Press Round-Up 11.12.2015

( December 11, 2015, 08:11 GMT | Press Round-Up Europe) -- Contents: - EU eyes bigger retail finance market in Europe - Spanish banks should merge, close branches, Linde says - AIG shakes up management under Icahn’s pressure - KKR increases lending to European companies - Walmart launches mobile payment service - Labor oversteps jurisdiction with fiduciary rule, officials say - SEC to consider adopting international accounting standards - Canadian markets benefit from HFT - SEC’s White says auditors not in compliance - Basel reintroduces use of external credit ratings in new proposal- The European Commission will look at ways to improve choice, transparency and competition in retail financial services across the EU bloc. On Thursday, the regulator launched a formal consultation to identify the barriers to a single market in consumer financial products and services such as bank accounts, loans, and insurance products....

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