Birdwatch Note Rating
2023-07-27 12:21:20 UTC - HELPFUL
Rated by Participant: 0498E7F7C2F755A45D2CAA14689D158AD87EFD4DD40B842989972AC2F650EF75
Participant Details
Original Note:
Marshall Wace declared a short position against NatWest in April 2023 following the collapse of two other high profile banks, Silicon Valley Bank and Credit Suisse. The decision to short was driven by financial analysis conducted by the firm's computer software (TOPS). https://www.telegraph.co.uk/business/2023/07/26/paul-marshall-hedge-fund-nets-millions-bet-against-natwest/ https://www.hedgeweek.com/2023/04/11/320159/marshall-wace-builds-short-bet-against-natwest
All Note Details