He survived two brutal days on the Hill and rode out the worst of the fake-account scandal, but John Stumpf has officially been tossed from the Wells stagecoach – NYTimes and WSJ and Bloomberg and Law360

Though quicker than expected, it’s not enough for Breakingviews’ liking – NYTimes

The big takeaway from Fed’s September minutes is the phrase “relatively soon”—as in, when it expects to raise rates again, assuming that the economy continues to advance at a reasonable pace – NYTimes and WSJ

Holding companies appear to be an important new feature of the “living will” revisions the big banks have been making in an effort to appease the Fed and FDIC’s efforts to stamp out “too big to fail” entities. The idea is for these holding companies to house “resources meant to support banking and brokerage units in times of crisis”—a sort of internal bailout vehicle – WSJ

Rival Japanese carmakers Toyota and Suzuki are reportedly in talks over a “wide-ranging business partnership” – NYTimes

Morgan Stanley is lending its stamp of legitimacy (and a $100 million credit line) to Fintech startup lender Affirm Inc., the online credit-card alternative that finances “tickets, trips, and other big online purchases” with loans usually in the hundreds of dollars range – WSJ

Russia’s newest military strategy combines the realism of a Potemkin village with the materials for a day at the pool, giving us “maskirovka” – NYTimes