Market Chatter -- Corporate finance press digest

LONDON, June 1 (Reuters) - The following corporate finance-related stories involving U.S. and European companies were reported by media on Sunday and Monday:

** Private equity firm The Carlyle Group [CYL.UL] and some investors are in talks to buy the failed Silverton Bank of Atlanta, the Wall Street Journal reported. [ID:nBNG476399]

** Private equity group CVC Partners [CVC.UL] has offered to pay just under 2 billion pounds ($3.2 billion) for a 30 percent stake in UK state-owned postal group Royal Mail, the Sunday Telegraph reported. [ID:nLV387761]

** Chancellor Alistair Darling is to fast-track the recruitment of a top financial executive to run the government's toxic-loan insurance scheme, the Guardian reported.

The appointee will be responsible for ensuring that the banks involved do not behave recklessly, while controlling a new body to oversee it.

** The UK Financial Services Authority, the Bank of England and the Treasury identified Northern Rock NRK.L as the weakest element of the UK banking sector in 2004, when they carried out risk simulation planning, contradicting assertions that the collapse of the bank could not have been foreseen, the Financial Times reported.

** Commercial property developer Modus Ventures has been put into administration by its lenders, the Financial Times reported.

** BSkyB (BSY.L) would need a rights issue of 500 million pounds to kick start a recovery at ITV (ITV.L), the Daily Telegraph reported.

** LCH.Clearnet will go into talks with the 13-strong bidding consortium on Monday, but Chairman Chris Tupker and the board believe the consortium's bid to be too low, the Times reported.

The management has proposed its own plans for refinancing the firm, which would tidy up its complex ownership structure and lead to the 15 biggest customers of LCH taking 75 percent of the business.

** Stricken German bank Hypo Real Estate HRXG.DE will need more state support even after a capital increase the German government is pushing through to take full control of the lender, the Frankfurter Allgemeine Sonntagszeitung Sunday paper cited its chief executive Axel Wieandt as saying.

(Compiled by Daisy Ku; Editing by David Holmes)