Birdwatch Note Rating
2023-07-27 15:36:31 UTC - HELPFUL
Rated by Participant: 0F129A5168BFA5F4331B0665D65B4E744CA795F384C73A8695C5A790CBBE12FF
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