector’s renaissance than a simple shaming through sanctions.

China, believe it or not, is in more of a credit bubble than the United States. The United States has got lots and lots of problems. But China is actually worse - probably because they haven't been through this as many times as we have.

The US is a piker on penalties for banking wrongs.. UBS had to post bail at euros 1.1 bn ($1.5 bn) before the Swiss bank's trial for aiding money laundering and tax fraud in France.