The stock price of New York Community Bank, which was deeply in crisis, staged a stunning reversal overnight, with an intraday fluctuation of up to 70%. Earlier reports suggested that the bank was seeking financing, and its stock price plummeted by over 45%. In the afternoon, the New York Community Bank announced a fundraising of $1 billion and made leadership adjustments. Former US Treasury Secretary Mnuchin's private equity firm led the investment. As part of the transaction, Mnuchin will become one of the four new members of the bank's board of directors, with Joseph Odin, former director of the US Comptroller of the Currency, serving as CEO. Driven by this, the stock price of New York Community Bank has risen significantly, up nearly 30% at one point. However, the subsequent increase narrowed and ultimately closed at 7.45%.