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UBS back in profit in Q1 after two quarters in the red

Swiss banking giant UBS revealed a first quarter net profit of nearly $1.8 billion on Tuesday, up 71 percent year-on-year, returning to profit after two quarters in the red due to the takeover of Credit Suisse. Its turnover increased by 46 percent to $12.7 billion, the bank said in a statement, with the income of its investment bank -- the largest project in the integration of rivals Credit Suisse -- increasing by 16 percent, driven by a more favourable climate on the markets and by the good per...
Credit Suisse Investment Bank Swiss Banking

Lirum Therapeutics (LRTX) Plans to Raise $25 Million in May 10th IPO

Lirum Therapeutics (LRTX) expects to raise $25 million in an initial public offering on Friday, May 10th, IPO Scoop reports. The company plans to issue 2,300,000 shares at a price of $10.00-$12.00 per share. The company has a market cap of $102 million. ThinkEquity acted as the underwriter for the IPO. Lirum Therapeutics provided the […]
New York United States Lirum Therapeutics Floor New York Lirum Therapeutics Daily Initial Public Offering

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