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 ...

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 ...

Lincoln Investment Planning Buys Broker-Dealer and RIA Capital Analysts

Independent broker-dealer and RIA Lincoln Investment Planning has agreed to buy broker-dealer and RIA Capital Analysts from Western & Southern Financial Group, the firms announced. The deal, terms of which were not disclosed, is expected to close in the second quarter of this year.

Broker tips: Reckitt, SuperGroup, HomeServe

Cillit Bang maker Reckitt Benckiser reported better-than-expected headline earnings per share (EPS) and good top-line growth momentum in its full-year results today, according to Nomura which reiterated ...