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 ...

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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).