Market Chatter -- Corporate finance press digest

LONDON, June 26 (Reuters) - The following corporate finance-related stories involving U.S. and European companies were reported by media on Thursday:

** General Electric Co's (GE.N) auction of its $30 billion credit-card business is attracting only tepid interest, according to an article on the Wall Street Journal's website. Prospective buyers are afraid that customers of stores like Wal-Mart Stores Inc (WMT.N), J.C. Penney Co (JCP.N) and Lowe's (LOW.N) are having trouble paying their bills, the report said.

** Furniture retailer ILVA has gone into administration, the Daily Telegraph reported. Kroll has been named as administrator for the company, the newspaper added.

** Accountancy firm KPMG and one of its partners have been fined 500,000 pounds ($987,000) over its role in the collapse of Independent Insurance in 2000, several newspapers including the Times and the Financial Times reported.

(Reporting by Mathieu Robbins; Editing by Louise Ireland)