Norris: Why Standard Chartered is my biggest short

Argonaut Capital CEO Barry Norris has doubled his short position in Standard Chartered, warning ‘the worst is yet to come’ for the bank. AA-rated Norris has been short Standard Chartered for around two half years, but upped the position from 3.5% to 5% of the Argonaut Absolute Return fund earlier this week, reports Citywire Wealth Manager.

 

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