Birdwatch Note Rating
2023-07-27 23:18:08 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 06013A9B7B74F0A4CCFAADBF1232928CA1537D19582A7B5DE9BA30352F99BB0D
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