Birdwatch Note Rating
2023-07-27 10:00:33 UTC - NOT_HELPFUL
Rated by Participant: 0F8565E5A7E083CE9E3529101FB48B9C282FA21D9C43F40272E175F2C9669E22
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