Bank of America and Deutsch Bank both released outlooks predicting the Federal Reserve will cut interest rates next year. The latter says the U.S. will enter a "mild recession."

Women who allege they were abused by Jeffrey Epstein filed a lawsuit against two banks they claim benefited financially from his sex trafficking system.

Deutsche Bank has joined JPMorgan Chase and Goldman Sachs in winding down its business in Russia following the country's invasion of Ukraine.

Investors will take in a wave of earnings this week from big names including IBM, Netflix, Chipotle Mexican Grill, Coca-Cola, Twitter, American Express, American Airlines, Southwest Airlines, AT&T, Intel, Snap, Verizon and Domino's Pizza.

Deutsche Bank more than delivered in the latest quarter putting the lender's rocky past in the rearview mirror.