An ailing New York bank just announced an injection of $1 billion in capital in a push to stay afloat. New York Community Bank says the infusion was led by former U.S. Treasury Secretary Steven Mnuchin’s Liberty Strategic Capital, as well as Hudson Bay and Reverence Capital. In a press release, Mnuchin says he believes […]

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The post Troubled New York Bank Receiving $1,000,000,000 Liquidity Injection in Push to Save Ailing Lender appeared first on The Daily Hodl.
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