CUNA backs NCUA MBL rule in wake of ICBA lawsuit

first_img 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The lawsuit filed against the NCUA by the Independent Community Bankers of America (ICBA) Wednesday is without merit, CUNA President/CEO Jim Nussle said. The ICBA filed its suit in response to the NCUA’s revised member business lending (MBL) rule that was finalized in February.“This baseless attack on the NCUA’s rule ignores the law and the NCUA’s authority in crafting regulations for credit unions,” Nussle said. “This lawsuit lacks merit, and is merely a self-serving publicity stunt to distract community bankers from the real issues that should be concerning them, namely the encroachment by large banks into the business of small banks and their resulting loss of market share.”The lawsuit, ICBA v. NCUA, was filed in the U.S. District Court of the Eastern District of Virginia.CUNA is reviewing the complaint and will take whatever actions necessary to protect credit unions’ interests. Its initial review of the complaint indicates the suit is baseless. continue reading »last_img read more

Arsenal consider tempting Roma with swap deal involving Lucas Torreira

first_img Comment Advertisement Advertisement Lucas Torreira is interesting several Italian sides including the likes of Milan and Roma (Picture: Getty)Arsenal could tempt Roma with a swap deal involving out of favour midfielder Lucas Torreira. The Uruguay international featured prominently during the early weeks of Mikel Arteta’s reign as he returned to his favoured defensive midfield position having been deployed in a more attacking role by Unai Emery. Torreira suffered a serious ankle injury during an FA Cup win over Portsmouth back in March and struggled to win his place back in the side following his return to fitness, with Granit Xhaka and Dani Ceballos forging a promising partnership at the heart of Arsenal’s engine room.The 24-year-old forged his reputation as a tenacious ball winner with Sampdoria and had been on the brink of joining Napoli before Arsenal intervened following the 2018 World Cup in Russia. AdvertisementAdvertisementADVERTISEMENTTorreira has regularly spoken of his desire to return to Serie A and conceded he has had difficulties adapting to life in England. Arsenal are said to be interested in Roma’s Amadou Diawara (Picture: Getty)AC Milan were reportedly at the head of the queue to sign the combative midfielder but he is no longer seen as a priority. After an impressive season on loan, the Rossoneri want to make Tiemoue Bakayoko’s move from Chelsea permanent.According to La Gazzetta dello Sport, Roma could represent a potential destination for Torreira instead, with Amadou Diawara moving in the opposite direction. More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalThe Guinea international spent three years at Napoli before moving to Roma last summer and enjoyed an impressive debut campaign.Arsenal have a strong relationship with Roma, who have recently been taken over by Dan Friedkin, and came to a resolution with the Giallorossi last month and allowed Henrikh Mkhitaryan to join on a permanent deal.MORE: Mikel Arteta ready to sell former Arsenal team-mate Calum Chambers amid Fulham interestMORE: Willian passes Arsenal medical after suffering injury at ChelseaFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. Metro Sport ReporterWednesday 12 Aug 2020 1:27 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link4.3kShares Arsenal consider tempting Roma with swap deal involving Lucas Torreiralast_img read more

Trojans fall short in double overtime

first_imgIn a tight matchup that required two overtimes, the USC men’s basketball team was unable to take advantage of 19 Nebraska turnovers and two late leads, falling 64-61 to the Cornhuskers on Monday night at Galen Center.Inside presence · Junior forward Aaron Fuller, pictured here during last Friday’s game against Cal State Northridge, finished with 13 points and six rebounds during Monday’s double-overtime loss to Nebraska. – Chris Pham | Daily TrojanThough USC (1-1) led 49-45 with just under a minute remaining in regulation, a Nebraska field goal and free throws on consecutive possessions, knotted the score at 49. Sophomore center Dewayne Dedmon missed a 15-footer on the final posession of regulation and the game went into overtime.Holding a 52-49 lead with one minute remaining in the first overtime, Nebraska guard Bo Spencer drilled a 3-pointer with a little more than 40 seconds left to tie the game at 52.On the next possession, sophomore guard Maurice Jones, off a Dedmon screen, wormed his way to the basket for a layup to give USC a 54-52 lead with 6.5 seconds remaining. But on the next possession, freshman guard Alexis Moore fouled Nebraska’s Toney McCray with 2.8 seconds remaining. McCray made both free throws, thus bringing the game to a second overtime after a missed desperation three-point attempt from Jones.Freshman guard Byron Wesley opened the second overtime with a breakaway layup, but Nebraska quickly answered, bringing the score to 56-56. After a Dedmon goaltending call, Nebraska jumped ahead 58-56. Nebraska guard Brandon Richardson — the team’s returning leading scorer from last season — made his fourth three-point field goal, affording the Cornhuskers a five-point lead from which USC would never recover.For the second straight game, senior guard Eric Strangis opened the scoring for the Trojans, drilling a 3-pointer — the Trojans’ first 3-point field goal of the season following a 0-15 shooting effort from beyond the arc against Cal State Northridge.USC exchanged baskets with Nebraska throughout the first half, drawing even at various points but never pulling ahead of the Cornhuskers after an early lead. Dedmon had to exit the first half early for the second straight game because of foul trouble and managed just four points.Moore answered USC coach Kevin O’Neill’s challenge to improve his play, as the Long Beach Poly graduate led all USC players in the first half with eight points, including both of his 3-point attempts. Moore, however, would not score again until converting a 3-point attempt with 45 seconds remaining in the second overtime.After a dead-even first half where Nebraska led 25-23, Jones began the second half with an aggressive drive to the basket, laying the ball in for his second field goal of the contest, while also drawing a foul. After that basket, the USC offense stalled, as the Cornhuskers went on a 13-5 run to build a 38-31 lead.When it appeared Nebraska was pulling away, Jones took control  scoring 16 of his 18 points.last_img read more