Birdwatch Note Rating
2023-07-28 05:01:32 UTC - HELPFUL
Rated by Participant: 147D1B0B85F0BB4D3E8B364B46A5D176B210341C5B45A900D6558C15275CFFD3
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