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☆ NCAA Tournament roundup: Fairleigh Dickinson makes history against Purdue
▼ + stars: | 2023-03-18 | by ( ) www.reuters.com time to read: +7 min

Kobe Johnson supplied 13 points, nine rebounds and four assists, while the Trojans' usual leading scorer, Boogie Ellis, was held to six points. Vermont (23-11) was led by Robin Duncan, Dylan Penn and Matt Veretto who each scored 11 points. Jamarius Burton added 11 points and Greg Elliott had 10, as the Panthers advanced to face No. Jordan Hawkins chipped in 13 points, Donovan Clingan posted 12 and Andre Jackson Jr. supplied 10. Adrian Baldwin Jr. paced the Rams (27-8) with 13 points on 6-of-11 shooting.

"This is part of the process of the knob being turned to tighten financial conditions to make sure that we are on our way to normalising a higher interest rate world," Pick said. Shockwaves from the collapse of SVB put fresh pressure on bank stocks across Asia and Europe on Tuesday as worries about potential contagion to other lenders deepened. Morgan Stanley's Pick said the events of the last week may give the Federal Reserve pause for thought on its own rate plans. He was speaking ahead of closely-watched U.S. inflation data later in the day. Analysts at Goldman Sachs said in a note on Monday that U.S. banking stresses could spread directly to European banks.

LONDON, March 14 (Reuters) - British banks are not yet seeing a "flight to quality" in deposits among customers nervous about the safe-keeping of their money following the collapse of U.S. lender Silicon Valley Bank last week, Lloyds chief executive Charlie Nunn said on Tuesday. Shockwaves from the collapse of Silicon Valley Bank further pounded bank stocks across Asia and Europe on Tuesday as worries about potential contagion to other lenders deepened. Major U.S. banks including JPMorgan (JPM.N) and Citigroup (C.N) have seen a wave of customers applying to shift their accounts to larger lenders, the Financial Times reported on Tuesday. "We haven't seen what we've seen in the U.S., which is the flight to quality," Nunn said. "But let's see how that plays out and we'll see how people feel over the next period of time."

Lloyds set aside 1.5 billion pounds in 2022 to cover potential loan distress, a year after releasing 1.4 billion pounds of provisions as the economy rebounded from COVID-19. The bank reported pre-tax profit of 6.9 billion pounds ($8.4 billion) for 2022, unchanged on the previous year and in line with analyst forecasts it had compiled. It plans to pay a 1.6 pence per share final dividend and a share buyback of up to 2 billion pounds, taking total shareholder returns for 2022 up to 3.6 billion pounds. Expenses also rose 6% to 8.8 billion, partly due to rising wage bills as Lloyds boosted its staff bonus pool by 12% to 446 million pounds. Lloyds also said it had bought Tusker, a vehicle leasing company that provides electric vehicles via salary sacrifice schemes, for 300 million pounds.

☆ NBA roundup: Bucks take advantage of undermanned Celtics
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +4 min

The Celtics played without four starters: Jayson Tatum (illness), Jaylen Brown (facial fracture), Marcus Smart (ankle) and Al Horford (knee). Deandre Ayton provided the Suns with 29 points and a team-high 11 rebounds, while Chris Paul had 17 points to complement a season-high 19 assists. Kristaps Porzingis contributed 28 points, 12 rebounds and five assists, while Bradley Beal scored 19 points and Kendrick Nunn added 10 for Washington. Scottie Barnes added 17 points, and Precious Achiuwa amassed 11 points and 13 rebounds. Wendell Carter Jr. scored 26 points for the Magic, who have alternated wins and losses for the past six games.

☆ I find peoples' lost jewelry on beaches for a living. I have a 90% success rate, and most searches take me under 2 hours.
▼ + stars: | 2023-02-13 | by ( Gary Nunn | ) www.businessinsider.com time to read: +6 min

Michael Oliver would hunt for lost metal as a hobby while working as a forklift driver. I called my business Lost Jewelry Recovery rather than naming it as a metal-detecting service, because jewelry is the main thing clients call me to recover. The equipment tells me exactly where to dig and how far downSometimes I find lost jewelry in five minutes or less. There are heaps of lost rings: engagement rings, wedding rings, family heirlooms, 21 st-birthday rings, grandma's ring — the lot. Reunions are often emotionalSometimes curious beachgoers who've watched the nail-biting search burst into spontaneous applause when I find the lost item.

☆ NatWest CEO to face UK lawmakers on savings rates after U-turn
▼ + stars: | 2023-02-02 | by ( ) www.reuters.com time to read: +1 min

LONDON, Feb 2 (Reuters) - NatWest (NWG.L) CEO Alison Rose will face a grilling by British lawmakers next Tuesday over whether lenders are passing on enough of central bank interest rate rises to consumers, after initially saying she was too busy to attend. "Following further discussions with the Treasury Committee on the vital issues at hand, Alison Rose will be attending next week's Committee hearing," a spokesperson for NatWest said. Lloyds boss Charlie Nunn and executives from Barclays and HSBC are also set to attend the hearing held by the powerful Treasury Select Committee next week. NatWest had initially said its retail bank boss David Lindberg was an appropriate boss to represent the bank at the hearing. Reporting by Iain Withers; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

☆ NBA roundup: Damian Lillard scores 60, moves up 3-pointer list
▼ + stars: | 2023-01-26 | by ( ) www.reuters.com time to read: +7 min

Jerami Grant added 19 points and Anfernee Simons had 16 points and nine assists, which won its second game in a row. 76ers 137, Nets 133Tyrese Maxey scored 27 points, Joel Embiid added 26 points and 10 rebounds and host Philadelphia defeated Brooklyn. Rui Hachimura scored 12 points in his Lakers debut after he was acquired in a trade with the Washington Wizards on Monday. Pat Connaughton had 19 points and 12 rebounds and Khris Middleton added 10 points for the Bucks. Mathurin went for a game-high 26 points, but Banchero's Magic came out on top thanks to a strong start.

☆ UK house prices to fall 8-10% this year, Lloyds CEO says
▼ + stars: | 2023-01-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUK house prices to fall 8-10% this year, Lloyds CEO saysCharlie Nunn, CEO of Lloyds Banking Group, discusses the outlook for the U.K. economy and the impact of the cost-of-living crisis.

☆ UK house prices to fall by up to 10% this year, Lloyds Bank CEO says
▼ + stars: | 2023-01-17 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. LONDON — U.K. house prices will fall by up to 10% this year, as higher mortgage rates and the broader cost of living crisis curtail home buying, Lloyds Bank CEO Charlie Nunn told CNBC on Tuesday. The U.K. property sector remained sluggish in recent months, as the Bank of England continued to hike interest rates aggressively in order to reel in double-digit inflation. Inflation hit 10.7% in November, and the Bank has hiked rates at nine consecutive policy meetings to lift its main rate from 0.1% to 3.5%. A report from British property website Rightmove on Monday showed asking prices for homes rising slightly in January for the first time in two months.

☆ NBA roundup: Hornets come out firing, blow out Bucks
▼ + stars: | 2023-01-07 | by ( ) www.reuters.com time to read: +7 min

Tyrese Maxey led the Sixers with 26 points and Tobias Harris had 22 points and 11 rebounds. Romeo Langford added 15 points for San Antonio, with Malaki Branham hitting for 14 and Jeremy Sochan 10. Daniel Gafford had 15 points and nine rebounds, and Kristaps Porzingas added 14 points and 10 rebounds. John Wall had 14 points and eight assists, and Moses Brown produced 14 points and 11 rebounds. Bam Adebayo recorded 21 points and 11 rebounds and Jimmy Butler added 20 points and six assists for the Heat.

Knitowski borrowed $375,000 from crypto lender Celsius over several years and posted $1.5 million in bitcoin as collateral. Knitowski and thousands of other loan holders had more than $812 million in collateral locked on the platform, and bankruptcy records show Celsius failed to return collateral to borrowers even after they repaid their loans. Adler said he's representing a group of 75 borrowers who have approximately $100 million in digital assets on Celsius' platform. In the crypto world, a borrower can ask for a loan and pledge bitcoin as collateral. The crypto platform also failed to provide borrowers with a complete federal Truth in Lending Act (TILA) disclosure, according to former employees and an email sent to customers on July 4.

LONDON, Nov 29 (Reuters) - Britain will change its rulebook to allow banks to take more risks in order to keep the City of London a leading global financial centre, a government minister said on Tuesday. Next week the EU will set out a new law to force banks in the bloc to shift some of their euro derivatives clearing from London to Frankfurt. "The overall thrust of things is to allow more risk... You get reward from taking risks, you shouldn't be risk off, we just need to manage that in an appropriate way," Griffith told a Financial Times event. "There is nervousness about the UK overall," Nunn said, referring to the period of political instability and concern over the nation's finances. Alison Harding-Jones, head of EMEA M&A at US bank Citi, told the event that Britain remained a strong place and open for business.

Rep. Cindy Axne ran against Republican Zach Nunn in Iowa's 3rd Congressional District. Democratic Rep. Cindy Axne lost her bid for reelection against Republican state Sen. Zach Nunn in Iowa's 3rd Congressional District. 2022 General EmbedsIowa's 3rd Congressional District candidatesAxne is a member of the Committees on Financial Services and Agriculture. Voting history for Iowa's 3rd Congressional DistrictIowa's 3rd Congressional District is located in the southwestern region of the state. The National Republican Congressional Committee and Congressional Leadership Fund, a pro-Nunn super PAC, account for the majority of that spending.

☆ Democratic Rep. Cindy Axne faces off against Republican Zach Nunn in Iowa's 3rd Congressional District election
▼ + stars: | 2022-11-02 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

Rep. Cindy Axne is running against Republican Zach Nunn in Iowa's 3rd Congressional District. The 3rd District is located in the southwestern region of Iowa. Iowa's 3rd Congressional District candidatesAxne is a member of the Committees on Financial Services and Agriculture. Voting history for Iowa's 3rd Congressional DistrictIowa's 3rd Congressional District is located in the southwestern region of the state. The National Republican Congressional Committee and Congressional Leadership Fund, a pro-Nunn super PAC, account for the majority of that spending.

LONDON, Oct 27 (Reuters) - Lloyds Banking Group (LLOY.L) reported a slide in quarterly profit on Thursday, as the lender braced for a potential rise in loan defaults as inflation squeezes borrowers. Market turmoil sparked by Truss' tax-cutting plans pushed up the country's borrowing costs and led lenders to ratchet up mortgage rates, piling further pressure on households. Despite its lower profit, Lloyds said the strength of its underlying performance meant it could raise its forecast on several performance metrics for the year. However, Lloyds said asset quality - measuring potential loan defaults - was expected to be slightly worse this year. Actual loan defaults remained low for the time being, it added.

Banks are finding the home loan market stacked in their favour after years of low mortgage rates, but are also aware that bigger mortgage bills could spell trouble for cash-strapped customers. But the higher rates will hit borrowers hard. Mortgage payments as a proportion of gross household income were on average around 20% in June, according to BuiltPlace, a property market consultancy. They could rise to around 27% - the highest since the early 1990s - if mortgage rates were to rise to 6%, the consultancy said. The rise in mortgage rates will be a blow for millions of households' finances, Sue Anderson, head of media at debt charity StepChange said.

☆ Factbox: Twelve U.S. House races to watch in the midterm election
▼ + stars: | 2022-10-04 | by ( Moira Warburton | ) www.reuters.com time to read: +6 min

CALIFORNIA'S 22ND DISTRICTRepublican Representative David Valadao was one of only 10 House Republicans who voted to impeach Trump in his second trial. He is now facing a tough challenge from Democratic state representative Rudy Salas in a Central Valley district that has been redrawn substantially since the last election. She will face Amanda Adkins, a former chair of the state Republican Party. McLeod-Skinner faces Republican Lori Chavez-DeRemer, a former mayor of Happy Valley, a Portland suburb. Fung has heavily focused his campaign on inflation, while Magaziner argues that Fung would enable the far right House Republicans' agenda.

☆ Six Exercises to Build Knee Strength and Stability
▼ + stars: | 2021-07-31 | by ( Jen Murphy | Photographs Michal Czerwonka For The Wall Street Journal | ) www.wsj.com time to read: 1 min

Strong, powerful legs and glutes are the secret weapons of elite rowers. “A rowing workout is most closely related to a squat jump or dead lift,” says Jack Nunn , a former member of the USRowing national team and founder of Roworx Fitness in Long Beach, Calif. “Nearly 70% of the power coming from the rowing stroke is driven through the legs and back,” says Mr. Nunn, whose father, John Nunn, competed in and coached rowing in the Olympics. The lower-body movement in the rowing stroke helps strengthen the quadriceps and hamstrings, key muscles that protect the knee joint, Mr. Nunn says. If you don’t have access to a boat or a rowing machine, he says, mimicking the lower body rowing motion on land is as simple as adding squats into your routine. “When I underwent two knee surgeries, both doctors told me to start doing standard standing squats to regain strength,” he says.

Persons: Jack Nunn, ”, Nunn, John Nunn Organizations: USRowing, Olympics Locations: Long Beach, Calif, “

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