The Fed held interest rates steady for the fifth meeting in a row as two Fed governors dissented underscoring division within the central bank.
Over the past few months, the market narrative has flipped dramatically. Client conversations were centered on stagflation risk and trade uncertainty.
UBS’s Americas wealth management division reported solid financial performance in Q2, with both revenue and profit rising year over year.
JPMorgan Chase (JPM) is in advanced talks to take over Apple's (AAPL) credit card program from Goldman Sachs.