OCT 6, 2008 1:00am ET

Washington Trust Plans to Raise $50M

Washington Trust Bancorp in Westerly, R.I., is raising $50 million of capital to expand its commercial and wealth management businesses.

To continue, please log in, register or subscribe.

Emailed

Facebook's securities filings show its Facebook Credits digital currency business is exploding. Does it pose a serious threat to banks?

Yes. Facebook Credits threatens to cut off banks from transactions and customer data.

12%

No. A system the enables users to pay for online games and page upgrades is a harmless niche.

32%

Maybe. It depends on whether Facebook makes an aggressive move into ecommerce.

56%

Technology