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UPDATE 1-Market Chatter - Corporate finance press digest
December 13, 2012 / 6:45 AM / 5 years ago

UPDATE 1-Market Chatter - Corporate finance press digest

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

* British bank Barclays plans to eliminate as many as 2,000 jobs in its investment bank as part of a broad restructuring, the Wall Street Journal reported citing people familiar with the bank’s plans. ()

* Knight Capital Group expects to make a decision on its future ownership by early next week, the Wall Street Journal reported citing people familiar with the matter. ()

* Mitsubishi UFJ Financial Group is set to buy Bank of America’s stake in their Japanese private banking venture for 39 billion yen ($470 million), Bloomberg reported, quoting two people with knowledge of the matter.

* U.S. retailer Wal-Mart Stores is in talks to buy an 80 percent stake in Turkish retailer Migros Ticaret AS from London-based private equity group BC Partners, the Financial Times reported.

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