Birdwatch Note Rating
2023-07-27 20:03:54 UTC - HELPFUL
Rated by Participant: 0A79623D18E3CB766B91E3B15A8F583D26046F0E023585FB2C2A3B09E05902D7
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