Although European banks are trying to build a large buffer against continental turmoil, the risks are still there, according to Morningstar's Erin Davis.
Morningstar's Pat Dorsey and Josh Peters discuss three investments that offer a hedge against inflation while also providing better current income than Treasury Inflation-Protected Securities.
UBS AG was fined 29.7 million pounds ($47.6 million) by the U.K. and told by the Swiss that it may have to increase capital levels for operational risks as regulators levied penalties after Kweku Adoboli's $2.3 billion trading loss.