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Mexico's central bank's financial stability report: Mexico's financial system is flexible and stable. Stress tests have confirmed that the banking system as a whole has the ability to withstand major shocks. The capital and liquidity level of Mexico's banking system is higher than the minimum requirements of supervision. The economic environment is still complex and the risk factors are varied.The CEO of Bank of America said that the sales and trading business is expected to hit a new high in the fourth quarter, and the income of investment banking business jumped. Brian Moynihan, CEO of Bank of America, said that the quarterly income of the bank's investment banking business is expected to increase by at least 25% year-on-year, and the sales and trading business is expected to hit a new high. Moynihan said at the Goldman Sachs Financial Services Conference on Wednesday that with the "continuous growth" of transactions, the investment banking revenue in the fourth quarter may exceed $1.4 billion. Analysts had expected that the investment banking revenue of the second largest bank in the United States would be close to $1.5 billion, equivalent to an increase of about 27%. At the same time, Moynihan said that the sales and trading business should once again record year-on-year growth, achieving medium-to-high single-digit growth in the last quarter of this year. Analysts predict that market revenue will increase by 8.2% to $4.06 billion. The business led by Jim DeMare "has reached a higher level, but we will set a record in the fourth quarter, so we feel good," Moynihan said.The Israeli army said it had withdrawn from the Shyam area in southern Lebanon. On the evening of 11th local time, the Israel Defense Forces announced that according to the ceasefire agreement reached with Hezbollah in Lebanon, the troops had withdrawn from the Shyam area in southern Lebanon that morning, and Lebanese Armed Forces soldiers would be deployed in the area together with the United Nations Interim Force in Lebanon. The Israeli military says it is still deployed in other parts of southern Lebanon and will continue to fight any threat.

Peter Orsag, CEO of Lazard Financial Advisor, said that we should be encouraged by the key figures appointed by the president.The CEO of Bank of America said that the sales and trading business is expected to hit a new high in the fourth quarter, and the income of investment banking business jumped. Brian Moynihan, CEO of Bank of America, said that the quarterly income of the bank's investment banking business is expected to increase by at least 25% year-on-year, and the sales and trading business is expected to hit a new high. Moynihan said at the Goldman Sachs Financial Services Conference on Wednesday that with the "continuous growth" of transactions, the investment banking revenue in the fourth quarter may exceed $1.4 billion. Analysts had expected that the investment banking revenue of the second largest bank in the United States would be close to $1.5 billion, equivalent to an increase of about 27%. At the same time, Moynihan said that the sales and trading business should once again record year-on-year growth, achieving medium-to-high single-digit growth in the last quarter of this year. Analysts predict that market revenue will increase by 8.2% to $4.06 billion. The business led by Jim DeMare "has reached a higher level, but we will set a record in the fourth quarter, so we feel good," Moynihan said.Competitors criticized Google for changing its search results and asked the European Union to file antitrust charges. More than 20 price comparison websites in Europe criticized Google's suggestions for modifying its search results on Wednesday, saying that these suggestions still did not meet the technical rules of the European Union, and urged regulators to file charges against Google. For more than a year, Google has been discussing with price comparison websites, hotels, airlines, restaurants and retailers how to abide by the Digital Market Law, which prohibits Google from favoring its own products and services on its platform. Last month, the company announced its latest proposal, which includes expanding the unit with the same format, allowing users to choose between comparison websites and supplier websites. If it can't reach an agreement with its competitors, it may return to the "ten blue links" format many years ago as an alternative. This form is currently being tested in Germany, Belgium and Estonia.

Iranian President expressed his willingness to expand cooperation with Turkey in various fields. Iranian President Pezexizhiyan said on the 11th that Iran is willing to expand cooperation with Turkey in various fields. According to the statement issued by the Iranian Presidential Palace, when meeting with visiting Turkish Trade Minister Borat in Tehran on the same day, Pezehiqiyan said that Iran will continue to firmly cooperate with Turkey and is willing to expand relations and cooperation with Turkey in various fields. He also stressed the necessity of implementing the bilateral agreements signed before.Dollar deposits and wealth management are popular again. Experts suggest paying attention to exchange risk. Although it is in the cycle of interest rate reduction by the Federal Reserve, dollar deposit products are still attractive to investors. Since December, a number of bank wealth management subsidiaries have intensively put on shelves US dollar wealth management products. Judging from the rate of return, the performance benchmark of some US dollar fixed-income wealth management products currently launched is close to 5%, but the performance benchmark of RMB wealth management products with the same risk level is mostly around 2%. According to the statistics of Puyi standard data, as of December 9, there were 1,312 surviving products in US dollar financing, and the surviving scale of US dollar financing reached 281.927 billion yuan, which has doubled from the surviving scale of 140.351 billion yuan at the end of December last year. In addition, although banks have previously lowered the interest rate of dollar deposit products, from the current point of view, the interest rate of some banks' dollar deposits remains above 4%, attracting many customers to buy. According to industry insiders, under the Fed's interest rate cut cycle, the main reason for the high heat of dollar wealth management and dollar deposits is the exchange rate expectation of a strong dollar. If the market expects the US dollar to appreciate or remain stable, holding US dollar assets (such as US dollar wealth management and US dollar deposits) can benefit from the potential exchange rate appreciation even if interest rates fall. In addition, in order to diversify risks, some investors choose to allocate part of their funds to US dollar assets to realize diversification of asset allocation. (Securities Daily)Erdogan, Turkey: Thanks to the leaders of Somalia and Ethiopia for achieving historical reconciliation.