• The G20 meeting over the weekend ended in additional pressure on the Euro zone to cobble together a comprehensive strategy to tackle the sovereign debt crisis in Europe. There is a five-pronged approach outlined, but getting through the details is going to be arduous, and time consuming. From Reuters News.
• German Chancellor Angela Merkel tries to manage expectations going into next weekend’s EU meeting. From Bloomberg News.
• U.S. politicians reposition themselves on the “Occupy Wall Street” movement as demonstrations spread world-wide. Financial business leaders try to broaden the debate beyond demonizing banks. From the Financial Times.
• Some big U.S. banks announce earnings this week. Here are some highlights from Bloomberg News.