Market Chatter-Corporate finance press digest

Sun Jan 13, 2013 11:15pm EST
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Jan 14 (Reuters) - The following corporate finance-related stories were reported by media on Monday:

* Credit Suisse Group AG will cut its bonus pool for 2012 by 20 percent to around 2.3 billion Swiss francs ($2.52 billion), the fourth year in a row the Swiss bank has slashed payouts, Der Sonntag newspaper reported on Sunday.

* Iberdrola SA has scrapped a plan to auction off part of its Scottish Power division after the Spanish group decided it had made better than expected progress in a planned 2 billion euro ($2.67 billion) programme of asset sales over the past year, the Financial Times reported. ()

* JPMorgan Chase & Co may release on Wednesday additional results of internal probes into its $6.2 billion "London Whale" trading loss that could lead to a lower bonus for CEO Jamie Dimon, according to published reports.

* Japan's Softbank Corp is in final talks to sell its stake in eAccess Ltd, representing around 67 percent of voting rights, to Samsung Electronics Co Ltd and 10 others, a source with direct knowledge of the matter told Reuters.   Continued...