UBS loses case to recoup bonus from ex-broker

(Reuters) - A former broker of a UBS AG unit can keep $1 million of a signing bonus he received when joining the firm, despite leaving earlier than terms of the bonus required, according to a ruling by an arbitration panel. Pericles Gregoriou, who worked at UBS Financial Services Inc from 2007 to 2009, was found not liable for failing to repay amounts he owed to UBS for a signing bonus ...

Broker tips: BP, Cairn, Amlin

Nomura has reiterated its neutral rating and 500p target for oil titan BP saying that while the 14% increase in the quarterly dividend is welcome, the Macondo oil settlement remains 'the elephant in the ...

Panel Rules Broker Doesn't Have To Repay UBS Signing Bonus

An arbitration panel ruled a broker doesn't have to repay $1 million of a signing bonus he received from a unit of UBS AG (UBS, UBSN.VX).

Broker snap: SuperGroup is 'overvalued', Merchant downgrades

SuperGroup's shares tanked on Wednesday morning after the firm said that full-year profits would come in at the lower end of expectations. A downgrade from Merchant Securities hasn't done much to help ...

Broker snap: Credit Suisse cautious about 2012 at Glaxo

Credit Suisse has trimmed its current-year forecasts for pharmaceuticals giant GlaxoSmithKline following yesterday's release of its 2011 results, with the broker saying that a "cautious 2012 outlook ...