Birdwatch Note Rating
2023-07-27 12:05:47 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 152810D8ABCB6A4809DCD79C0AA3322683B9A66F4B36D81BA796DD3B7EFBFAE8
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