Trump Hails Iran Talks, Swiss Lawmakers Reject UBS Capital Compromise

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 dol

Source: Bloomberg Markets