_nycb-announces-361-billion-in-capital-raise.jpg "NYCB Announces $1 Billion in Capital Raise from rose darling Video Screenshot Preview")
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✓ Published: 07-Mar-2024
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✓ Published: 07-Mar-2024
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The stock of new York Community Bancorp rose sharply on Wednesday following the announcement of a $1 billion capital raise and a leadership shake-up led by former treasury secretary Steven Mnuchin. <br/> According to a press release, as part of the deal, NYCB will receive more than $1 billion in equity from investment firms such as Mnuchin's Liberty Strategic Capital, Hudson Bay Capital and Reverence Capital Partners.
The stock of new York Community Bancorp rose sharply on Wednesday following the announcement of a $1 billion capital raise and a leadership shake-up led by former treasury secretary Steven Mnuchin. <br/> According to a press release, as part of the deal, NYCB will receive more than $1 billion in equity from investment firms such as Mnuchin's Liberty Strategic Capital, Hudson Bay Capital and Reverence Capital Partners.
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