Mnuchin's Liberty Strategic Capital reports 7.7% stake in NYCB
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FILE PHOTO: A screen displays the trading information for New York Community Bancorp on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024. REUTERS/Brendan McDermid//File Photo
(Reuters) - Liberty Strategic Capital on Monday disclosed it held a 7.7% stake in regional lender New York Community Bancorp as of June 7.
Former U.S. Treasury Secretary Steven Mnuchin's private equity firm was part of an investor consortium that invested roughly $1 billion in the bank in March.
(Reporting by Manya Saini in Bengaluru; Editing by Shounak Dasgupta)
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