Market Chatter-Corporate finance press digest
Jan 25 (Reuters) - The following corporate finance-related stories were reported by media on Friday:
* Top executives at Barclays were aware the bank was manipulating its submissions to Libor rate-setting panel in November 2011, almost a year earlier than previously disclosed, the Financial Times reported. ()
* Alibaba Group, which runs China's largest e-commerce platforms, and its partners will spend 100 billion yuan ($16 billion)in the first phase of investment to build a logistics network, a local newspaper reported.
* Morgan Stanley Chief Executive Officer James Gorman received lower compensation for 2012 after a difficult year for the bank in which profits declined, a person familiar with the matter told Reuters.
* Barclays Plc is firing at least 70 people from its Asian investment banking division, sources familiar with the matter said. Continued...