Management told investors that deposits had fallen, but the bank’s shares jumped on the details of a shift in strategy and large cash infusion led by the former Treasury secretary Steven Mnuchin.Management told investors that deposits had fallen, but the bank’s shares jumped on the details of a shift in strategy and large cash infusion led by the former Treasury secretary Steven Mnuchin. Banking and Financial Institutions, New York Community Bancorp Inc., Mnuchin, Steven T, Otting, Joseph M, Bankruptcies Read More
New York Community Bank Tries to Reassure Markets After $1 Billion Rescue
