Wall Street Roundup: Catching up with the culprits. Big banks remain opaque.

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Basel III arrives. New international capital requirements for banks were announced Sunday in Basel, Switzerland. Stocks have responded well even as some have complained that banks will have too long to adopt the new rules.

Catching up with the culprits. The Wall Street Journal takes a ‘where are they now?’ approach to the people who took the blame for the financial crisis that reached its height two years ago this week with the bankruptcy of Lehman Bros. Most notable is a Morgan Stanley trader who is back in the saddle after taking the blame for $9 billion in trading losses.

Wall Street film fest. The Toronto International Film Festival is screening a number of the anti-Wall Street documentaries that will be landing this fall.

Big banks remain opaque. The trading results at big Wall Street firms, one of the biggest sources of profit, remain opaque to investors even after all the financial reforms.

-- Nathaniel Popper in New York