RPT-Market Chatter-Corporate finance press digest

Mon Jan 14, 2013 1:09am EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

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.