NYCB’s Credit Rating Raised by Moody’s on Mnuchin Capital Infusion

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NYCB’s Credit Rating Raised by Moody’s on Mnuchin Capital Infusion
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New York Community Bancorp’s credit rating was raised by Moody’s Investors Service after the embattled lender landed a capital injection from investors led by Steven Mnuchin, though the grade remained in junk territory.

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