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Federal Trust Corporation Announces Commencement of $35 Million Common Stock Offering (PR Newswire)
Federal Trust Corporation today announced that it is commencing a $35.0 million offering of common stock to its shareholders and a limited number of other investors to improve the capital and liquidity position of Federal Trust Corporation and its subsidiary, Federal Trust Bank.
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Global M&A volumes tumble by a third
LONDON (Reuters) - Global mergers and acquisitions slumped by almost a third in the first quarter, according to preliminary data from Thomson Financial, as banks reined in borrowing and economic uncertainty weighed on CEO confidence.