Squawk on the Street cover image

Exclusive: Fmr. Treasury Secretary Mnuchin on NYCB Investment 3/7/24

Squawk on the Street

CHAPTER

Mnuchin's Firm Leads Billion-Dollar Investment in NYCB

The chapter delves into former Treasury Secretary Mnuchin's firm leading a billion-dollar equity investment in NYCB, highlighting past deals, risks, and challenges in refinancing. It discusses the implications of rent-controlled units, deposit flight, and board changes post the financial deal. The conversation transitions to pharmaceutical developments, market reactions to weight-loss pills, and the performance of companies like Viking Therapeutics in the competitive landscape.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner