Market Chatter-Corporate finance press digest
March 7 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:
* Italy's Banca Monte dei Paschi di Siena is seeking damages of at least 1.2 billion euros ($1.56 billion) from two former executives and investment banks Nomura Holdings Inc and Deutsche Bank AG over derivative trades, a judicial source with direct knowledge of the matter told Reuters.
* Mervyn King, the outgoing governor of the Bank of England, has urged the government to break up the Royal Bank of Scotland Plc as the best way to recover the bulk of the 45 billion pounds ($67.75 billion) used to bail out the state-controlled bank.
* Michael Dell is battling to keep his $24.4 billion buyout of Dell Inc on track after a major shareholder, Southeastern Asset Management Inc, balked and Dell's biggest rival, Hewlett-Packard Co considered a bid of its own, the Wall Street Journal reported.
* Exxon Mobil Corp has launched an auction to sell up to $2 billion worth of shares in a Hong Kong power venture after a year-long effort to offload its holding to its partner yielded no result, sources familiar with the matter said. Continued...