Banking
Steven Mnuchin on NYCB investment: Great opportunity to turn this into an attractive regional bank
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Former U.S. Treasury Secretary and Liberty Strategic Capital founder and managing partner Steven Mnuchin joins ‘Squawk on the Street’ to discuss the firm’s investment in New York Community Bancorp as part of a $1 billion capital injection into the struggling regional bank, the bank’s loan portfolio, whether this will be a long-term investment for Mnuchin, and more.
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