Survey after survey shows that the wealthy are back to pre-crisis boom years when it comes to their outlook for their own finances, their investments and their retirements. But many of them are still sitting on lots of cash.
The massive amounts of liquidity being pumped into markets by global central banks are tantamount to "monetary Red Bull" and may have unexpected consequences for businesses and economies, Bill Gross told CNBC on Monday.
As Treasury Secretary Jack Lew kicks-off his first official visit to Europe, analysts said efforts to coax euro zone leaders to pursue growth-generating policies may fall on deaf ears.
Spanish Prime Minister Mariano Rajoy said on Monday that Europe should looks to give the European Central Bank more powers, in answer to a question on the Bank of Japan's stimulus measures.
After causing the collapse of the U.K.'s oldest investment bank, spending several years in a Singapore jail and over a decade reinventing his tattered image, Nick Leeson is finally back on the financial market.
Portugal's prime minister told his country Sunday to brace for even harder times after a court ruling forced his government to find more savings through steep spending cuts.
Italy's cabinet approved a measure to provide 40 billion euros of state's debt to private companies, a move intended to provide vital liquidity to cash-strapped firms.
Two of Greece's biggest banks face nationalization after failing to attract private investment and a surprise move by the state to suspend their merger deal.
The Cyprus bailout shows banks can be wound down despite difficulties, European Central Bank policymaker Jens Weidmann said in an interview on Sunday, adding the situation on the island had stabilized.