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Mnuchin’s Liberty Strategic Capital reports 7.7% stake in NYCB
(Reuters) — Liberty Strategic Capital on Monday disclosed it held a 7.7% stake in regional lender New York Community Bancorp (NYSE:NYCB) 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.