Goldman Sachs’s retail bank Marcus has signed a deal with Saga, a UK company that specialises in financial services for people over the age of 50, to tap into its 2.6 million-strong consumer base.
The March options expiration cycle is emerging as a time when investors expect the current bull market to be taken to slaughter.
The Federal Reserve isn’t expected to pull back on its easing efforts at this week’s meeting, but some investors are buying cheap insurance in the form of stock options in case the Fed spooks the markets.
Detroit,is seeking permission to pay UBS and Bank of America Corp. $230 million to cancel payments on swaps that threaten the city’s revenue from casino taxes.
The Chicago Board Options Exchange sees opportunity in volatility and aims to drive further growth in volatility trading in 2014 by introducing more new products and expanding extended-hour product offerings.