RPT-Market Chatter-Corporate finance press digest

Fri Jan 11, 2013 1:03am EST
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Jan 11 (Reuters) - The following corporate finance-related stories were reported by media on Friday:

* Legg Mason Inc has been approached in recent months by some of its senior managers and private equity firms with plans to take the struggling asset manager private, but the board has decided against exploring that option at least until the company has a new chief executive, three sources told Reuters.

* A former portfolio manager at Tudor Investment Corp who oversaw energy investing from Singapore for the giant hedge fund is setting up his own business with a handful of former colleagues, according to several people familiar with the matter.

* Royal Bank of Scotland is considering recouping half of its imminent penalty for its role in a global interest rate rigging scandal from the 2012 bonus pool of its investment bankers, the Financial Times reported.