Kremlin: President Putin will meet senior officials on Wednesday to discuss cybersecurity and said Russia should be prepared for challenges.

IMF managing director said policymakers should closely monitor the exhaustion of sources of resilience and ensure the economy is prepared.

BofA’s Q3 trading revenue fell short of estimates: fixed-income trading revenue declined 17% to $2.55bn and equities trading revenue fell 10% to $2.51bn, both below analysts’ expectations. The bank booked a $1.2bn non-tax-deductible charge related to a U.S. Treasury announcement of anti-money-laundering and sanctions violations, cutting EPS by $0.17. The U.S. Treasury said BofA effectively outsourced key compliance work to external firms to protect revenue; the bank says remediation costs are included in operating expenses. Ongoing market volatility supported activity in equities desks across Wall Street, while higher rates weighed on fixed-income trading and broader lending activity.