NYCB’s Stock and Bonds Rally as Bank Swaps Preferred Stock for Common Stock
New York Community Bancorp disclosed a conversion of preferred stock into common stock, causing an initial jump in the stock price of 9.1%
Founded by the 77th Secretary of the U.S. Treasury Steve Mnuchin and other global influencers, Liberty Strategic Capital is a Washington, DC-based firm focused on strategic investments guided by an in-depth knowledge of target industries and a keen understanding of government-influenced markets and regulatory environments. The target industries are comprised of financial technology, cybersecurity, financial services, and “new forms of content.”