UPDATE 2-Market Chatter -- Corporate finance press digest

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BANGALORE Aug 13 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:

* Prudential Financial Inc (PRU.N) has put its South Korean brokerage arm up for sale and is in talks with KB Financial Group (105560.KS) as a potential buyer, an online news outlet reported on Thursday, citing an unnamed banking source. [ID:nSEO142232]

* State-run miner Coal India Ltd plans to raise up to 60 billion rupees ($1.25 billion) by selling 10 percent of its equity through an initial public offer (IPO) expected within a year, the Business Standard reported on Thursday, citing unnamed sources. [ID:nBOM294346]

* Citigroup Inc (C.N) has been forced by U.S. regulators to hire external consultants who will consider whether the New York company's current management is capable of leading it out of financial crisis, the Financial Times reported on its website. [ID:nSP331286]

* Menswear retailer Trinity, controlled by the parent of Li & Fung (0494.HK), has revived a listing plan and aims to raise at least US$200 million in a Hong Kong IPO before the end of this year, a Hong Kong newspaper reported on Thursday. [ID:nHKG129890]

* India's Reliance Industries Ltd (RELI.BO) has exited an Oil and Natural Gas Corp (ONGC.BO)-led consortium that was to bid for a 40 percent stake in an oil field in Venezuela, the Economic Times reported on Thursday citing the ONGC chairman. [ID:nBOM461]

(Compiled by Shivani Singh; editing by John Stonestreet)