Trump Hails Iran Talks, Swiss Lawmakers Reject UBS Capital Compromise
President Trump described recent talks with Iranian envoys as productive, though progress remains unclear. Meanwhile, Swiss lawmakers rejected a capital compromise plan for UBS Group AG.
US President Donald Trump said his officials had “very good” talks with Iranian envoys in New York, reviving hopes for a diplomatic off-ramp. Trump said the three-hour session was “very productive” and another was being planned for the near future, but it’s not clear what, if any, progress was made in New York. Swiss lawmakers handed a defeat to UBS Group AG executives on Wednesday, voting decisively in favor of a plan that could ultimately force the global wealth manager to hold billions of…
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