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Embattled lender NYCB says it has raised more than $1 billion in equity

March 6, 2024 2:24 PM EST

FILE PHOTO: A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. REUTERS/Mike Segar/File Photo

(Reuters) - New York Community Bancorp said on Wednesday it has raised more than $1 billion in equity.

Liberty Strategic Capital, Hudson Bay Capital, Reverence Capital Partners, Citadel Securities and other investors, including members of the company's management made the investment.

(Reporting by Manya Saini in Bengaluru; Editing by Shounak Dasgupta)



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