Birdwatch Note Rating
2023-07-27 14:29:42 UTC - NOT_HELPFUL
Rated by Participant: 1BD6CD1AD591566419FF683359B3FCEF1B3AE9B6BF80B7800C6B511849AF0931
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