Brief-sellers are sitting on almost $2 billion in revenue from bets in opposition to the European banking sector this month thus far. And, maybe surprisingly, Credit score Suisse wasn’t essentially the most worthwhile quick. As an alternative, France’s greatest financial institution BNP Paribas topped the checklist, yielding $357 million in (as but unrealized) earnings for brief sellers in March in complete dollar-value phrases, in line with inventory market knowledge supplier S3 Companions as of noon Mar. 15. Brief-sellers revenue when a inventory falls. They borrow…
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