Market Chatter-Corporate finance press digest

Thu Nov 22, 2012 11:21pm EST

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Nov 23 (Reuters) - The following corporate finance-related stories were reported by media on Friday:

* Lloyds Banking Group is preparing to sell 1.2 billion pounds ($1.91 billion) of distressed mortgages tied to European real estate, as it continues its push to exit the continental property market. Separately, the lender is understood to be lining up the sale of £500m of non-performing UK property loans, the Financial Times reported. ()

* The former chairman of Standard Chartered Plc could return to banking through the 316-branch division being sold by Royal Bank of Scotland, the Times reported. Corsair Capital, the private equity firm where Lord Davies of Abersoch is a partner and vice-chairman, has expressed interest in the business. ()

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