Some thoughts—from Chair Yellen, herself—about why, despite pretty strong economic indicators for a pretty long time now, the Fed hasn’t begun to raise rates again – NYTimes and Bloomberg

Deutsche Bank’s reportedly considering “scaling back U.S. operations” in an effort to lower costs to address what’s going to be a very heavy legal spend ahead – Bloomberg

On the other end of the spectrum, Bank of America’s out this morning with very solid Q3 numbers, with profits up 7.3 percent, as big banks kick of earnings season again – WSJ

Breakingviews on the problems at Wells Fargo that most aren’t talking about—among them, the impact of low interest rates, increasing competition, the need to hold more cash, and rising loan losses – NYTimes

Caterpillar’s CEO took the helm in 2010 and dropped $10 billion on plants and equipment over the next 3 years.  Then commodities took a nose dive.  It’s been a rough ride ever since – WSJ

More on China’s property bubble and the “global repercussions if it pops.”  This could be one of the big ones – NYTimes and WSJ

French investment bank Natixis has asked a NY appeals court to kick a lawsuit over a $877 million RMBS trust full of toxic loans, arguing that the trust’s securities administrator “lacks standing to bring the suit.” A lower court refused to dismiss the case based on a general PSA provision giving the administrator broad duties – Law360

ATMs are diving into chip-and-pin in an effort to stamp out cybertheft, and the card companies’ liability shift (that starts in a week) should help speed along the change – WSJ

Issa Rae’s new HBO show “Insecure” is getting rave reviews.  This conversation with Wired helps show why that’s no surprise – Wired